Samsung Electronics Current and possible future company state

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nsebchax

Business Finance

Description

Now you will take a look at the company you have chosen and describe the current and future state.

Section 4 Current State
You need a deeper explanation of the current state. You already identified the overview, SWOT, and area for improvement. Now a key step in improving any process is to understand the current state thoroughly. Complete a 2-3 page paper that outlines the current state.

Section 5 Future State
In this section, you should present a vision of how the ideal for your company should look There is more than one possible future state so you must analyze, evaluate, and synthesize perspectives; via reading which can balance multiple competing viewpoints and these should be presented in a professional manner. This should include information from at least three clearly identified viewpoints. This section should be 1-2 pages.

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Explanation & Answer

Attached.

Running Head: SAMSUNG ELECTRONIC CURRENT AND FUTURE STATE

Samsung Electronic Current and Future State
Name
Institutional Affiliation

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SAMSUNG ELETRONICS CURRENT AND FUTURE STATE

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Current State
In terms of financial statements, Samsung has registered an increase in operating profit to
$12.6 billion by June 2017. The increase in profit can be attributed to the introduction of
Samsung Galaxy S8 smartphone and the rising demand for memory chips. The profit realized by
the company in the second quarter supersedes the profit realized by its main rifle Apple
Company (Reisinger, 2017). Even though the company registered a growth in operating profit,
the company is struggling with reputation. The company is currently trying to build its name
after an embarrassing recall last year of its Galaxy Note & smartphone because its battery was
reported to be exploding.
In terms of organization structure, Samsung currently has established more than 15
regional headquarters and 54 global sales offices in the world. The expansion of business to other
regions can be attributed to the high demand for Samsung products in various part of the world.
In terms of visual display, Samsung is curren...


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