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  • Project Analysis Approach and Project Development Life Cycle Methodologies Process

     

    Essays4 Management

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ID number:170963
 
Evaluation:
Published: 30.08.2006.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

The Corporate Mission and Vision
The first component of the strategic management process is crafting the organization's mission statement which is a description or declaration of why a company is in operation, which provides the framework or context within which strategies are formulated. A mission statement typically has three main components: a statement of the company or organization which normally referred to as the mission or vision of the company. (Hill/Jones, Page 10)
The mission or vision is a formal declaration of what the company is trying to achieve over the medium to long te…

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