StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Answer questions - Admission/Application Essay Example

Cite this document
Summary
Japan, which once dominated the consumer electronics business, is now facing stiff competition from various other companies such as Apple, Google and Samsung. These companies have focused on easy-to-use software and integration with other online services, cashing on faster…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.1% of users find it useful
Answer questions
Read Text Preview

Extract of sample "Answer questions"

1. (i) Why have Japanese firms, once dominant in the electronics industry, fallen behind competitors such as Samsung, Apple, and Amazon? Japan, whichonce dominated the consumer electronics business, is now facing stiff competition from various other companies such as Apple, Google and Samsung. These companies have focused on easy-to-use software and integration with other online services, cashing on faster improvement and using smart marketing strategies in every country. The past fiscal year saw electronics giant Apple and Samsung take a 20% share in the Japanese market, the highest over the past years when there were no foreign products in market.

Experts believe that Japanese manufactures failed to analyze the consumer requirements such as design and easy to use softwares. Another major reason for the Japanese market is the strong yen which has reduced the profit margins for the goods which are exported. Thin in turn has affected investments for the production of new products and technologies. Companies like Sonly which was the first to manufacture LCD televisions fitted with LEDs or light-emitting diodes was ousted by Samsung which manufactured similar televisions but named them LEDs in order to distinguish them from the Sony products.

This marketing strategy boosted Samsung’s sales in America while Sony did not even feature among the top five sellers. Thus despite being a forerunner in several technological breakthroughs Japanese companies have not been able to gain a sizable market share mainly owing to the marketing strategies employed by their competitive companies. (ii) What is ‘monozukuri’? How has this influenced Japanese firms?Monozukuri refers to the traditional art form of making things which also included producing technical breakthroughs in hardware and software manufacturing.

Japanese electronics companies invested heavily in technical advancements by producing thinner and smaller devices but however, lost sight of the consumer requirements. A case in point being the Librie, which was the world’s first e-book produced by Sony Corp. Despite its brilliant technical features. The e-book lost out in the market to Amazon’s Kindle, as its software was in Japanese and required the assistance of a computer to download books and also had a limited selection range. Thus though Japanese electronics have been the forerunner in many technological advancements ranging from smartphones, televisions and other similar gadgets, they have lost out in the marketing strategy and in meeting the requirements of their local and international consumers. (iii) Which environmental forces (micro and macro) have strongly influenced Japanese firms such as Sony, Panasonic, Sharp, and Toshiba, in the last few years?

In addition to facing stiff competition from world companies in marketing their products and the strong yen, Japanese technological firms are also facing competition from inside their country. With several companies cashing on the growing health care and energy device manufacturing, the rising competition has driven down prices, reduced profits and has not allowed any single company to be recognized in the global front. While companies such as Sharp and Panasonic are concentrating on producing energy efficient batteries and solar units, Sony has entered the healthcare sector with high-profile acquisations of medical equipment manufactures.

With a lesser market share in televisions, smartphones and other similar electrical goods, Japanese electrical giants are forced to venture into other promising sectors in order to regain their profits. 2. Due to various environmental forces, several Japanese firms in the electronics industry have struggled recently and fallen victim to their competitors. What can these firms do to overcome these struggles and achieve success in the marketplace? What challenges will these firms face in the future?

Please include your own ideas/suggestions beyond those in the assigned readings. Be specific.With the Japanese firms losing out to market leaders in televisions, smartphones, e-books and other similar gadgets, a wiser move would be to invest in alternative technological devices such as solar panels, energy efficient batteries, medical equipments and other healthcare devices. As the companies view the demand in the domestic market to increase, investing in an expanding market would be more lucrative rather than putting their money on consumer electronics which are already dominated by other players.

The Japanese firms have also reduced their investments in R&D, which in turn has allowed companies such as Samsung to invest more funds into research and dish out new technologies. While the Japanese may be lagging behind for the moment, they can eventually catch-up with these firms once their profit margins are high and then begin development of high-end consumer goods.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Answer questions Admission/Application Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.org/marketing/1638259-answer-questions
(Answer Questions Admission/Application Essay Example | Topics and Well Written Essays - 500 Words)
https://studentshare.org/marketing/1638259-answer-questions.
“Answer Questions Admission/Application Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/marketing/1638259-answer-questions.
  • Cited: 0 times

CHECK THESE SAMPLES OF Answer questions

Protection of Journalistic Sources

The Human Rights Act means all public authorities must ensure that everything they do is compatible with the Convention Rights unless an Act of Parliament makes that impossible.... … The 1950 Convention, which followed the earlier Universal Declaration of Human Rights proclaimed by the General Assembly of the United Nations in 1948, seeks to give all citizens in Europe certain essential rights and fundamental freedoms....
8 Pages (2000 words) Essay

Evaluation of web-site/nursing

As the name of the web site suggests, I believe that its purpose is for the nurses to express thoughts and ask and answer questions.... Its over-all layout is one thing.... But its web content is a different story.... I have chosen the web site allnurses.... om.... With its tagline “Where Nurses Come Together”, I already thought of it as a forum site for… The text in the web site states that it is an online community for nurses....
2 Pages (500 words) Essay

Summarize the article provided into one page

Everyone was curious and scientists set out to answer questions and find solutions.... There was curiosity, skepticism, and a plethora of questions.... In his article, “How to Defend Society Against Science,” Paul Feyerabend divulges into the concept that science is just another ideology and should be treated as such....
1 Pages (250 words) Essay

Difference between a Public Good and a Private Good

Use your book and the Tomlinson video tutorials as a tool to help you answer questions about market structures. A public good is both non-rival and non-excludable.... Use your book and the Tomlinson video tutorials as a tool to help you answer questions about market structures.... hellip; Additionally, it is difficult if not impossible to prevent an individual from using the good. A common resource consists of natural resources or man-made, which can be used by a large population through Associate Level Material Appendix C Differentiating Between Market Structures Table and questions Fill in the matrix and describe differences in public and private goods, common resources, and natural monopolies....
1 Pages (250 words) Essay

Organizational Communication

He displayed great willingness and enthusiasm to answer questions quickly and on the spot (p.... He encouraged them to ask questions or complaints either directly or through a fishbowl kept in the companys cafeteria.... According to Jane Callanan, Jim Sims after being appointed as the new CEO at CTP focused mainly on uplifting the morale of the employees and rebuilding their lost trust in the management....
1 Pages (250 words) Assignment

See the upload powerpoint

Unlike certain small organizations, the CEO will oversee the whole transition process in order to work towards… Since the topics of discussion s will bear some elements of contention, it is vital that all the managers and director involved possess adequate confidence levels in order to for them to answer questions raised by employees in Speech Presentation Indeed, organizational transition is very important in the sense that it enables the adoption of new management strategies in addition to providing the platform for restructuring....
2 Pages (500 words) Essay

Discussion post

Also, it has a minimal chance of bias since exclusion and inclusion criteria are… Rationale: a randomized controlled trials design is appropriate since the objective is to evaluate whether the utilization of soap and water or alcohol-based rubs are Discussion post due: Review of research questions Question one Research Design: Randomized controlled trialsStrengths: The research design is used to answer questions of effectiveness and efficiency of an intervention technique....
1 Pages (250 words) Assignment

How to Prepare for and Take Test

The test was always about how to answer questions and writing as much as I knew about the question.... … The paper "How to Prepare for and Take Test " is an excellent example of an essay on education.... A lot of people who have trouble taking tests have trouble because they don't know the right way to study....
2 Pages (500 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us