(Mt) – MGT401 Strategic Management Environmental Worksheet

FIND A SOLUTION AT Academic Writers Bay

Kindly review the work.Description of the company ‘X’-It is a company from your choice;From real national or international market;-It is publicly traded company;-Produces and commercializes more than one product;Sufficient information about the strategies of the company, its functions andproduct lines are available;This company should have at least one partnership with other company (es)(alliances, joint venture, arrangement…).-Assignment 1: Part 1 of projectEnvironmental scanning #038; strategy formulationLearning outcomes:1. Understand the basic concepts and terminology used in Strategic Management. (Lo 1.2)2. Identify opportunities and threats as well as strengths and weakness in the operatingenvironment of hypothetical and real-world organizations (Lo 2.9)3. Understand issues related to strategic competitive advantage in organizations (Lo 2.2)4. Identify appropriate strategies for different situations (Lo 3.1).Assignment Questions1. Briefly present your selected company (name, industry, nationality,location, size, activities, products…) (Max 200 words).(0.5 mark)Answer:Description of SamsungSamsung Electronics Co. Ltd is currently the world’s second-largest companythat manufactures and sells electronic components. It is a South Korean conglomerateorganization with its headquarters at Samsung Town, Seoul. This company wasfounded by Lee Byung-Chul in the year 1938 as a trading post and expandedgradually into an electronics manufacturer (Ruiz, Restrepo, Lopez, #038; Kee, 2020). Inthe year 2000, Samsung launched the Galaxy S series of smartphones, which becameone of the best-selling smartphones globally and its most-praised product. Presently,Samsung is crowned the number one consumer electronics brand globally and isacknowledged for its evolutionary development in digital media technology.In terms of its size, Samsung recorded a total of 287,439 employeesworldwide in the year 2019. In the same year, Samsung’s market share of theinternational smartphone market was estimated at approximately 22 percent. Thelarge market share is attributed to the 80 companies that Samsung comprises.Samsung diversifies in many activities such as consumer and industry electronics,construction, financial and medical services. However, most of its operations are inconsumer electronics products such as TVs, mobile phones, memory chips, andwashing machines. Besides, Samsung is also one of the chief suppliers of electronicproducts like semiconductors, chips, and hard drives to large companies such asApple, Nokia, and Sony.2. Determine the opportunities, threats, strengths and weaknesses of yourselected company by completing the SWOT matrix in the answer sheet.(1 mark)Opportunities–InvestinginHRmanagement.Introducinginnovativeproducts.The growing market formobile devices, especially indeveloping countries.Expandingtheonlinemarket from sales channels.Providing 5G technology.Threats-Rise of counterfeiting ofSamsung products.-Impending court cases.-Legalandregulatorythreats.StrengthsIt’s the most prosperouselectronics manufacturerglobally.competitionfrom competitors.–IncreasedEconomic uncertainty.Weaknesses-It depends massively onthe American Markets.–It has remarkable researchand design capacities.Has well-establishedrelationships with retailersin Europe and UnitedStates.It retains a stronghold in theAsian market.It’s an award-winningbrand.It contains environmentallyfriendly innovations.–Presence of decrease insmartphone sales since2017.Several product failures.Cases of bribery scandals.Fierce competition fromApple.3. Does your selected company have social responsibility? If yes, discuss itsimpact o…

Order from Academic Writers Bay
Best Custom Essay Writing Services


Why Choose Us?

  • non-plagiarized Papers
  • 24/7 /365 Service Available
  • Affordable Prices
  • Any Paper, Urgency, and Subject
  • Will complete your papers in 6 hours
  • On-time Delivery
  • Money-back and Privacy guarantees
  • Unlimited Amendments upon request
  • Satisfaction guarantee

How It Works

  • Click on the “Place Your Order” tab at the top menu or “Order Now” icon at the bottom and a new page will appear with an order form to be filled.
  • Fill in your paper’s requirements in the "PAPER DETAILS" section.
  • Fill in your paper’s academic level, deadline, and the required number of pages from the drop-down menus.
  • Click “CREATE ACCOUNT ; SIGN IN” to enter your registration details and get an account with us for record-keeping and then, click on “PROCEED TO CHECKOUT” at the bottom of the page.
  • From there, the payment sections will show, follow the guided payment process and your order will be available for our writing team to work on it.

About AcademicWritersBay.com

AcademicWritersBay.comnbsp;is an easy-to-use and reliable service that is ready to assist you with your papers 24/7/ 365days a year. 99% of our customers are happy with their papers. Our team is efficient and will always tackle your essay needs comprehensively assuring you of excellent results. Feel free to ask them anything concerning your essay demands or Order.

AcademicWritersBay.com is a private company that offers academic support and assistance to students at all levels. Our mission is to provide proficient andnbsp;high quality academic servicesnbsp;to our highly esteemed clients. AcademicWritersBay.com is equipped with competent andnbsp;proficient writersnbsp;to tackle all types of your academic needs, and provide you with excellent results. Most of our writers are holders ofnbsp;master's degreesnbsp;ornbsp;PhDs, which is an surety of excellent results to our clients. We provide assistance to students all over the world.
We provide high quality term papers, research papers, essays, proposals, theses and many others. Atnbsp;AcademicWritersBay.com, you can be sure ofnbsp;excellent gradesnbsp;in your assignments and final exams.

error: Content is protected !!