Part 3 of Project
March 31, 2020
Performance evaluation in each Company is very important. Samsung being no
exemption. The process ensures that the company meets the set activities that are used to ensure
that they meet the set organization goals effectively. Samsung’s main activity is the production
of consumer and industry’s electronics. In the last quarter the company’s electronics capital
expenditure is 26.9 Trillion. The Company has raked in 16.79 Trillion and an operating profit of
3.45 Trillion. The criteria used to evaluate the Company key operational variables which are
sales and profitability(Samsung,2019).
Control in a Company ensures that it has management tools that determine whether the
goals of an organization are being met. The Company deals with the control quality and amount
of procurement, stockpiling, coordination’s and assessment. For instance, the employees have
feedback controls where the company listens to what the employees have to say. Additionally,
they have feedforward controls that are used to identify and prevent any problems in the
organization before they occur.
The Company is committed towards ensuring that protecting the earth against harmful
materials is their first priority. They have been able to achieve this through ensuring that their
products are environmentally conscious. This is in keeping with the set environmental
regulations and laws. They have ensured that their waste products are disposed in such a manner
that they do not cause harm to the environment. They have also been in the fore front in
ensuring that they are recycling their waste products within the areas that they operate in. Lastly,
they have ensured that the GHG emissions are low (SamsungNewsroom,2017).
Samsung utilizes a corporate worldwide upper hand to keep up its upper hand so as to
make more and it presently has apple on the back foot. It has gained notoriety for quite a while
of being the biggest organization in innovation and furthermore by income Samsung stays in
front of its adversaries, for example, Apple. The consolidation of an enormous screen for the
devices that the organization produces has been a mystery that is all around used to beat
contenders. The noteworthy new highlights utilized in Samsung apparatuses makes the ite...
15 Million Students Helped!
Sign up to view the full answer