© Laureate International Universities 2016 Assessment Brief Program Bachelor of Business College William Blue College of Hospitality Management APM College of Business and Communication Code and...

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© Laureate International Universities 2016 Assessment Brief Program Bachelor of Business College William Blue College of Hospitality Management APM College of Business and Communication Code and Subject MGT302A – Strategic Management Assessment Case Study – (Essay format) Group or Individual Individual Length 2000 words (+/-10%) Learning Outcomes 1. Describe various key strategic management processes (strategic inputs, strategic actions and strategic outcomes) 2. Discuss, assess and analyse the internal and external environments of an organisation to determine resources, capabilities and core competencies 3. Develop and critique the implementation of strategic responses to current and future issues facing the global business environment 4. Evaluate business and corporate level strategy and identify the key risks associated with these strategies 5. Evaluate an organisations ability to effectively implement business/corporate strategies Submission Date Week 12 Total Marks 100 Weighting 50% Case study questions: The following questions are based on the case “Tesla Motors: Charging into the Future?” (Hitt, M.A., Ireland, R.D. and Hoskisson, R.E. 2015, Strategic Management: Competitiveness & Globalisation: Concepts and Cases,11e, Cengage Learning, Case 29, pgs 381 -395). 1.Critically evaluate Tesla’s competitive environment. Does the company have a source of (sustainable) competitive advantage? 2. Based on an analysis of the internal environment, discuss the company’s capabilities, and core competencies. Does Tesla have any weaknesses that can impact its ability to compete in the future? 3. What are the trends and conditions in the external environment that have had / will have a dominant influence on the firm’s strategic actions? 4. What are the advantages of Tesla’s business level strategy? What are the risks? 5. As the company grows and expands internationally, what challenges is it likely to face? What recommendations can you make to reduce these potential risks? Required: You should produce an essay that answers each one of the questions above, using a question/answer format. Each question is worth 20 marks (Total 100 marks). The document should include a title page at the start, and a full reference list at the end. In-text referencing (Think/Harvard-style) should be used where necessary. © Laureate International Universities 2016 Marking Guide (per question) Responses accurately and clearly communicate answers to case study questions /10 0 – 2.5 2.5 – 4.0 4.5 – 6.0 6.5 – 8.0 8.5 – 10.0 Majority of responses do not answer the question asked AND communication is unclear with minor spelling and grammatical errors. Responses have an implied answer to the questions asked but do not directly answer the questions OR communication is poor with major spelling or grammatical errors. Majority of responses provide a direct and accurate answer to the questions but the communication lacks clarity OR has major grammatical or spelling errors. Majority of responses provide a direct and accurate answer to the questions. Responses are clearly communicated with minor grammatical or spelling errors. All responses provide a direct and accurate answer to the questions. Responses are communicated clearly withno grammatical or spelling errors. Theory used is accurately explained and applied to support answers /8 0 – 2.0 2.5 – 3.5 4.0 – 5.0 5.5 – 6.5 7.0 – 8.0 Majority of responses are NOT supported with relevant theoretical knowledge OR majority of theory used is explained incorrectly. Majorityof responses to questions are supported with relevant theoretical knowledge that is explained with minor clarity issues and not integrated intothe answer. Majority of responses to questions are supported with relevant theoretical knowledge. Explanation of theory has minor errors or clarity issues, but integrated well in the answer. All responses to question are supported with relevant theoretical knowledge that is explained correctly BUTnotintegrated well into the answer. All responses to questions are supported with relevant theoretical knowledge that is explained correctly and integrated seamlessly intothe answer to the question. Theory is supported with appropriate references that are cited correctly /2 0 0.25 – 0.5 0.75 – 1.0 1.25 – 1.5 1.75 – 2.0 In-text or reference list citations are NOT used. In-text and reference list citations are present but do not follow a particular referencing framework. Referencing style used is used correctly but is notthe referencing style required according to Think Education Standards. In-text and reference list citations used accurately but have minor errors according to Think Education Standards. Both in-text and reference list citations are used perfectly according to Think Education standards. Total mark /20
Answered Same DayApr 21, 2020MGT302A

Answer To: © Laureate International Universities 2016 Assessment Brief Program Bachelor of Business College...

Amar answered on May 10 2020
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Running Header: MGT302A – Strategic Management – Tesla Motors Case Study Analysis         1
MGT302A – Strategic Management – Tesla Motors Case Study Analysis         9
MGT302A – Strategic Management – Tesla Motors Case Study Analysis
MGT302A – Strategic Management – Tesla Motors Case Study Analysis
Question 1
The competitive environment refers to the dynamic form of external
system within which the specific business competes as well as functions (Gamble and Thompson 2014; West et al. 2015). The increased number of sellers with similar set of products / services indicates highly competitive environment within which one competes. In this context, the competitive environment pertaining to Tesla Motors concerning electric vehicles indicates an interesting position. While Tesla Motors has market leadership position and superior technology and with the company already creating a niche position in the market, the competitive threat from established and larger conventional car companies are looming. With pretty much all of these established and larger conventional car companies developing electric vehicles, the same illustrates significant and challenging competitive environment for Tesla Motors in the future.
Competitive advantages refers to the conditions which shall enable the company for producing the goods / service concerning equal value with the lower price and / or with more desirable manner (Gamble and Thompson 2014; West et al. 2015). The said conditions shall enable a productive entity in generating increased sales / superior margins in comparison to the rivals in the market (Gamble and Thompson 2014; West et al. 2015). In this context, Tesla Motors does have strong competitive advantages – [i] first market mover advantage, [ii] superior technology with maximum per charge run miles as compared to the competitors, [iii] novel sales distribution network illustrating cost efficiency and sales effectiveness, [iv] well-established and reputable brand name, and, [v] overall battery / integrated technology that is unique to the company and not replicated. All of these various competitive advantages of Tesla Motors indicate sustainable forms as the same represents some of the capabilities that are unique to Tesla Motors and cannot be replicated easily in the market and has not been replicated or else surpassed until now. In this context, these competitive advantages indicate the capabilities of the company which could be suitable leveraged by the company for its future growth.
Question 2
The SWOT analysis of the internal environment of Tesla Motors is presented as follows –
    Strengths
[i] The company’s first mover advantage to conceive the business concept of pure and full electric vehicle and delivering the same to the market in a successful manner.
[ii] Superior propriety technology that is yet to be surpassed by the competitors in terms of battery quality, battery efficiency, etc.
[iii] Novel and innovative form of effective / efficient sales and distribution strategy.
    Weakness
[i] Huge reliance on debt for funding its various investments and business initiatives
[ii] Lack of sufficient infrastructure to mass produce products for targeting larger population as well as capitalize on economies of scale
[iii] Built to order model of product delivery creating limitations on the product sold, etc.
    Opportunities
[i] The increasing shift in the trends, expectations, and desires of consumers to actively prefer products that environment friendly and ecologically sustainable is favourable to the company’s future prospects
[ii] The various tax subsidies, investment initiatives, and other various regulatory / policy level support that is...
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