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Uploaded by
LizMaster
Course
BUSN460
Pages
1.5
Subject
Business
Rating
100% 4

Question

How does a corporation determine what direction they will take in the marketplace? The first three elements of setting this direction are Mission Vision and Value Statements. What do these mean? How do they impact decision-making at a corporation?

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EYS***777 2019-09-27 10:32:24

Very informative and easy to understand.

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Solution Preview

A company’s mission, vision and values are that foundation. They guide decision making by building common beliefs and understanding among employees. When a strong mission, clear vision and detailed values are implemented, an organization will begin to eliminate personal preference, ensuring that critical decisions are ethically

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