The table below summarizes the key onsider the mission and vision statements

for PepsiCo, and then, answer the questions

included below:

PepsiCo's Mission Statement $$

As one of the largest food and beverage

companies in the world, our mission is

to provide consumers around the world

with delicious, affordable, convenient and

complementary foods and beverages from

wholesome breakfasts to healthy and fun

daytime snacks and beverages to evening

treats. We are committed to investing in our

people, our company, and the communi$-$

ties where we operate to help position the

company for long$-$term, sustainable growth.

PepsiCo's Vision Statement

At PepsiCo, we aim to deliver top$-$tier

financial performance over the long term

by integrating sustainability into our busi$-$

ness strategy, leaving a positive imprint on

society and the environment. We call this

Performance with Purpose. It starts with

what we make$-$a wide range of foods and

beverages from the indulgent to the more

nutritious; extends to how we make our prod$-$

ucts$-$conserving precious natural resources

and fostering environmental responsibility

in and beyond our operations; and considers

those who make them$-$striving to support

communities where we work and the careers

of generations of talented PepsiCo employees.

characteristics of ideal mission and vision

statements as discussed in Chapter $3.$ Use the

$\frac{Y}{N}$ columns in the table to indicate whether

each of the features is present or not in the

mission and vision statements of PepsiCo.

How do the mission and vision statements

relate to the eight characteristics of an

ideal mission statement and the eight

characteristics of an ideal vision statement?

What are the gaps?

How useful are the mission and vision

statements of PepsiCo in terms of linking

organizational priorities with individual

and team performance? In creating such a

link, which ideal mission$/$vision statement

characteristics $($shown in the table earlier$)$

seem to be more important than others?

What other places might the HR department

at PepsiCo look for information regarding

how to more effectively cascade firm$-$level

strategy to each individual's objectives?