Vision
Samsung-Tescois aiming tothe retailer company which has best vale inthe world through continually providing vale to customer not only in Korea. They express this as “World Best Value Retailer” andtheyare containing this sentence as a vision of company. Samsung-Tesco express more detail this as ‘the company which are selling best value, the company which is holding best value’
and retail format. So-called discount stores began to replace department stores and small/medium neighborhood stores. Eight years have passed and now, some ofthe competitors such as E-Mart have established well inthe retail market while others such as Wal-Mart are still suffering. Then, there isthe case on Samsung-Tescoand Home-plus that recently began andis a close follower of E-Mart. They
2.4 System
The best part of this corporation’s compensation system is that it gives performance incentive payments and profit sharing not only to regular employees but also to those who work part-time. However, although it is known that individual incentives are effective in many cases, the company only focuses on team performance. They have some positive plans about upgrading their compensa
theSamsung Group decided to withdraw from retail business since early 2000s, Samsung C&T Co. sold its stakes ofSamsungTESCOtoTESCO PLC gradually. But the brandofTESCO was uncelebrated in Korea, so TESCO used the name ofSamsungand paid the loyalty until 2011, the year when Samsung C&T Co. sold its last stakes toTESCO. In 2011, SamsungTESCO changed its name to Home Plus.
Home Plus is a
of global strategic management. SamsungTesco could be included as a foreign company because the management was controlled by Tesco. Another reason for choosing Tescois that they had the fastest growth rate out of all the distribution companies and were more customer oriented compared tothe competing companies. Tescois rated higher in company evaluation such as customer satisfactory rate and e