Lo Jack
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Discuss the topics below as the relate to LoJack (www.lojack.com)
Analyze:
a. Market Structure
b. Impact of new companies entering the market.
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Solution Summary
The expert discusses the topics below as the relate to LoJack (www.lojack.com). The market structure and the impact of new companies entering the market are determined.
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a. Market Structure
LoJack's current market structure is worldwide. The company states it has an, "unrivaled, proven solutions and direct integration with law enforcement." (LoJack 2009) This advises the consumer that there might be competition in the stolen car recovery business, but none that matches the power of LoJack.
The market structure is strong due to the company's partnership with local and federal law enforcement. "A key strength that sets LoJack apart is the ...
Education
- Master of Business Administration, University of Phoenix
- Bachelor of Science in Paralegal Studies, Kaplan College
- Business Diploma, Katharine Gibbs Business College for Women
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