Answer to Question #216343 in Management for Edd

Question

Discuss the types of cooperative strategies undertaken by Samsung Electronics Co. What is the company’s rationale behind employing these types of strategies? 

Answer 1

1.Using worldwide integration, the company's global strategy aims to boost capacity, cost efficiencies, and workforce competencies. Samsung Electronics adopts this method to grow by establishing manufacturing facilities in strategic locations throughout the world and leveraging local labor, expertise, and markets.

2. Partnership strategy: The company has successfully partnered with other market giants, such as Microsoft, in increasing capacity. This approach aimed to increase corporate interest, improve digital technology, and give professionals the ability to work from anywhere.