(Business Project) : Company Name:Samsung Adress
(Business Project) : Company Name:Samsung Adress
(Business Project) : Company Name:Samsung Adress
[This paper talks about major adoption barriers in mobile health by categorizing them
into consumer-oriented and provider-oriented barriers, finding commonalities, and
highlighting the fact that barriers from each group can relate to one another with a
feedback loop.]
Company Name:Samsung
Adress:Subhan Plaza:, Kotwali Rd, opposite
Kotwali Police Station،, Clock Tower,
Faisalabad, Punjab 38000
Samsung Authorized Service Center Faisalabad
New Malik Electronics
Lcd,Led,Camera,Bluray,Thearere, address
Phone: 0332 6160609
Subject: Business Project (Marketing) MKT-641
Submitted by: Haider Sultan
Project Submitted to: Dr. Muhammad Abrar
Roll No: 21708
Semester: 8th
Section: Marketing B
Session: (2017 to 2021)
Faculty of Economics and Management Sciences
Lyallpur Business School
Page 1
Introduction:
Samsung, South Korean company that is one of the world’s largest producers of
electronic devices. Samsung specializes in the production of a wide variety of
consumer and industry electronics, including appliances, digital media devices,
semiconductors, memory chips, and integrated systems. It has become one of the
most-recognizable names in technology and produces about a fifth of South
Korea’s total exports.
Samsung was founded as a grocery trading store on March 1, 1938, by Lee Byung-
Chull. He started his business in Taegu, Korea, trading noodles and other goods
produced in and around the city and exporting them to China and its provinces.
After the Korean War, Lee expanded his business into textiles and opened the
largest woolen mill in Korea. He focused heavily on industrialization with the goal
of helping his country redevelop itself after the war. During that period his
business benefited from the new protectionist policies adopted by the Korean
government, whose aim was to help large domestic conglomerates (chaebol) by
shielding them from competition and providing them easy financing.
During the 1970s the company expanded its textile-manufacturing processes to
cover the full line of production—from raw materials all the way to the end
product—to better compete in the textile industry. New subsidiaries such as
Samsung Heavy Industries, Samsung Shipbuilding, and Samsung Precision
Company (Samsung Tech-win) were established. Also, during the same period, the
company started to invest in the heavy, chemical, and petrochemical industries,
providing the company a promising growth path.
Samsung first entered the electronics industry in 1969 with several electronics-
focused divisions—their first products were black-and-white televisions. During
the 1970s the company began to export home electronics products overseas. At that
time Samsung was already a major manufacturer in Korea, and it had acquired a 50
percent stake in Korea Semiconductor.
Code of conduct:-
Preface:
Samsung Engineering (the “Company”) values integrity. We established this
Page 2
Information Protection:
● We strive to protect intellectual properties and trade secrets of all stakeholders
including
our clients and suppliers and comply with relevant laws.
● We strive to protect personal information of all stakeholders including our
employees and comply with laws relevant to personal information protection and
information security when collecting, storing, handling, sending and sharing
personal information.
Political Neutrality:
● We strictly comply with the Political Funds Act of Korea which prohibits
donation of political funds by corporate bodies or groups, and with other relevant
laws and regulations of the countries where we operate.
● We do not get involved in politics. We never offer political funds to anyone
including specific
political entities or parties for any purpose including lobbying or election campaign
activities.
Page 4
official decisions.
● We clearly disclose information about our business operation such as business
performances and progress of business activities to our stakeholders including
shareholders in accordance with relevant laws.
● We handle and report financial records in compliance with each relevant
country’s
accounting-related regulations or international standards.
Respecting Suppliers:
● We respect our suppliers when doing business with them. We do not make unjust
demands by using the Company’s authority and position.
● We support our suppliers’ effort to strengthen their competitiveness in various
ways
and strive to achieve mutual growth.
● Our personal interest does not affect our work. Our personal feelings or biases do
not
affect or obstruct our work.
● We select our suppliers transparently and fairly in accordance with the
Company’s
procedure.
Respecting Employees:
● The Company treats each employee with dignity and respect.
● The Company makes personnel decisions and treats employees according to fair
and reasonable criteria.
● The Company establishes necessary programs and provides opportunity for self
development and growth for employees who have sound ethical awareness and
who
fully perform their duties and responsibilities, in order to foster them into
autonomous
and creative talents.
Page 7
Human Rights:
● We respect human rights based on international organizations’ standards for
human rights and labor protection such as the Universal Declaration of Human
Rights, the UN Guiding Principles on Business and Human Rights and the ILO
Declaration on Fundamental
Principles and Rights at Work. We do not allow any behaviors that violate of
human rights.
● We guarantee the right of voluntary labor and prohibit forced labor by means of
mental or physical bondage such as slavery and human trafficking.
● We strictly prohibit child labor in all our business sites in Korea and overseas
and do not employ children or adolescents under 15 years old. Also, we comply
with all relevant local laws when legally employing minors, such as obtaining
requisite permission from parents or guardians, and we do not engage them in risky
or hazardous works.
● We comply with relevant laws of each country or region in regard to working
hours and wages. We comply with applicable laws with respect to the minimum
wage, overtime pay, social insurance, break time and holidays.
● We do not discriminate employees and applicants based on gender, race,
nationality,
religion, age, disability or marital status.
● The Company guarantees the freedom of association and the right of collective
bargaining. The Company does not place employees at a disadvantage just because
they joined, formed or engaged in a labor union,etc.
Duty to Comply:
● All employees must fully comply with the Code. Executives and managers are
responsible for guiding and managing the employees under their supervision to
ensure that they comply with the Code.
● Any violation of the Code must be prevented from recurring through clearly
identifying
the causes and provide training.
● Any employee that violates the Code is subject to consequences such as
disciplinary
Page 8
Organizational Structure:
Samsung Electronics Co., Ltd. and sister companies and subsidiaries form the
organizational structure of the Samsung Group. In this internal analysis, it is
illustrated that the corporate structure of the technology conglomerate is applied
throughout its operations. For example, the organizational structural characteristics
of Samsung Electronics are the same as the structural characteristics of the
conglomerate. This consistency in the corporate structure helps streamline the
company’s operations, especially in keeping its competitive advantages against
many aggressive firms, including Apple, Google, Sony, Intel, Dell, Acer, and
Lenovo.
1. Product-type divisions
2. Centralized corporate hierarchy
3. Geographical groupings
Page 11
1. Consumer Electronics
2. Device Solutions
3. IT & Mobile Communications
Strengths:
A strong global brand. It is the leading consumers electronics brand in the world.
The Quality is good .They promise the same quality and range world wide.
Its vision is leading the digital convergence resolutions. It means they want to be
the leader of the electronic items worldwide in order to get the good well as well.
A strong concept. They are offering good design , good quality as well medium
prices
Diversity product. Samsung products has based on diversity . It means they
manufacture same items in different way for the different kind of people for
different countries.
Page 16
Technology. Voice call is clear and reckoned by customers as having a good value
for their money; and the design of Samsung s electronics technology is very high.
We can order right quality at the right price.
Good reputation among customers.
Weaknesses
The global scale of Samsung operation means it has serious implication on its
management system. To control a business in just one location is easy but for a
worldwide operation is complicated and problematic.
Base on the double digit decrease of its operating profit against the other year, it
indicates that its operating cost had also went up by more than 20%. Its operation
had not been efficient enough to yield a good profit.
Samsung as a South Korean company is reckoned by most customer as only next
to any Japanese firm since Japan is always considered as a high tech country in the
world.
Opportunities
A business uses its strengths to take advantage of the opportunities that arise,
opportunities for Samsung are :
Increases mobile and computer market
International expansion.
Arrival of new technologies
A strong customer demand and good design.
Threats
Changing social trends: It is trying to build on line help to guide customer to a
more comfortable life. The online business and website promotion entails cost and
any change introduce needs improving staff competencies by training.
Strong competition: Samsung faces strong competition from the other Korean
company such as LG, KTF, SK aside from its foreign competitors like Sony
Panasonic.
New regulations and increased trade barrier.
Page 17
To conclude, the above Samsung PEST Analysis highlights the various elements
which impact its business performance
Samsung Biologic
Bio-healthcare products
Samsung Medicine
Ultrasound devices and other medical equipment
Renault-Samsung
Originally Samsung Motors, but acquired by Renault Group from the Samsung
Group in 2000. But the latter retains a minority stake of about 20 percent in
Renault-Samsung, and allows the use of the Samsung name by Renault as part of
an agreement.
.
Chapter # 7:Manufacturing Process OF SAMSUNG
Manufacturing Process:
Conceptualization:
Research:
Circuit Design:
Page 21
Samsung Electronics develops a prototype product for the trial purpose. However,
it is also noted that often hand-wired prototype products are used for the design
process.
Design Review:
Test Setup:
In order to ensure the quality of the products Samsung Electronics places the
apparatus, test procedures, detailed instruction of assembly as well as fixtures.
Documentation:
Agency Compliance:
Page 22
According to the current law and regulation, Samsung Electronics requires several
agency compliance s.
Following Up:
Samsung Electronics actively review the supporting data of products, user response
as well as experience of manufacturing facility. It is a major factor for improving
the lower cost, value, and quality.
Page 23
Page 24
Quality
Speed
Dependability
Flexibility
Cost
Operational performance of Samsung is described below,
preferences of the consumers. Those preferences are then incorporated into the
product design through a method that is known as “Quality Function Deployment.”
Samsung is trying to enhance the internal operations using six-stigma model. They
have adopted an approach called “DMAEV” that means define, measure, analyze,
enable and verify (Szeremeta 2013).
Samsung has implemented APS system in that helps their operating team to
develop a flexible production plan.
Samsung has implemented merit-based system that has allowed the high
performing employees to have a fast track career path (Lim 2016).
Samsung’s most of the components are manufactured in Korea that have helped
them to achieve the economy of scale.
They have developed a very comprehensive risk management system. Their risk
mitigation strategies are highly flexible.
Quality policy:
Samsung semiconductor (“Samsung”) has continuously enhanced the quality management
system to achieve the best quality in all products and services.
The quality objectives of Samsung’s are measurable and consistent with quality policies. Quality
objectives include key performance indicators by processes and joint quality improvement
projects with customers and suppliers.
Samsung makes every effort to achieve excellent and consistent product quality, and at the right
time to ensure customer satisfaction. In order to achieve this goal, Samsung continuously
improves productivity by controlling variations in various processes in a stable way. Continuous
improvement is implemented by a closed loop methodology consisting of a selection of critical
parameters, evaluation of the measurement system, monitoring of critical parameters, process
capability improvement, and reaction plan. The main purpose of the CIP activities is minimizing
the deviations from the target.
Certification
Quality standard certifications
Samsung has the world's best QMS based on international standards such as ISO 9001 and IATF
16949, and is continuously evolving to meet our customer requirements. Samsung manufacturing
domestic and overseas sites have acquired the ISO 9001 certification.
Conclusion:-
Samsung is a famous global company.It has manufactured electronics goods and
other concreat goods.It is a well known brand because of its service, excellent
employees, Innovative reliable product. A responsible approach to business and
global citizenship and globalization with partners and customers. Samsung is
taking the world in progressive direction for new generations. The mission of
Samsung is to be the best Digital electronic company.It comply s with low and
ethical standard cares environmental health and safety,Maintain a clean organized
culture value and respect to customer share holders ,stakeholders , employees and
socially responsible co- operative citizens. So It is trying to be the best brand in the
field of electronics materials in the world by improving its size , price quality,
capacity or power of the devices.
Page 28