I’m working on a economics discussion question and need a sample draft to help me learn.
After watching the required video
“Profit’s not always the point” by Harish Manwani and reading the
article “Samsung delays launch of Galaxy Fold After Screen Failures” by
Sam Kim and Mark Gurman, discuss the 4G Model and the purpose firms must
have beyond the products they sale or the service they provide. Pretend
you are the executive officer at Samsung responsible for not releasing
the Galaxy Fold, what would be your response to shareholders and
customers regarding the failed product. Use the economic theory and
concepts in chapter one to support your response. Remember the idea is
to maximize the wealth of shareholders but also be socially responsible
to the community that must sustain your product.
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