The Global Industry Of Cell Phones - 1411 Words

The industry of cell phone is one of the greatest growing industries in the globe and has internationally expanded swiftly as rising states emerge. The global industry of cell phone is greatly definite by total market share and the supported price upon the type of product. The industry can be classified in three various structures: the low end, middle end, and the high end. The ability of the industry to enlarge globally is essential as the increase of upcoming markets and the coming forth of new potential customers. Nokia has become the world’s number one company in making of cell phones. The products of the company are divided into four divisions: multimedia, mobile phones, networks, and the enterprise solutions. By capturing the†¦show more content†¦Models of Culture The Hofstede model of culture can be used to give the wide-ranging outline and the estimated in the understanding of other cultures, on what one can anticipate from them and how one can act upon groupings from other states. Hampden-turner and trompenaars model expands the core level of the basic model of two layers instead of outer level. Edward hall’s model of cultures is among the dominant theoretical frameworks for interpreting the communication of intercultural. His model develops the perception of social cohesion in relating how people behave and respond in various types of culturally definite personal space. Samsung Company is ascertained with Hofstede model. The model allows people to interact daily with other people from diverse countries in the corporation and with other corporations abroad. The constant goal of Samsung management is to draw the globes most talented and advance the culture of the company to sustain them. I think culture bring inventive ideas that progress technology and the strategy of the business of generating the latest products that advance each day the life of customers of Samsung (P, 2008). Economic System Economies of scale participate in a great role in the top performing firms in the industry. Nokia leverages its economies of scale to draw in a larger share of production profits. Samsung utilizes the economies of scale in accessing its wider resources. The economies of scale give big