Preview

This Is the Essay

Satisfactory Essays
Open Document
Open Document
441 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
This Is the Essay
Module Title: INTRODUCTION TO STRATEGIC MANAGEMENT Stage 2

Module Code: UGB202 Module leader: Mathew Teale

Assessment 1 Code: UGB202CW1213SEM2

Assignment title: Introduction to Strategic Management Report

Student: james nesbitt

Student Code: BG2PW

Student Card Number: 1070077160
Introduction
SAMSUNG
For this assignment, I decided that I would analyse and cypher the position of the global known of the electronics company SAMSUNG; involving their use of strategic management in the day to day running of the business which is offered to all customers around the world on a daily basis.
In 1938, the SAMSUNG GROUP was founded by a Korean gentleman named Lee Byung-chull, its status was a trading company. In the following decades for the company, they decided to expand in different areas such as food processing, textiles, insurance, security and retail.

samsung is the largest mobile phone maker in its home market of South Korea, and the third largest in the world. In addition to mobile phones and related devices, the company also manufacturers things such as televisions, cameras, and electronic components. It is bitter rivals with the second largest South Korean handset maker, LG.

Samsung entered the electronics industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s; these areas would drive its subsequent growth. Following Lee's death in 1987, Samsung was separated into four business groups - Samsung Group, Shinsegae Group, CJ Group and Hansol Group. Since the 1990s Samsung has increasingly globalised its activities, and electronics, particularly mobile phones and semiconductors, has become its most important source of income.
Notable Samsung industrial subsidiaries include Samsung Electronics (the world's largest information technology company measured by 2012 revenues),[2] Samsung Heavy Industries (the world's second-largest shipbuilder measured by 2010 revenues),[3] and Samsung Engineering and Samsung

You May Also Find These Documents Helpful

  • Satisfactory Essays

    MGMT 491

    • 571 Words
    • 2 Pages

    Lee Byung-Chull founded Samsung in 1938 as a treading company in Korea. The company first started by selling dried food and noodles. “The company grew and soon expanded to Seoul in 1947 but left once the Korean War broke out. After the war, Lee expanded in to textiles and built the largest woolen mill in Korea.”…

    • 571 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Acc 546 Ddd

    • 313 Words
    • 2 Pages

    All of the following are involved in the capital budgeting evaluation process except a company's…

    • 313 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Samsung Electronics

    • 838 Words
    • 4 Pages

    The Samsung Electronics Company was the largest conglomerate in South Korea. The total net sales of the Samsung Group were $135 billion in 2004. It has 337 overseas operations in 58 countries. Electronic, finance, and trade and services were the three core sectors within the Samsung Group. Semiconductor products were classified into two different categories of chips, which are memory and logic.…

    • 838 Words
    • 4 Pages
    Satisfactory Essays
  • Better Essays

    Samsung is a South Korean company that was founded in 1938 and even though we know them mostly because of their advancements in technology, which is not where they started. During their early days they started in food processing, insurance, textiles, and many other ventures. It wasn’t until the late 1960’s that they finally started to deal with the electronic industry. When you now hear the name “Samsung” you think of electronics. Samsung has their hand in many things when we look at innovation and technology. They are currently involved in computer, smart phones, TV’s, computer chips, and many other new technologies. Over the last several years, Samsung has evolved into one of the top cell phone makers. They have even begun to threaten the top notch cell phone company, Apple. This competition leads us to take a look at the two companies.…

    • 4413 Words
    • 19 Pages
    Better Essays
  • Satisfactory Essays

    Galaxy S4 Case Study

    • 311 Words
    • 2 Pages

    Samsung is a South Korean headquartered multinational company whose origins can be traced to 1969. Samsung Group has a diverse business portfolio which covers both consumer and business to business products. Samsung Electronics is its key subsidiary which is the world’s largest manufacturer of smartphones and televisions. The company became the world’s biggest manufacturer of smartphones in 2012 when it outsold Apple in the first quarter of the year selling more than 45 million smartphones. Whilst the company has focused on product innovation as its strategic thrust, it has also has a wide variety of smartphones than Apple. Whilst Apple launches one iPhone model per year, Samsung introduces more than 50 variations of Galaxy smartphones per year which explains its rapid growth in market share in the last three years.…

    • 311 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Samsung Introduction

    • 715 Words
    • 3 Pages

    Samsung begin in 1938 which founded in Korea. In 1969, Samsung Sanyo established and one year later, it started to produce Black-and-White TV. In 1974, they started to produce washing machine and refrigerator and after five years, they began mass production of microwave ovens. In March 1975, Samsung-Sanyo renamed Samsung Electro-Mechanics and merged with Samsung Electronics in 1977. In 1977, Samsung started to export their product such as colour television to different countries. Samsung then continue to produce air conditioners and personal computer (PC). In 1991, the development of mobile phone handset completed. One year after, Samsung began manufacturing in China. It completed the world’s first 64M DRAM, 250MB hard disc drive and mobile phone system. In 1994, Samsung created the world’s first four-power zoom camera and 256M DRAM, introduced the world’s first 33”double screen TV, completed 1G DRAM and…

    • 715 Words
    • 3 Pages
    Better Essays
  • Satisfactory Essays

    Samsung invested in AST (manufacturer of personal computers in USA) in 1995 and bought the entire company in 1997.…

    • 484 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Initially, probably until about half way through the play we see Prospero as an angry, dominant, narrowly focused man. He does not reveal his anger publically, only speaks about it through his ‘lectures’ about his life/background stories. He creates an enormous storm at the start to capture his enemies, which can be suggested as a ‘mirror of his own mind’ – angry and in turmoil. However, he can be said that he has the right to be upset after being usurped and cast away to the island. He continues to play the angry, lecturing type of character until he meets Ferdinand, whom he is angry with also, but the difference is that this time he reveals his anger to the audience. This is the beginning of him trying to calm down in many ways and trying to create a sense of empathy with the audience.…

    • 1074 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Samsung History

    • 6512 Words
    • 27 Pages

    In 1938,[15] Lee Byung-chull (1910–1987) of a large landowning family in the Uiryeong county came to the nearby Daegu city and founded Samsung Sanghoe (삼성상회, 三星商會), a small trading company with forty employees located in Su-dong (now Ingyo-dong). It dealt in groceries produced in and around the city and produced its own noodles. The company prospered and Lee moved its head…

    • 6512 Words
    • 27 Pages
    Good Essays
  • Good Essays

    Trade Secrets

    • 1058 Words
    • 5 Pages

    Samsung Group is a South Korean multinational company. It was founded by Lee Byung-chull in 1938 as a trading company. Its headquarter is in Samsung Town, Seoul Korea. It comprises numerous subsidiaries and affiliated businesses, most of them united under the Samsung brand, and are the largest South Korean company. It is worldwide famous brand. According to the founder of Samsung Group, the meaning of the word Samsung is "tristar" or "three stars". The word "three" represents something "big, numerous and powerful"; the "stars" mean eternity. Samsung entered the electronics industry in the late 1960s. In 1938, Lee Byung-chull who belongs to large landowning family founded Samsung Sanghoe, a small trading company with forty employees located in Su-dong. It dealt in groceries produced in and around the city and produced its own noodles. After that Lee started sugar refinery and woolen mill. It was the largest ever in the country and the company took on the aspect of a major company.…

    • 1058 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Samsung Electronics, one of the largest semiconductor manufacturers. It is also South Korea’s top electronic company.…

    • 968 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    In late 2008, Samsung emerged as the number one player in the US cell phone market by snatching the crown from Motorola. It also emerged as the world leader in the memory…

    • 15688 Words
    • 63 Pages
    Good Essays
  • Powerful Essays

    Samsung Electronics is one of Samsung Group’s multinational corporations. Samsung Group is South Korea’s largest conglomerate that serves several major global industries including but not limited to electronics, machinery, chemical, financial services, engineering, and entertainment.…

    • 1957 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Samsung Research

    • 574 Words
    • 2 Pages

    Samsung Electronics overtook Apple Inc. to become the world's biggest smartphone maker by selling hardware using Google Inc. popular Android operating system. As it tries to beef up in software, the South Korean tech giant has been hiring more engineers to develop its own platform and applications for mobile devices, wearables and other consumer electronics.…

    • 574 Words
    • 2 Pages
    Good Essays
  • Good Essays

    1

    • 570 Words
    • 2 Pages

    For over 70 years, Samsung has been dedicated to making a better world through diverse businesses that today span advanced technology, semiconductors, skyscraper and plant construction, petrochemicals, fashion, medicine, finance, hotels, and more. Their flagship company, Samsung Electronics, leads the global market in high-tech electronics manufacturing and digital media.…

    • 570 Words
    • 2 Pages
    Good Essays

Related Topics