Samsung Group of Strategic Management Essay Example | Topics and Well Written Essays - 2750 words

Samsung Group of Strategic Management - Essay Example The analysis provides a detailed description of the potential events for the future competitive environment as it is facilitated by the intensive innovation in the industries that Samsung Company operates. The analysis is concluded through outline the potential strategies that should be considered by Samsung and providing a detailed description of the three major strategies that should be implemented. According to the paper Samsung is a multinational company from South Korea that comprises of dozens of subsidiaries business that operate under the brand. Samsung was established in the year 1938 and its current operations are experienced globally. The most notable Samsung subsidiaries include Samsung Electronics and are considered the leading brand in the information technology. Samsung Company operates in a very competitive environment making it an ideal company to enhance the analysis for the project. The internal environment represents the events and factors that are within a company, which create an influence in the operations. The internal environment can also be referred as the micro-environment for a given company. The analysis of the internal environment focuses on the weaknesses and strengths that are exhibited within the domain of a company. The evaluation of the internal environment helps in understanding the competitive factor within the industry through analysis of the weaknesses. Also, it helps in understanding the improvement that can be facilitated by the strengths of the company. The other major factors that are considered in the analysis of the internal environment are the leadership style, the company’s culture, and the company’s mission statement. The analysis of the current internal environment of the Samsung Company can be evaluated by the understanding of the strengths and weaknesses within the company’s domain.