Questions on the 5 P's of strategy and mission statement

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Learning Activity #1

The 5 P’s of Strategy are Plan, Ploy, Pattern, Position, and Perspective.

Choose 1 of the companies from the list below:

Samsung

Apple

Verizon

Sprint

Based upon your understanding of the 5 P’s of Strategy, explain how the company you have selected is demonstrating each of the 5 P’s of Strategy. Support your responses with detailed examples based upon your research and knowledge of the chosen company.

Learning Activity #2

The link below provides samples of Mission Statements for Fortune 500 companies.

http://www.missionstatements.com/fortune_500_mission_statements.html

Choose a Mission Statement from one of the companies that is listed. Based upon what you have reviewed in the course readings for this week, do you believe that the Mission Statement meets the criteria for an effective Mission Statement?

Provide a detailed rational to support your position by comparing and relating this statement to the characteristics of an effective statement that was discussed in the readings for this week. Your response should explicitly reference the characteristics of an effective statement.

Create a revised Mission Statement that illustrates a more effective Mission Statement if you feel that this statement is ineffective. Be sure to include the companies Mission Statement in your response.

*Please provide any links for information used and 2-3 paragraphs each. No copy and paste, no plagiarism

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