Samsung Essay Example | Topics and Well Written Essays - 1750 words

Samsung - Essay Example From a small export business in Tague, Korea, Samsung has grown to become one of the largest multi-billionaire corporations in the world. Samsung electronics was established in 1969 in Suwon (South Korea)The products offered by the company are electronic and electrical appliances which include television, refrigerator, air conditioners, washing machines, calculators, semi conductors and digital media. Today Samsung products are recognized in terms of quality and unique technology all around the world. In 2007, the company exceeded the $100 billion mark in terms of annual sales for the first time in the history. This is the reason why Samsung is in the list of one of the top three companies in the electronics industry where only two other companies are Siemens and Hewlett Packard that have posted larger revenues. Samsung today owes much of its success to its value innovation program. With new technologies coming in the market speed and mobility is essential for remaining in the market and also to pioneering in new markets. With 42 research facilities around the world and 42 thousand people are working daily in these research facilities, Samsung is serious about understanding what the consumers need is long before considering the technologies required to deliver them for the fulfillment of that need. Samsung is aware of the fact that success is temporary in the field of electronics and there should always be a goal displacement policy going around. The company is always setting new targets, working hard and focusing on ways to achieve those goals. Though Samsung is achieving continuously and rapidly by sheer policy, hard work and competence the list of achievement is way to long some important and recent achievements are given below: In 2005 Samsung surpassed Japanese rival company Sony, for the first time to become the world twentieth largest and most popular consumer brand as per† Interband†. In 2006 Samsung comes second in the electronics industry as per â€Å"business week†. In 2007 another important achievement was made by Samsung mobiles, over throwing Motorola for the first time and as they became the second largest mobile phone maker in the world. In 2011 Samsung electronics sold its Hard disk drive (HDD) commercial operation to Seagate Technology for approximately $ 1.4 billion. And most recently in the first quarter of 2012 Samsung beats rival company Nokia in selling the highest number of mobiles 93.5 million as compared with 82.7 million. Samsung has expanded from a small company to the largest company in Korea and the second largest company in the world in terms of electronic divisions which is somehow the most successful around the world. Management accounting: Management accounting deals with providing accounting information to the managers within organizations to help them taking decision in business that will allow them to be better equipped in their management and control functions. This technique or pro cess focuses on effective and efficient use of organizational resources in order to support or assist managers to take decision in their task of enhancing both customer value and shareholder value. Distinguishing between Management accounting and financial accounting In contrast to financial accounting information, management accounting information is different in number of ways. Some are enlisted below. Management accounting deals with perception of forward looking; on the other hand financial accounting is historical and is based on the historical data. Models are based in terms of abstractions or possibilities in order to support decision making generally, whereas models are case based. Management accounting deals with the designs that are intended for use by managers within the organization; on the other hand financial accounting deals with shareholders, creditors and public regulators. Management accounting is usually confidential, whereas financial accounting is for public or is publicly reported. Management acco

Discussion board forum Assignment Example | Topics and Well Written Essays - 500 words - 3

Discussion board forum - Assignment Example Pedagogical approaches to learning perceive diminutive validity in the experience the student gains in previous learning sessions. Based on the pedagogical approach, the matter of concern is the teacher’s experience, as well as the content of the instructional aids (Bostock & Wood, 2012). On the contrary, the andragogical approach perceives the learner’s experience as a rich source of the ability to attain more information and thus, acts as a resource for successful knowledge processes in the future. Pedagogical methods use assigned readings, lectures, as well as passive methods in passing ideas to the students (Werner & DeSimone, 2012). On the other hand, andragogical approaches apply the use of experiential methods, such as problem-solving instances, lab experiments and simulation game. The two methods differ further in terms of predication. On one hand, educational methods assume that everyone is always willing to learn what their society dictates. Therefore, because everyone is always ready to learn, every learning exercise should apply a standardized curriculum. On the contrary, andragogy provides that learners acquire the readiness and urge to learn when they gain their initial experience to learn because of a need that arises requiring them to acquire some understanding in order to cope with some real-life problems (Bostock & Wood, 2012). In this view, information should emphasize on real-life situations and tailored to the real-life needs of the learners, as well as their call and readiness to learn. Pedagogical approaches to learning in addition make the assumption that knowledge possesses future orientation, and thus, what learners learn today may turn out to be beneficial at some later situations and thus, application may not be necessary for the same instance of learning (Vodde, 2009). On the other hand, andagogical styles assume learning to be a process involving the development of increased competencies and thus, the