HOSP 4060 Boston University Mission Statement Evaluation Matrix Worksheet

User Generated

Wreellll

Business Finance

hosp 4060

Boston University

HOSP

Description

Choose a publicly traded US Company that has a name that begins with the same letter as the first letter in your last name. You will be researching this same company for future assignments. This week, conduct a mission analysis on this company incorporating the attached mission matrix worksheet and submit it here.

Note - this is one of the outcomes measured by the University for graduation.

Unformatted Attachment Preview

HOSP 4060 Senior Seminar MISSION STATEMENT EVALUATION MATRIX Concern for Products Survival/ SelfOrganization/Company Customers Services Markets Growth Technology Philosophy Concept Concern for Concern Public for Image Employees Objective: Evaluate the effectiveness of the mission statement for the organization/company you have selected. Assignment: Review the nine components listed above and indicate in the appropriate box in the matrix whether or not each of the nine elements is found in the organization/company’s mission statement with a “yes” or “no” response. If yes, identify elements located within the mission statement that address that component. If no, elaborate on the appropriateness of this organization/company’s mission statement.
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Explanation & Answer

Attached. Please let me know if you have any questions or need revisions.

Mission Statement Analysis - Outline
I. Evaluation
A. A mission is not merely a definition by an external group of an organization, but
an indication of their wishes and purpose for the entity, made by its founders
B. A clear and workable mission statement needs to include several components,
namely customers, products, market, growth sustainability, technology,
philosophy, self-concept, public image, and concern for employees
C. The company’s mission statement mentions that the company is focusing on
clients with a portfolio for sales
D. The company’s management mentions the product on sale in their second
sentence of the mission statement
E. The company’s mission statement has failed to identify the geographical market
for its products
F. As a customer-oriented mission statement, the company has not included any
financial sustainability or growth strategy
G. As an indication of the company’s products, the management has indicated that it
is offering cloud-based services
H. The company’s philosophy, according to the mission statement to deliver carbon
frees service systems
I. The company has not indicated any component as its competitive advantage
J. The...


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