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the success of Samsung can be attributed to several factors:
a) Technological innovation: Samsung has a strong focus on technological innovation, which is evident in its rapid development of smartphones and consumer electronics. By continuously introducing new and advanced technologies, Samsung stays ahead of its competitors and meets the evolving needs of its customers.
b) Diversification: Samsung started as a small trading firm and has evolved into a diversified multinational enterprise. Its ability to operate in various markets and industries allows it to leverage its resources and expertise across different sectors, reducing risks and maximizing opportunities for growth.
c) Market penetration and development strategies: Samsung's organizational structure enables effective market penetration and development. By having a presence in multiple markets, Samsung can reach a wider customer base and expand its market share. This strategy helps the company maintain a competitive advantage and sustain its success in a saturated and aggressive competitive landscape.
d) Streamlined operations: Samsung's consistent corporate structure across its various subsidiaries and divisions helps streamline its operations. This alignment allows for efficient coordination, communication, and decision-making, ultimately enhancing the company's overall effectiveness and performance
the success of Samsung can be attributed to several factors:
a) Technological innovation: Samsung has a strong focus on technological innovation, which is evident in its rapid development of smartphones and consumer electronics. By continuously introducing new and advanced technologies, Samsung stays ahead of its competitors and meets the evolving needs of its customers.
b) Diversification: Samsung started as a small trading firm and has evolved into a diversified multinational enterprise. Its ability to operate in various markets and industries allows it to leverage its resources and expertise across different sectors, reducing risks and maximizing opportunities for growth.
c) Market penetration and development strategies: Samsung's organizational structure enables effective market penetration and development. By having a presence in multiple markets, Samsung can reach a wider customer base and expand its market share. This strategy helps the company maintain a competitive advantage and sustain its success in a saturated and aggressive competitive landscape.
d) Streamlined operations: Samsung's consistent corporate structure across its various subsidiaries and divisions helps streamline its operations. This alignment allows for efficient coordination, communication, and decision-making, ultimately enhancing the company's overall effectiveness and performance
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