Task:

Using concepts from Week $1,$ analyze the competitive strategies and strategic challenges in any MNC companies.

Requirements:

$1.$ Introduction

$-$ Briefly explain strategic management and its role in achieving sustainable competitive advantage.

$2.$ Environmental Scanning $($PESTLE$)$

$-$ Analyze external forces $($Political$,$ Economic, Social, Technological, Legal, Environmental$)$ affecting your chosen EV company.

$3.$ Competitive Advantage $($Porter$\text{'}$s Model$)$

$-$ Identify whether the company follows Cost Leadership or Differentiation.

$-$ Compare briefly with at least one competitor.

$4.$ Value Chain $\backslash$& Resource$-$Based View $($RBV$)$

$-$ Analyze key resources, capabilities, and value chain activities that create its competitive edge.

$5.$ Strategic Statement Components

$-$ Identify and evaluate the Mission, Vision, Goals, and Objectives of the company.

$6.$ Strategy Formulation $\backslash$& Decision$-$Making Model

$-$ Explain how the company formulates and implements strategy $($link to the $7-$step decision$-$making process$).$

$7.$ Strategic Challenges

$-$ Discuss why strategy implementation might fail $($e$.$g$.,$ internal resistance, market timing$).$

$8.$ Conclusion

$-$ Provide recommendations on how the company can sustain or strengthen its competitive advantage.