Development Of Lemonade Stand Research Papers Examples

Research Paper

Every organization works hard by applying 100% efforts for the attainment of economic prosperity and strengthen the strategic structure, so that they can enjoy the effectiveness for all of their future aspects and concerns. Before delivering the physical products and services to the customers, it is very important for the organization to make the initial things accordingly (Brott & Damazio, 2006). As per the scenario of this assignment, developing a creative name and mentioning of powerful Mission & vision statement can be extremely effective and significant for the long run effectiveness and efficiency of an organization.

“Refreshing Soul” is the creative name which has been selected for out Lemonade Stand, showing the entire idea of satisfying the needs of the customers in an organized and powerful manner. A name is very important for an organization while analyzing and considering regarding a brand for the company. The name which we have selected is very attractive and creative which sounds that the lemonade drink will refresh your soul, and a person has to try it for their refreshing day.

Mission Statement

A statement of purpose of a company or a person in which they clearly mention their reason for existing in an industry is known as a Mission Statement. In other words, a Mission statement is a statement in which the future aspect of a company should revealed (Brott & Damazio, 2006). It is very important for an organization to state their mission statement in their annual report, as it is among the most integral thing through which they can satisfy the needs of their shareholders. A mission statement is a statement of purpose through which an organization gives a clear idea or picture to their shareholders that how the company will satisfy the needs of their customers during their corporate movement (Bovee & Thill, 2014). On the other hand, a vision statement is a statement of purpose in which the stance of a company will be analyze in terms of leading for the next 10 to 20 years. The only difference found in the mission and vision statement of a company is the achievement in short and long term periods. The Mission Statement of “Refreshing Soul” is as follows

“We will refresh your soul through our refreshing drink to make our customers highly effective and satisfied”

The vision statement of Refreshing Soul is as follows
“To become the largest lemonade stand of the city that can fulfill the appetite of the individuals”
These mission and vision statements will certainly empower the company to launch effective and highly demandable products in the town to fulfill the appetite of the company with positive attitudes (Abraham, 2008).

Outlining the CSR Plan

The abbreviation of CSR is Corporate Social Responsibility and it is different for every other organization as well as industries. The CSR based outline for our Lemonade Stand is as follows

References

Abraham (2008). Successful Business Management. Pearson Group
Brott, R., & Damazio, F. (2006). Biblical principles for building a successful business. Portland, Or.: City Christian Pub.
Bovee, C., & Thill, J. (2014). Business in Action (7th ed.). Upper Saddle River, N.J.: Pearson Education.