📚 Seth MB


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What Is A Startup?

Last updated Jul 4, 2023 Edit

Key Term: A start-up is a new business enterprise, formed by one or more entrepreneurs.


# Case Study: Olio

An app that deals with improving waste management in the modern world.


Involving restaurants, supermarkets, food distributors to reach net 0 waste

Key Term: A mission is a qualitative statement of the business aims.

Key Term: An aim is a long term plan from which objectives are derived.

Key Term: An objective is a target which must be achieved in order to realise the stated aim. A time assigned target is derived from the goals and set in advanced of strategy.

The mission statement is the overriding goal of the business. The reason for the business’s existence. A strategic perspective or a vision for the future. Excites, inspires, motivates and guides.

Continued in Business Objectives

# Mission Statements Homework

1: Netflix

We promise our customers stellar service, our suppliers a valuable partner, our investors the prospects of sustained profitable growth, and our employees the allure of huge impact.

2: McDonald’s

Our mission is to make delicious feel-good moments easy for everyone.

3: Coca Cola

to refresh the world in mind, body, and spirit, to inspire moments of optimism and happiness through our brands and actions, and to create value and make a difference.

4: Google

to organize the world’s information and make it universally accessible and useful.

5: Amazon

We strive to offer our customers the lowest possible prices, the best available selection, and the utmost convenience.