Tesla
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Montclair State University *
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https://bstrategyhub.com/tesla-swot-analysis/
https://swotwizard.com/tesla-swot-analysis/
https://www.investopedia.com/articles/active-trading/072115/what-makes-teslas-business-model-
different.asp
https://businessmodelanalyst.com/tesla-business-model/
https://bstrategyhub.com/tesla-business-model-tesla-business-model-canvas/
https://cleantechnica.com/2021/11/29/teslas-business-model-has-created-disruptive-growth/
https://worktheater.com/unraveling-the-tesla-business-model/#:~:text=Key%20Partnerships,-Tesla
%20has%20formed&text=CATL%20and%20LG%20Chem%3A%20Tesla,growing%20demand%20for
%20its%20vehicles
.
https://fourweekmba.com/tesla-distribution-strategy/
Group Maps
https://mavink.com/explore/Tesla-Strategic-Group-Map
https://boardmix.com/tips/strategic-group-map/
https://medium.com/@quanzhou/strategy-analysis-of-tesla-40e764db598e
https://www.slideshare.net/AlexandreKnig/tesla-61883469
Competition is often regarded as a threat, but at the same time, it plays a significant role in the development of a company. Competition encourages a business to find unique ways to attract customers to their products and services away from that of their rivals, and in doing so they are able to successfully achieve a competitive advantage.
To achieve
enduring competitive success
in an industry, a company must thoroughly understand its competitive landscape and develop competitive positioning strategies. One effective tool used to gain insight into direct competitors and analyze their market positions is the strategic group analysis. The analysis provides the data indispensable in the design of the marketing strategy of a company.
This post explores the concept of strategic group analysis, conducting the analysis using strategic group maps and the necessary ideology for effective collaboration.
Strategic groups are common in most industries. Companies, within the same industry, that employ similar strategies with similar resources or have comparable business models, belong to one strategic group. Strategic groups
Have similar characteristics
Have similar market shares
Respond to market trends or competition (threats and opportunities) in similar ways
Offer similar customer service
The
strategy group map
is used as the primary tool in the analysis of strategic groups. It helps visualize and analyze the competitive positions of industry rivals based on variables (common characteristics) relevant to their strategic significance.
The electric vehicle industry is dominated by a few companies, such as GM, Nissan, Toyota, Ford and BMW4
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- What were the market conditions prior to MercadoLibre.com's launch? Were there ideal conditions for the company? Why or why not?arrow_forwardExplain the following benefits of am entrepreneur ° create on destiny ° reach following potential ° generate improsive wealth ° make am differencearrow_forwardShould Playboy change their name and/or get into a new line of business? Why or why not? I do not believe it would be wise for Playboy to change their name or line of business. There is a lot of fame and popularity behind the name. Although Playboy might not be as popular as it once was, there are still individuals today that buy merchandise from the company just for its name. If the company were to change its name it would lose that credibility and popularity. There would be a loss of history behind the brand, which could decrease the overall profits and revenues of the company. Playboy is considered to be at the top of its industry, and changing its name would make it the same as every new brand coming into the industry. There would be no differentiation to persuade buyers. This would also make it incredibly difficult to market and campaign the brand because the brand would ultimately be the same as everyone else. Although if a change is truly needed, then Playboy could rebrand…arrow_forward
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Recommended textbooks for you
- BUSN 11 Introduction to Business Student EditionBusinessISBN:9781337407137Author:KellyPublisher:Cengage LearningEssentials of Business Communication (MindTap Cou...BusinessISBN:9781337386494Author:Mary Ellen Guffey, Dana LoewyPublisher:Cengage LearningAccounting Information Systems (14th Edition)BusinessISBN:9780134474021Author:Marshall B. Romney, Paul J. SteinbartPublisher:PEARSON
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BUSN 11 Introduction to Business Student Edition
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Publisher:McGraw-Hill Education