ILE282: ENGINEERING MANAGEMENT (2nd Assignment) 2.4 Question Anwers

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2.4 Mission and value statements are indicative of the directions to which a company is headed. What are typically included in the statements of Mission and Value of some well‐known companies in the U.S.? Please advise.

 

The mission and value statements include: who they are, why the company exists, whom they are serving, and how they operate to effectively carryout the mission. it should be as follows: 

  • Say why the company really exists
  • It should be short and sweet
  • Consider long term and short term
  • Test it and revise it often

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