Samsung Porter's 5 Forces Essay
Samsung Group of companies was found in 1938 and major leading company to provide financial and manufacturing services. Since 1980 it has made vast development in semiconductor and electronics industry. Samsung has made remarkable growth in net profits since last two decades. This is regarded as the ways of Samsung conducts the business and strategic INFORMATION MANAGEMENT is the pillars of the entire business at Samsung. For a long period relationships between corporate strategy and information systems; Top management of the firms were not much interested. Information management systems are to be thought as same to corporate data processing and support the daily routine functions …show more content…
FIVE COMPETITVE FORCES SHAPE FATE OF FIRM: A company needed as many as possible to neutralize the five forces to generate a well competitive advantage. Porter's forces (Porter, 1998) are used basically for the attraction of industry and searches sources of its competition. These forces are dependent on each other and Samsung like industries must know the connection between these forces.