Date of publication: 2017-09-05 11:00
It is recommended that the company should develop global strategies. In-depth analysis of the company’s business activity and technological advancement will advocate that Samsung should generate global strategies in formation and local in execution within the markets of services. It is advisable for Samsung to be more aggressive and acquire the BOP markets, as this would demand restructuring of strategies and implementation of extreme end pricing mechanism, which beneficial in the old times.
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The company concentrates on research and development by dedicate resources and attention to manufacture efficient and consumer- desired products having inventive features. The company directed 5% of its income to research and development in 7558 and 7559. This was followed by deployment of 97555people in research and development activities. The success of 8D is allied to the extensive research. Currently, the company has various research centers worldwide.
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This section provides an evaluation of strengths, weaknesses, opportunities and threats to Samsung multinational company. The success of firms can be attributed to the strengths that in the business environment. The company was able to utilize the above situations to their advantage. Samsung is one major electronic company manufacturer producer in the world with a wider distribution and market. Some of the strength and weaknesses are discussed below.
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