...BUSINESS ETHICS AND CSR IN THE CONTEXT OF SAMSUNG ELECTRONICS 1.0 Introduction In the 21st century of business, there are number of factors apart from the financial figures that play a vital role for the success story of the business corporations. These factors include the culture adopted by the business, philosophy of the management of the company, code of ethics and standards followed by business. The presence of all of these factors in the business’s ethical guidelines has a significant impact on the ability of the business organisations to perform well on the long term basis. In this report the Samsung Electronics’ ethical issues are studied along with the importance of the business ethics and Corporate Social Responsibility (CSR) practices adopted by the business organisations. The upcoming sections of this report present information about the meaning and importance of business ethics which is followed by the description of the violations of the ethical issues by the Samsung Company and the also the role of Samsung management in promoting CSR and overcoming ethical issues. 2.0 Meaning of Business Ethics The primary objective of each and every business organisation is to run business for the purpose of profit as well as the maximisation of owners’ wealth. Profit can be maximized by selling goods and services at reasonable prices and as far as wealth is concerned this can only be maximized if business follows the required ethics. The term business ethics...
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...La marca Apple como un ejemplo del éxito de un modelo de marketing e internacionalización En años recientes, un nuevo fenómeno ha entrado en nuestro estilo de vida, y ha cambiado la manera en que hacemos cosas en la vida cotidiana, que se llama la tecnología. El desarrollo de la tecnología ha producido un impacto tan masivo, que las compañías han tenido que adaptar sus productos para que no se tornen obsoletos con rapidez. La marca Apple ha entendido esta transformación y por ello, ha lanzado productos novedosos que atraigan más a la gente. En este ensayo, hablaré sobre las medidas que Apple está usando para convertirse en una marca que ha logrado un éxito rotundo. Primeramente, tenemos que considerar los factores del marketing que Apple utiliza. Hay evidencia de que Apple se ha concentrado en el aspecto de 'producto' y eso se puede observar en sus productos de lujo y alta calidad que tienen características que ningún otro objeto poseía. Por ejemplo, su estilo compacto es una herramienta que en mi opinión, es su principal diferenciador. Tal es el caso del iPhone, con el cual las posibilidades de lo que podemos hacer con sus aplicaciones en solo un objeto son infinitas; llamar, jugar, escribir, navegar por Internet. Por esta razón, podríamos decir que Apple fue la empresa que aprovechó de la oportunidad de lanzar una nueva marca al mercado y posteriormente, la compañía se dio cuenta que la gente pagaban más dinero con el afán de poseer sus productos en lugar de los...
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...compañía de tecnología ha distribuido su primer dividendo desde el año 1995. Este dividendo representaría unos 2.500 millones de dólares. El julio del año pasado, la administración de la compañía acepto la propuesta de ofrecer un dividendo de 2,65 dólares por cada acción de las 973 millones con las que cuentan. Este dividendo, el primero en 17 años, será distribuido trimestralmente. La estrategia de la gigantesca compañía es promover la compra de acciones que perdieron tras el fallecimiento del cofundador, Steve Jobs. Aquellas acciones que perdieron estarían valoradas en 10.000 millones de dólares. Dicho dividendo se estima distribuirse hasta al menos el año 2015. Así mismo, según información revelada a causa del litigio de Apple contra Samsung en base a patentes, se han causado rumores de que en el 2015 Apple podría lanzaría su iCar. El carro de Apple tendría una computadora abordo, la asistencia de Siri, y una cámara que analizaría los gestos del conductor para detectar señales de cansancio. De esta misma manera, la información como la velocidad, el kilometraje, el estado de los fluidos y demás, serán proyectados en el parabrisas. Los espejos laterales del carro también contarían con cámaras que anularían los ángulos muertos y los puntos ciegos y la carrocería estaría fabricada con materiales especiales. Más aún, después de unas semanas duras para las acciones de Apple, se ha empezado a ver un alza en el precio de las acciones ya que hay rumores que aseguran que el 12 de setiembre...
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...En este trabajo presentare no solo una empresa si no varias empresas que fracasaron por varias causas. SEGA Una de las más grandes compañías de videojuegos de la historia. Durante años la compañía japonesa nos ofreció consolas increíbles y juegos que se convirtieron en clásicos. La Megadrive fue la consola favorita de toda una generación, pero ahí acabó su reinado, compartido durante años con Nintendo. En este casi faltó analizar el producto e innovarlo con tiempo. En 1994 lanzó su consola de 32 bits, la Sega Saturn. Pese a la gran acogida que tuvo en Japón, la Saturn tuvo unas ventas menores en el resto del mundo. La llegada de la Sony Playstation y decisiones equivocadas en cuanto al hardware. La Saturn era una buena consola, pero era demasiado difícil programar para ella (debido a sus dos procesadores) con lo que la Playstation le acabó por robar a los usuarios, que se decantaron por los juegos de la gris de Sony, que vendió 100 millones de consolas frente a solo 10 por parte de Sega. Para enmendar su error, en 1999 Sega sacó la que probablemente fue su mejor consola, la Dreamcast. Una máquina potente, con multijugador online y un catálogo de juegos espectacular. Pese a vender 36 millones de unidades, tampoco funcionó. La fama que había ganado Sony con su Playstation hizo imposible remontar a tiempo y en 2001 la compañía anunció oficialmente que renunciaba a seguir fabricando consolas para dedicarse en exclusiva al software. Pese a que ahora desarrolla juegos con bastante...
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...La estrategia de Google en el 2010 Introducción La tecnología cada día está más inmersa en nuestras vidas, desde el modo en comunicarnos, trasportarnos, trabajamos, etc. Y una empresa ha sido junto a otras un pilar esencial en el desarrollo de software, hardware y demás tipo de tecnología, esta empresa tuvo inicio en el año 1996 donde Larry Page y Sergei Brin estudiantes de posgrado de la universidad de Stanford decidieron empezar con Back Rub que luego se convertiría en Google Inc. Back Rub sería un nuevo buscador en el internet y buscaría ser una nueva opción para competir a otros buscadores como Altavista, para 1998 se cambió a su actual nombre Google y ya había logrado reconocimiento y había varios interesados en invertir en el buscador, los jóvenes de Stanford nunca se imaginaron el potencial que su nuevo buscador tenia. Desarrollo Desde 1998 cuando la empresa empezó a trabajar con el nombre de Google el crecimiento de esta fue inmenso empezando con un inversionista que ofreció 100 mil dólares hasta en mediados del 99 cuando otros inversionistas aportaron 25 millones de dólares y la revista PC Magazine coloco a la compañía en su lista de “Los 100 sitios web o buscadores líderes de 1998” También en 1999 fue cuando la compañía logro su primer gran cliente con Red Hat y para el 2000 la compañía estaba consolidada como uno de los principales buscadores de la web además que ya tenía opción de conexión inalámbrica, 10 idiomas y su propia barra de herramientas, los años...
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...BY VARUN MALHOTRA SEC-H 11BSPHH010930 PROJECT ON PLACE & PROMOTION, C.S.R, SOCIAL MEDIA OF Place Strategy of Samsung The place strategy of Samsung is of three types: * It follows intensive distribution. * It follows selective distribution. * It follows exclusive distribution. The place strategy also includes * 24 state level distribution offices * Direct Dealer interface * Regional dispatch centers(RDC) Distribution System * One level channel * Two level channel * Shop-in-shop * Exclusive Showrooms * Sales and Service network all-over the India. Distribution Network Original equipment manufacturer/vendor or supplier Factory Regional Distributing Centre Direct Dealer Branch Warehouse Modern retail/ Exclusive stores & Samsung digital plazas Distributor Sub- Dealer Consumer/ Customer In India, apart from a lot of multi brand outlets, Samsung has a lot of flagship stores- which sell a wide range of Samsung products from mobile handsets, kitchen appliances to televisions. In this context it’s interesting to see Samsung explore all the more new avenues like opening a Smartphone Café. Promotion Strategy * Sales Promotion The main objective of sales promotion is to induce new customers to purchase as well as to keep attracting existing customers by providing special incentives to them. Offering discounts coupons displays and demonstration would help in increasing...
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...certain events. Setting unrealistic goals, inadequate contract details, inflexible contracts, outsourcing products critical to their competitive position, inadequate management review and having limited knowledge and understanding of the supplier’s process. One of the most important reasons behind the failures is the outsourcing company’s inability to comprehend existing scope of work and have a clear vision of the task to be achieved which leaves them unprepared for future contingency problems. Samsung Outsourcing Model Samsung Electronics Company - headquartered in Suwon, South Korea is a South Korean multinational electronics and information technology company. Samsung Electronics has been the world’s largest IT Company by revenues since 2009. It deals with the manufacturing of Televisions, Cell Phones, Flash Memories, DRAM Chips, MP3 players, DVD Players, Refrigerators, Microwave Ovens, etc. Samsung is both in the chip market as well as in the consumer electronics market. Samsung is the number one global manufacturer of...
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...As we know Samsung is one of the most wide spread and well known companies in the world. With its destination and wide range of production segments Samsung is establishing its ownership globally. But in other hand, macro-economical factors such as pressure from competitors, innovations of new type of technologies, customers demand and many others is tackling Samsung company to survive in the turbulence. Managers and marketers of Samsung have successfully been doing their job to promote the business. They used unique techniques to survive and to lead their brand forward, such as Samsung created lots of production segments (smart phones, Tablets, TVs, household equipments and so on) they made their goods available to everyone by selling in premium prices. They opened their doors and contracted with many well known corporations. There are some more ways to improve efficiency of the business. Let’s look each of them in detail: 1. In order to be globally successful, Samsung should use and develop marketing strategies by taking into account its strengths, weaknesses and availability of resources. It’s been too long for Samsung company to come this position, however, to reach their objectives they need to never stop “fighting”. 2. The company should try to develop product which global consumers could identify easily from competitors one. We can take the best example of “Apple” goods. Each person can recognize Smartphone - “Iphone” without any difficulty. 3. Identify...
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...- Aumentar Duración de las Baterias Li-Ion Teléfonos Móviles - Este método es para aquellas baterías de los móviles que con el paso del tiempo se han ido deteriorando y cada vez os duran menos. Lo he probado con un Samsung Galaxy ACE, un móvil muy común, y ha funcionado a la perfección. Este metodo consiste en Congelar la Bateria: 1º. Descargar COMPLETAMENTE la Bateria. 2º. Envolver la bateria en bolsas hermeticas para que no le entre la humedad. 3º. Meter la Bateria al congelador durante 30 minutos. No metais la Bateria a un congelador con mas de -40º porque reventaria. 4º. Sacar la bateria y esperar a que se descongele 2 horas. 5º. Ponerla a cargar durante 5 horas. 6º. Realizar un ciclo de Carga y Descarga COMPLETOS. Explicación: Todos sabemos que el calor altera las propiedades de los elementos y expande los materiales, también sabemos que el frio contrae los elementos, es decir tanto cargar y descargar la pila va alterando su composición física entonces al poner frio y contraer los elementos de alguna forma vuelve casi a la normalidad, si a esto sumamos que el frio produce hidrogeno, las pilas de litio se recuperan milagrosamente. Hecho esto la bateria recuperara Gran Parte de su Capacidad. Si no sabéis si os merece la pena hacerlo aqui traigo resultados: < < < RESULTADOS > > > » ANTES (DURACIÓN: 4 - 6 Horas): * WiFi: ON * BlueTooth: OFF * GPS: OFF * Sincronización Automática: OFF * Pantalla: Brillo 25% ...
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...several foreign companies from selling consumer electronics in South Korea in order to protect Samsung from foreign competition. The Samsung Way :- It thrives in low-margin consumer electronics. It favors hardware over software. It's still a conglomerate that makes everything itself. Samsung Electronics has already taken giant steps from its early days as a copycat appliance manufacturer. Now, as a consumer electronics behemoth, it has expanded beyond South Korea and the nation’s industrial, conglomerate-run shipyards, steel mills and auto plants. In the past decade, Samsung Electronics has rocketed past Sony Corp. as the largest maker of flat-panel TVs. It has edged out Hewlett-Packard Co. in color laser printers that scan, fax and copy. It’s also the biggest in other technology-dependent areas such as liquid-crystal-display TVs and computer monitors. No. 2 in mobile phones, Samsung is pushing the Galaxy S smartphone to challenge Apple Inc.’s iPhone and narrow the gap with leader Nokia Oyj. Samsung claimed a 22 percent global mobile-phone share in the first quarter, up from 14.4 percent in 2007, when it overtook Motorola Inc., market researcher Strategy Analytics says. All of this gear has helped Samsung Electronics quadruple annual revenue to 139 trillion won ($116 billion) in the 10 years that ended in 2009. During that time, Samsung Electronics shares rose 10-fold. Samsung Electronics, which supplies 60 percent of its parent’s revenue, will probably invest about 9...
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...What Is Business Environment? Meaning: - The term Business Environment is composed of two words ‘Business’ and ‘Environment’. In simple terms, the state in which a person remains busy is known as Business. The word Business in its economic sense means human activities like production, extraction or purchase or sales of goods that are performed for earning profits. On the other hand, the word ‘Environment’ refers to the aspects of surroundings. Therefore, Business Environment may be defined as a set of conditions – Social, Legal, Economical, Political or Institutional that are uncontrollable in nature and affects the functioning of organization. Business Environment has two components: 1. Internal Environment 2. External Environment Internal Environment: It includes 5 Ms i.e. man, material, money, machinery and management, usually within the control of business. Business can make changes in these factors according to the change in the functioning of enterprise. External Environment: Those factors which are beyond the control of business enterprise are included in external environment. These factors are: Government and Legal factors, Geo-Physical Factors, Political Factors, Socio-Cultural Factors, Demo-Graphical factors etc. It is of two Types: 1. Micro/Operating Environment 2. Macro/General Environment Micro/Operating Environment: The environment which is close to business and affects its capacity to work is known as Micro or Operating Environment. It consists of Suppliers...
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...3.0 Internal Environment of Samsung 3.1 Resources 3.1.1 Tangible resources In 2009, Samsung Electronics has reached $ 110.2 billion market capitalization, for the first time beyond Intel, the world's largest semiconductor manufacturer revenue, Samsung in 2009 to $ 117.8 billion in annual sales, revenue has surpassed HP as the world's largest electronics company, is the world's first two big chip plant, second in size only Intel 2008 is to have up to 21 products in the world market share in the market up to the first supplier. 3.1.1.1 Financial resource Through financial analysis of Samsung, we can see that it is now in a strong financial position. As the data shows, Samsung has high amount of total assets and net sales .Although its debt isn’t in a very low level, its net income still keeps growing, reaching to13.8 billion dollars in 2009. Organizations in such a strong financial position can be more responsive to new opportunities and new threats. 3.1.1.2 Technological resource Innovation is crucial to Samsung's business. As new technologies are being constantly introduced to the market, speed is essential for remaining competitive in today's digital era. In case of that, Samsung’s R&D centers are set up all over the world. The R&D network spans six Samsung centers in Korea and 18 more in nine other countries, including the United States, the United Kingdom, Russia, Israel, India, Japan and China, as well as other research centers and universities. These centers are tasked...
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...Introduction: Samsung Electronics is a multionaltional electronic group located in Sowon, South Korea, and is one of the largest electronic groups in Asia. Samsung was created in 1969, as a division of the mammoth Korea cheabol Samsung Group established by Byung-Chull Lead in 1938. It was established as a means of getting Samsung to grow into the television and consumer electronics industry. The first product that was made by the division was a balck and white television that was created and began selling in early 1970. From then on Samsung Electronics gradually developed a diverse lineof consumer electronics that was sold domestically and, later begain its exports. The company also began branching our to into color television and, laterinot a verity of consumer electronics and appliances. By the 1980s Samsung begain to expand its product line by brancing out into color television and various house hold appliances. The company operates within four major divisions including Digital Media, Semiconductors, Information and Communications, and Home Appliances. Product and services: Samsung operates under four divisions including digital media, semiconductors, information and communication, and home appliances. Channels of distribution: Samsung uses many different distribution channels to deliver their products to consumers. These products are delivered via the retail setting, and include electronics, chemicals, and engineering services. Promotional efforts: Money...
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...Welcome to the Samsung Global Strategy Group I. Samsung Overview II. Introduction to the Global Strategy Group (GSG) III. GSG & You IV. Korea & Seoul I. Samsung Overview I. Samsung Overview (Revenue & Global Presence) Fast growth and vast global footprint Samsung Group Revenue ※ Billion US Dollars Global Operations 318 369,000 employees worldwide 510 offices and facilities in 79 countries 141 87 226 Electronics 80 Samsung 22 1997 2005 2012 4 I. Samsung Overview (Leading Products) 5 I. Samsung Overview (Leading Products) 6 I. Samsung Overview (Brand Value) Samsung ranked 9th among global companies in 2012 7 I. Samsung Overview (Total 29 Affiliates Companies) The Samsung Group consists of many different business units Electronics Industry Electronics Engineering & Heavy Industry C&T Corporation Engineering Financial Services Life Insurance Fire & Marine Insurance Samsung Card Securities Asset Management Venture Investment Chemical Cheil Industries Inc. Petrochemical Fine Chemicals BP Chemicals Total Other Companies Cheil Worldwide Everland Inc. The Shilla Hotels & Resorts Economics Research Institute S1 Corporation Medical Center BioLogics SDS Heavy Industries Electro-Mechanics Techwin SDI Display Corning Precision Glass Bioeps 7 Affiliates 3 Affiliates 6 Affiliates 5 Affiliates 8 Affiliates 8 I. Samsung Overview (SEC Biz. Division) HME : Health Medical...
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...Preface This report investigates how Samsung was able to build a competitive advantage in the global memory chip industry and what steps it should take to sustain its advantage in the face of the imminent threat of Chinese competition. Analysis of Samsung’s business strategy and competitive advantage Porter’s 5 forces model in Exhibit 1 is used to analyze the global memory chip industry and Samsung’s strategy to date. Samsung had become the dominant player in the global memory chip industry and was able to increase the gap from other competitors in terms of technology and market share by following the below strategy. 1. Aggressive investments in R&D The memory chip industry is technology driven. A significant investment is required in R&D at the product design stage. As illustrated in exhibit 1 Samsung Electronics had maintained its technology leadership by outspending its rivals in R&D by over 1.5 to 20 times from 1998 to 2003 (Exhibit 3), which was possible thanks to the Samsung group’s diversified portfolio that allowed it the take calculated financial risks. Since Samsung was able to create and maintain technology leadership it was able to earn a very high premium at the initial stages of a new product to recover its initial investment and if competitors began producing the same product it could aggressively lower prices to make it difficult for followers to stay in the competition. 2. Differentiation Faced with the challenge that the DRAM industry...
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