BU111 Study Guide - Midterm Guide: Shareholder Rights Plan, Kodak, Main Source
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BU111 Full Course Notes
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1 - critical success factors and environmental analysis models. First cellphone was made in 1973, and are one of the most successful products ever invented. 875 million smartphones were sold in 2013 and is expected to increase by 1 billion in 2015. In 2013, samsung had 33% of the market and apple had 21%. (top five included china-based companies) Separating work functions from the rest of the smartphone for security reasons. Had allowed samsung to increase corporate business: achieving financial performance, meeting customer needs, building quality products and services, encouraging innovation and creativity, gaining employee commitment, creating a distinctive competitive advantage. To ensure long term success, a firm must pursue improvement and excellence in all of its critical functional activities while setting itself apart from its competitors: achieving financial performance - cash flow and profitability. To describe successfully achieving financial performance will depend on the life stage of the org and industry.
