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Pages:
4 pages/≈1100 words
Sources:
2 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Research Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 20.74
Topic:

Can It Deliver Sustained Profitability?

Research Paper Instructions:

Procedure
Read through Case 16: “Tesla’s Strategy in 2020: Can It Deliver Sustained Profitability?” in your textbook.
Carefully go through all chapters covered in your course and analyze the Tesla case within the frameworks available. Because this situation is fluid, there’s no correct or incorrect answer; what’s important is your application of course materials and the process of your analysis.
Begin with a SWOT analysis, and then read through and thoroughly answer all the questions. When conducting your SWOT analysis, feel free to review the many business articles on Tesla, the stock chat message boards (for sentiment), and any source of information you feel is helpful. Remember to provide citations for any material you quote verbatim.
Your paper should provide answers to the following questions:
1.Create a SWOT analysis for Tesla. Refer to pages 95–99 in your textbook. List Tesla’s strengths, weaknesses, and potential opportunities and threats. Be sure to include these in your paper by either listing them or creating a diagram similar to Figure 4.2 (page 97). Then write your conclusions and implications of the analysis. Lastly, provide at least two recommendations based on this analysis. Explain your reasons for these recommendations.
2.Based on what you’ve read about Mercedes acquiring a stake in Tesla and strategic partnerships from your text, what are the potential pitfalls of this alliance? Do these pitfalls apply in Tesla’s case, given their patent policy? Explain why.
3.What type of diversification strategy does the launch of Tesla’s energy business represent: related or unrelated? Explain why. Does Tesla’s new energy business meet the three Tests of Corporate Advantage?
4.What kind of vertical integration strategy did Tesla choose for its distribution and supply chains—backward or forward integration? What are the advantages of its chosen strategy? What are the disadvantages?
5.In reviewing Tesla’s manufacturing strategy, does the part of Tesla’s value chain it outsources make strategic sense? Explain why or why not.
6.Which of the five generic strategies is Tesla pursuing with its marketing strategy? Explain.
7.What are the key elements of Tesla’s culture? What problems do you foresee that Elon Musk will have in sustaining that culture amid growing competition? Explain.
Grading Criteria
The following is a breakdown of how your project will be graded:
Content 85%
Question 1: 25 points
Questions 2 through 7: 10 points each
Written communication 10%
Format 5%
Here’s a brief explanation of each of these criteria:
Content
The student
Provides clear answers to the assigned questions
Addresses the questions in complete sentences, not just simple yes or no statements
Provides a clear analysis of the assigned topic and presents reasonable conclusions with appropriate supporting information
Writes in his or her own words and uses quotation marks to indicate direct quotations
Uses at least three other sources. At least one of these sources must be found through the Penn Foster online library.
Written Communication
The student
Answers each question in a complete paragraph that includes an introductory sentence, at least four sentences of explanation, and a concluding sentence
Uses correct grammar, spelling, punctuation, and sentence structure
Uses logical thinking in presenting his or her arguments
Stays focused on the assigned issues
Provides clear organization (for example, uses words and phrases like first, however, on the other hand, and so on, since, consequently, next, and when)
Makes sure the paper contains no typographical errors
Supports his or her opinions by citing appropriate information using either APA or MLA format. Need information on resources for proper citation and works cited page.
Format
Type your submission, double-spaced, in a standard print font, and size 12 font. Use a standard document format with 1-inch margins. Do not use any fancy or cursive fonts. Your paper should be written in Microsoft Word or a Word compatible program such as Google Docs.
Include a cover page with the following information:
Your name
Your email address
Your student number
Course title and number (Strategic Business Management, BUS425)
Research project number (352858)

Research Paper Sample Content Preview:
Can It Deliver Sustained Profitability?
Introduction
The paper’s purpose is to conduct a SWOT analysis for Tesla based on the case study information. It further discusses the potential pitfalls in the alliance strategy of the business. Besides, the paper discusses the diversification strategy and vertical integration strategy of Tesla. The generic strategy of Tesla is then discussed, and in the end, the critical elements of Tesla’s culture are discussed.
SWOT Analysis
Table 1 discusses the SWOT analysis of Tesla:
Table 1: SWOT Analysis
Strengths
* In 2019, the company delivered an increase of 50% in vehicles compared to 2018 (Thompson, 2021).
* There is high customers demand due to the strong corporate image of the brand.
* The company was the first to start electric motors in 2003 (Thompson, 2021).
* In 2008, the company empowered an AC motor from Nikola Tesla’s designs of 1882 (Thompson, 2021).
* Elon Musk is a leader whose leadership and intellectual skills are worldwide famous (Thompson, 2021).
* The company believes in continuous innovation, mergers, and acquisitions for the development and growth of the business (Thompson, 2021).

Weaknesses
* The company has spent zero dollars on advertising and marketing, negatively impacting the business. That is why the business faced an operating loss of $521.8 million (Thompson, 2021).
* The business has a high complication procedure; hence, the business was unable to meet the growing demand to meet the production ramp (Thompson, 2021).
* The company has introduced mid-ranged products, increasing the middle class’s demand (Thompson, 2021).

Opportunities
* The company has an opportunity to expand its business roots in Asian markets, which would assist the business in strengthening its financial stability and market share (Ansoff et al., 2018).
* Besides, the business has an opportunity to bring in-house technology to increase its manufacturing cost. It would reduce the production cost.
* The company must spend a lot on advertisement and promotion to convey the message to a broad audience (Ansoff et al., 2018).

Threats
* Tesla faces severe competition from alternative fuel vehicles, which leads to self-driving technology. Nissan is one of the closest competitors (Ansoff et al., 2018).
* The businesses are launching environment-friendly products with a unique value for innovative cars.
* Self-driving cars are still a concern for pedestrians.
* The businesses in the industry have to face severe legal challenges if they do not abide by laws (Thompson, 2021).

The implication of the Analysis
SWOT analysis discussion concluded that the company has the potential to transform the automotive industry into electric vehicles soon. The company took the assistance of Mercedes and BMW to engineer products successfully. However, the company still has only 1% of its cars operating in North America. The company only sells its products to the premium class; hence, its customer base is minimal. Overall, the company is performing efficiently, but it needs to focus on areas of improvement.
Recommendations
The first recommendation for the company is to increase its productio...
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