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Mission Statement of Top 5 Companies of The World

The document lists the mission statements of top 5 companies worldwide such as Mark and IBM, and also provides the mission statements of IIPE and Kharagpur. It discusses that mission statements help develop strategies to achieve balanced goals, and strategic planning requires both qualitative and quantitative assessments. The document also outlines some basic differences between shareholders' equity and loan funds in terms of claims, tax treatment, lifespan, and level of control over the company.

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0% found this document useful (0 votes)
27 views2 pages

Mission Statement of Top 5 Companies of The World

The document lists the mission statements of top 5 companies worldwide such as Mark and IBM, and also provides the mission statements of IIPE and Kharagpur. It discusses that mission statements help develop strategies to achieve balanced goals, and strategic planning requires both qualitative and quantitative assessments. The document also outlines some basic differences between shareholders' equity and loan funds in terms of claims, tax treatment, lifespan, and level of control over the company.

Uploaded by

bharat
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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5th October, 2020

Mission statement of top 5 companies of the world

Examples:

1. Mark: one of the largest thermochemical company


Mission statement :to preserve and improve life
2. IBM:
Mission statement : to achieve value added leadership position
3. Mckinsey:
Mission statement :to help living corporations and governments to be more successful
4. Ranbaxy:
Mission statement : to be a research oriented international pharmaceutical company
5. HDFC:
Mission statement : to develop close relationships with individual households, maintain position
as the premier housing financial institution in the country, transform ideas into viable and
creative solutions

Assignment: by 6th October

Mission statement of IIPE

Mission statement of Kharagpur: dedicated to the service of the nation

Mission => strategy => capital margin

Mission help to develop a strategy

Objective of strategy planning: achieve a balanced goal structure

Responsibility: it is the internal body: (corporate lab body) and external body:(Consultant)

For Strategic planning: You have to have a very good qualitative assessment (subjective information)and
rigorous quantitative planning [Finance department, investment banker ,( NPV, IRR, payout) ]
Basic difference between shareholders fund (equity), loan funds(debt): (pg 654)

Equity Debt
Equity share holders have a residual claim on the Creditors (supplier of debt-bank) have a fixed
income and the wealth of the fund claim in the form of interest and principal
payment
Dividend pay to equity shareholders is not a tax Interest paid to creditors may be a tax deductible
deductible payment payment
Equity ordinarily has an indefinite life: Debt has a fix maturity
(equity is not for 1 year validity, we can sell it at
any time- like as long the company is in business
we can sell the share)
Equity investors enjoy the prerogative(power) to Debt investors play a passive role, they do not
control the affairs of the fund control the affairs of the company

Key factors in determining the debt, equity ratio:

To be continued on the next class…..

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