Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Things do not look well for Mazda in the South African market. Since they introduced the new series (Mazda 3, Mazda 6 and Mazda BT-50),

Things do not look well for Mazda in the South African market. Since they introduced the new series (Mazda 3, Mazda 6 and Mazda BT-50), the market did respond as they did with the old Mazda 232 and the Mazda B25. Despite several attempts to get to the top again, sales have generally remained suppressed. This is the exact opposed of what is happening with Ford, their former partner. On the truck side the Ford Ranger has dominated the market prompting them to introduce its SUV (sporting utility vehicle) series. On average, Hyundai, Toyota and Isuzu are performing well despite there being many new car makes (such as JAC, Havaal, Forton) that have entered the market. These new makes come in at a time General Motors is exiting the market.

2.1.What evidence (signs) can be gathered in the market to prove that Mazda is not performing well and is losing business to its competition?[10 marks]

2.2.Suggest one company/industry-specific competitive strategy that Mazda can adopt in the South African market. Justify your choice. Under that strategy, elaborate what strategic initiatives the company can take.[5+10=15 Marks]

I suggest a best cost provider strategy. Many

2.3.When crafting the strategy in 2.2 above, describe the role of the following;

a.Mazda`s Board of Directors

Responsible for setting the strategy

b.Mazda`s executive management

c.Mazda`s functional team

d.Mazda`s operational team[4*3=12 Marks]

2.4.Outline the likely pitfalls of the strategy selected in 2.2 above.[8 Marks]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project Management in Practice

Authors: Samuel J. Mantel Jr., Jack R. Meredith, Sco

4th edition

470533013, 978-0470533017

More Books

Students also viewed these General Management questions

Question

What were common objectives of the early labor unions?

Answered: 1 week ago