Vision (orginal avail in website) LG Electronics continues to pursue its 21st century vision of becoming a worldwide leader in digital—ensuring customer satisfaction through innovative products and superior service while aiming to rank among the world’s top three electronics‚ information‚ and telecommunications firms by 2010. Mission The mission of LG is to provide the customers with utmost satisfaction through leadership. The fundamental policy of development is to secure product leadership
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Mission Statement is a brief description of the higher goals of an organization. It’s purpose is to improve the cohesion and coherence of an organization. Examples: 1) Wal-Mart Stores: To help people save money so they can live better. 2) Metro: To bring together people and products in all corners of the globe. 3) Tesco: To create value for our customers to earn their lifetime loyalty. 4) Gazprom: To ensure an efficient and balanced gas supply to consumers in the
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PRICING STRATEGIES AT HP AND KODAK When marketing products‚ it is very unlikely that consumers will purchase every products created. The days of creating products and marketing to all consumers are over. Customers have wants and needs and they know where to go and find their wants and needs. The objective to a successful marketing campaign is to separate your product from the competition. Michael Porter developed a model to formulate strategy’s to gain competitive advantages over the competition
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Kodak and Fujifilm Kodak and Fujifilm are well known companies in the households in the United States and across the world. Few people know the actual history of both companies and the competition they have been in over the years. It’s an interesting history on how both companies started and how they have developed and challenged each other over the years. George Eastman‚ who was the founder of Kodak‚ started his business career as a 14-year old boy when he had to quit school and work to
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Eastman Kodak As the photographic market had a significant transformation due to the technology in the last five years‚ Kodak‚ one of the leaders in this industry is currently straggling with the transformation and end up losing sales in the traditional photographic market. Moreover‚ the intense competition in the digital camera market has driven the profit margin to a razor-thin level. After reading the case and browse through Kodak¡¦s website‚ I came up with several recommendations that are
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Eastman Kodak and Fujifilm Sandra Greene BUS 302 Professor Cheryl J. Johnson 2 Feb‚ 2013 Eastman Kodak and Fujifilm 1. Describe the history and core business of each company. Kodak was considered the Google of its day. It was founded in 1880 and known for its pioneering technology and innovative marketing. “You press the button‚ we do the rest‚” was its slogan in 1888. By 1976 Kodak accounted for 90% of film and 85% of camera sales in
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Reflection on Toward a New Vision by Patricia Collins We tend to attribute our values and achievements to the personal qualities some of which are believed to be acquired thought the lifetime‚ while ignoring the inherent dimensions of identity that shape us without our intervention. When I followed Patricia Collins’s advice and pictured myself as a member of different race‚ class and a gender group‚ the boundaries between my personal accomplishments and favorable environmental factors became blurred
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purposes with attribution to the copyright holders Foreword Charting economic and social progress in modern societies depends on a clear vision and a strategy about how to get there. Wise political leaders know the direction in which they would like their societies to develop‚ balancing the interests of present and future generations. Qatar National Vision 2030 builds a bridge between the present and the future. It envisages a vibrant and prosperous country in which there is economic and social
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KODAK FUNTIME ANALYSIS 1. Diagnosis of the reasons for Kodak’s market share loss and assessment of likely development of the market if Kodak maintained the status quo. Answer: Kodak had been experiencing a loss on market share from 76% to 70% over the past five years‚ which was caused by the action of its competitors like Fuji Photo Film Co. and Konica Corp.‚ wooing consumers with low-priced versions. If Kodak did nothing to deal with the situation‚ either in pricing or creating something
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Our Vision is ... | | | To be the most preferred company that brings Luxury in every home. | Our Dream Mission is to ... | | | | Inspire people to live better & luxurious lives. | | | Create a second earner to make an extra income towards the rising inflation. | | | Provide the best business opportunity. | | | A Laptop for every home in India. | | | Deliver exceptional quality products to urban and semi urban homes. –best buyAt
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