Friday, 8 May 2015

Can a company have a reverberating effect on the country's economy ?



           This is true in the case of Samsung which plays a dominant and crucial role in determining

the South Korean economy.
       
            Samsung has an incredible influence on South Korea's economy. Not only has it

strengthened the country economically but also has been a driving force behind the "Miracle on the

Han River." Its affiliate companies produce a fifth of the country's total exports. Its influence on the country's politics and culture is undeniable.
       
            Samsung's revenue was equal to 17% of South Korea's $ 1082 billion GDP.

       

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