Companies need to create and implement effective business and corporate strategies to ensure that they have a plan for achieving their goals and objectives. These strategies entail the course of action, procedures, and processes that will guide the organizations in their intended strategic direction. Some of the objectives that companies seek to achieve through their strategic plans include customer satisfaction, efficient operations, and competitive advantage. In the previous paper, we provided a discussion about the strengths and weaknesses of Samsung Corporation. In this case, this paper will put this information into consideration when determining their business and corporate-level strategies. The paper will also analyze the companys competitive environment