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.pdf), first. Compare Dollar General and Family Dollar’s mission statements in terms of (a) the nine mission statement components (IMG_0004.pdf) and (b) the nine characteristics of a mission statement on your textbook (IMG_0003.pdf). 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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