SOLUTION: ACCT 301 SEU ORG Strategy Provides Contribution in Achieving Its Vision Questions


View attached explanation and answer. Let me know if you have any questions.College of Administration and Finance SciencesAssignment (1)Deadline: Saturday 05/03/2022 @ 23:59Course Name: Cost AccountingStudent’s Name:Course Code: ACCT 301Student’s ID Number:Semester: 2ndCRN:Academic Year: 1443 HFor Instructor’s Use onlyInstructor’s Name:Students’ Grade:/10Level of Marks: High/Middle/LowInstructions – PLEASE READ THEM CAREFULLY• The Assignment must be submitted on Blackboard (WORD format only) via allocatedfolder.• Assignments submitted through email will not be accepted.• Students are advised to make their work clear and well presented, marks may bereduced for poor presentation. This includes filling your information on the coverpage.• Students must mention question number clearly in their answer.• Late submission will NOT be accepted.• Avoid plagiarism, the work should be in your own words, copying from students orother resources without proper referencing will result in ZERO marks. No exceptions.• All answers must be typed using Times New Roman (size 12, double-spaced) font.No pictures containing text will be accepted and will be considered plagiarism.• Submissions without this cover page will NOT be accepted.College of Administration and Finance SciencesAssignment Question(s):(Marks 10)Q1. Examine with suitable examples, how “organization strategy provides a valuablecontribution in achieving organization vision?” Give an example of a Saudi company and assesstwo examples of organizational strategies and operating plans.(2 Marks)Answer:An organizational strategy includes all the actions that a company has to take for it to achieve its vision(Mantere, 2013). The actions are combined to make the company’s strategic plan. The organizationalstrategy is usually built on the company’s mission. The mission entails the company’s purpose andwhy it exists (Babnik et al., 2014). Once a company has fulfilled its mission, it will have achieved itsvision. The vision is a long-term goal for the compan…

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