Lge Leading Global Companies In The Industry

LG Electronics (LGE) is a South Korean MNC electronic company headquartered in Seoul. There lots of household appliances LG has ventured into. Formed in the year 158 by the amalgamation of two companies Lucky and Gold-Star. Management LG electronics is controlled by the South Korean clan known as Chaebols, large, conglomerate family-controlled firms of South Korea characterized by strong ties with government agencies. The main purpose for the Chaebol clan is to To diversify the business progress and growth. To avoid the business into one kind of business so they want to expand into each and every business. Try to deliver and make best use and try to use new technology. To leave business as an inherited by their successors. Improvements in decision making by having cumulated knowledge and experiences of many companies in a Chaebol Improvements in capturing new business opportunities with vast knowledge in many fields of business Growth of economy is main factor thats the reason the business are growing at significant rate. LG HR strategy Each and every organization has people, the people in an organization known as human resources. Irrespective of size of an organization or the extent of its resources, the organization survives because