Tuesday, January 8, 2019
Competition Between Companies
For years many an other(prenominal) companies obligate struggled to be and to re main(prenominal) the best. To do this they had to go through advertising their products televisions, radio, internet and sports. This is c whollyed ch each(prenominal)enger the main purpose for this is mainly to win customers. These procedures can benefit but in any case be harmful towards the smart set. so brings the main concern of this essay which shall discus both(prenominal) posts of this situation opposing and supporting it. Firstly, print quality of products sometimes does not emergence to consumers just as long as it is affordable.For instance t here(predicate) be many varieties of brands such as Nike, Adidas, Coca pinhead and so forth. Yet commercials show all these products and companies do not realize that the terms of the product gets higher as the damage of advertising contributes to the products cost thus do it expensive. This leads consumers cuckoldping elsewhere for inst ance, MARANELLO Manufacturers of super sports gondola cars accommodate just announced a master of ceremonies of new models, but many of them may not reach the showrooms, as the globular financial crisis hits a customer incision previously immune to economic downturns. Haupt, 2009 1) This avouchment proves that consumers prefer cheaper products than fancy cars as it is too expensive. Further much on tractableness flexibility means the social clubs talent to respond to commutes (Stevenson, 2007 38). These can be seasonal changes winter, summer or maybe economic changes. Neverthe slight they also contribute to the companys competitiveness thus leads sometimes to price wars. receive for example ill weather conditions could reduce the demand for our products.The gross revenue of our products be influenced to some extent by weather conditions in the markets in which we travel Unusually cold or wet weather during the summer months may deliver a temporary effect on the demand for our Products and contribute to lower sales, which could see an adverse effect on our results of operations for such periods. (Coca weed company, 2009 6) This explains that during arguing companies be actually flexible thus should be alert and find steerings to be the best thus sometimes sonorous the products cost by forty part as to keep up with the market.This misfortune shows that companies such as coca smoke are overdoing it thus facing a major lose. Moreover on location, during competition companies look for a vendible location. From here they start of by looking at the customers convenience equal closest to shop thus less travel expense for consumer. However they jadet look at the slope as when location of company is way crowded other customers will shop elsewhere due to less home to park cars and so forth. Further more than other companies go to famous foreign countries or new location as their products are in demand over there.Yet as foreign compani es they must find ship canal to introduce their production thus victimization advertisement again. In the end each companies, will lose a dower of expediency. This same case happened to Toyota according in his writing of Ford outsells GM, Toyota in February sales, J. Ewing (2010 1) claims that succession Toyota and Honda where busy competing in the States, another company called Ford which is originally an American car business took over by roughly recently, during the summer outlive year 2009. Thus, departure Toyota to report a record one-year net loss of 4. billion, this misfortune of Toyotas occurred as it did not realize that it was consume too many expenses hence alter to another dis favour for companies when they compete. However these are true yet if considering another side to this argument, these may show the disadvantages of competition, but the advantages outweighs it as competition actually promotes the brand quality, flexibility and locations. In addition to Brand quality, consumers evermore buy the best as they retrieve it is expense the expense as it last for a very long time.Yet how do the consumer k direct which brand is the best manifestly as companies compete they broadcast the in style(p) shoes, bikes, food and so forth. From here consumers savour and differentiate one company by and by another due to the quality of its product. Take for example Article base (2007) states that Honda and Toyota knows America wants fuel-efficient fomites. This case made the two companies escape hard thus producing a vehicle that gets more and more mile per gallon. It is very expensive but a view of people are waiting in line to get this product.This example shows that consumers go for the best brand quality no matter what. Another point is flexibleness companies know that season changes thus consumers demands also changes. Therefore Coca cola and Pepsi two competing companies produce besides cheeselike drinks, water, ice tea etc. This was to propose the problem they faced during seasonal change that their soft drinks coca cola or Pepsi sales decreased from this solution they outstandingly still continued selling and earning profit as they produced other products which will be essential during that particular season.This is also the advantage of flexibility and competition to a company. in conclusion is the location, Companies compete for the best location as it ensures the string up of profits, by one salable areas such as America are high-priced places to locate business Thus to the highest degree famous companies are determined there for instance Toyota number one and holding fifteen percent of Americans sales. Honda, Nike and Adidas all these companies also go to a marketable location thus becoming the most famous companies in the world.Therefore the competition expenses for good spots to place business is worth it, as it will eventually compensate the companies ten times the amount of bills it has spen t, just like Honda and Toyota which are now leading the world car manufacturing business. In conclusion the advantages of competition between companies when merchandising products seems to be much favourable than the disadvantages hence, the apply should continue or be more creative with their competition strategies as the more competitive they are the more flow of profits there will be.
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