Develop A Business Mission Statement Business Assignment Solution

Develop A Business Mission Statement Business Assignment

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Develop A Business Mission Statement Business Assignment

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Develop a business mission statement.

Overview
Assignment
Part One: Introduction
Part Two: Resources
Part Three: Prompts and Guiding Questions

Why do we, as a company, exist? In other words, what is our company’s core purpose; what is our company’s business? Where is our company going—today, tomorrow, or even 10 years from now?

What is our market focus? Specifically:

Who does our company serve?

What value do we provide?

Why do consumers want to do business with our company?

3.What does our company want to be remembered for?

A mission statement should focus on the market or markets the organization is attempting to serve rather than on the good or service offered (Lamb, Hair, & McDaniel, 2013, p. 22).

Avoid marketing myopia and its opposite.

Avoid ambiguous language.

Part Four: Artifact and Reflection

This week’s strategic marketing document explores the first element of a marketing plan: the business mission statement. Your Marketing Planning Document will be broken down into four sections.

Note: Marketing Planning Documents should be a collaborative effort and developed as a team. In other words, work on each part together as a group. Do not assign sections to various individuals and then attempt to mash them together into a final document).

You will introduce this week’s topic by describing the marketing planning process as a whole. (What is it? What purpose does it serve? What components/elements make up a marketing plan, etc.?) You will conclude your introduction by introducing the mission statement and discussing its purpose within the marketing planning process.

Review what you learned in Lesson 2 about the marketing planning process, including the online course content as well as the Developing Successful Organizational and Marketing Strategies chapter in your textbook. You may also want to review Lesson 1 for ideas to enhance your content (i.e., what is your company’s marketing management philosophy/ philosophies?). Note: Be sure to incorporate insights you gained from the Practice Marketing tutorial. You are also encouraged to conduct independent research to enrich your own learning. Please remember to cite your work properly.

When developing your mission statement, keep these key characteristics in mind: A mission statement is a short statement that is memorable, inspiring, and market focused. In order to achieve this, answer the following questions:

Remember:

Based upon the work you conducted in Part Three, develop a business mission statement for your company. As part of your Marketing Planning Document’s conclusion, provide insights you gained from this assignment that you had not initially gleaned from the course material or textbook reading.

Develop A Business Mission Statement Business Assignment

RUBRIC
Excellent Quality 95-100%	Introduction 45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.		Literature Support 91-84  points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.			Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score 50-85%	40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.		83-76  points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.			52-49  points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality 0-45%	37-1 points The background and/or significance are missing. No search history information is provided.		75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.			48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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