Considering a new TV with artificial intelligence properties as an entrepreneurs

Question

Considering a new TV with artificial intelligence properties as an entrepreneurship. Choose a location for your company? What considerations do you think of when selecting the location? And what local and global factors do u consider in this industry and why? Create a general and holistic plan for manufacturing and marketing this product. Considering a new TV with artificial intelligence properties as an entrepreneurship. Choose a location for your company? What considerations do you think of when selecting the location? And what local and global factors do u consider in this industry and why? Create a general and holistic plan for manufacturing and marketing this product.

Explanation / Answer

I would select United States of America as and location for my company. Our company would be designing the product in United States of America and manufacturing its parts in China as overall labour cost and other factors are very cost-effective as compared to the American manufacturing facilities.
As America is moving towards highly fragile digital market. Artificial intelligence has been very effective in the specific market segment of United States of America. This TV would be definitely appreciated by people as America has a very wide market for Artificial Intelligence based devices.
Local factors such as awareness regarding new technologies and interest of the new generation would provide a positive impact on the overall sales of our organisation and improve the sales in United States of America. Artificial intelligence based televisions would create forgetting marketing impact on the company's portfolio as people are switching to smart televisions. People would be switching to the smart television in the specific country as well.
Globally, these factors are also influencing different countries and artificial intelligence is being called as technology of tomorrow. It is being incorporated in mobile phones and other devices. Which type of approach would definitely provide positive impact on the company's overall operating structure and expanding it to different countries could not be tough as this type of technology is already been adopted by many countries. Minnaminung.

I would definitely shift all of my manufacturing department to Outsourcing units in China. How to think would provide better cost and profits to my organisation and would enable me to gain more from the same organisational environment. This type of approach would provide positive impact on the overall sources gained by the organisation.
Marketing approach would be based on the for independence. By keeping the prophets low and decreasing the overall price of the product would be my strategy to calculate amount of the artificial intelligence based television in United States of America. Disputing televisions using online websites and using logistics operations buy directly pulling out televisions from the warehouse you would reduce the overall cost involved in the marketing and would be beneficial for the organisation to increase its benefits while retaining the price to a lower level.

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.