First Nation’s issue is a common external problem that all the companies have to deal with when entering a new market. It’s not a problem only created by the Aboriginal people, but also any local residents. The common problem that all firms face is the cultural difference. The First Nations’ chiefs, “said their communities are interested in supporting smaller projects in areas such as wind, solar and geothermal power. But they say the valley flooding would impair their rights to fish, hunt and use the area for ceremonial purposes.” The chiefs’ concerns are mainly due to a cultural difference and the potential impacts of companies on existing businesses. A firm must research not only its competitors, but also the local businesses in other industries and the culture of the potential market.

This is a common problem for many businesses, for example, Ebay failed in China in 2004. It was not aware of a local company called Alibaba and began a campaign war with it. Ebay lost because Alibaba created an online store called “Taobao”, meaning “digging for treasure”. This wordplay lies under the bottom of Chinese culture and people were crazy for it. Eventually, Ebay gave up the Chinese market. And Alibaba completed IPO last month.

Nokia, what used to be a giant in the cell-manufacturing industry fell down, and was bought by Microsoft in April. Now it looks like Samsung starts to follow this similar trend. “Samsung’s net income of 6.18 trillion won, or $6 billion U.S. fell short of analyst expectations of 6.83 trillion won for the June quarter. According to Bloomberg, the income declined 18 percent, and shares of the South Korean company fell after the earnings were reported.” Samsung’s decline was due to competitions mainly. The other smartphone manufacturers using an Android platform are catching up to Samsung, such as the Xiaomi corp in China, providing similar functions as Samsung products at a lower cost. Samsung’s competitors are not only competition through low price and improved technology; Lenovo, LG, Huaiwei improved greatly in their distribution channels and sales strategy. Besides its rising competitors, Samsung is also affected by its main competitor- Apple. Although operating on a different platform, Apple is able to earn more market share with its newest model iPhone 6(+). Samsung only sold 30000 Note4 on its first day, while Apple received 4000000 preorders after releasing iPhone6(+) on the website. Samsung is declining, but I am curious about what would happen when Note4 is launched in North American market.