Week 1 Essay Questions (80 Points) 1. Why is corporate governance important? a) good corporate governance produces direct economic benefit to the organization b) To avoid scandal c) To imbibe trust in investors d) The perception of good corporate governance is an important ingredient of the image of an organization‚ whether public‚ private‚ or nonprofit. e) A perception of unethical conduct by an organization can be very costly in legal cases Reference:
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who is closing. Threats: - The androids are developing their own applications (andoid market) - Arrival of computers with batteries that have autonomy from 9am (DELL) - Tablet PC are becoming more accessible (price) with competition SWOT Samsung : Strenghts: - Highly technical and developed products - Create their operating system for mobile phone (Bada system) - Quick adaptation to competitors’ innovations - Several sector are covered (tv‚ laptop‚ computer ...) if loss of money
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Academic Year 2012‐2013 CEMS BLOCK SEMINAR: Take‐home examination Corporate Entrepreneurship Pauline GELDOF – CEMS Master 2 Introduction In today’s global economy‚ Corporate Entrepreneurship defined by Damanpour (1991) as the generation‚ development‚ and implementation of new ideas and behaviors by a company has become the only real source of competitive advantage for established organizations. Indeed‚ operating within an increasingly
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a slow and steady growth trend and demonstrated signs of future growth around the excitement of ultra-thin platforms. But‚ the real growth drivers continued to be smartphone platforms. In the smartphone market‚ Nokia lost the leadership crown to Samsung. The total global mobile phone and smartphone market is expected to be worth $341.4 billion in 2015 while smartphone revenue will account for 75.8% of the total mobile handset revenue at $258.9 billion in 2015. Smartphones are currently witnessing
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What is Corporate Communication? * A department with many functions * A set of communication products * A process to communicate key messages Corporate communications are a powerful management tool if approached with strategic integrity‚ alignment and focus. An organisation performing with coherence and its energy focused on a specified goal is far more effective than one that allows confused and inconsistent messages to disseminate from management. Communications is the only vehicle
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about the Samsung Electronics Co. The Samsung Group is a multinational conglomerate corporation headquartered in Samsung Town‚ Seoul‚ South Korea. It is the world’s largest conglomerate by revenue with annual revenue of US$173.4 billion in 2008 and is South Korea’s largest chaebol. The meaning of the Korean word Samsung is "Tri-Star" or "three stars". Samsung Group formed several electronics-related divisions‚ such as Samsung Electronics Devices Co.‚ Samsung Electro-Mechanics Co.‚ Samsung Corning Co
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1) Economics: Collect the information mentioned as follows of any retail shop in your locality - a) Name of the Retail Shop b) Name of the Proprietor c) Location d) Year of Establishment of Shoppe e) Maximum demand for which Products f) Price of most demanded product g) Supplier’s detail who provide that product h) Duration of delivering the products i) The basis of demand forecasting for shop keeper j) Photo with proprietor of Shoppe 2) CSPD: I) Write following details about
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CASE: SAMSUNG ELECTRONIC CORPORATION: GOVERNANCE OF CHAEBOLS Copyright: Prof. Florencio Lopez-de-Silanes Professor Florencio Lopez-de-Silanes and Rakhi Kumar‚ Yale MBA02 prepared this case as the basis for class discussion rather than to illustrate the effective or ineffective governance of an organization. Prof. Florencio Lopez-de-Silanes INTRODUCTION Case: Samsung Electronics Prior to the Asian currency crises‚ South Korea was an investment destination for several institutional
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Trying to Change the Corporate Culture of a Multinational Enterprise: General Semiconductor 1. In your opinion‚ what actions taken by Ostertag stood the most chance of changing General Semiconductor’s culture? His decision to “replace nearly every member of the company’s senior management team” could have been more effective and beneficial had he only replaced those on the management team who were not upholding and enforcing the values and cultures of the company. The “team-building meeting
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CORPORATE GOVERNANCE Corporate governance refers to the system by which corporations are directed and controlled. The governance structure specifies the distribution of rights and responsibilities among different participants in the corporation (such as the board of directors‚ managers‚ shareholders‚ creditors‚ auditors‚ regulators‚ and other stakeholders) and specifies the rules and procedures for making decisions in corporate affairs. Governance provides the structure through which corporations
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