Question

In: Economics

how samsung company facing environment (including competitors)

how samsung company facing environment (including competitors)

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Expert Solution

Samsung has put its initiatives and dedication to develop eco-friendly products. As per the foundation laid by Samsung for eco-management as a philosophy for the 21st century in the Samsung Environmental Declaration in the year 1992. As per this Samsung is committed to produce eco-friendly produce, reduce the green house gases, to reuse waste materials and waste products and to reach out to local communities. Thus Samsung is committed to build a better environment and better country with its eco-friendly solutions.

The major competitors of Samsung are Apple, LG, Sony, Huawei, htc and Motorola. Through it sustainable and eco-friendly products , Samsung has taken a lead. It is on constant growing phase by launching new and innovative products and by acquiring 20 major companies. It has also gone for market expansion and has stepped into various countries with its new and innovative products.


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