Essay: Strategic Management-Changing environment
Due to the effect of globalization of trade that has resulted to the earth becoming one village market, it has influence on the nature of competition. Thus competitiveness has ever since increased from the monopoly based business operation modes to open global market. In this regard Ford Motors should realize that world is moving ahead every second and minutes that chronometer counts on the globe (Duncan 2006).
With this in mind Japanese vehicle designers and manufacturers are gaining access and expanding their market share both in the global and local US market due to their flexibility to the customer’s needs and preference. In this connection, the Japanese manufacturers and General Motors together with other performing firms ventures in targeting low and medium consumers by use of cheap technology with substantial design that satisfies their customer’s base.