Strategic Management
4th Edition
ISBN: 9781259927621
Author: Frank T. Rothaermel The Nancy and Russell McDonough Chair; Professor of Strategy and Sloan Industry Studies Fellow
Publisher: McGraw-Hill Education
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Question
Chapter 1.4, Problem 1CC
Summary Introduction
Case summary:
The case deals with the secret strategy of Company T. Company T is the largest car manufacturer in Country U. The master plan of Company T is explained by Person E, who is the co-founder and CEO of Company T. The master plans of Company T are building a sports car, using the money to build affordable car, the firm should use the money to build more affordable car, zero-emission electric power should be generation power should be provided by doing the above points, and the points are confidential.
To determine: Whether Person X agree with the assessment of Person E regarding the master plan.
Expert Solution & Answer
Explanation of Solution
Determine whether Person X agree with the assessment of Person E regarding the master plan:
The uncertainty of the electric vehicle industry would agree that Company T has done a remarkable job in meeting their plans. Due to the delay in the certain model of sports utility vehicle, the argument against the successful accomplishment is tangible in some step, even though they should scale up to model 3 to meet the plan. “Don’t tell anyone” is their version, which can be seen in little to advertisement budget and no sales budget for the firm.
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Students have asked these similar questions
Pick any organization you are familiar with and perform a PEST analysis. From the readings this week, reflect on the list of key questions to help you develop a PEST analysis.
How would your answer change if there were (1) a sudden advancement in technology, (2) social unrest, and (3) enhanced economic stability? Being specific, how would you determine the optimal strategy for the organization?
Read the “Tesla” Chaptercase at the end of Chapter 1, and then answer the following three questions in an initial post to express your original, relevant analyses and observations from the case:
Do you agree with the assessment that Elon Musk and Tesla successfully fulfilled the first master plan published in 2006? Why or why not? To answer this question, apply the three-step process for crafting a good strategy explained in Section 1.1 (diagnose the competitive challenge, derive a guiding policy, and implement a set of coherent actions).
Does Tesla have a good strategy? Why or why not? How do you know? Consider: By summer 2019, Tesla’s market cap had fallen by 30 percent to $45 billion, down from $65 billion a year earlier. Many wondered: Is Tesla in trouble?
Describe the rationale behind Tesla’s new master plan. How does this new strategy help Tesla fulfill its vision? To view Tesla’s “Master Plan, Part Deux” in its entirety, see Tesla’s blog.
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