Description
Critical Thinking: Scope of the Modern Company
In this module, we looked at technology-based industries and the management of innovation. For this week’s assignment, review Tesla: Disrupting the Auto Industry, Case 12 (in your textbook). Remember: A case study is a puzzle to be solved, so before reading and answering the specific case study questions, develop your proposed solution by following these five steps:
- Read the case study to identify the key issues and underlying issues. These issues are the principles and concepts of the course area which apply to the situation described in the case study.
- Record the facts from the case study which are relevant to the principles and concepts of the course area issues. The case may have extraneous information not relevant to the current course area. Your ability to differentiate between relevant and irrelevant information is an important aspect of case analysis, as it will inform the focus of your answers.
- Describe in some detail the actions that would address or correct the situation.
- Consider how you would support your solution with examples from experience or current real-life examples or cases from textbooks.
- Complete this initial analysis and then read the discussion questions. Typically, you will already have the answers to the questions but with a broader consideration. At this point, you can add the details and/or analytical tools required to solve the case.
Case Study Questions:
- How are the conventional (internal-combustion-powered) automobile industry and the electric-powered automobile industry similar and how are they different?
- Was it a mistake for Tesla to open its patents? Why or why not?
- What is Tesla’s strategy? What role does innovation play in this strategy?
- How sustainable is Tesla’s competitive advantage? What changes in Tesla’s strategy or its management systems, if any, would you recommend?
Direction:
- writing standards and APA style guidelines.
- Be sure to support your statements with logic and argument, citing all sources referenced
- Write 4 pages in legnth exculding the tilte page (Introduction, body and conclusion)
sincre Regards,
Explanation & Answer
Attached. Please let me know if you have any questions or need revisions.
Outline
Title: Tesla
Introduction
Thesis Statement
Body
•
Question 1
Differences and similarities
•
Question 2
Patent to the Competitor
•
Question 3
Tesla Strategies
•
Question 4
Recommendations
Conclusion
References and citation
Running Head: TESLA
1
Tesla
University Affiliation
Student Name
Course
Date
TESLA
2
Introduction
There has been panic among the business community, politicians, and scientists due to the
latest climate changes and its devastating effect on the environment. This is due to the
contribution made by activities that individual carries out like use of vehicles that emit carbon
dioxide and farming where there is the production of greenhouse gases. According to Bilbeisi
& Kesse (2017), temperatures are more likely to rise from 2.5 to 10 degrees over the next
century, as speculated by a team of 1300 scientists worldwide from the Intergovernmental
Panel on Climate Change (IPCC). Due to this gloomy forecast, technological companies like
Tesla have started venturing into manufacturing pieces of machinery that enhance low energy
emission. In this paper, differences and similarities between the internal Combustion Vehicle
(ICV) and the Battery Electric Vehicle have been drawn. Additionally, the paper has discussed
Tesla's decision on opening patents, its strategy, and the competitive advantage.
Question 1
Differences and similarities between Internal Combustion Vehicles and Battery
Electric Vehicles
Differences
There have been several differences between the internal combustion vehicle and the battery
electric vehicle based on energy, pollution, chemical emission, and car spacing. In internal
c...