There was a time when wheel buggies were everywhere and there were thousands if not millions of wheels made. Today, it is a very small market. As other innovations came along and stole their market, what would have changed in the competition to make provide for the now much smaller market?

A

The main factor that changed in the competition is the increased level of customers’ demand. At the moment, there are multiple requirements to the level of comfort and combination of price and quality that drive the main companies and make them change their approaches to the organization of the manufacturing process. The rise of innovative technologies also preconditioned the decision to create new products that will be able to satisfy the existing demand and generate stable income.

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Academic.Tips. (2021) 'There was a time when wheel buggies were everywhere and there were thousands if not millions of wheels made. Today, it is a very small market. As other innovations came along and stole their market, what would have changed in the competition to make provide for the now much smaller market'. 14 September.

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Academic.Tips. (2021, September 14). There was a time when wheel buggies were everywhere and there were thousands if not millions of wheels made. Today, it is a very small market. As other innovations came along and stole their market, what would have changed in the competition to make provide for the now much smaller market? Retrieved from https://academic.tips/question/there-was-a-time-when-wheel-buggies-were-everywhere-and-there-were-thousands-if-not-millions-of-wheels-made-today-it-is-a-very-small-market-as-other-innovations-came-along-and-stole-their-market-w/

References

Academic.Tips. 2021. "There was a time when wheel buggies were everywhere and there were thousands if not millions of wheels made. Today, it is a very small market. As other innovations came along and stole their market, what would have changed in the competition to make provide for the now much smaller market?" September 14, 2021. https://academic.tips/question/there-was-a-time-when-wheel-buggies-were-everywhere-and-there-were-thousands-if-not-millions-of-wheels-made-today-it-is-a-very-small-market-as-other-innovations-came-along-and-stole-their-market-w/.

1. Academic.Tips. "There was a time when wheel buggies were everywhere and there were thousands if not millions of wheels made. Today, it is a very small market. As other innovations came along and stole their market, what would have changed in the competition to make provide for the now much smaller market?" September 14, 2021. https://academic.tips/question/there-was-a-time-when-wheel-buggies-were-everywhere-and-there-were-thousands-if-not-millions-of-wheels-made-today-it-is-a-very-small-market-as-other-innovations-came-along-and-stole-their-market-w/.


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Academic.Tips. "There was a time when wheel buggies were everywhere and there were thousands if not millions of wheels made. Today, it is a very small market. As other innovations came along and stole their market, what would have changed in the competition to make provide for the now much smaller market?" September 14, 2021. https://academic.tips/question/there-was-a-time-when-wheel-buggies-were-everywhere-and-there-were-thousands-if-not-millions-of-wheels-made-today-it-is-a-very-small-market-as-other-innovations-came-along-and-stole-their-market-w/.

Work Cited

"There was a time when wheel buggies were everywhere and there were thousands if not millions of wheels made. Today, it is a very small market. As other innovations came along and stole their market, what would have changed in the competition to make provide for the now much smaller market?" Academic.Tips, 14 Sept. 2021, academic.tips/question/there-was-a-time-when-wheel-buggies-were-everywhere-and-there-were-thousands-if-not-millions-of-wheels-made-today-it-is-a-very-small-market-as-other-innovations-came-along-and-stole-their-market-w/.

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