Hero Honda: Is It Honda That Made It A Hero?

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Tim R

 

Date added:

March 16, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 288

 

Was viewed:

3467 times

 

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Essay content:

The strategy of Hero Honda Motors was to capture the market by offering a superior product at an affordable price, with excellent customer service. (Right cost) The strategy has been successful to date and Hero Honda Motors (India) Ltd. is the dominant market leader with over 50% of market share, ahead of closest competitors Bajaj (Kawasaki JV) and TVS-Suzuki...
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(Right cost) The strategy has been successful to date and Hero Honda Motors (India) Ltd. is the dominant market leader with over 50% of market share, ahead of closest competitors Bajaj (Kawasaki JV) and TVS-Suzuki. Recently new challenges have come up: in 1999, Honda has set up a 100% owned subsidiary, which produces scooters, and represents a direct competitive threat...
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