Homework I: Business Policy and Strategy (3 pages)
We have discussed the importance of mission and vision statements. As a part of that discussion, we analyzed mission and vision statements for their effectiveness. For the Unit II Essay, you will expand on this topic. Using your favorite search engine, research the mission and vision statements of different fortune 500 companies. Then, you will write an essay in which you compare and contrast the mission statements of two companies and the vision statements of two companies. You may use the same companies for both the mission and vision comparisons or separate companies. Within your essay, include the information below.
i. Explain the principle value of two vision statements.
ii. Explain the principle value of two mission statements.
iii. Compare and contrast vision statements of each organization in terms of composition and importance.
iv. Compare and contrast mission statements of each organization in terms of composition and importance.
v. Do you think organizations that have comprehensive mission statements tend to be high performers? How do mission and vision statements assist in selecting an industry-specific strategy?
vi. Explain why a mission statement should not include monetary amounts, numbers, percentages, ratios, goals, or objectives.
Homework II: Project Management Overview
Conduct research using the CSU Online Library and find at least two articles on prioritizing projects. Compare and contrast the two articles you found and create a three- to four-page Word document (synopsis) in APA format on what you found different about each article.
Other items that need to be addressed in your paper include the urgency of each project, the cost of delaying the expected benefits from various projects, and practical details concerning the timing.
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.