Topic : Although it was written in 1994, Yi Mun-yol’s An Appointment with His Brother is still highly relevant today, particularly with North Korea’s almost continuous presence in international news headlines. What does the novella show you about North Korea, its culture, and its people that is different from what you imagined from the media coverage of North Korea? What does it tell you about the complex issue of reunification and the potential problems it raises for both North and South? Given what you learn from reading the novella, how would you describe its underlying central theme? Use examples from the text and from the media to illustrate your points.
Samsung charges high prices for their products due to the semiconductor technology integrated in their high quality products. This makes it hard for the company to target middle and low class people who form a larger portion of the consumer market. This forces the company to expand the target, which is only achievable in 2014. The weakness presents less or minimal effects to customers since the product quality is unsurpassed and to the consumer, concerned with quality than price the effect are none. However, financial conscious customers will compare the prices with others and resort to cheaper alternatives (Ferrell & Hartline, 2010).
Another item to add to your list would be a firm trying to maximize total revenue. I firm like Intel, which seems to have a corner on processor production, is still bound by the intention to maximize revenue. So if they limit production to raise prices, and earn a higher profit margin, investors will come knocking. They will want to invest in this firm that is laying golden eggs. But investors want to be rewarded. They want as high a return as possible. Just look at Henry Ford’s partners back when he was starting Ford Motor Company. So high yields will draw in the investors, and the only way to satisfy them will be to increase production and lower prices as a result, maximizing total revenue, increasing P/E ratio.