Sunday, May 12, 2019
Samsung's International Business Research Paper
Samsungs International Business - look for Paper ExampleSamsung is one of the largest manufacturers that are semiconductors. In South Korea, Samsung is the largest electronics company that dominates the electronic market in the country and its neighbors. The ability to dominate in the area was as a result of the high timber products that the company produced. The products were of great quality hence their increased demand (Davis and Guy 67).Being able to evenly dominate the electronic markets in the locality, the company has gained the loyalty from the customers thus being frequently easier for it to earn more profit that has propelled its extension to the rest of the world. Dominance of the companys electronics especially the mobile phones bring approximately the growth and the development of the companys brand name (Hill and Karen 89). Through the creation of an adverse milieu for its products the company can now efficiently undertake its product manufacture without worries o f whom to be the consumers as they already has an existing market.In promoting the international business, the company has established various marketing strategies that have made it much more effective to operate in the foreign countries. The companys ability to set several(prenominal) subsidiary companies is one of the greatest achievements in promoting international business. The subsidiaries found in most of the countries where they find it contributive to manufacture and assemble their products. The availability of skilled labor, raw materials and market are the major criteria used in selecting the suitable geographical location to set up their branch. The branches help in the satisfaction of customers in the antithetical localities all over the world.Through the branches, the customer satisfaction isusually attained. This is because the clients can easily and efficiently fit the products of their choice hence enhancing their loyalty through the
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