Putting resources into plant moves up to lessen the oddball rates at every one of the organization's plants. The company will not be able to increase its market competitiveness by investing in plant upgrades.
The majority of the footwear industry is made up of brands like Nike, Reebok, Adidas, and Puma. Basketball shoes, running shoes, and soccer shoes are just a few examples of specialized segments of this market where performance is the primary consideration.
However, some customers think fashion is important, which has put the footwear industry in a creative phase where performance and fashion are combined to create a new mix known as the lifestyle division. Because Nike and Adidas compete for mind share, or the attention of consumers, they use marketing strategies like brand ambassadors, product proliferation, and price to their advantage.
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