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Mission Statements: The Home Depot And The Nike Company

1075 Words5 Pages

Some people would agree that mission statements can influence a company and its employees. Well-known companies that have mission statements are Facebook, PayPal, Geico, and government agencies. Some employees may even say that mission statements can bring workers together because they know what their purpose for their customers are. It is important to incorporate the overall value of what it is to provide great customer service. Having excellent customer service is a necessity that will bring customers running back for more. More businesses are recognized for providing service to their customers.
Developing a mission statement is just as important as excellent customer service. Some people may say that there is no customer service without …show more content…

“It is widely believed that mission and vision statements impact on strategy and most aspects of organizational performance.” Alessio, A. (2016, October 30) Some firms have mission and vision statements as a result are very successful. Studies suggest that mission and vision statements have a positive impact on profitability and can increase shareholder equity. Alessio, A. (2016, October 30)
Mission and vision statements can be the back bone of any company. Mission statements mirror their service as well as the product they are presenting daily for their customers.
The Home Depot and the Nike corporation are some of the businesses that are prime examples of what providing a mission statement for its’ own business, employees and customers. According to, The Home Is Where Our Story Begins:
Home Depot was founded in 1978. It has more than two thousand two hundred retail stores in the United States and in other US territories. There are two other locations in Canada and Mexico. This company is the world's largest home improvement specialty retailer with fiscal 2016 retail sales of $94.6 billion and earnings of $8.0 billion. The Home Depot's stock is traded on the New York Stock Exchange. The Home Depot’s mission statement,” Is in the home improvement business and our goal is to provide the highest level of service, the broadest selection of products and the most competitive …show more content…

American sportswear company headquartered in Beaverton, Oregon. It was founded in 1964 as Blue Ribbon Sports by Bill Bowerman, a track-and-field coach at the University of Oregon, and his former student Phil Knight. Nike opened their first retail outlet in 1966 and launched the Nike brand shoe in 1972. In the early 21st century Nike began selling sports-technology accessories, including portable heart-rate monitors and high-altitude wrist compasses. Part of Nike’s success is owed to endorsements by such athletes as Michael Jordan, Mia Hamm, Roger Federer, and Tiger Woods.
In the United States Air force each individual had to know the mission like the back of each troops’s hands when attending boot camp. Throughout boot camp the mission was recited each time the boot camp training leader lead exercises in the dorms and on the running track every day, afternoon, and night. While attending booth camp the training leaders were never allowed to physically harm the training individuals. The United States Air Force takes service to the United States of America very professionally and very

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