Samsung's 5G Network Integration: A Business Report

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MGMT20132 INNOVATION AND SUSTAINABLE BUSINESS DEVELOPMENT
ASSESSMENT 1
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Executive summary
Each & every business organization needs to analyze the changing trends within the changing
business environment & should identify as well as implement the unique business strategies so
that it can gain the competitive advantage & ensure long term growth & sustainable
development. The complete business report includes the effective tools and techniques that are
being discussed for implementing the chosen technological trend of “5G Networks” so that it can
reduce the negative impacts of all the identified business risks within the whole business
organization. The standard & effective recommendations are also being illustrated along with the
suitable models of strategic fit.
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Introduction
The technological trends are very popular within the business market & the leading business
organizations are required to necessarily adapt them so that they can retain their potential
customers with the business for the longer period of time. The main aim of making this report is
to analyze & interpret the different needs & changing requirements of various people which can
lead the whole company towards the earning of the higher amount of business profits. The
business organization of “Samsung” is chosen for the preparation of this business report. It is the
multinational company which is the largest chaebol in South Korean and was founded in the year
1938 by Lee Byung-chul. The chosen technological trend is “5G Networks” which delivers the
customers the lower latency & faster speed. The 5G Networks will operate in a band of high-
frequency of the wireless spectrum, between 28 GHz and 60 GHz. It is the technology of fifth
generation cellular network.
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