Describe Samsung as a conglomerate. What type of diversification does Samsung pursue? Identify possible factors such as core competencies, economies of scale, and economies of scope that might underlie its success as a diversified conglomerate (chaebol). Which do you consider its key success factors?

The conglomerate is a term for a company that expands into markets different from the one in which it is currently operating. It is a business’s financial strategy aimed at raising shareholder value. The downside of that kind of strategy is that it increases the risk in one or more areas and, at the same time, lowers profit margins and sales. Therefore, it implies that instead of hiring various engineers for different goods, for instance, Samsung uses a single set of engineers to design most of its products, giving Samsung more services at a lower cost.

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Academic.Tips. (2023) 'Describe Samsung as a conglomerate. What type of diversification does Samsung pursue? Identify possible factors such as core competencies, economies of scale, and economies of scope that might underlie its success as a diversified conglomerate (chaebol). Which do you consider its key success factors'. 20 January.

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Academic.Tips. (2023, January 20). Describe Samsung as a conglomerate. What type of diversification does Samsung pursue? Identify possible factors such as core competencies, economies of scale, and economies of scope that might underlie its success as a diversified conglomerate (chaebol). Which do you consider its key success factors? https://academic.tips/question/describe-samsung-as-a-conglomerate-what-type-of-diversification-does-samsung-pursue-identify-possible-factors-such-as-core-competencies-economies-of-scale-and-economies-of-scope-that-might-underli/

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Academic.Tips. 2023. "Describe Samsung as a conglomerate. What type of diversification does Samsung pursue? Identify possible factors such as core competencies, economies of scale, and economies of scope that might underlie its success as a diversified conglomerate (chaebol). Which do you consider its key success factors?" January 20, 2023. https://academic.tips/question/describe-samsung-as-a-conglomerate-what-type-of-diversification-does-samsung-pursue-identify-possible-factors-such-as-core-competencies-economies-of-scale-and-economies-of-scope-that-might-underli/.

1. Academic.Tips. "Describe Samsung as a conglomerate. What type of diversification does Samsung pursue? Identify possible factors such as core competencies, economies of scale, and economies of scope that might underlie its success as a diversified conglomerate (chaebol). Which do you consider its key success factors?" January 20, 2023. https://academic.tips/question/describe-samsung-as-a-conglomerate-what-type-of-diversification-does-samsung-pursue-identify-possible-factors-such-as-core-competencies-economies-of-scale-and-economies-of-scope-that-might-underli/.


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Academic.Tips. "Describe Samsung as a conglomerate. What type of diversification does Samsung pursue? Identify possible factors such as core competencies, economies of scale, and economies of scope that might underlie its success as a diversified conglomerate (chaebol). Which do you consider its key success factors?" January 20, 2023. https://academic.tips/question/describe-samsung-as-a-conglomerate-what-type-of-diversification-does-samsung-pursue-identify-possible-factors-such-as-core-competencies-economies-of-scale-and-economies-of-scope-that-might-underli/.

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"Describe Samsung as a conglomerate. What type of diversification does Samsung pursue? Identify possible factors such as core competencies, economies of scale, and economies of scope that might underlie its success as a diversified conglomerate (chaebol). Which do you consider its key success factors?" Academic.Tips, 20 Jan. 2023, academic.tips/question/describe-samsung-as-a-conglomerate-what-type-of-diversification-does-samsung-pursue-identify-possible-factors-such-as-core-competencies-economies-of-scale-and-economies-of-scope-that-might-underli/.

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