2024 – Please work on the following tasks 1 What is the mission statement Why

3 Journal 1 (Concept And Case Study 1 – 2024

Please work on the following tasks.

(1) What is the mission statement? Why is  it important?

(2) Read Ch 2 and this File ( IMG_0001.pdfPreview the documentView in a new window), first.   Compare Dollar General and Family Dollar’s mission statements in terms of (a) the nine mission statement components (IMG_0004.pdfPreview the documentView in a new window) and (b) the nine characteristics of a mission statement on your textbook (IMG_0003.pdfPreview the documentView in a new window).  What are differences?  How such differences will/may affect/differentiate strategic formulations of both companies?  Think also about fundamental nature of “dollar store” in the USA to correctly understand their mission statements.

Remember to write sufficient amount! 

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