Need a 3 page essay comparing and contrasting mission and vision statements of 2 companies

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Description

Using your favorite search engine, research the mission and vision statements of different fortune 500 companies. Then, you will write an essay in which you compare and contrast the mission statements of two companies and the vision statements of two companies. You may use the same companies for both the mission and vision comparisons or separate companies.

Within your essay, include the following:

  • Explain the principle value of two vision statements.
  • Explain the principle value of two mission statements.
  • Compare and contrast vision statements of each organization in terms of composition and importance.
  • Compare and contrast mission statements of each organization in terms of composition and importance.
  • Do you think organizations that have comprehensive mission statements tend to be high performers? How do mission and vision statements assist in selecting an industry-specific strategy?
  • Explain why a mission statement should not include monetary amounts, numbers, percentages, ratios, goals, or objectives.

Your essay should be a minimum of three pages in length or approximately 750 words, not including the title and reference pages. You must also include an outside source from the CSU Online Library to support your explanations. Follow APA standards for formatting and referencing

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Explanation & Answer

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Running head: VISION AND MISSION STATEMENT

Vision and mission statement
Name
Course
Tutor
Date

1

Vision and mission statement

2
Vision and mission statements

Different companies have different missions, and vision statements as these two are very
vital to the company's description that markets them to their various clients. The mission
statement describes the company sole purpose, function, and their commitment to their course.
On the other hand, the vision statement is a description of what the company would want to
accomplish in the future. These statements are structured differently based on the nature of the
company. In this piece of literature, the focus will be on two companies that is Walmart Inc. and
McKesson Corporation. Walmart Inc. is a retail company that deals with a chain of grocery
stores and hypermarket, while McKesson Corporation is a company that deals with the
marketing, distribution, and manufacturing of pharmaceutical products.
The mission statement of Walmart is "saving people money so they can live better"
(King, 2010) while McKesson mission statement is "To provide comprehensive pharmacy
solutions that improve productivity, profitability, and result in superior patient care...


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