vision and mission statement for Samsung company
Samsung is a technology cooperation whose vision and mission statement focuses on innovations and societal improvements. That is, the cooperation’s mission statement considers the inspiration of the world with the ideal products, innovative technologies, and designs necessary for the enrichment of peoples’ lives and contributions towards social prosperity and the development of a new future.
This mission statement is considered appropriate based on relevant principles and concepts. However, the mission statement should be regarded as adequate if it clearly addresses the business scope a company is pursuing (https://open.lib.umn.edu).). The range, in this case, must be defined in markets and products. For instance, the Samsung company mission statement addresses the technological products and markets pursued by the company. The other element that makes the mission statement appropriate is the constant review and the current update on the mission statement of the company.
The vision statement of Samsung cooperation is also considered appropriate as it talks about the development of an inspired world and future. Some of the reasons that support the appropriateness of the vision statement are its broad aiming point and the potential idea about the future. Additionally, the Samsung company’s vision statement offers an ideal understanding of the requirements of the company’s management team (www.samsung.com). Finally, the vision statement is appropriate as it was reviewed and updated based on the recurring needs (https://open.lib.umn.edu).
The value statement used in Samsung company considers excellence, people, integrity, co-prosperity, and change. That is the works towards offering wealth opportunities to people to assist them in reaching their potential. It also has its activities driven by the undying passion for excellence. Additionally, the company works towards change, integrity, and co-prosperity. The value statement is, therefore, appropriate as it analyses the benefits derived from the company (https://open.lib.umn.edu).