Influences on Business Mission and Objectives

Influences on Business Mission and Objectives

Assessment

Interactive Video

Business

University

Hard

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The video tutorial explores the differences between mission, objectives, strategy, and tactics in a business context. It emphasizes the importance of setting clear objectives as stepping stones to achieve the overall mission. The tutorial uses a chess analogy to explain these concepts and provides a case study of Microsoft to illustrate how missions and strategies evolve over time. The video concludes by highlighting the need for businesses to adapt their objectives and strategies in response to changing circumstances.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do tactics play in relation to strategy within a business?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did Microsoft adapt its objectives and mission over time?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the importance of adaptability in business objectives and mission.

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