Samsung Trims Profit by $2.3 Billion on Troubled Note 7

Samsung Trims Profit by $2.3 Billion on Troubled Note 7

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video discusses Samsung's recent 10% stock drop, resulting in a $21 billion market cap loss. It examines the potential impact on Samsung's other products and consumer perception, especially in light of safety concerns with the Samsung G7. The video also explores how Apple and Google might capitalize on Samsung's challenges, with Apple promoting its iPhone 7 during the holiday season and Google introducing its new Pixel smartphones.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How might consumers' perceptions of rival products change in light of Samsung's recent issues?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What marketing strategies might Apple employ in response to Samsung's situation?

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