Polaris Industries manufactures all-terrain vehicles (ATVs).  Since 1998, the company has turned out innovative products that have pushed it to the Number 2 spot in the industry against such tough competitors as No. 1 Honda Motor and Yamaha Motor.  What caused the growth of the company was its new CEO Tom Tiller, who left a promising career at GE to take the reins at Polaris.  Despite a growing national movement to highlight the environmental and safety problems posed by ATVs, the company is thriving.  Under Tiller's leadership, the company's net profits have grown from $31 million in 1997 to an estimated $135 million in 2005.  Supporting this program has been a series of innovations including the Ranger utility, which is a cross between a Jeep and a golf cart, and the Predator, an ATV aimed at both the sports and the recreation markets. The direct competition between Polaris, Honda, and Yamaha means the three companies have:   A. a high degree of cultural similarity   B. the same strategic reference points   C. a problem with competitive inertia   D. a low degree of resource similarity   E. a high degree of market commonality

MARKETING 2018
19th Edition
ISBN:9780357033753
Author:Pride
Publisher:Pride
Chapter17: Advertising And Public Relations
Section17.2: Greenwashing Harms Companies And Consumers
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Polaris Industries manufactures all-terrain vehicles (ATVs).  Since 1998, the company has turned out innovative products that have pushed it to the Number 2 spot in the industry against such tough competitors as No. 1 Honda Motor and Yamaha Motor.  What caused the growth of the company was its new CEO Tom Tiller, who left a promising career at GE to take the reins at Polaris.  Despite a growing national movement to highlight the environmental and safety problems posed by ATVs, the company is thriving.  Under Tiller's leadership, the company's net profits have grown from $31 million in 1997 to an estimated $135 million in 2005.  Supporting this program has been a series of innovations including the Ranger utility, which is a cross between a Jeep and a golf cart, and the Predator, an ATV aimed at both the sports and the recreation markets.

The direct competition between Polaris, Honda, and Yamaha means the three companies have:

  A.

a high degree of cultural similarity

  B.

the same strategic reference points

  C.

a problem with competitive inertia

  D.

a low degree of resource similarity

  E.

a high degree of market commonality

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