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Telenor Pest Analysis on Pakistan

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BBA-1
COURSE: 3
INTRODUCTION TO BUSINESS

TEACHER: MISS SAMEERA ASHRAF

ASSIGNMENT#4

SUBJECT:
WRITE MISSION STATEMENT OF FIVE ORGANIZATION AND ANALYSE ONLY TWO OF THEM

GROUP NAME: BLITHE

WHAT IS MISSION?

Mission describes an organization’s purpose (i.e. its basic function in society). Mission directs strategy, value and influences policies and standards of behaviour.

STATEMENT OF MISSION:

Purpose: Why does the company exist? a) To create wealth for shareholders b) To satisfy the needs of all stakeholders

1st ORGANIZATION

BANK ALFALAH LIMITED (IN PAKISTAN)

Bank Alfalah Limited is a private bank in Pakistan owned by Abu Dhabi Group.

MISSION STATEMENT:

“To develop & deliver the most innovative products, manage customer experience, deliver quality services that contributes to brand strength, establishes a competitive advantage and enhances profitability, thus providing value to the stakeholders of the bank”

2nd ORGANIZATION

L’OREAL (IN FRANCE)

The L’Oreal Group is the world's largest Cosmetics and Beauty Company in France

MISSION STATEMENT:

“At, L’Oreal we believe that everyone aspires to beauty. Our mission is to help men and women around the world realize that aspiration, and express their individual personalities to the full. This is what gives meaning and value to our business, and to the working lives of our employees.”

3rd ORGANIZATION

555 DESIGN FABRICATION MANAGEMENT (IN CHICAGO)

555 is a Design, Development and Manufacturing firm in Chicago producing commercial environments with special focus on retail design and fixture related products and the high end Hospitality Industry.

MISSION STATEMENT:

“It is the mission of 555 Design Fabrication Management to address client needs in an unmistakably bold manner. 555 have proven to be a dynamic face in the global design industry. By stressing innovation, functional design and the integration of specialized materials, 555 offer a unique language for expressing client tastes, styles and needs.”

4th ORGANIZATION

PEPSI COMPANY

PepsiCo is a company of carbonated and non-carbonated beverages, as well as salty, sweet and grain-based snacks, and other foods.

MISSION STATEMENT:

“Our mission is to be the world's premier consumer Products Company focused on convenient foods and beverages. We seek to produce financial rewards to investors as we provide opportunities for growth and enrichment to our employees, our business partners and the communities in which we operate. And in everything we do, we strive for honesty, fairness and integrity.”

5th ORGANIZATION

WATEEN TELECOM (IN PAKISTAN)

Wateen Telecom is a Pakistani Telecommunication Company based in Lahore, Pakistan.

MISSION STATEMENT:

“To provide affordable communication services that meets and exceeds customer’s requirements. To deliver high-quality, flexible and innovative solutions those are cost effective and conducive. To provide complete customer satisfaction on time, every time.”

ANALYSIS
1st ORGANIZATION

BANK ALFALAH LIMITED (IN PAKISTAN)

Bank Alfalah Limited is a private bank in Pakistan owned by Abu Dhabi Group.

MISSION STATEMENT:

“To develop & deliver the most innovative products, manage customer experience, deliver quality services that contributes to brand strength, establishes a competitive advantage and enhances profitability, thus providing value to the stakeholders of the bank”

Bank Alfalah Limited Mission Statement analysis:

Objective:
Their objective is to develop and deliver ▪ Most innovative products ▪ Quality services
Want to:

▪ Manage customer experience.

Which contribute in their:

▪ Brand strength ▪ Enhances Profitability.

Through which they:

• Establishes competitive advantage.

In this way they provide value to the stakeholders.

Strategy:
Their strategy is to develop innovative products and deliver high quality services to their customer through which they enhance profitability.

Strategic scope:
There is no strategic scope or limitations in their mission statement.

Policy and Standard of behaviors: • The mission has also stated the company policies because it discusses that it establishes a competitive advantage and enhances profitability, thus providing value to the stakeholders of the bank. • The mission has also stated the standard of behaviors because they mention they have to manage customer experience by which they deliver quality services to their customer

Analyze their mission statement in terms of: 1. Brevity 2. Flexibility 3. Distinctiveness

Brevity: • Yes it is showing brevity it’s written in easy words and simple to understand. • The statement is mostly clear, in the way that the company wishes to manage customer experience, deliver quality services that contributes to brand strength, establishes a competitive advantage and enhances profitability. Flexibility: • The statement is some what flexible and can accommodate any sort of changes in the future, as it has provided some descriptions like enhancing profit and deliver the most innovative products. Distinctiveness: • The statement tends to deliver quality services that contributes to brand strength and makes it unique a bit

2nd ORGANIZATION

L’OREAL (IN FRANCE)

The L’Oreal Group is the world's largest Cosmetics and Beauty Company in France

MISSION STATEMENT:

“At, L’Oreal we believe that everyone aspires to beauty. Our mission is to help men and women around the world realize that aspiration, and express their individual personalities to the full. This is what gives meaning and value to our business, and to the working lives of our employees.”

L’Oreal mission statement analysis:

Objective:

Their objective is to • Develop cosmetic products for men and women all around the world. • Make good reputation. • Express individual personalities to the full. • Increase the business

Strategy:
Their strategy is to help men and women in expressing their individual personalities to the full extent.

Strategic scope:
There is no strategic scope or limitations in their mission statement.

Policy and Standard of behaviors: • The mission has also stated the company policies because it discusses that they give a meaning and value to their business and employees, giving value to their employees shows their standard of behavior.
Analyze their mission statement in terms of: 1. Brevity 2. Flexibility 3. Distinctiveness

Brevity: • Yes it is showing brevity it’s written in easy words and simple to understand. • The statement is mostly clear, in the way that the company wishes to manage customer experience, deliver quality services that contributes to brand strength, establishes a competitive advantage and enhances profitability. Flexibility: • The statement is some what flexible and can accommodate any sort of changes in the future, as it has provided some descriptions like enhancing profit and deliver the most innovative products. Distinctiveness: • The statement tends to deliver quality services that contributes to brand strength and makes it unique a bit.…...

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