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The Power Of The United States

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The United States of America is one of the superpower countries, if not the most powerful nation in the world. One of the reasons that makes The US a superpower country is that it has obtained a particular status that makes it one of the most desired nations to do business with around the world. However, there is no nation that is self-sufficient by itself and thus it has to rely on other countries and outsource some products from them. That is how growth and development are mostly achieved. Samsung is a billion-dollar company founded by ByunChull Lee as a trading company. Samsung is among many other multinationals who do immense business in this region. Samsung is a South Korean multinational company which was established in the early 1900s …show more content…

This can help Samsung grow their presence in this region (Van, 2014). Samsung should consider getting into partnerships with more retailers and even the firms in the same trade as themselves. It is claimed that if you plan to beat your competitors it will be necessary for you to proceed to learn their ways and more about them before developing better strategies to usurp those of the competitors. One of the ways that they have done this perfectly is by partnering with Best Buy which have helped them stake their claim on the market. BestBuy is a retailer store which has enabled Samsung to tackle head on Apple Inc. Despite this retailer manufacturing their own electronics, Samsung devices sell more within BestBuy stores. Hence more collaborations will definitely prove to be fruitful for …show more content…

This is a fantastic way to work as it provides them with an edge as customers want new products every now and then. However, customers also need to be gifted with new yet qualitative products and not panic products which do break down frequently. Meanwhile, if I buy a product from a particular company and then it malfunctions, I will be entirely put off to do business with that company ever again. Hence in order to maintain a huge presence in this market it will be necessary to move with time but not by producing panic products. There is a current advancement that will be quite important to aid in ensuring efficiency in production, which is the use of virtual reality. This helps the company to inspect design objects at all the imaginable scales. This therefore eliminates all the reported defects in

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