The Samsung Group is expanded in many sectors but the most important sector is Samsung Electronics. This assignment will conduct a critical internal analysis of the company in terms of their scope, culture and management style. It will also outline how the company creates value, gain market share and what strategy they use. The external analysis will be illustrated by using SWOT analysis, PEST analysis and Porter five forces analysis. Many examples and articles are going to be used for better understanding. “There's no luck in business. There's only drive, determination, and more drive.” (Sophie Kinsella)
To start with, a multinational organisation such as Samsung couldn’t leave anything in luck. Internal Samsung is a very good organised group. One critical factor of success is the CEO Mr Lee Kun-hee, who once said to the managers of Samsung “change everything but your wife and children”. Three years later, he set on fire 150 000 gadgets