Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

BB&T Vision and Mission Statements discussion please see attached In preparation for your Discussion topic, please read BB&T Vision, Mission, and Purpose listed below. BB&T

image text in transcribed

BB&T Vision and Mission Statements discussion

please see attached

image text in transcribed In preparation for your Discussion topic, please read BB&T Vision, Mission, and Purpose listed below. BB&T Vision, Mission, and Purpose statement is considered an exemplary Mission Statement. Please read it, comment on the positives and negatives of this statement in a few paragraphs, and defend your answer through APA citation. BB&T Vision To create the best financial institution possible: \"The Best of The Best.\" BB&T Mission To make the world a better place to live by: helping our clients achieve economic success and financial security; creating a place where our employees can learn, grow and be fulfilled in their work; making the communities in which we work better places to be; and thereby: optimizing the long-term return to our shareholders, while providing a safe and sound investment. BB&T Purpose Our ultimate purpose is to create superior long-term economic rewards for our shareholders. This purpose is defined by the free market and is as it should be. Our shareholders provide the capital that is necessary to make our business possible. They take the risk if the business is unsuccessful. They have the right to receive economic rewards for the risk which they have undertaken. However, our purpose, to create superior long-term economic rewards for our shareholders, can only be accomplished by providing excellent service to our clients, as our clients are our source of revenues. To have excellent client relations, we must have outstanding employees to serve our clients. To attract and retain outstanding employees, we must reward them financially and create an environment where they can learn and grow. Our economic results are significantly impacted by the success of our communities. The community's \"quality of life\" impacts its ability to attract industry for growth. Therefore, we manage our business in a long-term context, as an integrated whole, with the ultimate objective of rewarding the shareholders for their investment, while realizing that the cause of this result is quality client service. Excellent service will be delivered by motivated employees working as an integrated team. These results will be impacted by our capacity to contribute to the growth and well-being of the communities we serve

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Science The Art Of Modeling With Spreadsheets

Authors: Stephen G. Powell, Kenneth R. Baker

3rd Edition

0470530677, 978-0470530672

More Books

Students also viewed these Finance questions

Question

What questions do you have for us?

Answered: 1 week ago