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Describe the relationships between a mission statement

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Describe the relationships between a mission statement ,and a well-known finance professional as it relates to the philosophy of quality and image, core competencies, competitive advantage, target customer, and responsibility.

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The expert describes the relationships between a mission statement, and a well-known finance professional as it relates to the philosophy of quality and image, core competencies, competitive advantage, target customer, and responsibility. The response addresses the query, which is posted in 678 word with APA References.

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The response addresses the query, which is posted in 678 word with APA References.

//Mission statement of a business enterprise consists of all the objectives of the company for which it is established. In this context, the following section covers all the aspects of the mission statements and defines the relationship between a mission statement and a well-known financial professional.//

The mission statement is also referred as personal purpose statement, which should be easy to understand. A mission statement is interconnected to a well-known finance professional (Ahlstrom & Bruton, 2009). This is because a mission statement contains all the attributes such as quality and image, core competencies, competitive advantage, target customer, and responsibility that should be abided by the finance professional.

The mission statement should be short and specific and should describe the working of the business and differentiate it from other businesses. It also defines the current status of the organization and leads it to the future (Gopinath & Siciliano, 2013). A mission statement is based on different core competencies, and it should also focus on some specific traits such as quality, customer service, and target customer. The ...

Solution provided by:
Ashish Sharma, MBA (IP)
Education
  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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