What is the manufacturers reaction against the competitive products?How do they face with this market changes?
Cheap Far-East particularly Chinese products impact on other countries industries. So there is a considerable lost market share for internal industries in affected countries through the imported products. The manufacturers' strategies and planes have changed to compete with such product and compensate their lost market share.
Asked By: Ballot - 2/21/2008
Best Answer - Chosen by Asker
I still think that some does of realism is missing from the 2 posts above... More
Answered By: ekonomix - 2/23/2008
Additional Answers (3)
They should revise the trends in the ERP packages and use innovative solutions to over come the challenges for the future.
Answered By: Raj - 2/21/2008
Forget the bullshit management-style answers to this question. The issue is very plain and simple. It's an issue of survival of the fittest (and cheapest... More
Answered By: d00tchy - 2/22/2008
I like dootchy's answer... More
Answered By: Economist (trying) - 2/22/2008
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