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Question 1. Asked on :16 August 2020:02:16:46 PM

 What is the use vision and miossion statement ? 

-Added by Jyoti Srivastva Business Study » Business Environment


Jyoti Srivastva

 Vision and mission statement provides various uses to the organization:


(i) Helps in defining preformance standards.

(ii) Guides the employees in decision making.

(iii) Guides the management while planing on strategic issues.

(iv) Inspires the employees to work more productively.

(v) helps establishing a framework for ethical behaviour.

 Externally : 

(i) Helps in better communication with customers, suppliers and alliance partners and also create closer linkage.

(ii) Proides external support.

(iii) Serves as a public relations tool.

-Answered by Jyoti Srivastva On 17 August 2020:12:13:00 PM(19979Average Rating Based on rating)


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