In the 1980s, poor quality and Japanese imports drove the Harley-Davidson motorcycle company to brink of bankruptcy. The company's share of the U.S. super-heavy-weight market - motorcycles with engine capacity of 850 cubic centimeters or more - collapsed from more than 40 percent in the mid-1970s to 23 percent in 1983. However, by 1989, Harley-Davidson controlled some 65 percent of the U.S. market; and both in
The U.S. and overseas markets, the company won't be able to meet demand for years.
From a marketing perspective, what was the likely first step in Harley-Davidson's resurgence?
A) seeking new markets for the motorcycles both in the U.S. and in foreign markets
B) development of a new mission statement and subsequent marketing strategy
C) repositioning their product in the minds of motorcycle buyers
D) performing a SWOT analysis
Correct Answer:
Verified
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