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  1. Krispy Kreme

    Krispy Kreme. Introduction I chose to do my financial analysis paper on Krispy Kreme
    Doughnuts. ... Analysis The liquidity of Krispy Kreme Doughnuts is excellent. ...

  2. Krispy Kreme

    Krispy Kreme. Krispy Kreme Doughnuts began its existence on July 13, 1937
    in Winston – Salem, North Carolina. It all started with ...

  3. Krispy Kreme

    Krispy Kreme. ... CURRENT MISSION, GOALS, & STRATEGY: Krispy Kreme will expand international
    with new stores projected for Canada and other countries shortly after. ...

  4. Krispy Kreme

    Krispy Kreme. Krispy Kreme ... Doughnuts Inc. Krispy Kreme is a highly successful
    company, whose main product, not surprisingly, is doughnuts. ...

  5. Krispy Kreme

    Krispy Kreme. Introduction Krispy Kreme Doughnuts was the dream of a great
    entrepreneur, Vernon Carver Rudloph. Although, Mr. Rudolph ...

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Krispy Kreme

Submitted by mittak on October 1, 2007

Category: Business
Words: 2398 | Pages: 10
Views: 291
Popularity Rank: 33,553
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Samsung Electronics Company Limited has been cranking up new product development process to develop and launch hundreds of innovations based on the latest technology and beating competitors to the marketplace. They produce premium priced, feature-jammed goods and have been a strong rival for Sony, Nokia, and Panasonic. They target their products towards affluent households with high annual incomes. Samsung’s products include TVs, cell phones, digital music players, personal digital assistants (PDAs), DVD players, camcorders, camera phones, and more. In each of these products categories, Samsung offers many models, and they are sometimes the first firm in the industry to launch a given type of product. At other times they closely follow the innovation firm, trying to improve on what the rival offers (a “second-but-better” strategy).
Despite Samsung’s success, it will have to determine how to maintain its growth in an industry where stalwarts like Sony, Nokia, Panasonic have faltered. Due to rapidly-changing technology, the consumer electronics industry’s product life cycle is extremely short and getting shorter, many companies beside Samsung are falling behind the curve for lack of innovation. Also, According to Exhibit 4, Samsung ranks fourth in the Plasma TVs and Camcorder global market and ranks third in the mobile phones and microwave ovens market. Now each year Samsung is making a loss on these digital appliances, which is becoming a growing concern for Samsung’s lead managers. After a careful review of these central issues pertinent to the Samsung Electronics case we recommend three alternatives, diversification to explore new hardware markets, incremental innovative technology for software to restructure the company’s sustainable business model and aggressive marketing campaign for the digital appliances to improve the profit margin.
Samsung electronics can diversify to explore new hardware markets by the means of internal development. By...

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