EGE 7th INTERNATIONAL CONFERENCE ON SOCIAL SCIENCES, İzmir, Türkiye, 24 - 25 Aralık 2022, ss.1-2
ABSTRACT
In this study competition theories were observed in practice. The aim of this study is to discuss Porter’s Three Generic Strategies in terms of a shipping company. Henderson’s, Barney’s, and Porter’s views are discussed in the study for the shipping company. Data were collected by interview. A sort of differentiation is defined by the interviewee. A differentiated service is started to offer due to competition. The importance of the study is the observation of a sort of differentiation due to competition. Differentiation’s importance for survival is underlined by Henderson. According to the interview, competition forces the company to offer a differentiated service in a market segment which can be defined as a focus strategy. The personnel of the company developed different skills comparing other personnel in the industry as a result of the competition.