Question: : Individual assignment due Wednesday 4/6 midnight . Write about an 800-word paper. Assume the audience is the VP Strategy for this company. Write in
: Individual assignment due Wednesday 4/6 midnight. Write about an 800-word paper. Assume the audience is the VP Strategy for this company. Write in a business style appropriate for this level.
- State your chosen company (Tesla), what is their business and what products/services they offer.
- Identify a total of 4 key external environmental factors/trends (demographic, economic, political/legal, technological and/or sociocultural) that affect this company. How do each effect the company?
- What is your chosen companys corporate/business strategy? What is their competitive advantage? How do they win in the market?
- Do a Porter 5 Forces analysis for this company. Determine high/medium/low power in each of the forces. Why do you think this? Also remember that substitutes are firms in different industries not firms in the same industry.
Use credible sources that are documented, to develop your ideas.
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