Question

In: Economics

What are the strengths and weaknesses of each of the competitors in the leasing industry?

What are the strengths and weaknesses of each of the competitors in the leasing industry?

Solutions

Expert Solution

Answer:
strengths and weaknesses of each of the competitors in the leasing industry are mentioned below:
Strengths:

  • Strong dealer Community: It has built a culture among wholesaler & merchants where the merchants not as it were advance company’s items but, to contribute in preparing the deals group to clarify to the client how he/she can extricate the most extreme benefits out of the items.
  • It performs very well in new Market and expedite the process of economic development.
  • It has strong base reliable suppliers
  • It has very strong distribution network as well

Weaknesses:

  • It has high attrition rate in work force.
  • It has very limited success outside core business.
  • This is seasonal in nature and profits mostly depends on demand and during recession they are getting affected the most.

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