Finance Essay

1621 Words Jul 13th, 2014 7 Pages
1. Introduction

On 1st of March 1938, founding chairman Byung-Chull Lee started a business in Taegu, Korea and focused on trade export, selling dried Korean fish, vegetables, and fruit to Manchuria and Beijing. In little more than a decade, Samsung which means "three stars" in Korean would have its own flour mills and confectionery machines, its own manufacturing and sales operations. In 1969, Samsung-Sanyo Electronics established which renamed Samsung Electro-Mechanics in March 1975 and merged with Samsung Electronics in March 1977).
In the 1970s, Samsung laid the strategic foundations for its future growth by investing in the heavy, chemical and petrochemical industries. Another burst of growth for Samsung, came from the growing
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Besides, Samsung Bioepis entered into the development and marketing partnership with Merck of the US.
Samsung as a small export business which has grown to become one of the worlds are leading electronics companies, specializing in digital appliances and media, semiconductors, memory, and system integration. Today Samsung's innovative and top quality products and processes are world recognized.

2. Sun Zi’s Art of War Theory
These five factors are moral influence, the weather, terrain, generalship, and doctrine and law.

Moral influence refers to measures and policies that align the people with the sovereign so as to be in complete agreement and harmony with each other.In this way, the people will be prepared to co-exist with as well as die for the sovereign without any fear of dangers.
Weather refers to the contrasting changes of night and day, the coldness of winter and the heat of summer, and seasonal changes.
Terrain refers to whether the route to be taken is long or short, whether the ground is treacherous or safe, wide or narrow with regard to ease of movement, and whether the ground will determine the death or survival (of an army).
The generalship of a commander refers to his qualities of wisdom, trustworthiness, benevolence, courage and discipline.
Doctrine and law refer to organization and control, management systems and procedures, and the command and control structure for the

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