Reference no: EM133878244
Homework: Management
Learning Outcomes
1. Recognize the basic concepts and terminology used in Strategic Management.
2. Describe the different issues related to environmental scanning, strategy formulation, and strategy implementation in diversified organizations.
3. Explain the contribution of functional, business, and corporate strategies to the competitive advantage of the organization.
4. Distinguish between different types and levels of strategy and strategy implementation.
5. Communicate issues, results, and recommendations coherently, and effectively regarding appropriate strategies for different situations
Task
Read carefully the mini case No. 18 from your textbook (entitled ‘Tesla Motors Inc.) and answer the following questions:
1. Describe the different functional strategies of the Tesla Motors company.
2. Describe the relationship of Tesla Motors with its primary stakeholders.
3. Discuss any strategic alliance (acquisition, outsourcing, joint venture, ....) that Tesla Motors uses. Why did this company choose it? was it successful? Justify your answer.
4. Describe the core competency and assess the competitive advantage of Tesla Motors in its market.
5. Recommend solutions for Tesla Motors to improve its competitive advantage.