Access over 20 million homework & study documents

Samsung Industries

Content type
User Generated
Subject
Business
Type
Homework
Rating
Showing Page:
1/5
Running head: BUSINESS PROCESSES AND STRATEGY 1
Business Processes and Strategy
Name:
Institution Affiliation:

Sign up to view the full document!

lock_open Sign Up
Showing Page:
2/5
BUSINESS PROCESSES AND STRATEGY 2
Part 1: Innovation activities
Samsung is a multinational company that is located in South Korea, and its headquarters are
in Samsung Town. It is composed of a number of subsidiaries as well as affiliated businesses,
where most of them are amalgamated under Samsung brand. It is the largest company in the
world, mainly concerned with the production of electronics (Jeston & Nelis, 2014).
Innovation is the process by which ideas are translated to producing services as well as goods
that later are paid for by the consumers. According to Job (2003), Apple CEO said that for
one to be able to come up with many interesting ideas, that would continue to innovate for a
couple of years, they need discipline in all that they do. Great innovation is not experimented
in the laboratories; it is otherwise multidisciplinary and requires critical thinking.
1. In my selection, I decided to describe more on the innovation activity that there be some
kind of production of electronics that serves the same purpose as others, but the key different
is that they should be relatively cheap and maintain the quality. It is through the incorporation
of the new technology to be much efficient in the production process. Some customers have
been having a hard time in purchasing Samsung products due to the high cost. Well, the
goods are of high quality, but then there should be some means to serve customers much
better to their satisfactory.
2. The objective of the activity is to ensure that customers are able to have good access to
Samsung products. In addition, it will increase customer satisfaction, which is a primary goal
in the business. As a consequence, there will be profit maximization.
3. Those in managerial positions should participate towards the achievement on this
innovative activity. The reason associated to this because they are the one who are

Sign up to view the full document!

lock_open Sign Up
Showing Page:
3/5

Sign up to view the full document!

lock_open Sign Up
End of Preview - Want to read all 5 pages?
Access Now
Unformatted Attachment Preview
Running head: BUSINESS PROCESSES AND STRATEGY Business Processes and Strategy Name: Institution Affiliation: 1 BUSINESS PROCESSES AND STRATEGY 2 Part 1: Innovation activities Samsung is a multinational company that is located in South Korea, and its headquarters are in Samsung Town. It is composed of a number of subsidiaries as well as affiliated businesses, where most of them are amalgamated under Samsung brand. It is the largest company in the world, mainly concerned with the production of electronics (Jeston & Nelis, 2014). Innovation is the process by which ideas are translated to producing services as well as goods that later are paid for by the consumers. According to Job (2003), Apple CEO said that for one to be able to come up with many interesting ideas, that would continue to innovate for a couple of years, they need discipline in all that they do. Great innovation is not experimented in the laboratories; it is otherwise multidisciplinary and requires critical thinking. 1. In my selection, I decided to describe more on the innovation activity that there be some kind of production of electronics that serves the same purpose as others, but the key different is that they should be relatively cheap and maintain the quality. It is through the incorporation of the new technology to be much efficient in the production process. Some customers have been having a hard time in purchasing Samsung products due to the high cost. Well, the goods are of high quality, but th ...
Purchase document to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Anonymous
I was having a hard time with this subject, and this was a great help.

Studypool
4.7
Indeed
4.5
Sitejabber
4.4

Similar Documents