Wanxiang Group has three primary sources of competitive advantage. The first is low production costs unrivaled by its competitors. The second is the high quality of its production, which is constantly improving since the company places quality at the core of its development strategy. The third advantage is the large number of parts produced so that the company can meet almost any demand in the automobile parts sphere.
What is the source of Wanxiang’s competitive advantage?
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Academic.Tips. (2022) 'What is the source of Wanxiang’s competitive advantage'. 7 October.
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Academic.Tips. (2022, October 7). What is the source of Wanxiang’s competitive advantage? https://academic.tips/question/what-is-the-source-of-wanxiangs-competitive-advantage/
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Academic.Tips. 2022. "What is the source of Wanxiang’s competitive advantage?" October 7, 2022. https://academic.tips/question/what-is-the-source-of-wanxiangs-competitive-advantage/.
1. Academic.Tips. "What is the source of Wanxiang’s competitive advantage?" October 7, 2022. https://academic.tips/question/what-is-the-source-of-wanxiangs-competitive-advantage/.
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Academic.Tips. "What is the source of Wanxiang’s competitive advantage?" October 7, 2022. https://academic.tips/question/what-is-the-source-of-wanxiangs-competitive-advantage/.
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"What is the source of Wanxiang’s competitive advantage?" Academic.Tips, 7 Oct. 2022, academic.tips/question/what-is-the-source-of-wanxiangs-competitive-advantage/.