Nothing
Introduction:
Samsung Electronics, which was founded in 1969, is the largest part of the Samsung Group, and is one of the world's biggest electronics companies. Founded in Daegu, South Korea, Samsung Electronics operations in about 58 countries and has around 208,000 employees. Samsung Electronics is considered one of the world's 10 best labels. The company is one of four companies in Asia, including Japan, with a market capitalization of up to U.S. $ 100 billion.
Samsung Group includes many Korean businesses, including Samsung Electronics and Samsung Insurance. The current president is Lee Kun-hee.
In 1990, Samsung emerged as a multidisciplinary international group. Subsidiary of construction company Samsung has been the big prize for building one of the two Petronas Twin Towers (Malaysia) in September 1993, and the Burj Dubai in 2004, the tallest building in the world.
And now, we begin to learn about the financial situation and control of Samsung electronics.
Source: http://vi.wikipedia.org/wiki/T%E1%BA%ADp_%C4%91o%C3%A0n_Samsung
Task 3:
3.1 Financial planning process
3.2 Factors influencing the decision-making process such as cash and working capital management, budgetary planning and the types of budgets that the company can use
* Cash and working capital management:
Working capital management is a managerial accounting strategy focusing on maintaining efficient levels of both components of working capital, current assets and current liabilities, in respect to each other. Working capital management ensures a company has sufficient cash flow in order to meet its short-term debt obligations and operating expenses. Implementing an effective working capital management system is an excellent way for many companies to improve their earnings. The two main aspects of working capital management are ratio analysis and management of individual components of working capital.
A few key performance ratios of a working capital
Samsung Electronics, which was founded in 1969, is the largest part of the Samsung Group, and is one of the world's biggest electronics companies. Founded in Daegu, South Korea, Samsung Electronics operations in about 58 countries and has around 208,000 employees. Samsung Electronics is considered one of the world's 10 best labels. The company is one of four companies in Asia, including Japan, with a market capitalization of up to U.S. $ 100 billion.
Samsung Group includes many Korean businesses, including Samsung Electronics and Samsung Insurance. The current president is Lee Kun-hee.
In 1990, Samsung emerged as a multidisciplinary international group. Subsidiary of construction company Samsung has been the big prize for building one of the two Petronas Twin Towers (Malaysia) in September 1993, and the Burj Dubai in 2004, the tallest building in the world.
And now, we begin to learn about the financial situation and control of Samsung electronics.
Source: http://vi.wikipedia.org/wiki/T%E1%BA%ADp_%C4%91o%C3%A0n_Samsung
Task 3:
3.1 Financial planning process
3.2 Factors influencing the decision-making process such as cash and working capital management, budgetary planning and the types of budgets that the company can use
* Cash and working capital management:
Working capital management is a managerial accounting strategy focusing on maintaining efficient levels of both components of working capital, current assets and current liabilities, in respect to each other. Working capital management ensures a company has sufficient cash flow in order to meet its short-term debt obligations and operating expenses. Implementing an effective working capital management system is an excellent way for many companies to improve their earnings. The two main aspects of working capital management are ratio analysis and management of individual components of working capital.
A few key performance ratios of a working capital