Corporate Governance Strategic Management

Solution Preview

For Instructional Purpose

Let us find the meaning of corporate governance before we proceed.

Corporate governance is the foundational guidelines and methods employed to establish integrity, accuracy, and accountability in an organization's relationship with its internal and external customers. Each organization's corporate governance aligns with its mission and values.

Verizon Wireless (VZW) - Background Information

Established in 2000, Verizon Wireless is an American based wireless communication organization that provides reliable voice and data connectivity for individuals and businesses in the U.S. Providing voice and data services for over 308 million subscribers, VZW generated total operating revenue of 100+ billion in 2014. VZW currently have a diversified workforce of 176,320 employees.

VZW's Mission and Values

It is critical to understand an organization's mission because it represents its intent for being in existence and helps to guide the organization in making prudent decisions in its business operations (Media & Kokemuller, 2015, p. 1). VZW's mission is to enable individuals and businesses to engage in communicating with each other by offering top-notch customer service to its consumers. VZW is dedicated to supplying full and open communication to its customers, employees and investors (Verizon Wireless, ...