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mart [117]
3 years ago
14

Tesla, founded in 2003, is a company that specializes in electric power technology. The firm sells its powertrain components to

other car companies. At the same time, it is selling a high-performance electric Roadster and the Model S and Model X luxury cars. The company is serving two customers at the same time, both with a focused differentiation strategy: high-end car buyers and car manufacturers with electric cars in their portfolio. This has a potential conflict, creating potential competitors for the end-user businesses who have deeper pockets and a wider reach, which could slow our growth to car buyers. However, your founder, Elon Musk, believes that electric cars should be available for everyone.
Required:
Analyze the situation. Which strategy do you think Tesla should pursue moving forward to align with Mr. Musk’s goals?
Business
1 answer:
Wewaii [24]3 years ago
6 0

Answer:

Choose to continue selling both cars as well as the technology to competitors

Explanation:

Based on the information given since Elon is of the believes that electric cars should be made available for everyone which means that the strategy I think Tesla should pursue moving forward in order to align with Mr. Musk’s goals is to CHOOSE TO CONTINUE SELLING BOTH CARS AND THE TECHNOLOGY TO COMPETITORS in order to put an end to any conflict creating potential competitors for the end-user that may arise which may likely slow the company growth to car buyers.

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The Chicken Union has experienced bad debt losses of 5% of credit sales in prior periods. At the end of the year, the balance of
makvit [3.9K]

Answer:

$9,900

Explanation:

With regards to the above, the percentage of credit sales method estimates bad debt expense by multiplying historical percentage of bad debt losses by the current period's credit sales.

Bad debt expense = Net credit sales × Bad debt loss rate

Bad debt expense = $198,000 × 0.05

Bad debt expense = $9,900

Therefore, estimated bad debt expense for the year is $9,900

8 0
3 years ago
Craig has a lot of reasons for wanting to start his own business. What is the main reason why he believes he’s ready to turn his
Tomtit [17]

Answer:

B

Explanation:

3 0
3 years ago
Suppose you want to play a carnival game that costs 7 dollars each time you play. If you win, you get $100. The probability of w
lilavasa [31]

Answer:

The correct answer would be $5

Explanation:

The formula to use is "Expected return to player" which is

E(x) = x.p(x)

where x is the return to player if they win

and p(x) is the probability of winning.

So here,

x = $100 (return to player for winning)

p(x) = 1/50 (probability of winning)

Therefore expected return to player is

E(x) = x.p(x)

= $100 x 1/50

= $100/50

= $2

Cost: $7

Expected return to player is $2.

Therefore Loss (to player) is Cost minus Expected return

= $7 - $2 = $5 <---- expected value for the carnival to gain,

The loss to the player is the carnival's gain. It's $5.

8 0
3 years ago
Read 2 more answers
At the end of a particular operating​ period, suppose Brenda​ (the manager) sits down with Ethan​ (the employee) and they meet t
Angelina_Jolie [31]

Answer:

Evaluate performance

Explanation:

The mbo process is a time where an employee and manager work together and sets record for a particular period of time.

This step in the mbo process is evaluation of performance. Under this step, the manager reviews the work of the employee from the question, this is what Brenda is doing with Ethan. She is evaluating his performance.

8 0
3 years ago
Which of the following is an advantage associated with managing projects in a functional organization? ​ a. Combines task focus
Natalka [10]

Answer: Unity of command - all workers understand clearly what they need to do because only one "boss" is giving them instructions.

Explanation:

A functional organization is an organization where departments are formed according to areas of specialization and a leader is placed over each department to supervise work carried out by employees. This structure of organization makes control and running very easy because each worker knows who to report to at every given point in time.

4 0
3 years ago
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