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Strategic Planning & Implementation_Week 1 Assignment

Strategic Planning & Implementation_Week 1 Assignment

Q Write a 1,050-word (submission can exceed wordcount, but not less) paper in which you address the following: • First, introduce your target enterprise - state what business and industry in which it functions • Identify the major components of the strategic management process. • Discuss how these components work together to create value for the organization. • Evaluate the company's mission statement, vision statement, motivation strategy, innovation strategy, and people strategy. If the organization does not have one or more of these, how does that affect the organization and its people? • Explain the role of ethics and corporate social responsibility in strategic planning. How does this direct their strategy?

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Samsung Electronics Co. Ltd. is involved in the selling and manufacturing of computer peripherals and electronics. The company functions through the following divisions of business- Mobile Communications & Information technology, consumer electronics, and device solutions. The division of business engaged in consumer electronics gives monitor, air-conditioners, washing machines, cable television, printer, refrigerators, and medical devices. The business division of Mobile Communications & Information Technology provides systems of communication, digital cameras, handheld products, and computers.