The company is Samsung.

Post an analysis of the role of stakeholder engagement in strategic planning. Your analysis should include the following: - A brief description of your chosen case, including context such as industry and stakeholder groups - An analysis of one stakeholder group that you feel is more valuable in engaging toward the strategic plan. Be sure to answer the following with supportive examples: How does this stakeholder group impact the business? - What motivates this stakeholder group to engage with the organization, and why is this motivation valuable for strategic planning? - A detailed explanation of communication strategies that could engage this group of stakeholders effectively. Provide a rationale and supportive examples of how these strategies will engage and motivate change with the chosen stakeholder group. Be sure to support your work with a minimum of two specific citations from this week's Learning Resources and at least one additional scholarly source. Refer to the Week 5 Discussion Rubric for specific grading elements and criteria. Your Instructor will use this rubric to assess your work. Read a selection of your colleagues' postings. byung-chul which sold necessities such as dried fish, vegetables, and fruits before diversifying into several industries, including insurance, and retail. The decision was made to diversify into electronics in 1969 and founded Samsung-Sanyo. In 2009 Samsung became the world's leader in electronics. Samsung made significant R\&D efforts to become a technology innovator in smartphones, DVD players, and televisions (Dyer, et al., 2020). Samsung's competitors were Phillips, Sony, and Samsung adopted a more decentralized strategy, enabling it to modify some of its products for markets. A SWOT analysis is an evaluation of a business's strengths, weaknesses, opportunities, and threats assessed using the strategic planning technique, and opportunities and threats can be clarified best by external study (Dyer et al., 2020). External analysis is important in showing up opportunities and threats because it shows an organization where they can capture opportunities and work on strategies to take advantage of these opportunities. It also shows organizations how to identify threats from the competition and the opportunity to work on strategies to compete with their competitors to stay ahead of them. In the Samsung case study, they made large investments in research and development which help to make them the leader over their competitors. A SWOT analysis data could be used to increase Samsung's competitive advantage by identifying areas of weakness and giving an organization the opportunity to develop strategies to minimize or eliminate those weaknesses. It can also identify the cause for research and development for a new production of innovative products that can compete against competitors and develop customer loyalty. A SWOT analysis data can be used to produce new products for an organization. The data of a SWOT analysis can give organizations opportunities to establish themselves in the market. Data from threats help an organization to keep a competitive advantage over their rivals by investing in research and development. SWOT analysis is a traditional method for framing the essential components of problem design/development in a variety of contexts and at different levels of interest (Brad \& Brad, 2015)