The paper 'Industry System and Environment in Samsung Group " is a good example of a management case study. Samsung Group is the greatest Chaebol or group in South Korea. It is an international company with its headquarters in Samsung Town. It was started in 1938 by Lee Byung-Chul as a trading company. In the following three decades, it diversified into other areas including insurance, food processing, retail, textiles and securities. In the late 1960s, Samsung entered the electronics market. In the mid-1970s, it started construction and shipping industries.
These latest areas are the ones that have made the company grow most. After Lee’ s death in 1987, Samsung divided into four business groups; Shinsegae Group, Hansol Group, CJ Group and Samsung Group. Samsung has grown enormously conducting its activities globally and selling electronics like semiconductors and mobile phones. (Samsung 2010). The major industrial subsidiaries of Samsung are; Samsung Electronics, which is the greatest information technology company as per 2012 revenues. Samsung Heavy Industries, which is the world’ s second most major shipbuilder as per 2010 earnings, Samsung Engineering and Samsung C& T, which are among the world’ s largest construction companies.
Samsung Life Insurance, one of the world’ s greatest insurance companies, Samsung Everland, which operates the Everland Resort and Cheil Worldwide, which is a great advertising agency are among other prominent subsidiaries of Samsung. (Samsung 2011). Samsung Electronics is the greatest subsidiary, according to the 2011 report. It has 144 consolidated subsidiaries. It has three major divisions; the Device Solutions which is a Business to Business (B2B) division deals with Liquid Crystal Display (LCD), semiconductors, chips and other components, Digital Media & Communications (DM& C) which is a Business to Computer (B2C) Company dealing with computers, mobile phones, televisions and other appliances and Samsung Advanced Institute of Technology (SAIT) which is the research power and which deals with new businesses.
http://www.samsung.com/us/aboutsamsung/ir/financialinformation/annualreport/downloads/2010/SECAR2010_Eng_Final.pdf 20 May 2015.
Samsung Electronics, Business Report page 20-33, the data has been preceded by the consultants
http://www.samsung.com/us/aboutsamsung/ir/financialinformation/businessreport/download/2011_business_quarter02.pdf 20 May 2015.
http://www.samsung.com/us/aboutsamsung/sustainability/sustainabilityreports/download/2011/2011%20About%20Samsung%20Electronics.pdf 20 May 2015.
Samsung Electronics’ Business Report, page 20-33, the data has been proceeded by the consultants http://www.samsung.com/us/aboutsamsung/ir/financialinformation/businessreport/download/2011_business_quarter02.pdf 20 May 2015.
Samsung Electronics Financial Highlights
http://www.samsung.com/us/aboutsamsung/ir/newsMain.do 20 May 2015.
Samsung Electronics Consolidated Statements of Financial Position, Income Statement, data interpreted by the Consultant
http://www.samsung.com/us/aboutsamsung/ir/financialinformation/auditedfinancialstatements/downloads/consolidated/2011_Consolidated_all.pdf 20 May 2015.