A Group Power Point Presentation on CBM2-Chapter 3 Activity

A Group Power Point Presentation on CBM2-Chapter 3 Activity.

5.2. What is Samsung’s successful global strategy Last decade? Can that strategy be as successful in 2016?.

Samsung’s successful global strategy summary in the last decade..

Based on the summarized Global strategy of Samsung in the last Decade, it will also be an advantage to used in the year 2016. Samsung is still in the market’s list because the innovations and developmet as well as their marketing strategy is well performed. The strategy made by the company make it through the trends. Their development, marketing and strategic team is on unity making their brand not to lose the spot in the market as other brands arises. Samsung go along the current technological trends making it still performing for the market and customers..

5.3. What is the vision statement of Samsung?.

VISION. To inspire the world with our innovative technologies, products, and design that enrich people’s lives and contribute to social prosperity by creating a new future..

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Yes, mission statement components vary in importance depending on type of business. For Samsung versus Singapore Airlines, their relative importance vary because these two has different type of business and product. The Samsung is all about technology and it follows a simple business philosophy: to devote its talent and technology to creating superior products and services that contribute to a better global society..

On the other hand, Singapore Airlines is a global company dedicated to providing air transportation services of the highest quality and maximizing returns for the benefit of its shareholders and employees..

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https://www.fond.co/blog/best-mission-statements/ "To connect the world's professionals to make them more productive and successful" -LinkedIn.

5-12. Only the fairytale ends with a “they lived happily ever after.” What is the relevance of this statement to the concepts vision and mission statement?.

Strategists develop vision and business mission statements only when the organization is in trouble. Of course, it is needed then. Developing and communicating a clear mission during troubled times indeed may have spectacular results and even may reverse decline. However, to wait until an organization is in trouble to develop a vision and mission statement is a gamble that characterizes irresponsible management.

According to Drucker, the most important time to ask seriously, “What do we want to become?” and “What is our business?” is when a company has been successful: Success always obsoletes the very behavior that achieved it, always creates new realities, and always creates new and different problems. Only the fairy tale story ends, “They lived happily ever after.” It is never popular to argue with success or to rock the boat. The ancient Greeks knew that the penalty of success can be severe..

5-14. List the Nine mission statement components. Give an example of each components for your college or university.

1. Customers—Who are the firm’s customers?. 2.Products or services—What are the firm’s major products or services?.

6.Philosophy—What are the basic beliefs, values, aspirations, and ethical priorities of the firm?.

Mission Statement example for a University that includes the Nine Components of Mission Statement..

position the company in the market competition map. What sets your company apart from competitors? Why should stakeholders prefer your company? How do you do it? This is your way of answering the two questions above. Then, it helps if you answer to determine what capabilities and resources you need and should build on..

Define what the organization is and what the organization aspires to be..

In order to achieve your mission as an entrepreneur in a small retail store and to be productive as it is the point of setting your mission. It is important to be specific in its own strategies, achievable depending on the available asset of your business and should be clear to be understood by every production in the business..

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