Description
Case studies!
Each module you will have a case study to complete. This is an APA paper in which you argue for or against an organizations strategic progress. There is no right or wrong here, only your ability to properly communicate in a professional manner.
In case you haven't written an APA paper in a while:
Explanation & Answer
View attached explanation and answer. Let me know if you have any questions.
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Case Review: “Samsung Overtaking Philips, Panasonic, and Sony as the Leader in the Consumer
Electronics Industry.”
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Introduction
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The expanding tendency of internationalization alters how businesses are structured and
run by forcing them to think about how to create their strategy worldwide.
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This process would include adjustments to the business' internal structure and a full
understanding of how the market functions (Roque et al., 2019).
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The techniques used by Philips, Panasonic, Sony, and Samsung to become global leaders
in the consumer electronics sector are examined in this case review. Specifically, every
company's foremost capability and significant obstacles to becoming a powerhouse in
the consumer electronics sector.
Background
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Evaluating the influence variables is the first step in establishing the company's degree of
competitiveness (Kotenko et al., 2021).
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Dependent on the area of impact, various elements may be internal, such as a company's
procedures, technologies, human resources, corporate strategies, hierarchy, and
performance (Kotenko et al., 2021).
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For example, in the situation under consideration, Philips became the dominant player
from 1920 to 1980 after implementing a multi-domestic approach that depended on a
decentralized organization to enable local market differences (Dyer et al., 2017).
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However, external variables that affect businesses and enterprises work together to boost
performance and provide a sustainable competitive edge (Kotenko et al., 2021).
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For illustration, Panasonic surpassed Philips owing to a worldwide strategic approach that
viewed the entire world as one marketplace and offered cost benefits because of a
relatively consolidated organizational structure (Dyer et al., 2017).
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Furthermore, Samsung passed Sony and Panasonic attributed to a transnational approach
that effectively compensated for localized uniqueness on certain characteristics, like
product packaging, while consolidating on other measurements, including R&D and
production (Dyer et al., 2017).
Case Evaluation – Capabilities and Key Success Areas
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Regarding a company's core competencies, Philips' concentration on technology and
product innovation was the primary factor in its rise to global leadership in the household
electronics sector.
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Furthermore, Philips might have returned to its former position as the leading manufacturer
with internationalization (Dy...