MANAGEMENT

Detailed explanation-1: -TED is a global community, welcoming people from every discipline and culture who seek a deeper understanding of the world. We believe passionately in the power of ideas to change attitudes, lives and, ultimately, the world.

Detailed explanation-2: -What are mission and vision statements? A mission statement defines the organization’s business, its objectives, and how it will reach these objectives. A vision statement details where the organization aspires to go. Why does your company exist?

Detailed explanation-3: -Mission statement: We strive to offer our customers the lowest possible prices, the best available selection, and the utmost convenience. Vision statement: To be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online.

Detailed explanation-4: -Mission and vision statements play three critical roles: (1) communicate the purpose of the organization to stakeholders, (2) inform strategy development, and (3) develop the measurable goals and objectives by which to gauge the success of the organization’s strategy.

Detailed explanation-5: -What is the difference between a mission and a vision? A company’s mission defines its business goals and the values it will embrace to achieve them. By contrast, a vision is a more abstract idea of how the organization intends to impact society. Rather than setting specific goals, it’s something to strive for.