STRATEGIC
MANAGEMENT (MGT603) | Fall, 2022 Assignment No. 1
Prepared
By: Imtiaz Hussain
Course: Strategic
Management
Virtual
University of Pakistan
Answer:
Mission statement of Quaid-e-Azam University
1.
Who are the
firm's customers
Answer: As per the given instruction in point 4
students are the customer of the university and university is serving them.
2.
What are the
firm's major products or services?
Answer: Quaid-e-Azam University is
Functioning as a research oriented institution.
3.
Where does the
firm compete?
Answer: As per mission statement point four firm
is serving in every corner of the country. Or we can say that firm is serving
all over the country.
4.
Is the firm
technologically current?
Answer: There is no clue
about technology in the mission statement. But statement shows logical
knowledge base firm.
5.
Is the firm
committed to growth and financial soundness?
Answer: As per mission
statement of the firm is fostering highest moral and practiced values. But the
mission statement is not committed with any growth of financial soundness.
6.
What are the
basic beliefs, values, aspirations, and ethical priorities of the firm?
Answer: There is no fix statement of values,
aspiration in the statement but the statements shows the highest moral and
practiced values and promise to meet the needs of the society.
7.
What is the
firm's distinctive competence or major competitive advantage?
Answer: The form
distinctive advantage is to teach the students with logical knowledge and meet
the needs of the society.
8.
Is the firm
responsive to social, community, and environmental concerns?
Answer: Yes the form is
responsive to society needs as the last point shows that it helps the society
by creating the harmony between people and society.
9.
Are employees a
valuable asset of the firm?
Answer: Mission statement encourage and ensuring the
supporting faculty and staff members to continue their professional in the
form.
Mission
Statement of Islamia University Bahawalpur
Answer of the
questions:
1.
Customers: Who
are the firm's customers?
Answer: No clues available in the statement about the
customer about the University but logically only students are the customer of
the university.
2.
Products or
services: What are the firm's major products or services?
Answer: As per mission
statement the research and academic program are the product and services of the
university.
3.
Markets: Geographically, where does the firm
compete?
Answer: No information
available about this question in the statement.
4.
Technology: Is the
firm technologically current?
Answer:
Not mention about any technology in the mission statement.
5.
Is the firm committed to growth and financial
soundness?
Answer: No value of growth and finance is given in
the mission statement.
6.
What are the
basic beliefs, values, aspirations, and ethical priorities of the firm?
Answer: Only
services and community engagement activities related information is given
in mission statement
7.
What is the firm's distinctive competence or
major competitive advantage?
Answer: Yes by conducting top quality academic
and research programs, services and community engagement activities.
8.
Is the firm
responsive to social, community, and environmental concerns?
Answer: Yes by
conducting academic and research program and environment conducive to teaching,
research
9.
Are employees a
valuable asset of the firm
Answer: Yes employees
are valuable assets of the firm because they conduct academic and research
program and activities and community engagement activities.
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