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Business

Date Posted: 26/01/2020
Category: Business
Due Date: 26/01/2020
Instruction
1. IN YOUR OWN WORDS Discuss (in your opinion) what exactly is a vision statement. Discuss the pros and cons of the value of a vision and how it impacts or even detracts from strategic operations in a large organization. Discuss the validity of a vision statement or are they mostly lofty ideals promoted by (mostly) founders of companies. Finally, discuss the pros and cons of whether vision statements conflict with cultural norms when conducting business in other countries. All of the above questions must be addressed, and do not plagiarize from the Internet. 2. Strategic management involves ESTABLISHING, CREATING, AND DEVISING long-term organizational goals. Strategic management is the vanguard of organizational success by providing a template of long-term success goals. Long term goals include Baidu increasing its sales by marketing to small businesses. Long-term goals also include ensuring the public recognizes the company’s brand at lightning speed. Tencent’s brand is not only global but recognized by hundreds of millions of people. Research the type of business Baidu and Tencent offers the public. Determine the name of the founders of each of the companies, their net worth, and the location of each company’s corporate offices.
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