BSM 600 Lecture Notes - Lecture 5: Financial Institution, Autocracy, Opportunity Cost
17 Apr 2018
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Our purpose is to serve/service those dealers in their stores, so we just have a different mindset. How they do it: operating out of st jacobs (b, quasi-cooperative business model presents a competitive advantage that competition can"t match (1100 dealers) Individual dealers select the goods that will meet market needs (don"t dictate: being nimble with innovative products. But they updated the strategy in april "17 to defend. Injecting more uniformity, discipline and marketing pizzazz: senior manage overhaul, streamlines its operations (new rules, tossed out dealers who didn"t comply, new store design, seriously rolled out e-commerce. You sell them and retire on the income. An american corporation: you have two cows. You sell one and force the other to produce the milk of four cows. You are surprised when the cow drops dead. A french corporation: you have two cows. You go on strike because you want three cows. A japanese corporation: you have no cows.
