Description
Write a 1,050-word report on Samsung.
- Establish Long-term Goals and Objectives
- Strategy Formulation.
- Indicate the markets that the company will pursue.
- Specify the unique value the company will offer in the selected markets.
- Discuss the resources and capabilities that are required.
- Analyze how the company will capture value and sustain competitive advantage over time.
- Business Management Strategy
- Consider Cost and Differentiation Advantages.
- Describe the Corporate Strategy.
- Investigate Vertical Integration.
- Describe Strategic Alliances.
- Detail the Company Competitive Advantage.
- Generate an Organizational Chart of the company you selected.
Cite at least 3 scholarly references.
Format your paper consistent with APA guidelines.
Explanation & Answer
Attached.
Outline
Introduction
Body
Conclusion
Running head: SAMSUNG REPORT
1
Samsung Report
Name of student
Name of course
Name of affiliated institution
Instructor’s name
Date
SAMSUNG REPORT
2
Samsung Report
Long-term Goals and Objectives
Samsung is one of the companies whose success can be attributed to proper strategies and
management. Not many years ago, this company was one of those struggling to introduce its
devices in the competitive smartphone and electronic market. Brilliant goals and objectives have
enabled the firm to slowly develop through the years to stability and a great market share. The
success of the company can be witnessed in its established position in telecommunications and
hardware industry with worldwide companies.
Strategy formulation
The operational process needs a strict guideline and values to base their goals and
expectations on. Strategy formulation in this company is aimed at ensuring the success of the
company in the industry dominated by vibrant manufacturers. The process of strategy
formulation involves choosing appropriate actions that will perpetuate the success of its goals. It
is essential to come up with frameworks for the anticipated results of every activity that the
company partakes. The framework is useful because the process involved a professions market
research and benchmarking. Strategy formulation enables the organization to consider the
changes in the industry and make suitable goals.
Indicate the markets that the company will pursue
Samsung serves a range of digital market with its variety of electronics. As a technology
giant, the company pursues a global market in which it is already established with loyal
SAMSUNG REPORT
3
customers because of the quality brand. However, Samsung does not make electronics alone, its
production is diversified which means that it has to pursue specific markets depending on the
type of goods and services being distributed. In 2...
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