Prior to beginning work on this assignment, read The Wall Street Journal article , and the Business Insider article .
In a three- to four-page paper (not including the title and reference pages) assess how Samsungs technological smartphone innovation accounts for the companys sales growth of mobile devices worldwide.
In your paper, determine whether Samsung could benefit by implementing a global product line-up strategy to pursue profitability. To make the determination go to Samsungs.com official website and locate the Investor Relations link to retrieve Samsungs financial statements. Utilize the SEC filings and annual reports to summarize Samsungs principal goods and services, market share, geographic locations where it operates, and major competitors.
Samsung is a leading smartphone vendor worldwide. In 2017, Samsungs market share of the global smartphone market was at around 21.6% with Apple as its closest competitor in the market. As the worlds biggest smartphone maker, Samsung tries to keep profits up in its mainstay mobile phone business, but the rising costs of the components that go into its devices proves to be a challenge.
In your paper,
Assess whether Samsung could benefit by using Activity Based Costing (ABC). Your evaluation should include
factor(s) that influenced your decision,
the ramifications of implementing ABC in the Global smartphone market, and
how you would structure the distribution of costs using ABC for Samsung.
Assess whether Samsung could benefit by using a standard cost system. Your evaluation should include
the factor(s) that influenced your decision,
the ramifications of costs, quantity, and variances, and
the ramifications of using standard costs in the global smartphone market.
Explain how Samsung could benefit by product pricing in terms of cost-plus concepts. This explanation should include
Samsungs future plans, such as, expansion, consolidation, and downsizing, and
how costs concepts could be used in the decision making.
The Samsungs New Challenge: Rising Component Costs Final Paper
Must be three to five double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the Writing Centers resource.
Must include a separate title page with the following:
Title of paper
Course name and number