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Strategic management presentation
Length: 1 pages (316 Words)
The generic value chain model is a significant aspect of strategic management at Samsung Electronics. The company makes use of various generic value chain models to create a shared vision and to aid in the establishment of a personnel management system that is performance-based. The generic value chain model is also used as a significant strategic management model in technology development, marketing, sales, and logistics. Likewise, Samsung Electronics makes use of the strategic management model in the evaluation of cost control procedures. The success of strategic management at the company is primarily based on the standardization of the management systems, good leadership, training, and commitment to innovative strategies as well as partnership with the value chain experts.