Business Law

Strengths LG is a multinational company and a known hold out around the world. It has successful recognized not only in developed countries but excessively in developing countries. LG products atomic number 18 trustworthy, easy to use, and keep up straightforward designs which please customers thats why LG have the advantage of having loyal customers. LG also been pursuing a premium- merchandise scheme in order to participate in the lucrative counter for high-end household appliances, mobile phones, and other multimedia products In LG lot the research and phylogeny has given greater importance because to return the customers and provide the customers what they want the research and phylogeny id required. LG Electronics plays an active utilization in world foodstuffs with its firm global business policy. As a result, LG Electronics controls 114 local subsidiaries worldwide, with roughly 82,000 executives and employees. LG attack to maintain products grou nd-breaking to kidnapping the attention of the customers and to confine more foodstuff sh are. LG is at its up(a) stage and its increasing quickly. It is producing solid products which rapidly fulfilling the customers.

Weaknesses The commodious impuissance of LG is that it has very few knowledgeable employees mostly are not skilled and also there is no training and development apprehension for employees. Opportunities The electronic market is mounting fleetly which is a great opportunity for LG to cast up itself in cutting market and to capture more market share. It also can enlarge its tar arr ive at market geographically and socially bo! th by introducing new products in obtainable market and offered products in new markets. Through the innovation in brisk products it can bewitch the attention of more customers because at state it is at the pole the market drawship so to become a leader it has to make innovations to attract prospective buyers and retain quick customers. Threats As the competitors of LG are more overriding in...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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