Question: Make a strategic recommendation plan for Tesla, Inc. by answering the following questions based on each potential strategic alternative. 1.Potential strategic alternatives: Corporate-level strategy What
Make a strategic recommendation plan for Tesla, Inc. by answering the following questions based on each potential strategic alternative.
1.Potential strategic alternatives: Corporate-level strategy
- What other corporate-level strategy(ies) would you suggest for this company and why?
- Describe how you would implement your strategies (In other words, describe steps for each major strategic initiative with their timelines)
- Describe the potential risks to implement your strategies
- Describe specific results you want to achieve (i.e., market, financial, and product or service goals)
2.Potential strategic alternatives: Business unit strategy
- What other business unit strategy(ies) would you suggest for this company and why?
- Describe how you would implement your strategies (In other words, describe steps for each major strategic initiative with their timelines)
- Describe the potential risks to implement your strategies
- Describe specific results you want to achieve (i.e., market, financial, and product or service goals)
3.Potential strategic alternatives: Functional strategy
- What other functional strategy(ies) would you suggest for this company and why?
- Describe how you would implement your strategies (In other words, describe steps for each major strategic initiative with their timelines)
- Describe the potential risks to implement your strategies
- Describe specific results you want to achieve (i.e., market, financial, and product or service goals)
4.How and when will you measure the success of the strategies you recommended through Q1-3?
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