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After reviewing the essential concepts, readings, and cases for 3.1, 3.2, and 3.3 complete the following steps: Read the Tesla Case Study & watch the video at the end of these instructions. Clear
After reviewing the essential concepts, readings, and cases for 3.1, 3.2, and 3.3 complete the following steps:
- Read the Tesla Case Study & watch the video at the end of these instructions.
- Clearly define the scenario.
- Write a summary of the case and state the key issues involved.
- What are Tesla’s strengths, weaknesses, opportunities, and threats?
- What questions must Tesla answer prior to implementing their marketing plan?
- Select the criteria.
- What factors must be considered while analyzing the business problem?
- What tangible evidence can be used to analyze the scenario? What quantitative metrics can be used?
- What specific criteria should be used to evaluate the scenario? Provide rationale for your assumptions?
- Prioritize the criteria based on their relative importance to this specific case. Provide the rationale for your assumptions.
- Evaluate the case.
- Look at the case evidence as it relates to each criterion and describe three marketing strategies that could be used in China.
- Using a table, illustrate how each strategy ranks using the criteria that was established in step 3.
- Describe the strengths and weaknesses of each strategy.
- Analyze how the Electric Vehicle market in China reflects the elements of Porter’s 5 Field Analysis.
- Rank each strategy based on your findings and analysis.
- Make a recommendation.
- Provide a recommendation for Tesla on how it can become a major player in the Chinese EV market. The recommendation should include:
- SMART goals,
- A description of the critical success factors, and
- A brief implementation sequence.
- Provide a recommendation for Tesla on how it can become a major player in the Chinese EV market. The recommendation should include:
Requirements:
- APA format, including in-text citations, cover page, and reference page
- 12 point font, double spaced
- Five to seven pages, including cover page
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