The industry general economic characteristics

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Reference no: EM132254745

1. What information (3 information) and method of recording (2 methods) should be covered when briefing the minute-taker?

(simple and original answer please)

2. For success in any business undertaking, it is necessary to grasp and understand the industry’s general economic characteristics by analyzing the competitive dynamics of the industry. Strategy experts use Porter’s model/framework of ‘The five competitive forces that shape strategy’.

Required:

You are required to refer to the case study ‘SAMSUNG ELECTRONICS: SUCCESS BY DESIGN’

Suggest and discuss four strategies that Samsung Electronics could adopt to create sustainable competitive advantage in the global markets. (500 words)

Reference no: EM132254745

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