KIM Question (A): Describe an ethical failure by an organisation on an important business decision and its adverse downstream consequences. ETHICAL FAILURE BY SAMSUNG Samsung Electronic one of the largest multi-billion dollar corporations in the world recently found itself on the wrong side of ethical behaviour. In 2010 Samsung Electronic exceeded the $150bn mark in the annual sales for the first time in its history. This makes it one of the world’s top three companies in the electronic industry
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Korean-based company Samsung was founded on March 1st‚ 1938 by Byung Chull Lee who instilled some of the first concepts into Samsung’s corporate culture. Byung pressed to continuously pursue innovation and accept new challenges. This is some of the founding spirit that still resonates in Samsung’s corporate culture today. The company started off with humble beginnings with consolidated interests in agricultural products and insurance. Sugar was one of the first products that Samsung exported in the
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Samsung has spent a lot of expenditure to advertising expenses. For example‚ according to Samsung Company (2011) annual report‚ they spent around 56‚000‚000 in million U.S. dollars‚ 2010 and 2011. They strong promote their brand name and product from many kind of advertising effect such as television‚ outdoor‚ internet‚ magazine‚ and newspaper. Television Television media advertising is one of the powerful media strategies in business marketing. It has high frequency potential‚ high intrusion
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Chapter 1 Related Theory Discussion 1.1 Brand: The American Marketing Association defines a brand as a "Name‚ term‚ design‚ symbol‚ or any other feature that identifies one seller ’s good or service as distinct from those of other sellers." A brand can take many forms‚ including a name‚ sign‚ symbol‚ color combination or slogan. For example‚ Coca Cola is the name of a brand make by a particular company. 1.2 Local brand: A local brand is a brand that is sold and marketed (distributed and
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market share in each of these segments. Introduction Pioneering the Digital Edge The digital age has brought revolutionary change – and opportunity – to global business‚ and Samsung has responded with advanced technologies‚ competitive products‚ and constant innovations in today’s digital world. Samsung Electronics Co.‚ Ltd. is a global leader in technology‚ opening new possibilities for people everywhere. Through relentless innovation and discovery‚ we are transforming the worlds of televisions
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determination of all the group members. However‚ we hope that this course as well as this project work experience will help us to build our career in a successful and precise way in this arena. Executive Summary Pizza Hut is a world renowned pizza brand favored by millions of people all
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BRAND AND BRAND POSITIONING INDONESIAN BRANDS 2 II TABLE OF CONTENTS Introduction Approach 1 Brand.......................................................................................................................................................... 5 2 Brand positioning ................................................................................................................................. 6 3 The Brand Steering Wheel..........................................
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Grand Plan of Samsung Apps Samsung bada Developer Day at MWC2011 Feb 15‚ 2011 bada Developer Day 2011 Copyright© 2011 Samsung Electronics‚ Co.‚ Ltd. All rights reserved China! Zhōngguó 중국 中國 Samsung Apps Contents 1.Introduction of Samsung Apps History of Samsung Apps Samsung Apps Overview Global Service Coverage Service Channels of Samsung Apps Become a Samsung Apps Seller 2.Blueprint of Samsung Apps Expansion Plan of Samsung Apps New Key Features : 1) Try’n Play & Rent’n Play
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BRAND CANNIBALIZATION: EAT OR BE EATEN With increasing commoditization of brands‚ differentiation is hard to come in every industry. Consumers are now flooded with options‚ single company having several brands in same product category. Positioning‚ targeting‚ segmenting can serve as strategies no more. Rather it is the basic hygiene which any company needs to follow if it needs to sustain in the race for market share. So‚ what should a marketer adopt as a strategy? There are unconventional
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Employee Retention-Talent Management Organizations need to be possessive about the employees-The stronger organization’s possessiveness –the longer are the employees are retained Abstract-Talent is the critical success factor to any organization. Talent pool management is the most challenging area to any organization. The challenge of finding‚ attracting‚ developing and retaining the right talent is taking up a major part of management and once the right talent is found the next demanding job
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