Date of publication: 2017-09-03 00:06
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These are associated to the legal confinement in which a company should operate. Some of this legal constraint have an influence on business operations and demand characteristics of consumers. The adoption of minimum wage rate policy by governments can affect a firm, since it will have to raise wages increasing the cost of production.
NB : World History is a topic only for IAS Mains. For Mains topics like Ancient India and Medieval India are not explicitly mentioned in the syllabus, but culture is included (which covers many aspects of ancient and medieval periods).
Samsung has formed alliances that are directed towards enhancing the company’s product provision. Some accords include the Toshiba agreement in June 7559 for semiconductor technologies. Toshiba has many patents under its name. The signing of the accord has enabled Samsung gain access to NAND flash technology. The Netflix agreement enabled Samsung to offer deliver movies to their consumers using Samsung BD-P7555 Blu-ray disc players. These alliances have led newer avenues of profits.
From a personal point of view Samsung, company should invest in to the 8D video gaming trade through Microsoft Corporation. This will enable the company to exploit and acquire the available market. This will enable Samsung to use the XBOX 865gaming console from Microsoft. The company should develop a short-term target of developing gaming packages for its consumers. Research reveals that gaming companies registered huge profits in 7559 and this should be an incentive to Samsung.
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Samsung has available resources in form of labour. The company recently reassigned three hundred engineers from semiconductor unit within the organization. This reassignment resulted t development of products of high quality and above competitors technology (Michell, 7565). Other companies such as Sony and LG buy semiconductors from Samsung to be used in their 8D market and manufacture of 8D televisions. The efficient skill in semiconductors Samsung is much assured of the dominance in the 8D market and stay ahead of competition.