Importance Of Technology In Samsung
The use of technological resources is a major aspect in acquiring success in a globally competitive era. Organizations are must keep abreast of these changes so as to be able to advance and adapt to guarantee that there will not be any negative implications. Stakeholders and managers must also do their research into new technology trends and acquire this knowledge to improve the organization. Dasgupta and Gupta (2009) outline that “Technology tools like intranets, database, etc., or non-technology tools like brainstorming and research collaboration, enable a firm to exploit and apply knowledge, thereby increasing chances of innovation.” This increase form of innovation will lead to the success of the organization as new ideas are explored.
With the use of technology, the internal as well as the external structure of an organization can be improved, whereas the manager can keep track of their subordinates’ progress and track if there are any improvements in productivity. The technology that exist in today’s world enables companies to analysis their business capabilities and to assist them in getting a deeper understanding of the business performance, how to meet the needs of the customers and getting up-to-date knowledge of trends in the business market.
Samsung Electronics Limited is a company that over the years have found innovative ways of ensuring the success of the company by keeping its customers interested in its products. Because of the competition from other
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713 Words | 3 PagesIt is also important for Samsung to give a quality product to their customers to get their trust for an organization as If we improve the products through creativity, will build interest between the stakeholders. Samsung have a friendly environment and respect their staff. Varity: Increasing the hard work through various ways i.e: Samsung employee woman, disable and intermediated or matriculated. Samsung owes about 38% of females staff including two commissioned officers. In January 2001, Samsung started Female Counseling Center.
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1109 Words | 5 Pages1. Introduction Samsung first started as a South-Korean family owned business but has now earned acceptance around the globe now. Samsung has grown into a global information technology leader, managing more than 200 subsidiaries around the world. The company’s offerings include home appliances such as TVs, monitors, refrigerators, and washing machines as well as smartphones and tablets.
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732 Words | 3 PagesProcess Strategies The process strategies, for such a large manufacturing company, would need to be varied. The production process type would be determined by the product life cycle stage at that time (Thayer 2004).Product life cycles for items such as smartphones and tablets do not generally follow the standard life cycle stages. The maturity stage can be interrupted by discontinuation or irrelevance of a technology, which recommences the cycle (Giachetti & Marchi 2010). Incidentally, during the product life cycle of these items, a cyclic improvement of both process and product is required to stay in contact with market changes.
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899 Words | 4 Pages• Change: Samsung always comes up with new products and innovative services in order to fulfill their customers’ needs and demands. • Integrity: Samsung makes sure that ethics are followed at each and every level and thus stay faithful and give respect to its stakeholders (Globart, 2012). • Co-prosperity: For a business to prosper, it is very much needed that auxiliaries, employers and others too, must be given opportunities to flourish. Samsung strongly believes in it and move ahead by taking everyone together. They are fulfilling their responsibilities towards society and environment as well by being a responsible corporate citizen (Annual Report, 2013).
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