Motorcycle drag racing is all about the pleasure of speed and breaking records; the competition involves two racers competing for the best elapsed time and the best speed on a straight, paved quarter mile lane, and there are even women who participate nowadays.
Although some failed to see that, the automobile industry is a very versatile one; it managed to stay afloat and keep people’s interests for over one hundred years, and people still rely on it for fast transportation and a good flow of activity on the planet.
The Honda founder had a very unique approach to conquering a new market. Instead of trying to adapt the Honda motorcycles to the market’s needs he redefined the stereo tip or motorcycle riders thus expanding the market. His strategy of introductory strategy is a powerful success story that is being used even nowadays as a case study at various business schools.