The State of Texas

"A good mission statement portrays an organization's unique and lasting reason for being, and energizes stakeholders to follow common goals. It likewise enables a focused allocation of

According to Nicole Fallon of the Business News Daily, a SWOT analysis is an analytical framework that can help any company face its greatest challenges and find its most promising new markets, by identifying the organization’s strengths, weaknesses, opportunities and threats (2017). It allows for an extensive evaluation of the company’s internal and external resources as well as current and future threats that the company may face. This process can be a great asset in determining and exploring new initiatives, as it helps to identify areas of improvement within the organization while helping with the facilitation and implementation of new business policies. This process is crucial in refreshing the strategies and tactics of any

For this assignment, the writer commences by exploring “Resource Dependency Theory” as the understanding of this hypothesis is vital. Next, an overview will be undertaken in terms of the selected organisation -that is, Wal-Mart Stores, Inc. After, the paper will present a brief description of the relationship between Walmart and its suppliers. It then goes on to highlight the managerial bridging strategies that the company uses in dealing with the organisations it depends on for resources. These strategies are: negotiation, contracts, interlocking directorates, joint ventures, strategic alliances, and mergers and acquisitions.

Ideally, a good mission statement also provides information regarding the organization’s overall management philosophy, its business model, its technical and social competencies, and its values and beliefs (Aguinis, 2009; Azaddin, 2011; Bart & Hupfer, 2004; Covin, Slevin, & Schultz, 1994). Moreover, to make mission statements of large companies more individually relevant, Azaddin (2011) advocates flexible “guiding statements” that account for the “context, culture, structure, and needs of an organization” (p. 31). Thus, a mission statement must be meaningful and applicable to all stakeholders for strategic decision-making to be effective.

Be sure to include a good Mission Statement that meets the criteria of our author. This is a standalone paragraph that clearly indicates the business in which your company finds itself, and addresses the MARKET that you are addressing. A Mission Statement is market focused and not product-focused.

Texas is the second most populous state as well as the second largest state in the United States of America (Brown, Langenegger, Garcia, Lewis, & Biles, 2014). With a huge number of people currently calling Texas their home, it would make sense to draw the conclusion that the Texas government must make this state a great place to live by serving its citizens to the best of its abilities. However, it is best not to make assumptions and in order to ascertain whether the local government actually fulfills this role we must look at multiple aspects of the government.

The two states of Texas and California have vastly different methods of taxation and they also differ in how they spend these taxes collected. In the past, many people packed up and moved out west to California because they saw it as the land of opportunity, but recently, this trend has changed as many individuals and businesses have been moving from California down to Texas. This is a relevant point to discuss because this movement has much to do with how California and Texas both tax their citizens. Texas prefers a regressive tax system, which taxes citizens by letting the taxes fall as the tax base increases, California implements the opposite method through more progressive taxes. While citizens may prefer Texas’s system of limited taxation, this also severely effects what services the government is able to provide to its citizens, which is why I would argue for slightly higher taxes so that Texas can obtain more benefits in the long run.

The state of Texas may have experienced a great deal of short comings in the pass, but Texas continues to flourish. Over the years many true leaders have without a doubt change Texas Government in different ways. One of the most important people to impact Texas government was known for her big heart and humorist personality. A real die heart Texan with devotion and goals to build a new Texas. For instance, establishing opportunities for women and minorities, reformations and increasing school funding are just a few things to shift Texas Government. Former governor Ann Richards is one of the most important women to impact Texas Government.

The SWOT analysis is a great way for companies or organizations to determine their brand and product’s strengths, weaknesses, opportunities, and threats. In order to more effectively determine these areas, separation of internal and external issues within the company or association is crucial.

Edmond, which is one of the larger cities in the state of Oklahoma, had an approximate population of 88,605 in 2014 according to US department of commerce. A windshield survey was conducted by a group of UCO Nursing students in Edmond around the boundaries of Coltrane, Danforth, 15th street, Santa Fe and 2nd street. The survey was to collect information and observations on various social determinant subjects within the confines of the geographical area. The areas of interest included commercial, functional, education, medical, leisure, faith-based facilities, infrastructure, physical barriers and housing.

Like any business, Wal-Mart has to continually assess their strengths, weaknesses, opportunities, and threats in order to continue to be competitive. Awareness by the executives to what is happening locally and globally will further the expansion of Wal-Mart.

In order to create our mission statement we would first look into existing statement's of competitor's but also realizing we need to expand it a little bit to include our global vision. We would tell them who we are, what we do, what we stand for and why we do it. We would let all members of our organization help with the statement. So we can make sure we all really believe it and it's not a lie (King, 1998).

Every business has its strength, weakness, opportunities and threats. These days most of the businesses do SWOT analysis for improvement. I work at a leading pharmacy in Newark, so I decided to do a SWOT analysis on it. This pharmacy started business in 2012. I chose this business because it is the ideal business to do the SWOT analysis on, as it has its advantages and disadvantages. The SWOT analysis allowed me to find all the flaws as well as advantages of the pharmacy as well as ways to improve and to protect it from threats. If a business has many weaknesses, the SWOT analysis can help the workers and owners of the business become aware of it and can allow them to improve the business. So no harm or disadvantages come from doing the SWOT analysis.

SWOT analysis is a useful tool for understanding and decision-making for all sorts of situations in business and organization. SWOT analysis can be classified into internal and external factors affecting a company. The Strengths and Weaknesses of the SWOT analysis represent the internal factors that influence the viability of the company. While the Opportunities and Threats, on the other hand, are the external factors that may affect the company's performances. A SWOT analysis provides more understanding of the organization in relation to its internal and external environment so that manager can formulate better strategy in pursuit of its mission.

The Company's Mission Statement provides a clear framework of their strategic intent and how they do conduct their business: