Select a web product you would like to build on through out

Select a web product you would like to build on through out the course. Part 1: Product description (Title/Purpose) and mission statement (one paragraph). Part 2: Create your own \'Hypotheses Table\' (lesson 1) Part 3: Develop at least 2 Personas and create your own \"Empathy Map (lesson 1) Part 4: SWOT Analysis potential competition. (lesson2)

Solution

Answer :

1.The sole purpose of a mission statement is to serve as your company\'s goal/agenda. It outlines clearly what the goal of the company is. some generic examples of mission statements would be.

2.\"To provide the best service possible within the banking sector for our customers\" or \"To provide the best experience for all of our customers.

3.\" The reason why businessses make use of mission statements is to make it clear what they look to achieve as an organisation not only to themselves and their employees but to the customers and other people who are a part o fthe business. such as shareholders.

4.As a company evolves, so will their mission, this is to make sure that the company remains on track and to ensure taht the mission statement does not lose its touch and become boring or state.

5.Today knowledge is considered the most strategically important resource and learning the most strategically important capability for business organizations. However, many initiatives being under taken to develop and exploit organizational knowledge are not explicitly linked to or framed by the organization\'s business strategy.

6. In face most knowledge management initiatives are viewed primarily as information systems projects. while many managers intuitively believe the strategic advantage can come from knowling more than competitors, they are unable to explicitly articulate the link between knowledge an strategy.

7.This article provide a framework for making that link an for assessing an organization\'s competitive position regardingf its intellectul resources and capabilities. It recommends that organizations perform aknowledge based SWOT analysis, comparing their knowledge to that of their competitors and to the knowledge to execute their own strategy.

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