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Pages:
12 pages/β‰ˆ3300 words
Sources:
1 Source
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 51.84
Topic:

Business, Operational, and Market Efficacy Investigation of Tesla Incorporation

Essay Instructions:

PURPOSE
This assignment builds on the entire course journey, focusing on a particular organization you select to assist by associating your learning from the course to develop your marketing, new product development, and innovation capabilities. The organization can be for-profit, non-profit, or a government agency located anywhere in the world, as long as you prepare for this assignment thoroughly, with the support of relevant literature and external sources, and preferably interviewing someone from the company.
The assignment aims to associate your newly captured insights with an organization of your choice. Choose an organization you are passionate about that could do with your expertise. Consider this an excellent opportunity to reflect and advise the chosen organization in growing its design thinking and innovation capacity in times of considerable uncertainty.
GUIDANCE
Please complete the following tasks:
Review all course materials and team assignment-related materials again.
Explore and decide on a target organization you are excited about and want to advise.
Make a deep dive market research based on published materials, observation, and personal email or live interviews to scope a significant problem worth solving in the organization context.
The problem could relate to something the organization could do significantly better.
Based on research findings, design a novel and intriguing solution by applying design and business thinking described in the course and other materials covered.
Write all this in an executive-level advisory report, which your target company can use as a base for action in their next leadership meeting.
Remember to reference actively written and interviewed sources.
DELIVERABLES
Cover with heading and name, max six pages of pure text with page numbering and subheadings as requested: professional document with APA references, unlimited number of complete appendices including relevant and readable tables, graphs, images, etc. Font 12, 1.0 spacing, and standard margins.
Note: executives are busy people who crave evidence to make sound decisions, so ensure you stick to the core, reference, and if you need more pages, refer to relevant appendices in the main text.
Before starting this assignment, check the rubric for what determines a quality contribution.
You are expected to submit a detailed description of your problem-solution set for the chosen organization by referring actively to relevant sources to strengthen your problem argument and then responding to the following critical areas of importance (use these headings):
Introduction and Problem Statement: Introduce the paper by leading the reading to the theme, the problem, and critical findings, along with a brief document flow overview. Remember to briefly introduce your chosen organization and any key stakeholders you plan to advise.
Market Research: Identify and define the problem area based on your research findings regarding currency, relevancy, and societal and business significance (actively referenced, both academically and professionally).
Associate to course learnings: Apply the skill of associating as described in the course materials by identifying critical insights from the course and your individual and small group work. Discuss these essential insights and use them as inspiration when describing how they can help develop a solution to the organization's current problem. As you may recall, associating is the idea that you borrow ideas from one area and then use them as inspiration in another.
The Problem-Solution Fit: Describe your solution and provide evidence to the extent possible that it solves the problem as defined in this paper.
Concluding Discussion: Conclude by arguing, based on your newly gathered research and analyzed intelligence, why solving this problem is worthwhile, especially from a business and data collection perspective. Why is it novel and fresh, despite potential competition / alternative solutions? Finally, list concrete actions for your client to proceed and succeed in building a state-of-the-art solution.
Personal Reflection: Discuss critical findings from this assignment and the course at large for yourself; what was most valuable learning? Discuss how you enhanced your knowledge throughout the course.
Reference List
Appendices

Essay Sample Content Preview:

Business, Operational, and Market Efficacy Investigation of Tesla Incorporation
Author's Name
The Institutional Affiliation
Course Number and Name
Instructor Name
Assignment Due Date
Business, Operational, and Market Efficacy Investigation of Tesla Incorporation
Introduction and Problem Statement
In recent years, the automobile sector in the USA and the world has been characterized by several business trends. These trends include a shift towards electric vehicles (EVs), the increasing importance of autonomous driving technology, and the growing demand for more sustainable and environmentally friendly cars. Various factors have driven these trends, including government regulations, changing consumer preferences, and technological advances. One company at the forefront of these trends is Tesla, Inc. Founded in 2003 by Elon Musk, Tesla is a leading manufacturer of electric vehicles and clean energy products. The company has gained widespread recognition for its innovative approach to vehicle design, advanced battery technology, and efforts to promote sustainable transportation.
Tesla's operations focus on producing high-quality electric vehicles, including the Model S, Model X, Model 3, and Model Y. In addition to its vehicles, Tesla has energy storage systems, solar panels, and related products to promote clean energy solutions. Despite its many successes, Tesla faces challenges in the current business environment. One of the key challenges the company is currently facing is supply chain disruptions, which the COVID-19 pandemic has caused. The pandemic has led to shortages of critical components, such as semiconductors, essential for producing electric vehicles (Zhou, 2023). Concerning the supply chain issues in Tesla, I will further my suggestion to the company's suppliers, supply chain managers, and operational managers. The automobile sector is changing significantly, driven by shifting consumer preferences, regulatory pressures, and technological advancements. Tesla is well-positioned to capitalize on these trends, but the company must remain vigilant despite its many challenges. By staying focused on innovation, sustainability, and operational excellence, Tesla can thrive in the dynamic and ever-changing automotive market.
Market Research
The COVID-19 pandemic has significantly impacted global supply chains, and the automobile industry has not been immune to these disruptions (Appendix 1). Tesla, as a leading manufacturer of electric vehicles, has been particularly affected by supply chain issues in the post-pandemic period. The problem area in Tesla concerning supply chain issues is primarily related to the shortage of critical components, such as semiconductors and raw materials (White, 2023). The semiconductor shortage has been particularly acute, as these components are essential for producing electric vehicles. The drought has been caused by a combination of factors, including increased demand for electronics during the pandemic, factory shutdowns, and disruptions in transportation and logistics.
According to a recent report by Bloomberg, the semiconductor shortage has led to production cuts at Tesla's factories in California and China. The report suggests that the deficit cou...
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