Business Model And Strategic Plan - 1786 Words

Business Model and Strategic Plan Part I: When it comes to a successful company or organization, having a mission, vision and valuable actions end up making an organizations strategic plan. Companies continue to have their corporates in their businesses use tactical strategies and make them into pursuable goals to be reached at the end. While researching for a business to write about I came across a very popular retail store by the name of Kohl’s and will be discussing different areas including the mission and vision statement of each different document that will end up being useful to the company when developing some sort of difference when being compared to other retail stores that will end up making them stand out at the end. Kohl’s†¦show more content†¦There are many areas that kohl’s focuses on and that is also including their consideration for the overall social responsibility of the company as having a general consideration for ethics and cultures. By seeking deeper and evaluation Kohlâ⠂¬â„¢s mission and their vision as well as their values will at the end bring a perspective to the company and their strategic direction at the end. Kohl’s Mission Statement: â€Å"Our mission is to be the leading family-focused, value-oriented specialty department store offering quality exclusive and national brand merchandise to the customer in an environment that is convenient, friendly and exciting† Kohl’s is a business that ends up providing a good amount of different products as well as services to communities that are based on low and middle class consumers which makes their products affordable and that is the reason why people keep going back. Kohl’s has basically everything you can possibly need all located in one store providing products such as clothes, electronics, houseware and etc. Kohl’s also has a great online customer service as well as everyday deal advertisements that include free shipping. I read a quote regarding general popular retail environment stated by a man named Josiah Burks that when it comes to economists the world has been introduced to stores like Walmart who has taken over the retail environment leading to having Walmart giving the whole retail