For this Portfolio Assignment provide answers to below questions:

1. Amazon.com Mission statement is "To be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices."

• Is this mission statement market-oriented, product-oriented, production-oriented or futuristic? Why?

2. The purpose of strategic planning is to find ways in which an organization can best use its strengths to take advantage of opportunities within the environment.

In the past, Wal-Mart mission statement was, "We deliver low prices, every day."Currently, Wal-Mart's corporate mission is "to save people money so they can live better."

• Using the knowledge from strategic formulation and unit's reading, provide a possible reason for review of Wal-Mart's mission statement.

The Portfolio Assignment entry should be a minimum of 500 words and not more than 750 words. Use APA citations and references if you use ideas from the readings or other sources.