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Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM19416
Volume:
7 |
4 |
Apr 2023
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
The global media firm Sony Corporation, a well-known name in the electronics sector, creates and markets products in response to consumer demand. Ibuka Masaru and Morita Akio began the business as Tokyo Tsushin Kogyo in 1946, and it has since grown to be one of the most popular and well-known brands in marketing history. Sony operates a wide range of industries, including, among others, music, movies, and financial services. In order to advance each of its distinct businesses and better capitalize on the diversity of its business portfolio, Sony has adjusted its organizational structure. Sony still shows profitability despite the changing business environment. The Electronics Products & Solutions sector of Sony Group reported sales and operating revenue total of 2,339.2 billion yen for the fiscal year that ended on March 31, 2022. Overall, Sony’s success shows how an organization’s culture and business strategies may have a direct impact on its capacity to create successful business plans and meet its goals. Sony maintains a solid position in the electronics sector and a reputation for successfully adjusting to shifting market trends, despite encountering difficulties in the constantly changing business climate.
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Publication Date
4/23/2023
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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The authors declare no conflict of interest related to this research work.
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