Description
Assignment 1: Management Planning and Organizing
As part of management planning, companies starting up need to define their vision (long term idealized ultimate company goal), their mission (or purpose statement), values (their corporate beliefs) and their company goals that they will endeavor to meet both in the short and long term. These vision, mission, and values statements are typically found on corporate websites.
Once the company goals are determined, management addresses organizing to delineate the tasks and responsibilities of employees to accomplish the goals. For this Assignment you will be using the "Tim's Coffee Shoppe" scenario from the Final project Assignment. This business simulation will be referenced throughout this course as you work on various aspects of your assignments.
Access Tim's Coffee Shoppe here. After viewing the scenario address the following checklist items concerning planning and organizing in an eight (8) slide PowerPoint presentation:
Checklist: In this Assignment, you will address development of the mission and vision statement for Tim’s Coffee Shoppe.
After looking up vision and mission statements on several of your preferred company websites for examples:
- Decide on a mission and vision statement for Tim’s Coffee Shoppe
- Three bulleted goals for the next year (short term)
- Three bulleted goals for the long term (the next 3 years ) for Tim’s Coffee Shoppe.
- Provide a short explanation of how Tim's Coffee Shoppe can reach each of these goals (3 short-term, and 3 long-term).
Access the Assignment 1 grading rubric.
Submit your response in a short Microsoft PowerPoint slide presentation consisting of a minimum of eight (8) slides which includes a title slide and references slide (at the end) using APAcitation style. Submit your presentation to the unit Dropbox
Whom ever works with me on this assignment I would like to continue working with you for the semester because throughout the semester this one topic will continue to build.
Explanation & Answer
Attached.
Tim’s Coffee Shoppe
Name
Institution
Date
Introduction
A mission statement is written affirmation of the main purpose as well
as focus of a business which remains the same for some period of time.
It serves as a filter which differentiates the important issues to those not
important to the business (Rothaermel, 2015).
On the other hand, a vision statement is a motivating description of the
achievements which a business needs to accomplish within a given
period of time.
It serves like a guide in choosing the current and the future actions of
t...