Choose a company that you know well Essay Example | Topics and Well Written Essays - 750 words

Choose a company that you know well - Essay ExampleThis project will try to look at the foundation, the mission and pile of the company and its history in the last five years (Shibaloy, 2011).The mission statement follows its philosophy that states devoting the talent and technology to produce superior products and services that stay and contribute to better the global society. The vision is to inspire the world and create the future (Shibaloy, 2011).According to the founder, its name Samsung was used to denote a big, power and a numerous entity. True to its name, Samsung are legends in their won field having grown from a sm tout ensemble company dealing with groceries, securities and to a multinational company owning all sorts of investment in the world ranging from electronic to health and insurance companies.The last decade has been a crucial moment for Samsung. They have extended their roots in technology deep down the spine of their competitors such as Nokia and Apple Company overtaking them through their massive innovations. This has, however, come not without a sensible share of challenges.In 2000, a computer programming laboratory established in Warsaw, Poland was the start of its journey. The work began with set top boxes technology before forward-moving to digital TV and smartphones. According to statistics, Warsaw base is Samsung engine in terms of Research and Development Center. It has lead to the magnificent innovations which have seen it rise to a global company commanding a big market share in the electronic industry (Shibaloy, 2011).The company expanded its market by enough the sole supplier of Rolls-Royce Trent combustor module used in Airbus A380. Samsung Company was also part of the engineering work of Boeings 787 Dream liner which derived some kale to the company.In the year 2010, Samsung publicly announced a ten-year growth strategy that was focused around five major businesses. Among the