Business Model and Strategic Plan Part I Conceptualizing a New Product or Service Division of an Existing BusinessBusiness Model and Strategic Plan Part I:Conceptualizing a New Product or Service Division of an Existing BusinessBus 475Business Model and Strategic Plan Part I:Conceptualizing a New Product or Service Division of an Existing BusinessThis paper will explain the strategic plan for Newmont Mining Corporation's newest venture, while defining the vision, mission, and goals of this Corporation and how it will interlink. It will state the company's values and will offer strategic direction while considering the culture, social responsibility, and ethics. It will show how the mission statement along with the vision and values will help the company to achieve success in its new venture of promoting gold in a new format, and how it will guide the strategic direction of the company. It will address the needs of the public and global economies and how the company will offer a competitive advantage over all other companies in this industry.Company HistoryNewmont Mining Corporation is an exploration, refining, and marketing company of gold and copper. They operate in the US, Australia, Peru, Indonesia, Ghana, New Zealand, and Mexico. As of December 31, 2013 , Newmont employed 15,085 people with its headquarters in Denver, Colorado. For the year ended in December 2013, they recorded revenues of $8,322 million. They are considered to be one of the largest producers of ...
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