Electronic Market, Bar Coding, And Computer Aided Designs

1274 WordsFeb 4, 20176 Pages
online market, bar coding, and computer aided designs, which are regarded as advancements. The major benefit of technology is its ability to cut down production costs and improving quality, especially if there are sales before the production process itself. Samsung is proud of its inventive advance in technology and improving it for manufacturing products that support design technology and features. It is globally recognized that Samsung is very strong on technology. The driving force behind the company’s vast ability and pride is its ingrained culture of innovativeness. Moreover, it has pioneered major technological inventions that it employed in introducing new products in global trade. Mixing between experience and technology knowledge…show more content…
Competitive environment Samsung competition faces many brand competition from other firm in the market that produce products that are differentiated from Samsung itself. This type of competition requires market forecasting, for example, Samsung has envisaged the possible room for 3D TV market share increase. Samsung has analyzed its brand competitors such as LG and Sharp and applied necessary plans for pricing and supplying strategies on the grounds of market envisages. Samsung’s plan is to sell 86 million 3D TVs by 2016, That’s reflecting that they will need to acquire more of the television market share. The company has planned to release new 3D TVs, which are advance. Majority of the competitors have preferred to a model similar to Samsung’s, which is 3D TVs. The dissimilarities are visible in quality and price but the appearances are very close. Sony, Japanese corporation is well recognized for its web advisements, integrating PDF documents to enhance consumer awareness. Sony Company is popular for its Sony Bravia, which is a 3D TV and sells for 2999 dollars. Bravia has similar features as its competitors though it takes after the trends of Samsung. The company is among the top five in the television marketing. Additionally, it invests in other areas of entertainment such as film production, MP3 players and gaming consoles. Sony Company uses other organizations

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