Thesecondssimultaneouslytickedbyasahazedevouredmyfocusprecedingtheupcoming competition.MyeyesstrainedtoseetheclockhandsplungingforwardasIanxiouslystoodawaiting themomentwhentheproctorwouldannouncemyname,andinvitemeintothenearbyroomSweat begantoglazethepalmofmyhandthatpatteddownmyratherpuffyhairthatwasaresultofthe humiditypresentinOrlando,Florida.Myheartskippedabeat,Iglancedoncemoreatmynotecards, andstrodeintotheroomIwasdesignatedtocompetein.TheNationalLeadershipConferencefor BPA,BusinessProfessionalsofAmerica,leftadramaticimpactonmylife.Inadditiontonationals, regionalandstatecompetitionstaughtmealessonthatshowmorecontent Iwaslikeabirdlearningtofly.Ididn'treallyknowwhatIwasdoingbutItriedmybest.Ipresented tothebestofmyabilitiesandhopedforthebest.Thedaycametoanendandthatawardceremony wasabouttostartIdecidedthatIwouldn'tbedisappointedifIdidn'tplace,andreasonedthatIhad threeyearsleftinhighschoolandwouldhaveabetterchanceofwinningasamoreexperienced upperclassmen.Onceagain,Iwasusingbeingafreshmanasanexcuse.Unexpectedly,Iplacedfirst inbothofmycompetitionsandqualifiedforstate.Duringthispivotalmomentmyeyeswereopened towhatIcouldaccomplish.Isuddenlystartedtoexpectmoreoutofmyself.Iwasgoingtostateand wouldn'tbeknockedoutwithoutafight
DuringstateItookfulladvantageoftheopportunitiesprovidedandtriedtoexcelineveryaspect placedbeforeme.Unlikeregionals,statewashuge:thecompetitiveenvironmentwasintense,the atmospherewasexciting,andthediverseemotionscouldbefelt.TheentirestateofIdahowas representedbyBPA's'creamofthecrop'.Onceagain,Ididnothavehighexpectationsofmyself.I wasthrilledIhadtheopportunitytoparticipateatBPA'sstatecompetitionandfelthonoredtobe amongIdaho'sbest.Afteragonizingovermycompetitionsandpresentingtothebestofmyabilities, unexpectedlyIfoundmyselfinthetoptenofbothevents.AdrenalinefilledmyveinsasI
![](https://assets.isu.pub/document-structure/230601191319-268502f4eb820f66f16c394d280ca8b8/v1/9f987d9a50723ec88f2df896de6fe129.jpeg)
...Getmorecontent...
Yes,itistoacertainextent.Competitionisgoodforusasitchallengeseachindividual.Without competition,therewouldbenostandardsandwewouldnotknowhowtoimproveonareaswelack. Inaddition,wemaynotknowwherewestand,beitmentally,physicallyandacademically Differentkindsofcompetitionchallengeusindifferentaspectsandhelpsustoprogressandmove withtimes.
Forexample,asportscompetitionmaychallengeusmentallyandphysically.Reasonbeing,asport involvescoordinationofthemindandbody.Italsorevealsoutstaminainsports.Afterwhich,we mightwanttoimproveinacertainareainthissport.Onesport,suchastennis,requirestheplayerto notonlymoveonthespot,butalsouse...showmorecontent...
![](https://assets.isu.pub/document-structure/230601191319-268502f4eb820f66f16c394d280ca8b8/v1/9f987d9a50723ec88f2df896de6fe129.jpeg)
Theexpectationssetmightbetoohighthanone'spotentialandthuscauseonetooverdosomething justbecauseoftheneedtocompete.Forexample,astudentfailinginexamsandpoorinstudiesmay neglectherhealthandfriendsjusttoscoreherdesiredresults.Thisispossibleasshemightstayup andburnthemidnightoiljusttostudyforanupcomingtestorexamHeorshemayalsobevery uptightandriskhersociallifewithothersaroundherbecauseheorsheputsstudyingastheirtop priorityAsastudent,itisimportanttohaveadequatesleepandrestsothatheorshewouldbeable toconcentrateduringlessons.Similarly,anemployeemaybecomeobsessedwithhisorherjoband makemanysacrifices.Thesesacrificesmanyincludetheever–essentialsleep,eatingright,timeto un–windandmanymoreHeorshemaynotrealizethatitisjustimportanttorelaxasitistowork hard.Thismaythenresultindepressionorcounselingifoneisnotabletostrikeabalanceinwork and"play".
Toanswerthesecondpartofthestatement,myanswerisno,Idonotthinkthatthereisan alternativetocompetitionInfact,inmyopinion,Ithinkitisimpossibletocompletelytakeaway competition.Sincethebeginningoftime,notonlyhumansbutanimalshavebeencompetitive.You mightthinkthatclaimingthatanimalsarecompetitiveisridiculous,butyes,itistrue.
...Getmorecontent...
Intheanimalkingdom,animalsdocompetewithoneIntroductionItisrootedinhumannaturetocompeteforwhatweneedandsometimesevenwhatwe thinkwedeserve.Competitionhasmanydifferentfacesandavarietyofnames.Mayitbe swimming,football,ortwoemployeescompetingforapromotion,thereisnodifferencein objective.Workplacecompetitionisaperfectexampleofwin–orientedbehavior.Thebasicpremise isoutmaneuveringoppositiontoadvancequicklythroughanorganization.IbelievethisisaHuman ResourcetopicbecausetheHRmanagerhastoknowwhat'sgoingoninhiscompanyandhowhis staffsstrivetobethebest.Thecompetitionoccursnaturallybecauseoftheemployee'smotivationto reachhigherlevelsofemployment.Quantifyingemployeeproductivityhasevenbecomeless difficultinareaswheretherearealwaysdeadlinesandquotas.Afterall,whowantstobeanentry–levelworkerearninganentry–levelsalarytheirentireprofessionalcareer?LiteratureReview CompetitionoffersanavenueforcompetitorsandbusinessestoflourishItoccursinevitablyin almostanyorganizationorpartoflife.Organizationsusuallythrivewhenmembersengageinsome typeofcompetition.FrederickP.(2008)says,"Withoutcompetition,you'dbeoncruisecontrol, withnoworriesintheworldThismakesyouvulnerableandproneformistakesthatcanbecostly Withcompetitionaround,youaremorelikelytokeepyoureyesopenandcaptureeverydetailalong thewaysothatyouremainontopofyourgame"
![](https://assets.isu.pub/document-structure/230601191319-268502f4eb820f66f16c394d280ca8b8/v1/9f987d9a50723ec88f2df896de6fe129.jpeg)
...Getmorecontent...
DoesCompetitionBenefitinBusiness?Dobusinesseswanttogrowandadvance,orremainata
standstillwithproduction?Mostsaytheywanttogrowandadvance.Thistopicisimportantinthe businessstandpoint.Shallbusinessmanagerspromotecompetitionornot?"Smartbusiness professionalsusecompetitiontotheiradvantage"(Pearson1).Businesseswhousecompetition noticethepositiveeffectslaterdowntheroadSeekingtothriveandgrow,businessesneedto promotecompetitionandcompeteagainsttheotherfirmsintheirbusiness."There'snothinglikea littlecompetitiontosuddenlyboostproductivity"(qtd.inPenn1).Althoughsomecriticsarguethat competitionmaydevelopanegativeatmosphereintheworkplace,showmorecontent Mostpeoplelookfordealstogetthemostbangsfromtheirbuck.Competitionleadstoprofits withinthebusiness"ifaimedattherightaudience"(Fullman1).Manyresearchersagreethat competitionhelpsbusinessesadaptanddevelopthenewproductsthatAmericansseekintoday's marketplace."Bringingtomarketbetter,faster,thinner,greenerproductsinvolvescompetition" (Rose2)BusinessescompetetosellthemostappropriateproductfortheirconsumersTheincrease incompetitionisanadvantagetoconsumersbecausetheyfindadecreaseinprices.Businesses shouldpromotecompetitioninordertoestablishefficientperformance.Ifemployersarehonestand truetothebusiness,thentheygivethemanagertheirbesteffort.Thiseffortgrowswithcompetition andthereforethebusinesswitnessesadramaticincreaseinsalesandproductivity."Competitioncan makeproducersworkhardertofigureouthowtoreducecosts"(Penn1)Thischangeinmotivation andcommitmentwithinthebusinessleadstoincreaseinwages.Whywouldn'tanemployeewantan increaseintheirpay?Withachanceofbetterpay,employeescommitthemselvestothebusiness. "Productivityisimportantbecausethehigheritis,thelowertheprices,thegreatertheoutput,the higherthereturnoncapital,thehigherthewages,andthegreaterthechanceabusinesshasof surviving"(Penn1).Eveninamarketwithhigh–densityproducers,consumersfinda
![](https://assets.isu.pub/document-structure/230601191319-268502f4eb820f66f16c394d280ca8b8/v1/9f987d9a50723ec88f2df896de6fe129.jpeg)
...Getmorecontent...
INTRODUCTIONCompetitiveadvantage(CA)isanadvantagecompetitorsgainbyprovidingor
![](https://assets.isu.pub/document-structure/230601191319-268502f4eb820f66f16c394d280ca8b8/v1/9f987d9a50723ec88f2df896de6fe129.jpeg)
offeringcustomersorconsumersgreatervaluefortheirmoneythroughproductandservice differentiationorthroughlowerprices.Maintainingcompetitiveadvantageiscrucialtomany businessesororganizations'successinordertosurviveinthemarket.Competitiveadvantageis characterizedbysuperiorperformancewhichcouldbeanattributetooutperformthecompetitors whethercurrentorpotential;orgainingahighermarketshareinaparticularindustrythereby ensuringmarketleadership;orultimately,maximizationofprofit.(JOBBER2010)Thisessaywill criticallyanalyzehowcompetitiveadvantageiscreatediePorter's3genericshowmorecontent Itisano–frillcarrier.Theywereabletocutcostbyoperatingano–frillcarrieri.e.theydon'tuse ticketsortravelagents.FocusPorter'sfocusstrategyisamixofboththedifferentiationandthecost leadershipstrategiesi.e.differenceorcostleadershipwithinasmalltargetmarketsegment.For instance:acompanyshouldbeabletodifferentiateitsproductsbasedonaparticulartargetmarket segmentbecauseifthedifferencesinproductsdoesnotappealtoconsumersinthattargetmarketas opposedtoconsumersinbroadmarket,therewouldbenobasisfordifferentiationandcompetitive advantagewillnothavebeenachieved.SelectingtheRightCompetitiveStrategyTherearetwo schoolsofthoughtpertainingtohowfirmsshouldchoosethecompetitivestrategythatbestsuits them.Oneisoftheopinionthatfirmsshouldchooseoneofthegenericstrategiesandcommitall resourcestomakingitworkPorterbelongstothiscategoryTheybelievethatthevaluechain necessaryforcostleadershipisquitedifferentfromthatofdifferentiationstrategyandthatwhile differentiationdealswithbetterquality,costleadershipdealswithloweringcostswhereverpossible.
(DESSandDAVIES1984)WhatporterarticulatedhereisthatthereisneedforstrategicclarityThe 2ndschoolofthoughtopinesthatthestrategiesmaybecombinedtogethertoachieveCA.They believethatsuperiorqualitywhichisasa
...Getmorecontent...
"Losersarealwaysinthewrong",itisaChinesetraditionalsaying.Inasocietywheretheplaces havepeople,competitionisunavoidable.Competitionisapartoflifethatcan't(cannot)beavoided. Competitionisasituationinwhichtwoormorepeopleorgroupsaretryingtogetsomethingwhich noteveryonecanhave.Competitionisallaroundus.Whenwearestudentsandstillstudyingin school,weneedtocompetewithourclassmatesandschoolmatesforbettergradeAlso,whenweare doingsportsandgameswearetryingourbesttobeattheotherteams.Whenyoubecomea(an adult)maturerandgotowork,youwouldcompetewithyourcolleagues,(.)Soplease(bemore hardworking)domoreworksandgetakey[]toahigherandbettersalaryCompaniescompetewith eachothertogetmorecustomers,incomes...showmorecontent...
Wecanimproveourselvesandwecanlearnandstudyfromthecompetition.Toprovethis,in China,itisverypopularevennormalnowtohaveateacherwhocometostudent'shousetoteach extracontentswithpayingalotofmoney.Theirparentswishtheycanlearnfasterthanwhatthey learnatschoolFurthermore,duringthevacations,studentsstudyabroadtolearnEnglishfora monthinsteadofplayingvideogamesathome.Iftheyhavethisexperiencesuchassummerschool inAmericanuniversity,itisoneofthegreatestbonuspointtoapplyauniversityinwestern countries.Whatismore,wehaveonenationalexaminationtodecidewhichcollegethatyoucan enroll.ThecircumstancesarefullofcompetitivenessinChinanowbecauseChinahassalient characteristicofalargepopulationbaseObviously,onlythehighest15%cangotothegoodquality colleges.Studentstrytolearnasmuchastheycan,towinthecompetitiontoobtaingoodquality schools.Finally,lfyoucanachieveanoutstandingdiplomasuchasthedoctorofPekingUniversity andTsinghuaUniversity,youfuturewillbevery
...Getmorecontent...
![](https://assets.isu.pub/document-structure/230601191319-268502f4eb820f66f16c394d280ca8b8/v1/9f987d9a50723ec88f2df896de6fe129.jpeg)
PerfectCompetition
Perfectcompetitionisanidealisedmarketstructuretheoryusedineconomicstoshowthemarket underahighdegreeofcompetitiongivencertainconditions.Thisessayaimstooutlinethe assumptionsanddistinctivefeaturesthatformtheperfectlycompetitivemodelandhowthismodel canbeusedtoexplainshorttermandlongtermbehaviourofaperfectlycompetitivefirmaimingto maximiseprofitsandtheimplicationsofenhancingtheseprofitsfurther.
Inaperfectlycompetitivemarketeachfirmisa"PriceTaker",i.e.thepricesandwagesare determinedbythemarketandthefirmissosmallrelativetothesizeofthemarketthattheycan havenoinfluenceoverthemarketprice.Foramarkettobeshowmorecontent
Thisisalsolinkedintothebehaviourofthebuyersinthemarket.Buyersarealsopricetakers becausetheycanpurchaseasmuchastheywishwithoutinfluencingthemarketpriceThefinal assumptionisimportantwhenconsideringthelongtermequilibriumpriceofafirminperfect competition.Thisassumptionisthatentryintothemarketisfreeandthattherearenobarriersto entry.Anycostsincurredareincurredbyallofthesuppliers;anentrantwillpaynoadditionalcost forenteringthefirm.
Intheshortruntheperfectcompetitionequilibriumcanbefoundbygraphingthemarginalcost (MC),averagetotalcost(ATC)andmarginalrevenue(MR)curves.Inperfectcompetitiontheprice isequaltotheaveragerevenue,whichisequaltothemarginalrevenueandtheseareallconstant, givinganinfinitelyelasticdemandcurveforthefirm.Thedemandcurveis"perfectlypriceelastic" duetothehomogeneityoftheproductssupplied,whereeachsupplier,asapricetaker,mustfocus onasingleprice.Giventhis,theonlychoiceasupplierhasintheshortrunishowmuchtoproduce.
Forprofitmaximisationtooccurmarginalcosts(supplycurve)mustequalmarginalrevenue (demandcurve)Profitmaximisationisassumedtomeanthemaximisationofnormaleconomic profit(i.e.revenuethatcoversthe
![](https://assets.isu.pub/document-structure/230601191319-268502f4eb820f66f16c394d280ca8b8/v1/9f987d9a50723ec88f2df896de6fe129.jpeg)
...Getmorecontent...
Iwillneverbehappywithjustaparticipationtrophy,I'vealwaysbeenonetofightforthetrophy withactualrecognitionthatrepresentshardworkandachievements.Sowhatdoesitmeanwheni can'tevengettheparticipationtrophy/butinthiscaseIdidn'tevengettheparticipationaward. Thegiantfanthatsatonthewindowsillnexttomytablesentchillsthroughmybodytheentire nightThedarklylitroomandbackgroundnoiseofthehundredgirlsintheroomaddedtomy nervousexcitement.IanxiouslywaitedfortheawardstostartasIthoughtabouthowIwouldfeel whenIacceptedmyaward.Thismomenthadbeeninthebackofmymindsincethedanceseason startedtheyearbeforeTheobnoxiouslyloudfanblockedoutmostshowmorecontent WhenthedirectorgottoourgroupagainIsatthereandthoughtjustclapforZoe,asIheldback tearsfullofdisappointment.ZoewasanothergirlinmyagegroupIsuspectedcouldreceivethe award.Clapforher,"ZoeGreear".MybodywentevenmorenumbandIcouldbarelysmile.The fanthenseemedtodrowneverythingoutcompletely.Ihadtokeepapplaudingwithadeadsmileon myfaceholdingbacktearsIwantedtoleaverightthenandthere,butIstillhadtositthroughat leastanotherhalfanhourofawards.Icouldn'tleave,Ihadtositthereinthatuncomfortablechair, frozeninapainfulpositionIdidn'tbothertomakemorecomfortable.ThesecondIgottomycar,I immediatelystartedsobbing.AllthefeelingsIputonpauseinthebanquetwerenowimmersingmy entirebody.Ifeltutterlyheartbrokenandworthless.IbegantoquestionwhyIdanced,andwhyI evertriedtoputintheeffortoftryingtostandoutandbebetterifitnevermeantanythingto anyone.Evenmore,IbegantoquestionwhyItriedmyhardesttodoanythinginlifebecauseIfelt asthoughInevergottherecognitionIthoughtIdeserved.
ThereasonIdidn'tgetanyawardcouldhavebeenbecauseofamishapthathappenedwithmy parentssigningmeupfortheeventtoolate.ThishashappenedtomeplentyoftimesandIusually acceptthefactthatifthereistheonethingthatcouldgowrong,itwillgowrongspecificallyforme,
...Getmorecontent...
![](https://assets.isu.pub/document-structure/230601191319-268502f4eb820f66f16c394d280ca8b8/v1/9f987d9a50723ec88f2df896de6fe129.jpeg)
Competitioncanbehealthywhenitprovidesfeedbacktokidsabouttheirperformanceand improvement,whenwinningisnottheprimaryobjectiveandwhenkidsgettolearnabout themselvesunderchallengingsituations.Thatway,winorlose,childrenwilllearn,growandbe betterpreparedforlifewhichprovidescontinualopportunitiestoplaywellwithothersandtreat opponentswithdignityand
...Getmorecontent...
![](https://assets.isu.pub/document-structure/230601191319-268502f4eb820f66f16c394d280ca8b8/v1/9f987d9a50723ec88f2df896de6fe129.jpeg)
Cookingcompetitionsareexcitingandfuntowatchbecauseofthesuspenseandwondersofwhat mightsomethingtastelike.Thecompetitorsseemtobewellexperiencedeverytimethereisacook offisintowntherearelotsofprofessionalcooksandchefswhichmakesthecompetitionmore aggressiveandinteresting.Theyalsohaveamateurcompetitionswhichwhenanybodycanenterand win.Cookingcompetitionscanandwillhelpintheculinaryfieldifyouaretryingtogetajoband needexperienceTheywillalsohavecontestantsmorerecognizedbyotherrestaurantsandpeople tryingtostartabusiness.Thiswillalsogivechefsandcooksfeedbackonwhattodobetterwith theircookingbecausethefoodisbeingjudged.These...showmorecontent...
(Daniels).Thepressurewasatthehighestpeakforthecontestants.Workingunderpressureis somethingthatallgreatchefsshouldmastertodo.Becauseifachefhasafull–houseathis restaurantthatheworksatandhastogeteveryonefedanddoesn'tknowhowtoworkunder pressureheorshewillfailmiserably.Workingunderpressureisandcrucialrequirementforacook. Anotherpopularlocalcookingcompetitionaretheribscookoffs,mostofthesetypesofcookoffs aredoneinthesouthAndthiscookoffissimilartothechilicompetition,becausetherearestill manywaysyoucanmakeribtastegood.Thereisalwaysmanywaystocookalltypesoffoodjustto cookityoujusthavetoknowwhattoputtogetherThereisaribcookoffcomingupinAugust, 2014called,"26thannualBestintheWestNuggetRibCook–off";itislocatedinVictorianSquare, Nevada.Itissaidthattherewillbeoverfivehundredthousandpeopleattheevent,thismanypeople willmakemostamateurchefsnervousWorkinginthesetypeofeventwillgiveyoupracticein workingwithpressure.Mostofthispressurewillcomefromcriticismfromdifferentstrangerswho youhavetoimprovetowin.Localcookingcompetitionsareagreatwaytotrainyourselftowork underpressure,moreadvancedtypeofcompetitionscanhelpwithpressurealsobecause
...Getmorecontent...
![](https://assets.isu.pub/document-structure/230601191319-268502f4eb820f66f16c394d280ca8b8/v1/9f987d9a50723ec88f2df896de6fe129.jpeg)
DraftHeartbeatingrapidlyandmymindfullofquestions.DidIdothistomybestability?DidI beatthepersonnexttome?ForaslongasIcanremembereveryactioniscompetitionschool, sports,andeventhewaythingsaredone.Iphysicallyandmentallydotheimpossibletobeoneof thebest.Runningtwomilesafterfinishingbasketballpracticeorstayingahouraftertoworkonmy shotIworksohardIforgetIplaysohavefunIhavecometotheconclusionthatsomethingsare betterdonewithoutcompetition.CompetitionhasdevelopedthepersonIamtoday,butIhavecome toquestionmythoughtsonthecompetition.Therearegoodandbadtimestousecompetition.For everysport–volleyball,basketball,andsoftballgameshowmorecontent Seniornightforvolleyballisaroundthecorner.Itisnotthedayandalreadymymindisthinking aboutthemillionthingsthatcangowrongandright.WitheverycompetitivethoughtItrysqueezing apositivethoughtaboutthefunofmyverylasthomevolleyballgame.Beingcompetitivemakesme stumbleandbeingcompetitivemademe,me.Fiveyearsold,short,anduncoordinatedIusedevery momenttobebetterItriedmyhardesttobethebestanddothebestIwouldracemysixyearold brother,Rigo,runningasfastasmylittlelegscouldmove.Breathingheavilyandlegsfeelinglike jelloIwouldracehimoverandoveragain.Iwasadeterminedlittlegirlthatwasgoingtobeathim inthattwenty–fiveyardgrassinthefrontlawn.Beingcompetitivemademefastandahardworker. WhenmathminutescametoGrandViewElementaryIwaseighttotenyearsold.Iwasexcitedfor thisnewchallengeWaitinganxiouslyandsweatyhands"Ready,set––go!"theteacherannounces asshestartsthetimer.Thesecondtheteachersaidgopencilinhand,Iflippedthepaperandstarting answeringquestionsonebyone.AminutelaterthereIsatinmybrownwoodendesk,hands shaking,"canwecorrectthemrightnow?"IaskedIwasanxioustohearifI
...Getmorecontent...
![](https://assets.isu.pub/document-structure/230601191319-268502f4eb820f66f16c394d280ca8b8/v1/9f987d9a50723ec88f2df896de6fe129.jpeg)
Inapresentdayofglobalwarming,environmentalissues,laborunions,andotherimpacts,the automobileindustryisinaneraofinstabilityandchange.FordMotorCompanyhasbeen traditionallyconsideredoneofthe"BigThree"intheautoindustry,buttheyarenotadaptingaswell ashopedtothechangingindustry,andwillhavetostrategizetosurviveinastrugglingindustry. TherearemanydifferentriskfactorsforFordanditscompetitorsInthispaperwewilllookattwo competitorsforFordthatarealsoconsideredtobemembersofthe"BigThree"andcoincidently,are notadaptingtochangesintheautoindustryasquicklyasothercompetitors.Theseothercompanies areGeneralMotors(GM)andDaimlerChryslerWewillshowmorecontent Fordfeelsthatalthoughstepshavebeentakentolowertheirhealthcareexpenses,thecosttothe companywillcontinuetorisefortheforeseeablefuture.Foreigncarmanufacturershaveonaverage lowerhealthcareandemployeecosts,givingthemanadvantageoverFord,GM,andDaimler Chrysler.FordMotorCoishopingtotakestepstooffsetthecostsofemployeebenefits;however, thiscouldalsoleadtonegativepublicityforthecompanyForeignautomakersareabletomaintain lowercostswithnon–unionizedandonaverage,youngeremployees.Thenextriskfactorforthe autoindustryiscommodityandenergypriceincreases.Steelandresin(plastic)arethetwomost usedcommoditiesforautomanufacturers,andtheyareproductsinhighdemandformany industries.Risingawarenessofsustainabilityandrisingdemandfortheseproductshasleadtorecent priceincreases,anditisestimatedtocontinuethistrendThisfactortargetsalloftheautoindustry, butagainhitsthebigthreeandotherautomanufacturersharderthenitdoessomeoftheforeigncar manufacturers.Japaneseautomakershavelongbeenseenasefficientsmallercarmanufacturers, wherethe"bigthree"havemovedtothelargerSUVtypevehicleBybuildingsmallervehicles, Japaneseautomakersreducetheirdependencyandthereforetheircostsonsteelandresin.The secondriskcomingfromthecomparativesizesofvehiclesbeingmanufacturedbytheautomakers isthecost
![](https://assets.isu.pub/document-structure/230601191319-268502f4eb820f66f16c394d280ca8b8/v1/9f987d9a50723ec88f2df896de6fe129.jpeg)
...Getmorecontent...