decreased. Also‚ Samsung has the multiple products to sustain itself and high brand value. Besides‚ Samsung has its own advantages: Lower-cost structure: located main R&D facility and fabs at a single site High investment in R&D to maintain technology lead Multiple product segments(LCD‚ Mobile Phones) Financial stability Created high brand value 3. How much of Samsung’s performance is based on its reputed low-cost advantage? According to Exhibit 7a‚ In 2003 Samsung enjoyed a cost advantage
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MICRO ENVIRONMENT includes the following factors. 1.SUPPLIERS : Suppliers are those people who are responsible for supplying necessary inputs to the organization and ensure the smooth flow of production. 2.COMPETITORS : Competitors can be called the close rivals and in order to survive the competition one has to keep a close look in the market and formulate its policies and strategies as such to face the competition. 3.MARKETING INTERMEDIARIES : Marketing intermediaries aid the company in promoting
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Micro-environmental factors such as customers are essential in determining the success of marketing especially when the needs of the clients are satisfied. Similarly‚ the contribution of employees to the company is fundamental in production of high quality products which are highly marketable (Apple‚ Inc. 2008). The media is an equally crucial factor of the micro-environment because any information which originates from the media either positive or negative can adversely affect the sales of the
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3.0 Internal Environment of Samsung 3.1 Resources 3.1.1 Tangible resources In 2009‚ Samsung Electronics has reached $ 110.2 billion market capitalization‚ for the first time beyond Intel‚ the world’s largest semiconductor manufacturer revenue‚ Samsung in 2009 to $ 117.8 billion in annual sales‚ revenue has surpassed HP as the world’s largest electronics company‚ is the world’s first two big chip plant‚ second in size only Intel 2008 is to have up to 21 products in the world market share in the
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Micro Macro A company ’s marketing environment is made up of the ACTORS AND FORCES outside marketing that affect marketing management ’s ability to build and maintain successful RELATIONSHIPS with target customers. The marketing environment is made up of the micro environment and the macro environment. The micro environment consists of the ACTORS CLOSE to the company that affect its ability to serve its customers - the company‚ suppliers‚ marketing intermediaries‚ customer markets‚ competitors
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info Emerald Article: Mobile phones and micro-trading activities conceptualizing the link Richard Boateng Article information: To cite this document: Richard Boateng‚ (2011)‚"Mobile phones and micro-trading activities - conceptualizing the link"‚ info‚ Vol. 13 Iss: 5 pp. 48 - 62 Permanent link to this document: http://dx.doi.org/10.1108/14636691111160635 Downloaded on: 17-02-2013 References: This document contains references to 39 other documents To copy this document: permissions@emeraldinsight
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1.1 The micro-environment This environment influences the organization directly. It includes suppliers that deal directly or indirectly‚ consumers and customers‚ and other local stakeholders. Micro tends to suggest small‚ but this can be misleading. In this context‚ micro describes the relationship between firms and the driving forces that control this relationship. It is a more local relationship‚ and the firm may exercise a degree of influence. These are internal factors close to the company
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Introduction Micro environment is the specific or the task environment of a business which affects its working or operations directly on a regular basis. While the changes or transformation in the macro environment will affect the business in the long run‚ the effects of changes or transformation in the microenvironment will be noticed immediately as it is near to the internal part of the business itself. Let us take a roughly look at the macro environment just to get the rough idea
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Macro environment of apple company. Macro environment is a far environment which comprise of several forces that raise strategic issue to Apple. These forces are social force‚ economic force‚ politic force‚ and technology force which well known as PEST (figure 3). Figure 3 Macro Environment Technology forces The first force that influences computer industry structure is rapid and sustained technical progress. Each year‚ integrated circuits and other electronic components become better
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SAMSUNG MOBILE Samsung Electronics (Mobile Division) operates in one of the most competitive markets of the world. According to the US Federal Communication Commission 67 new Smartphone devices are introduced every year. Samsung traditionally had a conservative image that focused on low-price products for the lower end of the market. With low prices it was able to compete in the lower-market whereas in the upper market it had lesser penetration. To penetrate the upper-market Samsung had to give up
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