Question

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 :)

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Samsung's main strategy is to employ best technology and produce best quality products in as much cheaper rates as possible . It has captured a substantial share in television industry through its flat screen TVs . Then comes samsung home appliances , fridge , microwaves , washing machines etc . Then comes the extensive world of electronis : smartphones , cameras , other gadgets etc . Samsung is a major market player in all these fields . This kind of product diversification has helped Samsung to make profit from different business .

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
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 :)
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....
What is HR strategy? Could you explain the linkage between HR strategy and business strategy companies...
What is HR strategy? Could you explain the linkage between HR strategy and business strategy companies like IBM and Delta use? Think that you recently became a hiring manager in Costco. You worked in Sam’s Club as a hiring manager before. What would you adjust for the transition from Sam’s Club to Costco?
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.
​Is the replication strategy of Sindbis virus similar/different from poliovirus? Explain!
​Is the replication strategy of Sindbis virus similar/different from poliovirus? Explain!
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...
What is perfectly elastic all about ? explain what decision you make when your product is...
What is perfectly elastic all about ? explain what decision you make when your product is elastic, in terms of pricing strategy?
What is Costco's business level/competitive strategy and what are it's major elements? Explain.
What is Costco's business level/competitive strategy and what are it's major elements? Explain.
Product strategy, as part of the marketing mix, should be driven by consumer needs. Consumers make...
Product strategy, as part of the marketing mix, should be driven by consumer needs. Consumers make purchase decisions based on perceived benefits. Sometimes translating desired benefits to product design, features, and overall product strategy can be challenging for marketers. Define the word "product" as it relates to business, specifically marketing. Discuss specific real-world examples of products that have been successful and products that have been unsuccessful. Cite your examples.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT