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Task7 - Regal Marine mission vision and strategy

Task7 - Regal Marine mission vision and strategy

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Task 7: <strong>Regal</strong> <strong>Marine</strong><br />

Mission<br />

<strong>Regal</strong> <strong>Marine</strong> has become the world’s third<br />

largest boat manufacturer <strong>and</strong> its <strong>mission</strong> is to<br />

satisfy their customer’s immediate needs,<br />

providing them with a wide variety of good <strong>and</strong><br />

services at multiple locations.<br />

- Value: distinctable features.<br />

- Quality <strong>and</strong> reliability.<br />

- Satisfaction: good <strong>and</strong> quick service.<br />

To be profitable but continue<br />

being an honest company.<br />

Strategy<br />

- Strategy of differentiation: unique features.<br />

- Reduce cycle times.<br />

- Improve processes.<br />

- Use of alternative products.<br />

- Innovation.<br />

- High quality goods. Best in class.<br />

- Wide product line: 22 boats.<br />

- Computer-aided design.<br />

- Large number of suppliers to ensure flexibility.


- Real scale boat for testing before<br />

commercialising.<br />

- World-wide distributors, not only in USA. First<br />

class dealers to maintain a good public image.<br />

- Partnering <strong>and</strong> participation in the ABA<br />

(American Boat Association)

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