accounting.docx - Name Khan Muhammad Aqib Student No...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Name: Khan Muhammad Aqib Student No: A02240273 Date: 08 th August, 2017 Annual Financial Report Samsung Group The Samsung Group is a South Korean based conglomerate company that includes a number of subsidiaries. It's one of the largest businesses in Korea, producing nearly one fifth of the country’s total exports with a primary focus in the electronics, heavy industry, construction, and defense industries. Other major subsidiaries of Samsung include insurance, advertising, and entertainment industry businesses. With just 30,000 won (about $27 USD), Lee Byung-chull began Samsung on March 1 of year 1938, as an exchanging organization situated in Taegu, Korea. The little organization of just 40 representatives began as a supermarket, exchanging and trading merchandise delivered in and around the city, as dried Korean fish and vegetables, and additionally its own particular noodles. The organization developed and soon extended to Seoul in 1947 however left once the Korean War broke out. The successful expansion turned into a development system for Samsung, which quickly ventured into the insurance, securities, and retail business. Samsung was centered around the redevelopment of Korea after the war with a focal concentrate on industrialization. Samsung entered the electronics business in the 1960's with the
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern