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How much money does LG make a day?

Updated: 9/26/2023
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Q: How much money does LG make a day?
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What appliance brand name did LG buy out?

LG appliance formed a strategic relationship with Viking.


What is price of lg cookies?

I think you can get them for about £40


What are the strength weakness opportunity and threat of Lg?

StrengthsLG is a multinational company and a recognized brand around the world. It has successful established not only in developed countries but also in developing countries.LG products are reliable, easy to use, and have simple designs which satisfy customers that's why LG have the advantage of having loyal customers.In LG Corporation the research and development has given greater importance because to satisfy the customers and provide the customers what they want the research and development id required.LG try to keep products innovative to attract the customers and to capture more market share.LG is at its growing stage and its growing quickly. It is producing solid products which rapidly satisfying the customers.WeaknessesThe big weakness of LG is that it has very few competent employees mostly are not skilled and also there is no training and development concern for employees.OpportunitiesThe electronic market is expanding rapidly which is a great opportunity for LG to expand itself in new market and to capture more market share. It also can expand its target market geographically and socially both by introducing new products in existing market and existing products in new markets.Through the innovation in existing products it can attract more customers because at present it is behind the market leadership so to become a leader it has to make innovations to attract potential buyers and retain existing customers.ThreatsAs the competitors of LG are more dominant in the market and continuously improving their products so they can take away the existing customers of LG, so it has to work very hard to retain and attract customers.The condition of economy all around the world is not good and it is affecting the purchasing power and priorities of the customers, people are facing difficulties in satisfying basic and needs so how they can spend on electronics which is considered as luxury items. This situation can affect the sales of the company.


Why does equilibrium real GDP occur where C plus Ig equals GDP in a private closed economy?

The equilibrium and the real GDP usually occurs where C plus LG equals GDP in a private closed economy because of the balance in trade.


What is the role of MNC in India?

There is no distinction between an MNCs & a domestic company in India policy regarding MNCs is the same as for Foreign Private Capital in indie. Large & dominant MNCs along with Indian Companies are covered under MRTP Act. MNCs are specifically covered under Foreign Exchange Management Act (FEMA).Now, we study the operation of MNCs in India:1.) Profit Maximisation.2.) International Network of marketing.3.) Diversification Policy.4.) Concentration in Consumer goods.5.) Location of central control offices.6.) Techniques to achieve Public Acceptability.7.) Existence of Modern & Sophisticated Technology.8.) Business but not social Justice.9.) MNCs & Process of planned Economic Development in India.10.) Cultural Explosion.Read more: What_is_the_role_of_Multinational_companies_in_India

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