To make a strategy for your company, all department heads and employees shall be aware of the
Question:
To make a strategy for your company, all department heads and employees shall be aware of the company's Vision and Mission.
Understand the key aspects of Vision and Mission Statements.
(a) Review your company's existing Vision and Mission statements (looking at their website).
(b) Provide your critiques on the existing Vision and Mission statements.
(c) Edit or Modify the Vision and Mission statements based on your outlook for the company
Understand Purpose and Nature of External Audit- Refer to Process for Performing External Audit. Refer to Ten Forces That Affect Organizations.
(a) Draw Porter's Five Forces Model for your company
(b) Read the External Factor Evaluation Matrix, to make EFE Matrix for your company. Make sure that you are putting weight and Ratings in an excel sheet and putting an active sheet in the slide (not the picture)
(c) Learn the Competitive Profile Matrix and make CPM for your company per instructions in (b).
Provide your reasoning for your weight and ratings and why?
Company Name- Virgin Group of Companies
Cost Management Accounting and Control
ISBN: 978-0324559675
6th Edition
Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan