The company and country that has been chosen is Samsung and Korea. The purpose of this report is to show the a clearer information and clearer view of the company and country. The report will be taking about Company Background, Country Background, PESTLE Analyse, Porter’s 5 Forces, Strategric Recommendation and conclusion.
2. Company Background
The type of company is Public, it served worldwide, the key product is Samsung applications, Mobile Phone, Television and Camera Headquarter at Suwon, Gyeonggi Province, South Korea and they are one of the larger company in Korea.
3. Country Background
Korea is an independent country since 1945. After world war 2, Republic of Korea had be set up in the southern half of Korea. Now …show more content…
As time goes, Government slowly change the employees law where more people that have lower qualification can work and earn money for the household this is where the unemployment Rates went down to 3.2%. The employees law will affect Samsung company because in the past if the government didn’t change the rule and people’s mindset on not hiring people that doesn’t have a qualification, Samsung company won’t have a huge impact on people daily life because when the company get bigger, company have to hire people for the to stand out and work for long hour to keep promote the product. This people stand out and work for long hour is people that have a lower qualification.
6) Being Green
Korea is generally being green in the country but in some way they are not being green because of the company’s electricity usage are getting higher the government have to raise the rate of utilities to 4.9% for industry user. The president mention that they are trying their best to be green but they say to the News that is really hard to be green. This will not have a huge impact when company don’t be green and product cannot sell well. But in the case, when everyone in the company help to do their part it will help the country (Ramstad,