Sample content BUS 698 Week 2 Assignment Ashford University Supply Chain Strategic Management Bus 698 I have chosen to study and evaluate Samsung Group for this research. The Samsung Group consists of 28 main subsidiaries that previous year recorded worldwide sales in excess of $54 billion. Its yearly profits represent 10% of Korea’s annual output. To be at power with the major players in the world, it must be equipped to source capital adequately and utilize it efficiently and accordingly. The proficiency of its procedures made Samsung to evolve into country’s foremost issuer of equity and debt to other countries and a trendsetter among Korean businesses in stepping out into world markets. Since 1999, earnings have doubled and revenues have alleviated 20 times due to effectiveness of a unique strategy. “To catch up with the early birds, we had to be the fastest in commercializing original technologies,” says CEO Yun Jong Yong” (Foroohad & Lee, 2

1. BUS 698 Week 2 Assignment Global Strategy
Link : http://uopexam.com/product/bus-698-week-2-assignment-global-strategy/
Sample content
BUS 698 Week 2 Assignment
Ashford University
Supply Chain Strategic Management

2. Bus 698
I have chosen to study and evaluate Samsung Group for this research. The
Samsung Group consists of 28 main subsidiaries that previous year recorded
worldwide sales in excess of $54 billion. Its yearly profits represent 10% of
Korea’s annual output. To be at power with the major players in the world,
it must be equipped to source capital adequately and utilize it efficiently and
accordingly. The proficiency of its procedures made Samsung to evolve into
country’s foremost issuer of equity and debt to other countries and a
trendsetter among Korean businesses in stepping out into world markets. Since
1999, earnings have doubled and revenues have alleviated 20 times due to
effectiveness of a unique strategy. “To catch up with the early birds, we had
to be the fastest in commercializing original technologies,” says CEO Yun
Jong Yong” (Foroohad & Lee, 2010, para. 2).Acceleration and elasticity in
their supply chain is leading Samsung to the forefront of the cyber age. This
financial year will probably be the first of its kind in which digital appliances ranging
from high definition monitors to smart phones will excel in sales from all other
items. “The transformation, says researcher Keith Woolcock of London-based
Westhall Capital, will be “the biggest event in technology for the next 10
years” (Foroohad& Lee, 2010, Para. 5).Generally, consumer electronics
manufacturers, like Sony, has safe guarded divisional core functions, as only the
TV guys could produce TV products but it’s not the practice in Samsung. The
Korean multinational supports competition among its four major divisions i.e.
semiconductors, telecommunications, digital media and flat-screen panels driving
them to develop crux of its novel innovations. A recent competition among digital-
camera unit and camcorder team made the development of Duo Cam possible, a
product that share features of both these products.
Partnering for Mutual Success
Samsung
http://uopexam.com/product/bus-698-week-2-assignment-global-strategy/