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Internal and External Environments that Affect Strategic Planning (Example)

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Module 05: Critical Thinking Student’s Name Institutional Affiliation Introduction An organization’s vision and mission statements relate to its purpose and the management has to communicate these through writing. They answer important questions revolving around what the firm is what they value and their direction. Companies that have clear statements of purpose that are related to the mission and vision are likely to perform better than those which lack clearly communicated statements (Ainsworth Smith & Millership 2016). Because of that it is imperative that corporations the mentioned statements and to strive to align them to their objectives and goals. This paper therefore analyzes the mission and vision statement of PepsiCo Company. Table 1 Comparison of PepsiCo statements to the characteristics of the vision and mission statements Statement Characteristics Y/N Mission Statement Basic product or service that the organization offers (what) Y Primary markets or the consumer groups that the organization are some of the objectives which might not be in the mission and vision statements yet very crucial for the firm. As such the identified areas ensure the managers can cover as many elements of the company’s development as possible. From these areas the Human Resource Department can still obtain information that relates to cascading firm-level strategies to the individuals' goals. References Abrahams J. (2015). The Mission Statement Book: 301 Corporate Mission Statements from America's Top Companies. New York NY: John Wiley and Sons. Aguinis H. (2013). Performance Management: Pearson New International Edition. London United Kingdom: Pearson Higher Ed. Ainsworth M. Smith N. & Millership A. (2016). Managing Performance Managing People: Understanding and Improving Team Performance. Boca Raton NJ: Longman Publishing Group. Austin R. D. (2013). Measuring and Managing Performance in Organizations. New York NY: Addison-Wesley. Fuller J. (2017). Managing Performance Improvement Projects: Preparing Planning Implementing. Boston MA: Pfeiffer. [...]

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4 Pages .. Many true references (In-text-citation). Alphabetically in Bibliography. APA style .. All the questions are answered as it is required, Please choose the vision and mission of PepsiCo. "New Times Romans", "Double" format, Font size "12". Good Luck ..

Subject Area: Business

Document Type: Dissertation

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $40

Words 1100

Pages 4

Completed in 1 day

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Brilliant ! Can't believe it.

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03.03.2018

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