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Ethical theories and their application to business
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The case of Samsung Galaxy Note 7 Explosion The newest creation for Samsung's Galaxy line was the Note 7, which was unveiled on the 2nd of August in New York. The release came three weeks before the iPhone 7 and anticipated that would achieve 19 million in sales. Many trusted this phone to be the first to beat an iPhone and releasing it before the iPhone 7 was a powerful procedure to take some piece of the market share. Unfortunately, the truth didn't fit the expectations. Only 5 days after its release, the Note 7 went down on fire. Samsung reported a total recall of 2.5 million phones (Reuters) stating that flawed batteries must be the problem. Be that as it may, Samsung Engineers couldn't get a phone to explode yet, so there weren't any realities to back this announcement up. They changed their supply chain by moving it around another of their battery producers and conveyed While watching an unethical position, the virtue theory considers the individual's reputation and reason for acting that "Act in order to exemplify an assortment of prudent or great character attributes thus as to maintain a strategic distance from horrible or terrible character qualities”. By being eager with their due dates, Samsung showed misguided thinking and poor character. The absence of control is what made them release a faulty product and further impatience is what made them release a defective substitution. Samsung at that point tried to conceal the damage to keep sales going on with no concern for Galaxy customers. The send out a risky substitution without analysing properly the deformities but they still carried on because of their own self-intrigue, with no regard for their
Just like the iPhone. When the iPhone first came out it was one of the most popular phones ever. And from the iPhone then Samsung started to think we should create a phone that is similar to it. Till this very day Apple and every other phone companies compete. Although they are thinking alike they both come up with very different things. They make their phones operate differently. The Apple IPhone is easier to work with while the Samsung Galaxy phone is harder to operate. Although, Samsung has tried to make a duplicate like the iPhone both phones come with different features.
The features of their mobile phone are the crucial part of their parity, for e.g. – introduction of galaxy phone. Talking about the point of differentiation, recently we have seen Samsung is going to launch Galaxy S6 with a curved screen; which is a very new concept in this mobile sector and none of the other companies have so far been able to introduce such a new concept. Samsung seems to be the pioneer in this criterion and have done something off the hook. Overall the performance of this brand seems to be very impressive in terms of popularity, revenue and the contribution they are making to the mass public by offering their products. Nevertheless, I would still like to recommend an improvement regarding one of their major drawbacks, which Samsung still doesn’t seem to have overcome. Even though Samsung claimed they don’t actually make their customers a wall hugger, in reality actually they do. Hence, they should focus more on these specifications so that consumers don’t get the chance to switch brands in the blink of an
Samsung has created its own versions of the iPhone and iPad that are usually much faster than the iPhones for the same price (Williams). This is something apple has to deal with on a regular basis, because it will push companies to always improve their products. Without competition we would probably have an iPhone that’s no better than the first one they released years ago.
Samsung Electronics Company (SEC) began doing business in 1969 as a low-cost manufacturer of black and white televisions. In 1970, “Samsung acquired a semiconductor business” which would be a milestone that initiated the future for SEC. Entering the semiconductor industry would also be the beginning of the turnaround phase for SEC. In 1980, SEC showed the market its ability to mass produce. SEC became a major supplier of commodity products (televisions, microwave ovens and VCRs) in massive quantities to well known original equipment manufacturers (OEMs). For this reason, Samsung was able to easily transition into a major player in the electronic products and home appliances market (Quelch & Harrington, 2008).
Samsung has the widest range of product portfolio that include: Mobile phones, home appliances, TV/Video/Audio, tablets, PCs, printer, camera, camcorder, periphe...
For the Samsung Galaxy Note 8, we expect the sales to grow in the first quarter of year one. With people still suspect about the phone there won’t be a fixed demand on a per month basis. After a couple months pending no problems with the smartphone people will have their faith in Samsung again and purchase the Galaxy Note 8. After the first year, we expect the Galaxy Note 8 to reach a profit of 1 billion dollars. During this section, I will explain the sales forecast for each month and for the next 3 years. Also, I will discuss the breakeven analysis of the Samsung Galaxy Note 8, the cost to build the smartphone, how much we are willing to pay for expenses and what expense we focus on the most.
The reason why Samsung Galaxy Note 3 is a gift for everyone, it is affordable and handy with Office applications for word processing, spreadsheets and presentations. It can do anything someone wants. It is true that we always want to get the fanciest devices any time one comes out. The Samsung Galaxy Note 3 TV commercial claims to do more and talk less and bring audience to use this product. The question is “Do we really need one?” What if we do not have money to buy any product? Are we going to put ourselves into debt? Well, Samsung wants its customers to always be updated. Even though they do not need their product, they do have to buy it. We think that most people are willing to do so because they are fascinated by ads, which reach their intention and push them to own one.
...ts. Since they both target the same number of people Samsung, with its thin, sleek swanky phones poses a great threat to Motorola at the global level. Rivals LG are not far behind. LG Chief Executive Nam Yong recently stated that they too would try to exploit Motorola’s current low phase to sharply increase their market share.
Samsung phones for years has been upping the technology increase in their phones for people to have better usage of them so it will be forever entertaining and attention grabbing. The latest phone Samsung has to offer is the Samsung Galaxy s7 Edge. It is more cunning, sleeker, and easier to use ever than before; although, you will always have a rival creeping around the corner. The creeping rival is Apple’s latest phone, the iPhone 7 Plus. Both phones came out to be sold respectively with Samsung Galaxy S7 Edge (Galaxy S7 for short) being released in March of this year (gsmarena.com , Samsung Galaxy S7 Edge ) and the iPhone 7 Plus being released in September of this year (cnet.com, paragraph 2). Both phones compete almost on every level almost
In 2014 both Apple and Samsung sold a combined total of about 108.2 million units of their products! Samsung sold about 71 million units while on the other hand Apple sold 94.75 million units. For the past few years, the competing and comparison between Apple and Samsung was at its maximum. Fights started between people to prove an idea about which company is the best but they did not know that they were only comparing their smartphone. That is not the only thing a person should concentrate at while comparing two of the biggest multinationals in the world. People should look at the sales of all of the company’s products, their profits and losses, the history of the company, and the reviews of the people about their products. Samsung has proven itself to the people in the past few years of being better than Apple especially when it came to smartphones and laptops.
From the Research that I have done I have found quite a lot of risks for mobile phones. Every phone from different countries has different Security risks. Different risks affect people differently; some are on a really small scale and some risks which can ruin people’s lives.
Putting rest to all the rumors and numerous leaks surrounding its release, the iPhone 7 and iPhone 7 Plus have been released. Today we’ll take a look at the elder sibling of the new duo of iPhones, the iPhone 7 Plus. It has some welcome additions compared to the previous iPhone models, but there is not much of a change when it comes to the overall design. The major selling point of the 7 Plus is obviously the dual-camera setup at the rear, which is a first for the Cupertino based company.
This theory involves evaluating the individual making the decision rather than the actions or consequences themselves. Aristotle defined “virtue as a character trait that manifests itself in habitual actions.” (Boatright, 2012) This means that you are not considered virtuous because you did the right thing one time, you must be consistent. Virtue character traits include: compassion, courage, courtesy, etc. these traits not only allow for ethical decision making but they also provide happiness to the individual possessing the traits. When a person has virtue as a part of their character their actions will be moral and ethical without having to choose between what they want to do and what they should do – the decision would be the same. Their actions and feelings would coincide with the moral rationale of the virtue theory. Advantages of the virtue theory are instilling good moral character traits into individuals allowing for more ethical decision making based on personal character. Also, the virtue theory promotes happiness through good moral character which encourages people to make ethical business decisions but also ethical personal decisions – leading to a more fulfilling life. A disadvantage is virtue ethics is trying to determine a list of virtues that people should possess, each trait needs to be carefully
Besides Apples iPhone being one of the most expensive phones in the market right now, many of the other Smartphone competitors also engage in price wars with Samsung in attempt to pull market share away from both Samsung and Apple, the two largest Smartphone market shareholders. Engaging in price wars creates a big threat to Samsung because competitors are able to drop down prices for their phones in order to
Samsung Electronics being one of the world's largest semiconductor manufacturers, it is also a top electronic company in South Korea. Samsung electronics as the Samsung group's main enterprise, has so far set up displays, CDMA system in China as well as mobile phones, printers, fax machines and appliances 11 joint venture factories, one R&D center, three sales companies and a service center, with more than 11000 employees. Samsung comes up with many kinds of consumer devices, including DVD players, digital TVs, and digital still cameras; computers, color monitors, flash memory, and display drivers. There are communications devices ranging from wireless handsets and smartphones to networking gear. The company, which is the chief member of Samsung Group, also makes microwave ovens, refrigerators, air conditioners, and washing machines. Nearly half of sales come from the Asia/Pacific region. Their aim is to develop new and innovative products to appeal to the consumers to keep progressing in the market and to retain customers with the brand.