Posted: June 24th, 2022
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** See attached instructions & etext information**
Assess how Samsung’s technological smartphone
innovation accounts for the company’s sales growth of mobile devices worldwide.
Determine whether Samsung could benefit by
implementing a global product line-up strategy to pursue profitability. To make
the determination go to Samsung’s.com official website and locate the “Investor
Relations” link to retrieve Samsung’s financial statements. Utilize the SEC
filings and annual reports to summarize Samsung’s principal goods and services, market share, geographic locations where it operates, and major competitors.
Samsung is a leading smartphone vendor
worldwide. In 2017, Samsung’s market share of the global smartphone
market was at around 21.6% with Apple as its closest competitor in the
market. As the world’s 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 the paper,
· Assess
whether Samsung could benefit by using Activity Based Costing (ABC). Evaluation
should include
o factor(s) that influenced your
decision,
o the ramifications of
implementing ABC in the Global smartphone market, and
o how you would structure the
distribution of costs using ABC for Samsung. · Assess
whether Samsung could benefit by using a standard cost system. Evaluation
should include
o the factor(s) that influenced
your decision,
o the ramifications of costs,
quantity, and variances, and
o 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
o Samsung’s future plans, such as,
expansion, consolidation, and downsizing, and
o how costs concepts could be used
in the decision making.
* Must be three to five double-spaced pages in
length and formatted according to APA style
* Must include a separate title page
* Must utilize academic voice.
* Must include an Introduction and Conclusion
paragraph. In the introduction paragraph indicate the purpose of your paper and
provide an overview of the research design used. Introduce the various topics
that will be addressed in the research paper. Identify the method(s) that will
be used to collect the data for the topics and how that data will be evaluated.
* Must add an APA
heading (Level 1 or Level 2) for each one of the topics discussed in the
research paper as shown:
· Introduction
(APA Level 1)
· Samsung’s
Principle Goods and Services (APA Level 1)
· Global
Market Share (APA Level 1)
· Geographic
Locations (APA Level 1)
· Major
Competitors (APA Level 1)
· Activity
Based Costing (ABC) (APA Level 1)
· Production
Costs of Cellphones (APA Level 2)
· Samsung’s
New Challenge: Cellphones Rising Component Costs (APA Level 2)
· Standard
Cost System (APA Level 1)
· Cost-Plus
Concepts (APA Level 1)
· Samsung’s
Future Plans (APA Level 1)
* Must use at least SIX scholarly and/or
credible articles from ProQuest Business, industry
databases Nasdaq.com and EY.com, and comprehensive
accounting databases FASB codification, AICPA, and SEC
reference library sources INCLUDING the course text (chapter
info attached).
* Must include a separate references page that is
formatted according to APA style
Reference info Provided and REQUIRED to
be used. Additional references
Warren, C.S. (2018). Survey of accounting (8th ed.). Retrieved from http://www.cengage.com
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