Explain the importance of a Free Gym business’s vision, mission, and values in determining your strategic direction. Use Grants that put together a gym that was community oriented, it is free for anyone could go but the cool aspect was you get public funding for it because it serve a social good. Also working with revenue was able to take the concessions that use for the trainee that would cost but the gym itself is free. Include the following:
• Define your business, products or services, and customers by developing a mission statement. Ensure that you are differentiating your product or service. • Create a vision for this organization that clearly demonstrates your decision on what you want your business to become in the future. • Define your guiding principles or values for your selected business considering the topics of culture, social responsibility, and ethics.
Analyze how the vision, mission, and values guide the organization’s strategic direction. • Evaluate how the organization addresses customer needs and critique how they achieve competitive advantage.