Question: duction and Alignment Chapter 3 provides several tools for analyzing the external environment of a company. It begins with the PESTEL framework for examining political,

duction and Alignment

Chapter 3 provides several tools for analyzing the external environment of a company. It begins with the PESTEL framework for examining political, economic, technological, ecological, and legal factors that affect every company in an industry. It continues with a discussion of Porter's Five Forces Model method for strategic planning analysis. Understanding the environment of a company is of great importance for recommending strategic choices for pricing, products, human resources, and production methods. Learning to apply these analysis tools can assist you in understanding and developing effective strategies.

Upon completion of this assignment you should be able to:

  • Apply the PESTEL frameworks to identify relevant forces from the external environment and the effect of industry structure on company performance.
  • Apply Porter's Five Forces Model to understand the profit potential of a company's industry.

Resources
  • Textbook:Strategic Management

Background Information

Tesla Motors is a new entry into the automotive industry with electric cars in the form of an expensive sports car, the Tesla Roadster. Tesla is seeking to penetrate additional markets by reinventing the rules of engagement. The Chapter Case case study gives the opportunity to apply PESTEL and Porters Five Forces Model strategy analysis tools to an emerging organization and a technology-enhanced product.

Instructions
  1. Review Chapter 3 of your textbook. Be prepared to apply what you have read to the following Chapter Case 3 case study, Tesla Motors and the U.S. Automotive Industry" and case questions in your textbook.
  2. Navigate to the threaded discussion below, perform the analyses and answer the Tesla Motors Chapter Case case study questions 1 through 3. Defend your answers with a comprehensive evaluation that demonstrates clear, insightful critical thinking.
  3. Your initial response should be 200 to 300 words in length, include two academic resources that are properly cited, a

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