Third Category Analysis (Competition )

Top 5

1)  Henry Ford








Ford made an inexpensive car. He introduced the Model T in 1908. Easy to operate, maintain, and handle, the car sold for $850, almost half the cost of other cars of the day. By 1915, Ford had managed to reduce the production costs so much that he was able to lower the price to $290. He could manufacture a good quality car at a far cheaper price than his competitors. Ford cars are built eight times faster than any other, reducing production time from 12 hours, to just one and a half. He gave customers more and better choice.



2) Lee Byung-Chul


Lee Byung-Chul was the founder of the Samsung Group and one of South Korea's most successful businessmen. With the breakup of the Hyundai chaebol, Samsung is now South Korea's largest business group. Lee Byung-Chul has better competitive strategy in term of Price, Quality,Innovation and Choices. Lee Byung-Chul put their prices at the low price. Their design are attractive and more quality at the result their sales are moving in high volumes. Besides, the company had raised a large amount of secret funds through bank accounts illegally opened under the names of up to 1,000 Samsung executives, under his own name, four accounts were opened to manage 5 billion won. Lee Byung-Chul gave many innovation in the sector. He also followed a South Korean ruling stating that both companies were guilty of infringing on each other's intellectual property. As a result,  Lee Byung-Chul gave customer a good choices of his product.






3) Bill Gates

Bill Gates was a founder of Microsoft. Bill Gates has better competitive strategy in term of Price, Quality, Innovation and Choices. Bill Gates has managed to bring prices and living cost down. He has also managed to increase quality of his product, and quality of life for society. Bill Gates state that set the industry standard to become the industry leader by make the product the best, more useful and the cheapest in order to provide the quality of the product to the customers. Besides, Bill Gates was a genius because he had done many innovations such as inspiring the era of the home computer, commercializing the operating system, launching New Windows 95, bringing innovations in health and learning to the global community. Lastly, Choices. Bill gates gave customers more and better choices. 
                       http://en.wikipedia.org/wiki/Bill_Gates or,



4) Tadashi Yanai

Tadashi Yanai is the founder and president of fast retailing - Uniqlo. He was a top 5 out of 50 entrepreneurs. Tadashi Yanai has a good competition in price which the prices in the clothing industry that Tadashi Yanai operates in become significantly lower. Tadashi Yanai has increased the quality of his products and quality of life for society at large. To ensure the high quality products, Uniqlo has refined its SPA business model, allowing for control of the entire business process. He is an icon for innovation in the clothing industry and has made many breakthroughs which have been well documented. Tadashi Yanai has given consumer a better choice to buy their products. Uniqlo show their concept of high-quality basis and variety of choices that diffentiate from their competitors such as H&M, Zara or Gap.
                        http://www.fastretailing.com/eng/ir/direction/tactics.html or,
                        http://nymag.com/fashion/features/65898/index1.html



5) Richard Branson

Sir Richard Charles Nicholas Branson (born 18 July 1950) is an English business magnate and investor. He is best known as the founder of Virgin Group, which comprises more than 400 companies. A little bit about him, at the age of sixteen his first business venture was a magazine called Student. In 1970, he set up a mail-order record business. In 1972, he opened a chain of record stores, Virgin Records, later known as Virgin Megastores. Branson's Virgin brand grew rapidly during the 1980s, as he set up Virgin Atlantic and expanded the Virgin Records music label. Why sir Richard Branson can listed out in top 5 among 50 entrepreneurship is because sir Branson is the sixth richest citizen of the United Kingdom, with an estimated net worth of US$4.6 billion according to the Forbes 2012 list of billionaires. Richard Branson started his record business from the crypt of a church where he ran The Student magazine. Branson advertised popular records in The Student and it was an overnight success. One of Britain's most high-profile billionaires, Richard Branson has come under fire for moving to Necker Island, the British Virgin Islands retreat he bought in 1978 for $180,000, in an alleged tax dodge. In 2013 his Virgin Media was sold to Liberty Global for $23.3 billion. This is the latest article talking much about Richard Branson. 
                       http://www.virgin.com/author/richard-branson



Bottom 2

49) Walt Disney



Walt Disney was a founder of Walt Disney Company. He didn’t manage to bring his price and living cost down because he faced with rough start at first, by earned money at Kansas City Film Ad Company. Once he opened up a studio, his studio’s profit were insufficiently to cover the high salaries for employees and unable to successfully manage money, and became loaded with debt. However, he was good in innovation because as an aspiring animator and entrepreneur, Disney kept adding idea in building new Disney’s characters such as Alice Comedies. He managed to always maintain the quality of his product until he gained award in 1932 for the creation of “Mickey Mouse”. Yet, he created amusement park which is Disneyland, for his customer to make a better choice and decision in order to decrease competition level between other new companies coming. By the early 1960s, the Disney empire had become a major success, and Walt Disney Productions had established itself as the world’s leading producer of family entertainment until now.





50) Jerry Yang


Jerry Yang was the co-founder of Yahoo Inc. Jerry Yang has managed to bring prices and living cost down when he stated that he was not in it for money. However, Jerry Yang does not successfully managed to increased quality of his product, and quality of life for society. In 1999, at the MIT Technology Review TR100 Yang was named one of the top 100 innovators in the world, under the age of 35. The innovations included links to weather, stock quotes, phone listings, sports scores, interactive maps, flight schedules, "My Yahoo " (a feature which enables users to create their own customized Yahoo! page with the particular information and links that interest them), and "Yahooligans"--a special version of the directory tailored to children ages 8 through 14. In 2008, Microsoft want to combine with Yahoo! in order to provide better choice. 

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