Cisco Systems and HuaweiShuye chenCisco Systems - HistoryIt is headquartered in San Jose, California. It was founded in 1984 and is up to date a prominent corporation. Came to existence to solve a communication problem.It has developed into a global marketing corporation with a global brand name. The company designs, manufactures and sells networking equipment. Cisco SystemsIt has been able to bring together people, processes and data thus making connectivity easier, valuable and more relevant.The company believes that the customer is always King.It prefers working very closely with customers to identify customer needs and provide possible solutions. Strong customer relationships and partnerships contribute to company growth. It is branded the marketing machine due to its presence in the market share.Cisco SystemsCisco market structure contains fewer but larger companies. It enjoys a profitable relationship with these companies. Clients are assured of better and faster service and products. Consumer demand provides the business market. The company promotes products of partner businesses. This leads to loyalty and more attention from customers. Therefore demand forms the basis of customers to ask for more.Cisco SystemsDemand for Cisco Systems products is more inelastic.Changes in prices do not have any significant impact on the company in the short run. Company production is not affected. Demand and supply for the products remains the same despite the changes in prices in the short run. Customers are not worried about the price changes.Customers will buy the same amount of goods. Cisco SystemsThe company is the greatest beneficiary because increased sales contribute to its growth and expansion.Cisco utilizes ingenious methods of branding to market its products. It has employed various approaches to make products distinct and appealing. The company embraces open communication both internally and...
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