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Cycle & Carriage
Essay specific features
Written by:
William F
Date added:
June 30, 2012
Level:
Grade:
A
No of pages / words:
5 / 1249
Was viewed:
6815 times
Rating of current essay:
Essay content:
Thus, we feel that the shareholders were most concerned with the distribution agreement.
Based on the case, we can group the benefits that Mercedes Benz brought about to C&C into two main categories, namely tangible benefits and intangible benefits.
Tangible benefits ? Financial strength
- C&C car sales accounted for 80% of total revenue, while sales of Mercedes Benz accounted for 80% of the total profits...
displayed 300 characters
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Mercedes-Benz sales rose 6% in 2001 to 3457 units, despite Singapore suffering its worst recession in decades.
Based on the Porter's Generic Strategies, C&C's approach to owning Mercedes Benz's sole distribution rights was Focus Differentiation strategy.
Differentiation
Overall Cost Leadership
Focused Differentiation Focused Cost Leadership
As seen from the framework above, C&C's strategic target group is particularly the high-end consumers, who are looking for a car that can match up with their status...
displayed 300 characters
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