On one of its website, LG has a process map showing its certification process. The mapping starts with a request for examination for the certification process. The plan to examine the technology performance is assessed, the plant and the relevant vendors are looked at, and then the certification is approved or denied based on the empirical results (LG Sustainability, 2012). LG also has a blog that contains a set of frequently asked questions that educates blog readers on the different technologies in the television market, which ones are better and why, and how TV buyers can be energy efficient yet entertained at the same time (LG UK Blog, 2012).
LG has also implemented solutions at its factories and offices so that the manufacturing process can be accomplished both with an attention to quality but also a commitment to sustainability and efficient operations, even if the latter is not always the cheapest…...
mlaReferences
Anderson, a. (n.d.). Supply chain efficiencies save LG millions | Official CIPS Magazine -- "
Supply Management. Purchasing and supply news, law, analysis and resources
Official CIPS Magazine -- " Supply Management. Retrieved August 31, 2012,
from http://www.supplymanagement.com/analysis/features/2009/supply-chain-efficiencies-save-lg-millions/
Another threat is represented by the rapid advancement of technology, which forces LG Mobile Company to invest large sums of money into product development. Additionally, there is also the threat of competition and the threat of continually changing customer demands.
At the level of opportunities, the first of these includes the technologic development which allows LG to quickly integrate new features into its products and better serve customer needs. Also, in the context of globalization and opening boundaries, an important opportunity is represented by the fact that the country can cross borders and sell its products into numerous countries.
3. Internal strengths and weaknesses
At the level of the internal features, the most important strength refers to the fact that LG Mobile Company is an integrant part of the LG Corporation. This means that LG Mobile -- on its own, but also as part of the LG Corporation -- possesses vast financial resources,…...
mlaReferences:
LG 2010 Annual Report, last accessed on October 20, 2011http://www.lg.com/global/ir/reports/annual-reports.jsp
Other challenges include innovations in socially-responsible company actions. That is, people are concerned with companies that don't make it a top priority to be socially and environmentally responsible. People think of Apple as being a company that is responsible and that goes a long way in getting people to trust the company and its products. Perhaps the company can find ways to give back to the community so that their name can be seen as being associated with social responsibility. Thus far G has implemented certain activities to achieve eco-friendly management and has also focused on developing products that are eco-friendly in phases of their life cycle (including use and disposal). G should continue in this direction.
G has shown that they have strong R&D (research and development) prowess. The company really invests time and energy into R&D in order to create mobile phones that have the most innovative and…...
mlaLG currently has the following models of LG mobile phones to choose from: The Android phones - Optimus V VM670, Optimus U. US670, Optimus M. MS690, Optimus S. LS670, Apex US740, Axis LGAS740, Vortex VS660, Optimus T. P409, and the AllyVS740. Other phones include the Banter Touch UN510, the Quantum C900, the Octane VN530, the Neon II GW370, the Encore GT550, and the Cosmos Touch VN270 -- all Smartphone's -- among others. LG still makes the more traditional clamshell-type phones such as the Helix UX310, the Wine II UN430, and the Accolade VX5600 -- all compact designs with cameras and speakerphones (LG 2011). For these phones mentioned, LG works with the carriers at&T, Alltel, Cricket Wireless, Metro PCS, Sprint, T-Mobile, U.S. Cellular, Verizon and Virgin Mobile (2011).
A challenge that LG may face is the fact that there are many counterfeit products out there that can affect the sales of LG mobile phones. However, it should be noted that this challenge faces other companies as well, not just LG. Other challenges include innovations in socially-responsible company actions. That is, people are concerned with companies that don't make it a top priority to be socially and environmentally responsible. People think of Apple as being a company that is responsible and that goes a long way in getting people to trust the company and its products. Perhaps the company can find ways to give back to the community so that their name can be seen as being associated with social responsibility. Thus far LG has implemented certain activities to achieve eco-friendly management and has also focused on developing products that are eco-friendly in phases of their life cycle (including use and disposal). LG should continue in this direction.
LG has shown that they have strong R&D (research and development) prowess. The company really invests time and energy into R&D in order to create mobile phones that have the most innovative and up-to-date technology -- and style. Because of their commitment to R&D, LG appears to be quite innovative and ahead of the game when it comes to innovation. Another strength of LG is that it has joined forces with some important companies in the world, which give LG more strength as an overall company. LG has come a long way since its Lucky GoldStar days and the company now wants LG's customers to know that "Life's Good." LG has become a world-renown name in the line of mobile phones and is giving companies like Nokia and Motorola some tough competition.
This gives the Mobile unit access to the parent company's financial capabilities, including its borrowing capacity and rates. However, major competitors like Samsung and HTC also enjoy the benefits of the chaebol system; Sony enjoys similar advantages in Japan and American firms like Apple have vast resources as well. LG has a strong brand, as do most of its competitors, although the brand enjoys specific advantages in Korea where it has been known for decades. This is an advantage LG has in the domestic market over foreign competitors.
In terms of weaknesses, LG is a latecomer to the mobile industry. This has put LG at a technological disadvantage. Its tablet, for example, underperforms those of competitors in their price range. LG will need to invest more heavily in technological development in order to catch up to competitors in this part of the business. The company will need to improve its…...
he LG mobile should also strive to have better products that can be compared to bigger names in the industry like the Apple Inc. products. his will enable the company to cater for the select premium end of the market such that they are left with no option but to run to Apple products for such mobile phones. his premium end of the market product will give the LG mobile a global appeal and open more markets for their products as compared to the current situation where their products are only compared to Samsung which is also fro Korea.
here are several outcomes that can be expected if the above are effectively executed. Bearing that India is the 5th largest economy in the world, LG is bound to conquer the market that will offer vast possibilities in the sale of their mobile phones. If the company is able to effectively cover…...
mlaThe LG mobile should also strive to have better products that can be compared to bigger names in the industry like the Apple Inc. products. This will enable the company to cater for the select premium end of the market such that they are left with no option but to run to Apple products for such mobile phones. This premium end of the market product will give the LG mobile a global appeal and open more markets for their products as compared to the current situation where their products are only compared to Samsung which is also fro Korea.
There are several outcomes that can be expected if the above are effectively executed. Bearing that India is the 5th largest economy in the world, LG is bound to conquer the market that will offer vast possibilities in the sale of their mobile phones. If the company is able to effectively cover the Indian market it will then be selling to one of the leading markets in the world. India's middle class should be the target of the company apart from other markets in the world. This is bearing the fact that the middle class in India has been noted to be fueling the economy and the disposable income is pegged at 8.5% annual growth and the trend is expected to remain steady till 2015, making a good market niche for the mobile phone.
LG mobile is also expected to be able to compete with the other global players like Apple and not just be compared to Samsung. This is bearing the fact that LG is capable of having premium brands just like Apple does and offer them at a comparatively lower price.
LG Electronic Company
All leading companies in the world have started small but capitalized on their strengths to become world leaders. Let us look t the strengths of LG. Today LG is one of the leading names among the Korean companies in the world. It is known to be a major player in the consumer durables industry, but little of it is known besides that. This is an attempt to view it as a corporate entity.
LG is a relatively recent company having started in 1947 as Korea's first chemical company. This then became the first home appliance company in 1958. Today it is a conglomerate of 49 subsidiaries out of which 20 are listed on the Korea Stock Exchange or KOSDAQ. These 49 units totally have 300 subsidiaries and over 140,000 employees worldwide. The total turnover for the group in 2001 showed a turnover of KRW 700 trillion. The company…...
mlaBibliography
LG's White-Hot White Goods: The South Korean home-appliance maker is ringing up huge overseas sales, International -Asian Business, September 30, 2002
Plaskitt, Sarah. LG surrounds its competitors, B&T weekly, June 6, 2003
Analysis-LG bets on smart electronics to reinvent itself" Reuters, February 7, 2003
LG Electronics Sets Up Mexico Plant "Going Global" March/April 2003
HM
Leadership Issues at LG Displays
LG Display appear to have some issues leadership issues, with the way managers are interacting with the employees, with employs having a lack of trust and faith in the managers. The managers appear to assume that they the power to act in an arbitrary fashion, which is perceived as being unfair and detached by the employees, using their power in more of a coercive manner, rather than being seen as legitimate power, as it is only those who drink and smoke with the managers that good the good annual assessments. Coercive power is seen where an individual has the ability to use their power to punish others, this along with the lack of respect which undermines the potential for referent power which benefits leaders when it is present (Northouse, 2009).
The employees feedback also indicate a lack of communication and detachment, managers appear to have little knowledge…...
mlaReferences
Adams, J.S. (1965). "Inequity in social exchanges," in Berkowitz L. (ed.), Advances in experimental social psychology Vol. 2, pp. 267-299, New York: Academic Press.
Buchanan, D; Huczynski, A, (2010) Organisational Behaviour, Harlow, FT/Prentice Hall
Goleman, D, (2000, March - April) Leadership that gets results, Harvard Business Review, p 78-90
Northouse, PG, (2012), Leadership: Theory and Practice, Sage Publications, Inc.
Joint Venture Partner for HP Inc.
Candidate Companies
LG
Daewoo
Samsung
Assessment of Candidate Companies
LG
Daewoo
Samsung
Investment ecommendation
Team Fab Five have recommended that HP target South Korea for an acquisition. The acquisition should be undertaken as joint venture with a suitable partner. To determine the most suitable partner, potential joint venture collaborators must first be identified, and HP should determine what they would like to gain from the alliance, which will be used as a basis for assessment of the potential partners.
HP is a well-known leading player in the international markets focusing on personal computers, printers, and related hardware (HP Inc., 2016; Kitagawa, Jump, & Lam, 2016). The firm emerged in 2015 following the split of HP in 2015 (Kitagawa et al., 2016). The firm is now seeking to expand and increase its foot print, but has suffered as a result of the slow economy, this is reflected in the announcement that HP are expecting planning…...
mlaReferences
Bradshaw, T. (2016). Doj weighs in on Apple v Samsung patent case. Finaical Times. Retrieved from https://www.ft.com/content/92fed5dc-2e0a-11e6-a18d-a96ab29e3c95
Bridge Engineering and Design. (2016). L&T and Daewoo scoop contract for River Ganga bridge. Retrieved from http://www.bridgeweb.com/LT-and-Daewoo-scoop-contract-for-River-Ganga-bridge/3868
Christopher, M. (2011). Logistics and supply chain management. Harlow: Financial Times/ Prentice Hall.
comScore. (2016). comScore Reports January 2016 U.S. Smartphone Subscriber Market Share. Retrieved from https://www.comscore.com/Insights/Rankings/comScore-Reports-January-2016-U.S.-Smartphone-Subscriber-Market-Share
He applies that perspective to every stage of the design process as he works with clients. Severs (2011) claims that "the needs of users, businesses, manufacturers, suppliers, environment" are all integral to the design experience.
In fact, Severs found that working with his young daughter provided insight into the design process, informing a human-centered approach. His daughter's reactions to produces, processes, activities, and services show how design directly impacts behavior and perceptions. Severs claims that his daughter's own drawings and designs have affected his view, showing that design experts can learn a lot from children. As examples, Severs showed 3D modeling and other examples of how design affects our reactions to things.
Both McKinley and Severs focused on how design is a major part of our everyday lives. The products we use are often designed poorly, reflecting an approach that is not centered on the needs of the end user. Advancements…...
mlaReferences
Frog design (n.d.). Website retrieved: http://www.frogdesign.com/
McKinley, T. (2011). Lecture notes.
McKinley, T. (2011b). Business Week: Profile. Retrieved online: http://bx.businessweek.com/profile/turi-mckinley/tmckinley499/
Severs, J. (2011). Lecture notes.
The shared understanding is crucial in order to build strength and enough confidence necessary for the implementation of strategy and to necessitate evolution.
Second Phase: LG's strategic intent
In order to remain competitive, LG has to stick to its long-term vision which should act as stabilizers to the corporation in times of uncertainty. The vision in this case refers to as a statement of the things that can be achieved by the corporation. The concept of strategic intent is very crucial to the operating of a corporation since it acts as a magnet that pulls the present corporate dynamics and activities to the future. Any given strategic intent should be formulated in a manner that the corporation's remain with a large vision that can energize the workforce at all times. The formulation of new strategic intent options can help LG in capturing new markets while remaining competitive within the uncertain economic…...
mlaReferences
Chandler, AD (1962).Strategy and structure: chapters in the history of the industrial enterprise.
The American Historical Review, October 1962, Vol. 68 Issue: Number 1 p158-158
Bradford, RW (2008). Communicating Your Strategic Plan with Employees . Available online retrieved 16 January 2011http://www.strategyletter.com/CD1103/featured_article.php
Bartlett, C. And Ghoshal, S. (1994), "Changing the role of top management: beyond strategy to purpose," Harvard Business Review, Vol. 72
Human esource Management:
HM (Human esource Management) is the process that involves planning, executing, recruitment and management of the development measures within an organization. These development initiatives within an organization also entail selection, training and profession. The primary aim of human resource management is to exploit an organization's productivity by optimizing the efficiency of the employees. The exploitation of the organization's productivity takes place while improving employees work life and treating these employees as valuable resources. Generally, HM includes the attempts to foster personal development and employee satisfaction while adhering to the employment-related regulations (Mote & Heil, n.d.).
Important Tasks and Activities in HM:
As a function that is aimed at exploiting organizational productivity and guaranteeing employee satisfaction and development, human resource management consists of various activities and tasks. These activities include selection, recruitment and training as well as management in order for the organization to perform at its level best and in…...
mlaReferences:
Gill, C (1999), Use of Hard and Soft Models of HRM to Illustrate the Gap between Rhetoric and Reality in Workforce Management, RMiT Business, viewed 24 November 2010,
Lg.com (n.d.), Best Place to Work: LG Electronics India -- HR Policies, Lg.com, viewed 24
November 2010,
Buyer Power:
etailers are the primary tier of buyers in the television segment of the global consumer electronics market. There are a variety of retailing channels used in this industry. The primary channel of distribution is through electronics retailers, like Best Buy, which comprises 65% of the total market value. Hyper and supermarkets, such as WalMart and Target, make up only 14.4% of the market. Sales via department stores, like Sears, only contributes 3.7% of the market's value. Although they typically don't sell televisions, music, video, books, and stationery retailers do contribute 3.1% of sales for the overall consumer electronics market. Lastly, a variety of other retailers make up 13.8% of the sales in this industry ("Global consumer," 2010) (See Figure 3).
The primary manufacturers in this market segment, like Sony, are often highly valued by retailers, as they provide branded products that retailers' buyers, the end consumers, have come to know…...
mlaReferences
"Global consumer electronics." (May 2010). Datamonitor. Retrieved November 30, 2010, from http://360.datamonitor.com.ezproxy.apollolibrary.com .
Gonsalves, a. (28 Jan 2010). "Samsung 3D TV mass production begins." InformationWeek. Retrieved November 30, 2010, from http://www.informationweek.com/news/personal_tech/TV_theater/showArticle.jhtml?articleID=222600258 ,
"History." (2010). Datamonitor. Retrieved November 30, 2010, from
Teaching Unit for an 8th-Grade Language Arts and Literature Class
Contextual Factors
Community, District, and School Factors
Classroom Factors
Student Characteristics
Learning Goals and Objectives
Pre-Assessments Aligned with Learning Goals and Objectives
Evaluation of Pre- and Post-Assessments
Criteria Used to Measure Student Performance for Learning Goals
Plan for Formative Assessment to Gauge Student Progress
Design for Instruction
Explanation of Selected Activities: No. 1.
How Content Relates to Instructional Goal(s) and b.
How the Activity Stems from Pre-Assessment Information and Instructional Context
Materials and Technology Required to Implement
the Activity
d.
Plan for Assessment of Student Learning During
and/or Following the Activity
Explanation of Selected Activities: No. 2.
a.
How Content Relates to Instructional Goal(s) and Objective(s)
b.
How the Activity Stems from Pre-Assessment Information and Instructional Context
c.
Materials and Technology Required to Implement
the Activity
d.
Plan for Assessment of Student Learning During
and/or Following the Activity
Instructional Decision-Making
Analysis of Learning Results
Entire Class
Subgroups
Individuals
Reflection and Self-Evaluation
Developing a Comprehensive Teaching Unit for an 8th-Grade Language Arts and Literature Class
Introduction
According to Dorn and Sabol (2004), much of the national educational reform…...
mlaWorks Cited
Dorn, Charles M., Stanley S. Madeja and F. Robert Sabol. Assessing Expressive Learning: A
Practical Guide for Teacher-Directed, Authentic Assessment in K-12 Visual Arts
Education. Mahwah, NJ: Lawrence Erlbaum Associates, 2004.
Oklahoma Teacher Work Sample Assignment. (2003, March 11). Oklahoma Higher Education.
Hyundaicard's Marketing Strategy: Case Study
rite a full case analysis: HyundaiCard's Marketing Strategy
Hyundaicard's marketing strategy
General overview of Hyundaicard
Current marketing strategy assessment
Financial analysis
Strategic alternatives
Assessment of the strategic alternatives
Implementation plan
Exhibits
Segmentation criteria
Qualitative ranking of alternatives
Market share of credit card companies
Preference of payment
Hyundaicard financial statements
This essay is a case study for Hyundaicard marketing strategy. Hyundaicard is a company situated in Korea's credit card industry. It forms the basis of the case study because of its' unique experience with marketing, since it was a late comer in the very competitive market it had to employ various marketing strategies in order to shift from being a market follower to being a market leader.
This study will first of all identify some key issues or aspects of the company after which it will conduct an evaluation and assessment of the company's internal and external situations. Thirdly the paper will look at some of the possible alternative strategies of which…...
mlaWork cited
Pujari, D., Peattie, K. & Wright, G. (2004), Organizational Antecedents of Environmental Responsiveness in Industrial New Product Development, Industrial Marketing Management, 33 (5), July, pp 381-391
Johansson, G. (2002). Success Factors for the Integration of Eco-Design in Product Development: A Review of State of the Art. Environmental Management and Health, 13(1), pp. 98-108.
Cramer, J. (2000), Responsiveness of Industry to Eco-Efficiency Improvements in the Product Chain: The Case of Akzo Nobel. Business Strategy and the Environment, 9(1), pp, 36- 48
Crane, A. (2001). Unpacking the Ethical Product, Journal of Business Ethics, 30(4), pp. 361- 373
Marketing (Water Fans, India)
Industry outlook
The market in India for water fans or misting fans as they are also called is problematical at best. Without doubt, the climate (except in the northern mountains) is hot; the problem is, it is also quite humid. Still, the Indian people have been looking for ways to stay cool for centuries. It was India that gave the world the slatted shutter; when air comes in through small spaces (as in shutters, adopted in the American South before air conditioning, or in lattice-work walls as in parts of India), it is cooled. Still, they did not develop a cooling system like that of that ancient omans, which did use water running through channels to create condensation. The reason, of course, is the problem of water quality. While industrial pollution has now added immeasurably to the water quality problems in India, the sluggish flow of its rivers…...
mlaReferences
Establishing New Ventures: Hiring People. (2004) Indiamart Web site. Retrieved December 16, 2004 fromhttp://finance.indiamart.com/
India. (2004) CIA World Factbook. Retrieved December 16, 2004 from http://www.cia.gov/cia/publications/factbook/geos/in.html
India Profile. (2004) U.S. Department of State Web site. Retrieved December 16, 2004 from http://www.state.gov/r/pa/ei/bgn/3454.htm
Sen, Soumik. (2004) The New Cold War. Rediff Web site, April 24. Retrieved December 16, 2004 from http://inhome.rediff.com/money/2004/apr/24ac.htm?zcc=ar
Dueling Protagonists: Exploring the Roles of Napoleon and Snowball in Animal Farm
Generally, the protagonist of a story is its main character and the center of the action. Many people think of protagonists as the heroes of the story, but that is not always the case. Villains can also be the protagonist of stories, and it is common for the protagonists of the story to view themselves very differently from how the story’s other characters would view them. In Animal Farm, it is difficult to identify a single protagonist because both Snowball and Napoleon play a protagonist....
In an essay, an attention grabber is known as the essay hook. To help you out on your world civilization essay, we have put together a few topics, essay hooks, and thesis statements you could use for a world civilization essay.
World Civilization Essay Topics
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