Mac Crompton Greaves

crompton greaves limitedWipo Limited |

MANAGERIAL ACCOUNTING |

ASSIGNMENT 03 |

|

SUBMITTED BY

PRIYAL CHOWKHANI

R1301038

PGDM 2013-15

1. Vision/Mission statement of the Company’s Promoters and their management philosophy.

Vision Statement

Vision statements help to describe the organization's purpose. Vision statements also include the organization values. Vision statements give direction for employee behavior and helps provide inspiration. Strategic plans may require a marketing strategy, which could include the vision statement to also help inspire consumers to work with the organization.

Vision of Crompton Greaves Limited-

To become a Leading Appliances brand  by offering technically superior products & services and qualitative after sale service thus enhancing the quality of life of every consumer, through an engaged team.

 Mission Statement

Leaders should emphasize the current mission statement to employees, which clarifies the purpose and primary, measurable objectives of the organization. A mission statement is meant for employees and leaders of the organization. Strategic plans may involve changing the mission statement to reflect a new direction of the organization. Highlighting the benefits of the change and minimizing the deficits will help employees and the public buy into the change.

Mission of Crompton Greaves Limited

 Crompton Greaves’ corporate mission is to create value by providing integrated solutions and superior knowledge-based products...