Sign In
Not register? Register Now!
Pages:
10 pages/≈2750 words
Sources:
Check Instructions
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 43.2
Topic:

Tesla Inc. Tesla’s Mission Statement. Threats Tesla is Experiencing

Essay Instructions:

TERM PAPER ASSIGNMENT:
The term paper is due on November 26, 2019, the early submission date is November 19, 2019. (The last class session is December 5, 2019). Late papers will be penalized by one letter grade.
Analyze the marketing strategy of one of the following companies: eBay, Costco, Home Depot, Tesla, and TJX. Cover the following topics: line of business (organization mission), target markets, SWOT, marketing strategy (4Ps), marketing department organization, value proposition, competitive environment, global operations, social responsibility/sustainability, and marketing metrics (assessing failure or success through sales, market share , profits, sales return on equity).
Your paper should be a combination of analysis of library-based research, evaluation of material from the firm's 10-K, and your own observations (store visits, test drives, consumer interviews, etc.)
Special Topics to be covered:
eBay—Guarantees, handling of customer complaints, gray market goods, selection (width/depth), top-rated seller program, worldwide marketplace, counterfeit surveillance.
Costco--gray market, intelligent loss of sales, importance of membership fees, low gross profit margins, low Web sales, high customer service ratings despite low sales assistant, leased departments
Home Depot – Web—store interface, in-store classes, big box store, rationalized retailing, multiple private brands (TJX, Glacier Bay, Husky, Commercial Electric, Hampton Bay), compare with Lowe’s, contractor sales
Tesla—image, direct versus indirect distribution, dealer lawsuits, chargers versus car sales (chicken vs. egg), market capitalization, difficulties meeting production targets, importance of U.S. and China as a marketplace
TJX – opportunistic versus traditional buying, off price strategy, TJ Maxx, Marshalls, Home Goods, high margins and low Selling, General & Administrative expenses (overhead)

Your paper should be a combination of analysis of library-based research, evaluation of material from the firm's 10-K, Standard & Poor's Industry Analysis, and your own observations (store visits, test drives, consumer interviews, etc.)
I will not accept topics on alternate papers.
You will need to upload your term paper to Turnitin.com. Turnitin.com reviews your paper against published research and a database of prior papers (including paper mills) in an effort to discourage plagiarism. I will receive a full report on each paper submitted. You will also receive a full report.
To upload your paper, follow these directions:
Login to the Hofstra University portal, select this Semester” then your “class” and then select "Assignments." Choose "Term Paper," then "View/Complete," and lastly "Submit Single File Upload."
I will grade papers that are handed in on or before November 19, 2019 (one week prior to regular due date). You can then at your option, resubmit the corrected paper for review for a possible higher grade. THIS OPTION IS NOT AVAILABLE FOR PAPERS FIRST SUBMITTED AT THE DUE DATE.
Your paper should reflect current sources, current practices, have a balanced perspective (pros versus cons), examine the differences between domestic and international strategies (if applicable), and have a scholarly tone. Factors which differentiate an excellent from a fair paper include: currency, extensive use of footnoting, the number and quality of sources used, the use of figures and tables to synthesize material, the effective integration of material from diverse sources and perspectives, and the development of a well-thought conclusion.
TERM PAPER HINTS:
(1) Use the social science form (e.g., Brown 2018a) Please include a full bibliography. For Web sites, use the Web address and date accessed for the source line. (www(dot)dell(dot)com/us/investor.htm as of August 15, 2018).
(2) Start your paper early. This will enable you to obtain all of the necessary data, to properly reread your paper, to incorporate the latest developments, and to properly study for your finals.
(3) Here are some hints in better consulting academic and trade sources:
• Hofstra’s library contains the following online databases:
o These are the online commercial databases you should use: Business Source Premier, Factiva, LexisNexis Academic, and Mergent Online.
• Look up Standard and Poor’s NetAdvantage for the respective industry analysis.
• Use the World Wide Web for the most current sources. Distinguish between company sites, and articles accessed through the web.
• Get the company’s 10-K from www(dot)sec(dot)gov. (EDGAR). A large proportion of firms also place financial reports on their web site (many require that you first download and install a recent version of ABODE ACROBAT).
(4) Your paper should be as current as possible. The vast majority of your footnotes should be from 2017 or later.
(5) Back up your paper frequently (every half hour or so).
(6) The ideal page length of this paper is 10 pages (using a 12 point font and 1 inch margins).
(7) You may do the term paper as a team of two students, it you desire. Each student needs to put their name next to each section to reduce "free-riders." A two-person team will be held to a higher standard than a single authored paper.

Essay Sample Content Preview:

Tesla Inc.
Student’s Name:
Institutional Affiliation:
Date:

Tesla Inc.
Tesla Inc. was established in 2003 by engineers who sought to demonstrate that there is no need for compromising on driving an electric vehicle. It is faster, more efficient and enjoyable than gas vehicles (Tesla, 2019). Constant development demonstrates that the industry is reacting to the company’s self-propelled and energy productions. The state explains the relevance of the firm’s mission statement. The company mission statement leads its tactical resolutions like what needs to be done to achieve business efficiency (Hitt, Ireland, & Hoskisson, 2014). Alternatively, the equivalent company vision statement figures out its way of business development. For instance, the it targets for management as a global auto car business that centers on electric cars. With its growing reputation and brand name, the firm is looking forward to infiltrate the international automotive industry. Approval of its mission, together with its vision gives the company direction to work efficiently.
Tesla’s Mission Statement
Tesla has set the company mission statement as one that will hasten the technology advance to ecological energy (Tesla, 2019). Their statement demonstrates a great change in the market. In a way, the new business mission covers their major products and the automotive vehicle business (Singal, & Jain, 2013). The firm’s mission statement is acceptable. It demonstrates the firm’s objectives. It encompasses all the company’s products that the business sells, the market scope, and the firm's market position. Nevertheless, it does not offer enough data regarding the overall direction of Tesla’s organizational improvement. According to Singal and Jain (2013), therefore, the company can develop the mission statement adding more information about the business strategies in accomplishing its vision.
Tesla’s SWOT Analysis
SWOT analysis suggests tactical restructuring to guarantee Tesla’s effectiveness and enduring achievement in the worldwide auto and renewable energy business (Chen, Kim, & Yamaguchi, 2014). Such transformation should intensify planned efficiency in covering the strengths of competition. However, the trademark and inventive goal maintain global business development in spite of competitive force involving auto competitors. 
Strengths of the Company
Tesla records the following resources that shape its business capacity as a significant competitor in its industry: innovative procedures, trademark, and leadership on its production processes (Chen, Kim, & Yamaguchi, 2014).
Tesla’s Weaknesses
Factors limiting the organization includes disadvantages that can minimize their effectiveness and business development. From the perspective of this business examination, weaknesses are matters that it must deal with applying better approaches, improvements, and creativities (Tesla, 2019). Notwithstanding its reliable brand name in the industry, the company’s operation and possible future progress suffer from these main weaknesses: Fixed market presence, limited supply chain, and high costs.
The Opportunities
The company needs to ut...
Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

You Might Also Like Other Topics Related to edgar allan poe:

HIRE A WRITER FROM $11.95 / PAGE
ORDER WITH 15% DISCOUNT!