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Identify the companys competitors

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Reference no: EM132222544

Competitive Rivalry

APA style and sited/referenced.

Knowing the competition is as important as knowing one's organization.

Use the example of the auto industry and respond to the following:

Identify one company in the auto industry and describe its competitor behavior.

Identify the company's competitors.

What kind of competitive dynamics can you identify or expect to occur between your selected company and its competitor(s)?

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The company taken is Toyota and the operational aspects that help them compete with others are discussed the first part of the paper. Different aspects of lean production and its cost and innovative advantages are used for establishing their core values defining Toyota's competitive behaviour. the main competitors in the international automobile markets are named next and the basic factors for rivalry are discussed with help of examples of few current cars. thus, the strategic points that help define the competitive behaviour of Toyota and the dynamics of the markets are discussed in the last parts. the paper is concluded by outlining the competitive strength of the company.

Reference no: EM132222544

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