Wednesday, May 15, 2019

BUSINESS RESEARCH TEAM RESEARCH Assignment Example | Topics and Well Written Essays - 250 words

BUSINESS RESEARCH TEAM RESEARCH - Assignment modellingThis has been attributed to the entrance of manufacturers such as Micromax Mobile, Lenovo, Huawei, and Xiaomi, which have brought in let out-priced products with high performance and high-end specifications (Trefis, 2014). Consequently, these competitors have been purpose indulgence and favor among aspirational, budget-mindful consumers who feel that their tastes, preferences and needs are sufficiently met by the companies. Emerging market places are proving to be troublesome to Samsung due to its inability to compete effectively with the new entrants that bring in innovation, more customer-tailored products and services, and low prices that consumers find attractive. Emerging markets that were once lucrative to Samsung have now turned into a liability (Trefis, 2014). What is painful sensation Samsung most is the sheer fact that consumers have decided to expand their horizon and seek other brands that the market provides. App arently, due to competition, Samsung is losing its loyal customer and might soon be operating at a passing play unless the management takes an immediate corrective action to contain the competition and electronics

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