We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Samsung Singapore - Essay Example

Comments (0) Cite this document
Summary
Samsung Singapore is a sub-let of the flagship Samsung Electronics, which was established nearly 70 years ago. It deals with a range of products including high-tech electronics and digital media (Chang, 2011, p. 91). Over the times, the company has diversified its product range to include other areas of finance, petrochemicals, semi-conductors, and hotels. …
Download full paperFile format: .doc, available for editing
Polish This Essay96.9% of users find it useful
Samsung Singapore
Read TextPreview

Extract of sample
"Samsung Singapore"

Download file to see previous pages The strategies, projections, and future scenarios of the company are significantly reliant on the tastes, decisions, views, and preferences of the customers. A close attention to the changes in customers’ preferences and opinions is important for the survival of the business. In order to have a competitive advantage Samsung must invest in continuous research practices and maintain feedback mechanisms through social media. This would help the company to carry out necessary changes in line with the market realities. Companies in the telecommunication industry in Singapore have developed strategies for retaining both high-level and low-level clientele through promotions and improved customer care services. Suppliers In the past Samsung has had to contend with the bargaining power of suppliers. Few suppliers operate on the level of standards that meet Samsung thresholds of value. There have been tendencies of these suppliers to use their privileged positions to make arbitrary changes in prices, which affect the operations of Samsung precisely because there are no suitable substitutes for the products. In order to survive such eventualities, Samsung would have to cultivate positive working relations with the suppliers or enter into long-term contracts that have the element of stability. This would impact positively on the growth of the company. Economics and Geography Economic and geographical factors have had some significant impact on the performance of Samsung Singapore in the previous financial periods. The growth of the country’s economy has had significant impacts on Samsung Singapore. For instance, the tourism industry and the information and technology sectors have experienced significant growth in the past decade. One of the...
56). However, new market realities have emerged demanding some changes in the way, which companies operate their businesses in. Samsung Singapore will have to carry out strategic changes in its operations in order to keep up with the pressure of competition from emerging competitors and other macro-economic forces that affect the status of the industry. In the recent past global Samsung has taken advantage of the synergies of globalization and liberalization to spur growth and positive performance (Niewwenhuizen, 2009 p. 58). The need for strategic reorganization is based on the necessity of total quality management policies within the company. Competitors The past two decades have witnessed a consistent growth of stiff competition on the mobile telephone sub-sector in Singapore. Favourable government regulation policies and the policies of liberalization are some of the external factors that contribute to the competitive factor on the market. In order to survive, many companies have engaged in promotions, expensive advertisements, and value addition services that are aimed at increasing their influence in the vast mobile telephone market. Samsung utilizes its strong revenue base and modern market practices to maintain its profile on the competitive market environment (Adekola & Sergi, 2007). Multiple strategies ranging from strategic marketing to price modulations have also ensured the growth of the company. The process of planning cuts across the various levels of the organization. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Samsung Singapore Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Retrieved from https://studentshare.org/management/1457585-samsung-singapore
(Samsung Singapore Essay Example | Topics and Well Written Essays - 1500 Words)
https://studentshare.org/management/1457585-samsung-singapore.
“Samsung Singapore Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.org/management/1457585-samsung-singapore.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Samsung
The products offered by the company are electronic and electrical appliances which include television, refrigerator, air conditioners, washing machines, calculators, semi conductors and digital media.
7 Pages(1750 words)Essay
The Electronic Appliance Maker And Marketer (Samsung)
According to the paper Samsung operates in the consumer appliances and consumer electronics industry, manufacturing and marketing a variety of products which include mobile phones, TVs, Washing Machines Etc. The Company has successfully controlled the vast global market for consumer electronics managing to stay on top. PESTEL analysis is an acronym for the internal and external environmental factors which include issues from the political, economic, social, technological, environmental and legislative areas of a business.
11 Pages(2750 words)Essay
Samsung
Samsung Electronics Ltd is an international leader in telecommunication, semiconductor, digital convergence technologies and digital media. The company is a typical paradigm of a family run corporation or ‘Chaebol’ which is an essential element of the South Korean business industry.
14 Pages(3500 words)Essay
Company- Samsung Electronics
There were two sectors in the development of the Korean electronics: labour-intensive consumer products and integrated circuit (IC) assembly. One of the top players in the manufacturing and exporting of electronics products in Korea was Samsung (Steinberg, 2010).
10 Pages(2500 words)Essay
Samsung
Via these exertions, Samsung anticipates to have positive impact to the world and enhance a fuller involvement for all this is according to an article from Samsung’s website. Samsung has planned a particular strategy of reaching 400 billion dollars in returns and developing as among the globe’s top five brands by 2020.
4 Pages(1000 words)Essay
Samsung
Discuss the role of marketing in Samsung's success. Samsung had a vision to become a global leader in the era of emerging digital convergence that is defined by the combination into one product of different products, as well as the linking of many technologies using a single network.
4 Pages(1000 words)Case Study
Factors influencing decision making in organizational change: a case study of Samsung Electronics
Change is an inevitable process in any organization that seeks to grow and become successful. As Griffith & Moorhead state, an organization may be forced by circumstances to change, or the change may be deliberate in response to the internal and external environments. Mostly, the middle management within the organization is tasked with making decisions with regard implementing the changes.
7 Pages(1750 words)Essay
Marketing Strategies of Samsung Electronics and Apple Incorporated
and Samsung Electronics are some of the major players with subsidiaries across the globe owing to their huge customer base. Apple Inc. mainly manufactures computers, mp3 players, and smartphones while Samsung Electronics is involves in the manufacture, distribution, and sale of a wide range of products including televisions, digital cameras, smartphones, audio and kitchen appliances.
10 Pages(2500 words)Essay
Samsung
The company is a multinational one that is based in South Korea. Being establish long back in 1938, the company provides various types of technological gadgets, semiconductors, petrochemicals, skyscrapers and finance (“Intel and Safaricom Unlock Kenya’s Smartphone market”).
10 Pages(2500 words)Essay
Samsung
It has set trends in the memory segments of the market and is a reputed brand for its quality and value for money. The initial struggle the company endured for a share of the emerging markets can be considered to have eventually paid off when we look at the markets and the level of competition in the 80's.
4 Pages(1000 words)Essay
Let us find you another Essay on topic Samsung Singapore for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us