Some of the frequently asked exam questions on corporate philosophy and objectives of a company are as follows: Q.1. Who formulates an enterprise’s objectives? Ans. All organisations have objectives, at least at one point in time. Enterprise objectives are the goals the enterprise seeks to accomplish through its operations. Once a manager realises the importance of achieving some results, he [...]
The upcoming discussion will update you about the difference between the mission and objectives of a company. Difference between the Mission and Objectives of a Company "A business is not defined by the company's name, statutes, or articles of incorporation. - It is defined by the want the customer satisfies when he buys a product or service. To satisfy the [...]
In this article we will discuss about:- 1. Elements of a Meaningful Mission Statement 2. Characteristics of a Mission Statement 3. Example. Elements of a Meaningful Mission Statement: The mission statement should be a long-run vision of what the organisation is trying to achieve—the unique aim that differentiates it from similar organisations. The need is not for a stated purpose [...]