What is the difference between mission and vision statements What factors must be considered to produce an appropriate mission and vision statement for an organization

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What is the difference between mission and vision statements What factors must be considered to produce an appropriate mission and vision statement for an organization? ANSWER:

The Mission statement is a statement that describes the mission of the company. Mission statements are created by executives and management. It describes the business and its purpose of existence and the role it will play in society. The Vision statement is a list of future visions that management has for the company, to coincide with the mission statement. Vision statement illustrate what a business wants to be and what position it expects to arrive at in future. Vision are a source of insight and optimistic view of the future. Businesses make an outline that list goals that a company must...

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