Question

what is samsung strategy to make profit different business ? explain with samsung's product diversification thankyou...

what is samsung strategy to make profit different business ? explain with samsung's product diversification thankyou :)

Homework Answers

Answer #1

Samsung is one of the companies that has exhibited huge diversification . It has always tried to penetrate new lines of market , as for example , smartphones , home appliances , solar cells etc . This strategy has been so much successful only because of its creativity , advanced technology , distribution network and brand name . From launching succesive new series of smartphones to a plethora of television sets , cameras , home appliances , this product diversification has captured huge shares in multiple markets . This has led to more and more profit generation .

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