Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

BUS 698 Week 2 Assignment Global Strategy 2015 version

27 views

Published on

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

Published in: Education
  • Be the first to comment

  • Be the first to like this

BUS 698 Week 2 Assignment Global Strategy 2015 version

  1. 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. 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/

×