- Read The Following Article And Then Answer The Questions At The End Of The Article Kuala Lumpur Dec 5 Reuters Sony 1 (66.17 KiB) Viewed 33 times
Read the following article and then answer the
questions at the end of the article. KUALA LUMPUR, Dec 5 (Reuters) - Sony Corp will close a factory in Malaysia next year to consolidate its operations in its other plant in the state for efficiency, the Japanese electronics giant said on Saturday. The
company told Reuters in an email to Reuters that it always takes into account market conditions, business growth potential and other factors, as part of a continuous review of its investments and business operations. "As part of this review, Sony will consolidate its manufacturing operations by transferring its operations in Penang to Selangor, to further enhance operational efficiency," said Penang-based Human Resources Division head Ric Ong. Operations at the plant will end by Sept. 30 and it will shut by the end of March 2022, and about 3,600 employees in Penang will reportedly be terminated. Although some of the surviving employees may be transferred to a new factory.The closure will also affect surrounding livelihoods and end a 3-decade period from 1988. Sony also plans to close another 3-decade-old audio and TV factory in Brazil. The
company's poor performance and experiencing a 23 percent decline in 2020-2021 in the electronics segment due to COVID-19 is also the reason for the merger of this factory. In addition, the decision was also due to the fact that the sales did not reap large numbers. Sony began operations in Malaysia in October 1973, marketing, selling and servicing consumer electronics products, as well as broadcast and professional products and
solutions, its website said. The Penang plant mainly produces home audio, network Walkman, headphones and battery products, while the Selangor plant near the capital Kuala Lumpur manufactures LCD TV, Blu-ray Player and other key components. (Reporting by Liz Lee: Editing by William Mallard) a. Now answer the following
question: State the type of corporate-level strategy that Sony uses. Then, describe TWO (2) characteristics of the corporate level strategy as described in the above article. (4 marks). | Your answers: