Suppose you have been hired by a small group of partners who are in the process of starting a new business. The business will design, produce, and sell an innovative product to the biomedical industry. The partners have a great deal of experience designing products but very little knowledge about starting a business. Due to the sensitive nature of the new business, you feel that the partners need to develop a code of ethics and a mission and vision statement for the company. They do not agree. You need to write a white paper (a document providing information on a topic) to convince them that this is an important step in establishing a new business.
Based on the scenario above, develop a white paper on the importance of mission and vision statements and a code of ethics. Use the to develop your white paper with the following sections.
Purpose of Mission and Vision Statements.
Explain the purpose of mission and vision statements using real-world examples and supporting evidence.
Key Elements of Mission and Vision Statements.
Identify key elements within mission and vision statements and explain why the elements are important for a company.
Purpose of a Code of Ethics.
Explain the purpose of a code of ethics and why the code should be directed toward all stakeholders, including leadership, employees, and customers.
Key Elements of a Code of Ethics.
Identify key elements within a code of ethics and explain why the elements are important for a company.
Relationship Between a Company’s Mission and Vision Statements and Its Code of Ethics.
Explain the relationship between a company’s mission and vision statements and its code of ethics in terms of strategic management.
Role of Leadership in Promoting and Supporting the Mission, Vision, and Code of Ethics.
Explain the role of an organization’s leadership in promoting and supporting the mission, vision, and ethical principles of the organization, and discuss the consequences of a leader who fails to promote and support the mission, vision, and ethical principles of the company.
Your white paper should be 3–5 pages in length, well organized, and written in clear, succinct language. Follow current APA rules for attributing sources that support your analysis and conclusions.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more