Question

A1.6

Charters, mission/ vision statements, memorandum of agreements, constitutions, role and responsibility statements are all examples of documents that record in writing a team’s purpose and role. Collect an example of three of these documents. Comment on each of them as to how effective they are.

Answer 1

Mission vision statements are very affective in luring investors and stakeholders by educating them the core objective of the business. Mission documents are also very useful during the mergers and acquisitions due diligence process to ensure both companies have common objectives and mutual benefit.

Memorandum of agreements establishes the ground rule under the relationship of two companies working on a single project. It defines the authority which is very crucial for conflict resolution.

A constitution is very effective internal documents of the company that specifies the relationship of the company with its shareholders and directors.

Cottonn group : ()

Our vision is to be one of the most loved brands in the world. As a Group we believe in big ideas matched with a fierce will to bring them to life. We share a genuine belief in ourselves, each other and our ability to get things done. When we put our minds to something there’s no stopping us. Today is full of opportunities and new ideas.Tomorrow, anything is possible. In my opinion this store show a good vision of a team, they shows in its value how is important to take the best of each member of this group.

Coke group: (-values)

Our vision serves as the framework for our Roadmap and guides every aspect of our business by describing what we need to accomplish in order to continue achieving sustainable, quality growth.

People: Be a great place to work where people are inspired to be the best they can be.This company shows another good example of trying to get the best of its employees.

Arnott’s group: ()

“The Arnott’s Foundation believes Australia’s future is in our families. Working together, we aim to create positive environments that allow families to build, maintain and enjoy a better quality of life”

This company shows how they work as team to create positive things and achivements