Focus on Profits

By: Material type: ArticleArticleLanguage: ENG Series: ; 8Publication details: Chartered Financial Analyst Nov 2002Edition: 11Description: 83-87pSubject(s): DDC classification:
  •  Rat
Online resources: Summary: Samsung's sales-focused strategy mired the company in deeptrouble-uncontrolled production led to global oversupply,which ultimately meant heavy discounts on its merchandise thereby adding to its losses. But then the shift to a profit-thrust strategy that emphasizes streamlined and controlled production turned the company around.
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Samsung's sales-focused strategy mired the company in deeptrouble-uncontrolled production led to global oversupply,which ultimately meant heavy discounts on its merchandise thereby adding to its losses. But then the shift to a profit-thrust strategy that emphasizes streamlined and controlled production turned the company around.

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