Honda's Core Competence

Business & Finance
Cover of the book Honda's Core Competence by Manja Ledderhos, GRIN Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Manja Ledderhos ISBN: 9783638173247
Publisher: GRIN Publishing Publication: February 21, 2003
Imprint: GRIN Publishing Language: English
Author: Manja Ledderhos
ISBN: 9783638173247
Publisher: GRIN Publishing
Publication: February 21, 2003
Imprint: GRIN Publishing
Language: English

Seminar paper from the year 2002 in the subject Business economics - General, grade: very good, Mälardalen University (Institution of Economics), course: Strategies and the new Economy, 14 entries in the bibliography, language: English, abstract: The company Honda started very small and gradually developed into the size of a multinational cooperation. Today it has developed a big network of subsidiaries worldwide.1 Through relying on core competence they were able to develop into the company we see today. In the long run, a company's core competence comes from its ability to build at lower cost and more speedily than competitors competitive advantages.2 Usually, it takes innovative acts to build this and the goal of a company should therefore be competitive innovation instead of competitive imitation.3 Honda has a two to three years cycle from development to production compared to a four years average in the auto-industry. Also, products such as the Super Cup created great enthusiasm in America because it was offered at a very small price. Next, Honda often develops its own equipment and finds solution to specific problems. To be the largest motorcycle producer in 1959 is only one evidence for striking success. It's major influence in revolutionizing products worldwide seems mysterious considering the general background of the poor entrepreneur Soichiro Honda in the 40th and the small size of Research and Development expenditures today in front of fierce competition from other larger firms.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Seminar paper from the year 2002 in the subject Business economics - General, grade: very good, Mälardalen University (Institution of Economics), course: Strategies and the new Economy, 14 entries in the bibliography, language: English, abstract: The company Honda started very small and gradually developed into the size of a multinational cooperation. Today it has developed a big network of subsidiaries worldwide.1 Through relying on core competence they were able to develop into the company we see today. In the long run, a company's core competence comes from its ability to build at lower cost and more speedily than competitors competitive advantages.2 Usually, it takes innovative acts to build this and the goal of a company should therefore be competitive innovation instead of competitive imitation.3 Honda has a two to three years cycle from development to production compared to a four years average in the auto-industry. Also, products such as the Super Cup created great enthusiasm in America because it was offered at a very small price. Next, Honda often develops its own equipment and finds solution to specific problems. To be the largest motorcycle producer in 1959 is only one evidence for striking success. It's major influence in revolutionizing products worldwide seems mysterious considering the general background of the poor entrepreneur Soichiro Honda in the 40th and the small size of Research and Development expenditures today in front of fierce competition from other larger firms.

More books from GRIN Publishing

Cover of the book Why do Cities develop? And why they are different in size? by Manja Ledderhos
Cover of the book How to survive the skies over Europe - European lowcost carriers by Manja Ledderhos
Cover of the book Die GmbH-Reform im Jahr 2008 by Manja Ledderhos
Cover of the book The future of the EU-Foreign Policy in the light of the constitutional treaty by Manja Ledderhos
Cover of the book Fakten und Folgen des Umbaus der Seelsorgestrukturen im Deutschen Sprachraum by Manja Ledderhos
Cover of the book Innovation Management: The Leadership Role of the CEO by Manja Ledderhos
Cover of the book Let me be your Teddy bear. Function and Development in John Osborne's 'Look back in Anger' and 'Déjà Vu' by Manja Ledderhos
Cover of the book The Arab World after 9/11 and the US Democratization Efforts by Manja Ledderhos
Cover of the book Terrorism and American Literature by Manja Ledderhos
Cover of the book Das IS-LM Modell. Entstehung und Anwendung by Manja Ledderhos
Cover of the book Drawing on relevant theories of business ethics, examine managerial approaches used in dealing with ethical dilemmas by Manja Ledderhos
Cover of the book E-Mailschreiben in der Grundschule by Manja Ledderhos
Cover of the book Moral Issues and Concerns about China's One-Child Policy by Manja Ledderhos
Cover of the book Literature and Therapy by Manja Ledderhos
Cover of the book Does the senate enhance oder undermine australian liberal democracy? by Manja Ledderhos
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy