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 .

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
what is samsung strategy to make profit from different business ? explain with samsung's product diversification...
what is samsung strategy to make profit from different business ? explain with samsung's product diversification thankyou :)
How is profit generally achieved with a related diversification strategy? How is profit generally achieved with...
How is profit generally achieved with a related diversification strategy? How is profit generally achieved with an unrelated diversification strategy? Why do both often fail? just need to know why do both often fail
Samsung is a conglomerate (Multinational Corporation) consisting of multiple strategic business units (SBUs) with a diverse...
Samsung is a conglomerate (Multinational Corporation) consisting of multiple strategic business units (SBUs) with a diverse set of products. Samsung sells phones, cameras, TVs, microwaves, refrigerators, laundry machines, and even chemicals and insurances. This is a smart corporate strategy to have because it spreads risk among a large variety of business units. In case something might happen to the camera industry for instance, Samsung is still likely to have positive cash flows from other business units in other product categories....
**NIKE** Explain the current corporate strategy for Nike including their use of vertical integration, diversification, strategic...
**NIKE** Explain the current corporate strategy for Nike including their use of vertical integration, diversification, strategic alliances, mergers, and acquisitions.
What are the risks of implementing diversification strategy? What should we pay attention to?
What are the risks of implementing diversification strategy? What should we pay attention to?
What are the problems associated with implementing a strategy of related diversification through acquisitions?
What are the problems associated with implementing a strategy of related diversification through acquisitions?
Does accounting profit or economic profit determine how entrepreneurs allocate resources between different business ventures? Explain...
Does accounting profit or economic profit determine how entrepreneurs allocate resources between different business ventures? Explain why.
What do we mean by strategy? How is a business model different from a strategy? Under...
What do we mean by strategy? How is a business model different from a strategy? Under what environmental conditions are price wars most likely to occur in an industry? What are the implications of price wars for a company? How should a company try to deal with the threat of a price war? references/citations
Subject- Business Strategy. What are the strategical methods for business strategies and types ? please explain...
Subject- Business Strategy. What are the strategical methods for business strategies and types ? please explain in detail and with example
Q4: Samsung's smart phones, Galaxy J7 Duo and Galaxy S9, were launched into the market in...
Q4: Samsung's smart phones, Galaxy J7 Duo and Galaxy S9, were launched into the market in March 2018. Before then, the Galaxy S8 was launched in April 2017, while the Galaxy S7 and Galaxy A8 were released in February and September 2016 respectively. Before all these market launches, Galaxy X6 was the star product for Samsung. Supposing that several months after Samsung Corporation introduced the Galaxy S8 into the market in 2017, they found out that the monthly sales of...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT