1. How was Samsung able to go from copycat brand to product leader? Samsung was a copycat brand from the time it started to around the 90s. Some of the first items they made were calculators and black and white TVs. In 1993 Samsung unveiled a new strategy that they called “New Management”. They made the decision not to be a cheap copycat brand anymore. Samsung cut ties with low end retailers like Kmart and Wal-Mart. They started distributing at stores like Circuit City and Best Buy. They started
Premium Product management New product development Product life cycle management
of directors. Evaluate the current board of Samsung Electronics. What are the strengths and weaknesses in the current board composition? How many directors can be classified as non-executive? How many can be classified as independent? What are your criteria’s for assessing director independence? Do you think changes need to be made to the current board composition? If no - why not‚ if yes - what changes would you recommend? The board of Samsung Electronics has 23 directors of which 7 are executive
Premium Corporate governance Board of directors Executive director
II. Table of Contents Table of contents ……………………………………………………………………………….p.2 List of tables …………………………………………………………………………………….p.3 List of graphs …………………………………………………………………………………...p.4 List of appendices ………………………………………………………………………………p.5 Executive summary a. Major findings ………………………………………………………………………………..p.6 b. Conclusions…………………………………………………………………………………...p.6 c. Recommendations…………………………………………………………………………….p.6 Problem definition a. Background to the problem………………………………………………………………...…p
Premium Research Samsung Group Samsung Electronics
analysis of the Samsung company because I spend a full year in South-Korea‚ from july 2011 until august 2012. Hence‚ Samsung is an extremely important conglomerate in this country‚ working there is for many considered as a « dream-job » and furthemore produce as much as 20% as the country total exports. Samsung is well known for their electronic product created by the electronic subsidiaries of the company‚ Sansung Electronics. Their flagship phone‚ currently being the Samsung Galaxy S3 sold over
Premium Samsung Electronics Samsung Group Chaebol
Founded Samsung Introduction-2 Important points‚ 1970’s subsidized‚ In 1938‚ Samsung began as a small business trading produce and consumer goods. Almost 70 years later‚ Samsung has transformed itself into a global powerhouse whose superior products and services now range from semiconductors and LNG ships to fine chemicals and financial services‚ just to name a few. 1938-1970 Samsung Beginning On March 1‚ 1938‚ founding chairman Byung-Chull Lee started a business in Taegu‚ Korea with 30
Premium Samsung Group South Korea Samsung Electronics
Department of Logistics and Maritime Studies The Hong Kong Polytechnic University LGT3105 Operations Management 1st Semester 2013/2014 Subject Description This is a foundation subject on Operations Management (OM). It will provide students with an understanding of the strategies‚ processes‚ and analytics of OM for both manufacturing and service organizations. At the end of the course‚ students will have a fair understanding of how things should be done and the importance of these
Premium Supply chain management Management Supply chain
SAMSUNG ELECTRONICS‚ CO.LTD[->0]| STRATEGIC ANALYSI | ABSTRACT This document tends to review and analyze the strategic stance of Samsung Electronics‚ Co. Ltd using the tools of strategic analysis and business policy. BACKGROUND S amsung Electronics Co.‚ Ltd is one of the world’s largest technology companies in terms of revenues. It is the largest mobile phone maker and television manufacturer and second largest semiconductor chip producer. Samsung Electronics trades worldwide
Premium Samsung Group Strategic management Chaebol
Abstract: This paper examines Samsung Electronics successful growth strategy in the mobile phone business. It examines its early efforts at developing a competitive product in the domestic market‚ its globalization strategies‚ and some of the key challenges it faces today. The paper provide insights into how a late-comer to an industry can overcome certain disadvantages and successfully position itself as a widely respected and successful brand. Key words: Samsung‚ mobile phone‚ strategy I. Introduction
Premium Mobile phone
highest ratings since Samsung’s previous high in 1996. This improvement suggests that the company has now recovered from the effects of the Asian financial crisis‚ and the higher credit rating positively impacts upon its corporate image. Diversification as a source of competitiveness A key source of the company’s competitiveness is the continuous transformation of the business through diversification. Samsung achieved surprisingly strong results due to competitive pricing and a broadening portfolio
Premium Chaebol Samsung Electronics South Korea
Samsung Galaxy S4 mobile is a new product introduced in March 2013. I think this product will succeed in the long run in the marketplace. S4 has been already sold 10‚000‚000 units in 2 months‚ even break the record of any products in Samsung. We can tell how success of this product. S4 really help Samsung maximize their profits. Undeniably‚ S4 is very similar with S3‚ but the sales amount is keep increasing. From this‚ we can see Samsung has many royalty customers‚ they do repeat purchase. Many
Premium Sales Mobile phone Customer service