Samsung. Samsung is a well-known south Korean brand whi

Added on - 16 Feb 2021

Trusted by +2 million users,
assist thousands of students everyday
Showing pages 1 to 2 of 5 pages
SamsungSamsung is a well-known south Korean brand which specialized in many differentelectronical categories including television, mobile phones, monitors, fridges, washingmachines, media and many more appliances. It is one of themost recognizable brand names in the world for technology.And exports around 5thpercent of South Koreas totalexports. It was founded by Lee Byung-Chull in 1938. Afterlong investing in many departments such as textiles,shipbuilding and heavy industries did it then enter thetechnology industry in 1969. In 1990 it expanded all around the world and has madeadvancements in most technological appliances. In the early 2000’s with their release ofSamsung mobiles their brand name increased immensely.[ CITATION Pet15 \l 1033 ]Samsung revenue is around 211.2 billion USD and is equal to the 17% of SouthKoreas GDP. Its income in 2019 was just about 24 billion USD. With a number or 300,000employees all around world.[ CITATION Sam20 \l 1033 ]Organizations CulturesThe system which an organization works through is usually the culture which is to befollowed by the people. In a culture, people share similar beliefs which impacts the way theyperform and do their job. It gives the people a certain direction to work with.Handy’s Model of an organizational culture consists of four parts which are power,role, task and person.Power CultureIn this type of culture, power relies on a certain amount of people which are few inamount who decide most of the decisions that need to be taken. Their influence is upon faron everyone in the organization. Employees usually are judged upon their achievementsrather than their choice of doing it. This usually results in failure of the best long-termdecisions for the organization.Role CultureThis culture works in a hierarchy culture, it works systematically and every importantperson having their own level of power as you go up the ladder. People have been given
clear roles and responsibilities. Authorities are clear over others. The position of the personon the ladder defines the power that they have over the ones below them. Having anexpertise is not often given importance or power to. The structures are usually tall and notflat as task culture is. However, decision making may take a while as it takes time to get tothe top of authority.Task CultureIn this culture, teams are formed to complete tasks without a single source of powerover them. Power is derived individually depending on their expertise. It may shift from oneto another depending on the task based on their expertise. Unlike role culture where youhave authority over others, in this power may shift from one to another depending on thetask at hand. Individuals are responsible for their own tasks which may be a risk.Person CultureThis is a very unusual culture which is not used by many organizations. Every personin this culture believe they are superior to the business. It is a culture where the cluster ofthese people have similar training and background to each other. Each individual carriestheir own individual power in the business.Hofstede’s Cultural DimensionsThis framework was created in 1980 specifically to understand the different culturesaround the world in countries which one is not so knowledgeable about. It is to helpdistinguish how differently the business is done in these countries. There are six categorieswhich help define the culture which are:Power Distance IndexThis index helps figure out the power and inequality that is borne and to whichextent. It is evaluated from the lowest level. When there is a high-power index, it shows thatthe culture has acceptance of inequality and of power differences. It favors government andrespect is given to higher authorities and ranks.Individualism vs CollectivismIndividualism basically indicates how there is more of an importance to a person’spersonal goals and improvement rather than where collectivism focuses on achieving goalsand importance as a group.Uncertainty Avoidance IndexThis index focuses on till which extent are the uncertainty and ambiguity toleratedand looked over. How unexpected situations are dealt with. When there is a highuncertainty avoidance index it basically means that there are few unexpected situations andhave high risk control over the situations. The unknown is basically made less through rulesand regulations. When there is a lower uncertainty avoidance index, there is more space forthe unexpected situations to take place. The unknown is basically more easily accepted.
desklib-logo
You’re reading a preview
Preview Documents

To View Complete Document

Become a Desklib Library Member.
Subscribe to our plans

Download This Document