Importance of Mission and Vision Statements

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Explain the principle value of two vision statements. **Explain the principle value of two mission statements. **Compare and contrast vision statements of each organization in terms of composition and importance. **Compare and contrast mission statements of each organization in terms of compos​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​ition and importance. **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? **Explain why a mission statement should not include monetary amounts, numbers, percentages, ratios, goals, or objectives

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Strategy Formulation and Processes

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You have just been hired by (your selected company) as its new vice president of strategic planning. The corporation’s performance in recent years as well as the changes with business and economic conditions will be a central focus of your new job. Given the size of the corporation and the fact that it is in a highly competitive industry, the chief executive officer (CEO) to whom you report has already given you permission to hire a staff of recent Master of Business Administration (MBA) graduates to assist you in your efforts. You recently completed the interviewing and hired four people with minimal real business experience. In coming months, you and your team will be creating a completely new—and, presumably, more effective—strategic plan. You plan to begin by holding a kick-off meeting with your team. Deliverable Length: 1,000–1,250 words To feel confident that all of the employees in your strategic planning team understand all that you have taught them, you require each to prepare a streamlined version of the key elements of a strategic plan. Prepare the following sections of a strategic plan for the corporation’s next 3-5 year​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​s: • Mission and Vision Statements (Simply copying from an existing real company is unacceptable.) o For the first section, the mission and vision statement can be taken from a company in that industry. The statement can be included, explained, and personal ideas are to be shared. For example, do you like the statement? Was there anything surprising about it? • Specific, Measurable, Achievable, Realistic, and Time-Bound (SMART) Goals and Objectives • Industry Analysis o For the industry analysis, you can do this in paragraph format (will help you achieve the minimum word count). • Strengths, Weaknesses, Opportunities, Threats, and Trends (SWOTT) Analysis o For the SWOTT analysis, you can do this in paragraph format (will help you achieve the minimum word count). • A Perceptual Map o Choose any criteria that you think are important to plot. o Explain why you picked the criteria. o ?

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Research and development on autonomous navigation

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Research and development on autonomous navigation and path planning using ANFIS or any AI technique and using sensor fusion of LiDAR and Camera for a car-like mobile robot.

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Infocomercial Review

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Choose an infomercial (does not matter what infomercial) and describe the following:

  1. What is the name of the product being marketed on the infomercial.
  2. Was the infomercial immediately eye-catching?
  3. What made you watch the entire presentation?
  4. Would you end up purchasing this product because of what the infomercial had to say about it?

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