Tuesday, April 6, 2010

Honda's efforts to stay on top

Hondas effort to achieve a competitive advantage through strategy implementation has paid off. Honda has grown all aspect of its organization in the past years. Sales are up in motorcycles, automobiles, finance and power products. Honda has made it a point to grow its organization toward the future with its production of robots and other futuristic devices and they fulfilled that promise. Honda has also increased the number of employees that they employ to manufacture their products. Hondas market share has also went up against it competitors due to the fact of its leader motivating the organization to move forward. Honda consumer image has also made a dramatic increase since the economy has gone down in the past years. People are taking to the idea that Honda makes a superior product to its competitors in the aspect of longevity, reliability and resale value. In the global market Honda is on the rise in almost every aspect. Honda has a bright future ahead of them in the global market if they can stay on the forefront of technology and keep their brand image secure.

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