Case Study Of Samsung And Korea

Great Essays
1. Introduction

The company and country that has been chosen is Samsung and Korea. The purpose of this report is to show the a clearer information and clearer view of the company and country. The report will be taking about Company Background, Country Background, PESTLE Analyse, Porter’s 5 Forces, Strategric Recommendation and conclusion.

2. Company Background

The type of company is Public, it served worldwide, the key product is Samsung applications, Mobile Phone, Television and Camera Headquarter at Suwon, Gyeonggi Province, South Korea and they are one of the larger company in Korea.

3. Country Background
Korea is an independent country since 1945. After world war 2, Republic of Korea had be set up in the southern half of Korea. Now
…show more content…
As time goes, Government slowly change the employees law where more people that have lower qualification can work and earn money for the household this is where the unemployment Rates went down to 3.2%. The employees law will affect Samsung company because in the past if the government didn’t change the rule and people’s mindset on not hiring people that doesn’t have a qualification, Samsung company won’t have a huge impact on people daily life because when the company get bigger, company have to hire people for the to stand out and work for long hour to keep promote the product. This people stand out and work for long hour is people that have a lower qualification.

6) Being Green
Korea is generally being green in the country but in some way they are not being green because of the company’s electricity usage are getting higher the government have to raise the rate of utilities to 4.9% for industry user. The president mention that they are trying their best to be green but they say to the News that is really hard to be green. This will not have a huge impact when company don’t be green and product cannot sell well. But in the case, when everyone in the company help to do their part it will help the country (Ramstad,

Related Documents

  • Improved Essays

    Their culture is based on Confucius teachings. According to worldreligions.com, the ultimate goal for this religious belief is: social harmony. Based on this thinking Koreans center family relationships as its social ruling and this influences Koreans behaviors and attitudes. (Sung & Tinkham, 2005) Paternalism, as it is called, is a role that is acted out in the Korean business sector. Employers act towards their employees the same way a parent would to their children.…

    • 790 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Several years prior to 1997, Korea was enjoying a boom in its economy due to the hard work of its people and the increase of trade. In 1997 South Korea started to experience a decline in trade such as computer chips and other technological products. This decline is due to several factors. One of the factors includes bankruptcies of several major local companies. Another one of these factors includes the decline of a neighboring country, Japan.…

    • 647 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    South Korea is a prosperous, booming presidential republic located in Eastern Asia, boasting a population of more than fifty million. Known for its lush rolling and hosting one of the world’s largest cities, South Korea has become an extremely successful country due to gaining independence and assistance from fellow countries. As South Korea promotes freedom for its people, the United States of America has been valuable, much needed supporter. Not only has the U.S. helped South Korea through a terrible war, they have assisted them from evolving from one of the world’s indigent countries to a high-functioning first world nation.…

    • 1302 Words
    • 6 Pages
    Great Essays
  • Superior Essays

    The first Koreans that ever came to the U.S.A sought work as plantation workers in Hawaii because of the expulsion of the Chinese laborers. As of now, many South Koreans are still moving into the U.S for the same reasons their ancestors did in the 1900’s. The U.S. Economic Census of 1997 confirmed, “The rate of Korean business ownership is 71 percent higher than their share of the population, highest of all the major Asian ethnic groups.” (Chang) But why do the Koreans only focus on creating their own small companies?…

    • 1987 Words
    • 8 Pages
    Superior Essays
  • Improved Essays

    The Korean economy was much better way back when, then it is now. The Koreans mainly thrived off of China as China started to make their country mainstream. China took over Korea at one point but when the Chinese realised that the Koreans didn’t have much, the Chinese gave the Koreans their land back along with multiple benefits and considered it as a treaty. Before the events of the takeover, the Koreans mainly thrived off growing rice and fishing.…

    • 601 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    In the beginning, it was established that Japan that was in control of Korea from the annexation they made in 1910. April 1945 the Yalta Conference agreed to make a four power trusteeship for Korea near the end of World War two. Korea was split into two pieces, North and South Korea. The United States had control of the southern part of Korea below the 38th parallel, and the Soviet Union occupying the northern area. Later on in that year it was settled that the country would be reconnected and made an independent country after a five year wait.…

    • 1366 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    South Korea experienced a very notable growth period between the 1960s and 1990s, and still today remains one of the fastest growing developed countries. Much of this power and finesse in the markets has come from South Korea’s very rigorous education system and population of highly motivated and talented individuals. Because very few natural resources exist, South Korea established an export oriented economic strategy. in 2014, South Korea was the 5th largest exporter in the…

    • 915 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Park moves onto North Korean Economic Development and the Symbiotic Role of South Korea, where he explains the interrelations of both Koreas on commercial and trades. He mentions numerous summit meetings of both Koreas, including the ones in 2000 to 2004. Also he explains the role of Gaesong Industrial Complex(GIC), which would be a successful doorstep of aiding the North Korean economy through trades with South Korea. Considering South Korean firms locating in China being moved to North Korea, the economic cooperation would benefit both countries. Dr. Park then moves on to cooperation with China.…

    • 1050 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    Gerschenkron Case Study

    • 1843 Words
    • 8 Pages

    During the development period, the President wanted Korea to be economically independent from Japan and US and politically independent from the US. Hence, Korea ventured into heavy and chemical industrialization (HCI). It promoted HCI, old technologically dynamic industries and the electronics industry (Ibid). Their main priority was to make its local companies internationally competitive. In contrast, Taiwan’s model can be understood as a semi internationalist complementing model (Ibid).…

    • 1843 Words
    • 8 Pages
    Great Essays
  • Decent Essays

    Samsung Marketing Strategy Not too far ago, Samsung wasn't as popular as now. They struggled to keep up with the smartphone market, but now Samsung has progressed so much that they are the main competitor of the Apple Inc. Furthermore, Samsung is the largest tech business by revenue and seventh most valuable brands today. What helped Samsung to become an industry leading technology company, was the marketing strategy they applied. The Samsung marketing strategy was one of the most effective strategies ever created because it helped a cost-driven company to change its structure and become an authority manufacturer.…

    • 1200 Words
    • 5 Pages
    Decent Essays
  • Improved Essays

    Economic indicators The Korean government is very efficient. South Korea to play a large consortium, the resources concentrated in a few consortium who, the use of large to squeeze opponents, making Samsung, LG, modern technology and brands are among the world-class. South Korea on the panel, dram, the semiconductor industry to help them refine the investment overturned bend, China learned this (I said is learning to support dram, the semiconductor panel, not a consortium), so we are now the semiconductor industry is to play the panel National team, and vigorously foster, railway track enterprise also merged to the world competition. South Korea was actively promoting broadband penetration, increase speed, the Government invested heavily in…

    • 2093 Words
    • 9 Pages
    Improved Essays
  • Great Essays

    Korean entertainment companies focus on looks more than talents. IRS 12/4/2015 2E5 Toh Pei Shi (23) Content page Title, Abstract and introduction- Page 3 Main body…

    • 2116 Words
    • 9 Pages
    Great Essays
  • Great Essays

    Apple In China Case Study

    • 8011 Words
    • 33 Pages

    (Yaprak, 2012). 3. Case study Case analysis #2: Apple in China Background Apple Inc. is an American multinational corporation, which designs, manufactures and sells personal computers, consumer electronics and software, and provides related services. The company has experienced a tremendous growth from 2001 when it has introduced its iPod mp3 player (Jurevicius, 2013). Apple Inc. is considered to be the most successful electronics company in the world.…

    • 8011 Words
    • 33 Pages
    Great Essays
  • Improved Essays

    Samsung prides itself on having a workplace that is creative, innovative and empowering, as well as ethical and safe. The workplace environment is monitored by a compliance team. Their responsibilities include conducting preliminary reviews, on-site inspections and post-audit management. They also certify that all members are following the code of conduct. In short, they assess the workplace for safety concerns and make sure that all members are acting honestly and ethically (People 45-58).…

    • 933 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Samsung heads took the employees on a worldwide tour to make them see the world and become more open to it. So, they can think out of the box. Samsung did this because of the market. As a result to this, Market chooses Samsung as a winner from what is available. The market did not necessary choose the best.…

    • 1593 Words
    • 7 Pages
    Improved Essays