Business definition
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What are the basic pieces of information that you would need to include in defining your business to another person who is not in your company, organization, or group? Why is it important to define this as you begin to develop a new strategy? Why should a vision statement be motivational? How do the mission, vision, and values contribute to the organization's ability to reach its desired end state?
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How to define your business with mission, vision and value statements
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The basic pieces of information that are needed when defining a business are the purpose of the business (whether it is to sell a product or to provide a service or to reach some kind of goal) and the strategy of how the business is planning to achieve its purpose (for products, this would be a distribution strategy, for goals, there would be an action plan).
It is important to define the basic pieces of information in order to put together an effective ...
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