Mission – vision – objectives -strategies
Mission: the overriding purpose in line with stakeholders’ values and expectations
→Who we are
→What we value
(what bussiness they are in
Vision: the desired futrue state or aspiration of the organization
→What we want to become
Where do they wanna go, what they want to become
Objectives: the overall aims in line with the overall purpose
→How we gauge our degree of success in accomplishing our mission
Strategy : the way or means in which the corporate objectives are tob e achieved and put into effect
→How we will achieve our vision/objectives
(finance, HR)
Corporate identity: the profile and values communicated by an organization
Corporate image: an individual’s immediate set of associations in sepsonse to (a) signal(s) or
message(s) from or about a particular organization at a single point in time
Corporate reputation: an individual’s collective representation of past images of an organization
(induced through either communication or past experiences) established over time.
,(advertising)
Stakeholder – market
Stakeholder: any group or individual who can affect or is affected by the achievement of the
organization’s objectives
→Relevant person/ group of people
Stakeholders: customers and employees. Customers directly related to sales, employees to work and
identity building
high or low in power and interest
Market: a defined group for whom a product or service is or may be in demand (and for whom an
organization creates and maintains products and services)
→Target group
Communication – integration
Communication: the tactics and media that are used to communicate with interna land external
groups
Integration: the act of coordinating all communication so that the corporate identity is effectively
and consistently communicated to interna land external groups
,Trends in corporate communication – in 2010s
- More active stakeholders: voicing, self-organizing, advocating
- Empowered by new media: interactive, dialogue-bused
- Stakeholders share more experiences, opinions, ideas about organizations
- Electronic word-of-mouth (eWOM) and peer-to-peer influence: challenges & oppoptunities
Chapter two
Historical deveolopmetns: late 18th century -1930s
, 1. Industrial Revolution: mass production/ consumption
> increased competition
>> rise of marketing communications
Historical devolopments: early 20th century
2. Muckraing journalism
> rise of public relations
power over people
( Ray Stannard Baker, Upton Sinclair)
Historical devolopments: 1920-1930
3. Economic depression
>development of expertise on PR and marketing
>> PR and marketing as separate external disciplines
Integration of two separate disciplines: 1980s
Marketing communication > markets, products
Public relations (PR) > publics, issues
1980s: integration (Kotler & Mindak, 1978), came up with 5 models
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller chantalmatel. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $3.79. You're not tied to anything after your purchase.