Prior to completing this assignment, review Chapter 2, section 2.1 in your Constellation textbook and read the article Answer 4 Questions to Get a Great Mission Statement(Links to an external site.)...

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Prior to completing this assignment, review Chapter 2, section 2.1 in your Constellation textbook and read the article
Answer 4 Questions to Get a Great Mission Statement(Links to an external site.)
(Hull, 2013), being sure to review this
Fortune 500 Mission Statements(Links to an external site.)
Now, turning to the company you selected, research and find the company’s mission statement. Then,



  • State how the mission statement provides guidance for the company’s organizational activities.

  • Evaluate the company’s mission statement per each of the four questions posed in the Hull article as well as your assigned readings for the week.

  • Rate the company according to the 5 star rating system used in the Fortune 500 list, stating how many stars would you rate the mission statement. Explain your rationale.

  • Rewrite the mission statement so that it better addresses the four questions and forms a complete mission statement.


Carefully review the
Grading Rubric(Links to an external site.)
for the criteria that will be used to evaluate your assignment.

Answered Same DayMay 15, 2021

Answer To: Prior to completing this assignment, review Chapter 2, section 2.1 in your Constellation textbook...

Sudipta answered on May 16 2021
143 Votes
2
1. Impact of mission statement on organizational activity
Mission statement is basically a statement whi
ch reveals the reason behind organization’s existence (Babnik et al. 2014). The mission statement sometimes considered as objective or goal of a Company. If every organization follow the principles that has been stated in the mission statement, they have made then the company’s operation will be transformed into such a way so that the company will not focus to anything other than achieving the mission. Hence, a mission statement always works as a guidance for a company’s internal activities.
2. Evaluation of Yum! Brands, Inc.’s mission statement according to Hull article
Characteristics of a mission statement according to Hull
· A mission statement should not be same as vision statement
· A mission stamen must be concise, clear and convey business strategy of the company
The article by Hull (2013), stated that a company’s mission statement must be in a condition to answer four questions those are:
· What do we do?
· How do we do it?
· Whom do we do it...
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