Question

The U.S. market for computers is dominated by domestic firms such as Dell, Hewlett-Packard, and Apple. The U.S. market for consumer electronics is dominated by Japanese firms and brands such as Sony, JVC, Panasonic, Mitsubishi, and Toshiba. However, the U.S. automobile market includes both domestic firms like Ford and General Motors and formidable Japanese competitors like Toyota and Honda. Please discuss the following two question:

1. Do some theories work better than others for different industries? Why?

Answer 1

Obviously, certain theories on certain industries might get to work well and at the same time, certain theories might not work well on the whole. This can be due to various factors such as the brand value, marketing theories, the work strategies, the established specifications, also the price structure as well. There are certain specifications that do attract a lot than other, therefore it can be considered that certain theories might work well for certain companies while certain companies might not on the whole.