Instructions

1. Answer all questions.
2. Use short, simple, and straightforward to answer the questions.

Question 1

Select any three companies/institutions of your choice, including the one you work for or you know of. Reproduce the vision and mission statements of each of these institutions and comment on the suitability or otherwise of how the vision and mission statements have been written. That is from the discussions in class, if the statements are written wrongly state it; if everything about them is perfect, just state it.

Question 2

a) Briefly explain how the nature and content of the mission statement may be different in different sorts of organisations, specifically corporate bodies, NGOs & governmental institutions.

b) Distinguish between a mission and a mission statement

Question 3

Strategic decisions makers in firms consist of Board of Directors, Corporate Managers, Business Managers and Functional Managers. Design a responsibility matrix and demonstrate which of the managers of above will be responsible for creating vision statement, mission statement, strategic goals, corporate philosophy, long-term objectives, targets, short-term objectives, and annual objectives

My company is Dalex Finance and leasing company