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How would the Mission statement of a profit and non profit company diff er?
Wiki User
∙ 15y ago
The Mission Statements of profit companies should especially resonate with their shareholders and make it clear why the company will be - even more - profitable in the future. The mission statements of non-profit companies should generally resonate with many more stakeholders. Next to their direct financers, the mission statements of non-profit companies should especially resonate with the ideals of their workers and their clients. - Wim Jurg, Associate Professor Marketing at the Open University of the Netherlands and Director of the Constellation Company.
Wiki User
∙ 15y ago
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Where can one find information about Murphy USA?
There is a lot of information about Murphy USA. It would be best to check the main website, Murphy USA which has information about the company and its mission statement.
Stakeholders that would be interested in an audit report?
Shareholders of the company, the directors of the company, the accountant of the company and future investors or creditors
What are Disneyland Paris aims and objectives?
Walt Disney's goals and objectives is that he meant to create brands and to entertain children with Mickey Mouse, Donald Duck, Goofy, Pluto, and so on and so forth. He also made cartoons and movies with these characters in them. Disneyland also helped promote these characters.
What statement would be included on a biographical sketch of Janet Reno?
goverment
How can you use the word Calumnious in a sentence?
The false accusations in the speech were very calumnious to the reputation of the company. The company was worried they would lose customers.
What is the vision mission statement of timex company?
for the profit business the vision is to enhance the possible outcome with the relevant whereas the mission statement would be how to overcome the busniess issues in dealinfg with the profit or how to motivate to get the maximum profit
What is the mission statement of timex?
for the profit business the vision is to enhance the possible outcome with the relevant whereas the mission statement would be how to overcome the busniess issues in dealinfg with the profit or how to motivate to get the maximum profit
Would you continue to work for a company if you disagreed with the firm's mission statement why or why not?
Would you continue to work for a company if you disagreed with the firm's mission statement
What are the objectives mission and vision statement of timex?
for the profit business the vision is to enhance the possible outcome with the relevant whereas the mission statement would be how to overcome the busniess issues in dealinfg with the profit or how to motivate to get the maximum profit
What amount of net income would Kwon Company report on its 2012 income statement?
we dont understand your question. once if you make the statement then you will get net profit.
Disadvantages of a mission statement?
disadvatages of mission statement would if mission fail u have to kill yourself
Mission statement of hotel?
A mission statement of a hotel refers to the statement of the purpose of the existence of a given hotel. The mission statement of a hotel helps it guide it and spell its overall goal.
What is the purpose of mission statement?
The purpose of a mission statement is to set out what the main objectives of a company are. I guess the most straightforward one would be TO MAKE A PROFIT but some companies get a bit carried away and end up with an almost evangelical statement that really means little. If your mission is to become the supplier of first choice in your operating area based on best service at competitive prices with reliability that will be second to none, that's fine. Sometimes, companies expand the statement to briefly set out how they plan to achieve their mission so they might say they will do this by constantly reviewing customer satisfaction to ensure we are still hitting the spot or something like that. The key is to keep it simple, keep it real and make it a mission everyone in the company can understand, support and buy into. This has the key benefit of defining what the company is all about and helps build employee involvement and loyalty and enhances the standing of the company in the eyes of the customer.
Could you list twenty mission statement of any organization?
An organisation would typically have only one mission statement.
In general terms what does a set of financial statement describe?
Financial Statements could be of a individual or a company/business.Personal Financial statement would give all the personal financial information of the individual, for ex. his years income, sources of his income, his expenses, things he spent on, etc.A company's or business's financial statement would give you the complete idea of the company including the income of the company, the expenses, the amount of money spent on labor, gross profit of the company, net profit, etc.Financial Statements are something that are used by any company requires to check your credit, for ex. you going to buy a car/house, etc.
Would the electrical company be a nonprofit or profit corporation?
The electrical company is a profit corporation. Such a company will provide electrical services which may be difficult without a profit factor so it is almost impossible to have non-profit electrical company.
When asked to calculate the profit statement of a company would three different accountants all come up with the same answer?
If they all have access to the same data, yes. Profit statements are descriptions of pasttime periods. Profit projections, OTOH, speculations about the future, could easily vary widely.
