Honda Motor with strong brand image along with unique product differentiation strategy has been able to create demand for its products and the sales can increase through entire value chain (Hero Honda Motors Ltd 2008). With this strong image, Honda Company can use better technology to create different products compared to their competitors. For example, Honda manufactures hybrid cars which are fuel efficiency, do not emit much carbon dioxide, uses environmental friendly material and the price of hybrid cars are affordable. This is Honda Company’s strength or competitive advantage towards their competitors. Furthermore, Honda Company has the resources and capabilities to create better design or unique product to satisfy customers with acceptable price (win-win situation).
Also, with its strengths, Honda Company differs from other automobile manufacturers as Honda produces hybrid car with a reasonable price. For example, Hero Honda Motors has seized the market of motorcycles in India by
References: Job Opportunities. 2010. Honda R&D Americas, Inc. http://www.hondaresearch.com/jobs.cfm. (accessed 1 May 2010). Jain,A., A,L.Ipe., A,Nautiyal., Garima, I,Singh., K,Singhal., R,Jain and S.Bhatia. n.d. Final Project on Honda Siel. http://www.scribd.com/doc/20244703/Final-Project-on-Honda-Siel. (accessed 30 April 2010). http://www.oppapers.com/essays/Hero-Honda-Honda-Made-Hero/129504. (accessed 1 May 2010). Hero Honda Motors Ltd. 2008. Hem Research. http://myiris.com/shares/research/HSL/HERHONMO_20080426.pdf. (accessed 1 May 2010). Das,S.R., and M,P.Joshi. 2006. Process Innovativeness in Technology Services Organisations: Roles of Differentiation Strategy, Operational Autonomy and Risk-taking Propensity. http://www.sciencedirect.com.dbgw.lis.curtin.edu.au/science?. (accessed 2 May 2010).