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Unit 2 Assignment Tesla Inc.

Unit 2 Assignment Tesla Inc.

Q Due Date: 11:59 pm EST Sunday of Unit 2 Points: 100 Overview: In this assignment, you need to review the Tesla, Inc. case study. The case study describes the rise of Tesla Motors, an electric vehicle company founded in 2004 by electric inventor Martin Eberhard and South African innovator, Elon Musk. The case details the motivation of the two men, their personalities, and the conflicts they went through to develop the company. It also provides an overview of the challenges and opportunities of competing in the electric vehicle space; discusses Tesla's strategies for manufacturing, marketing, and distributing the cars; and points to key questions about Tesla's future. Instructions: Review the Tesla Case Study. Also, feel free to utilize information from the Tesla videos found in Reading and Resources in this unit. Using Porter's Five Forces model: • Describe in detail the challenges and opportunities of competing in the electric vehicle industry. o You will need to create a section for each of the five forces when answering the question in detail. • Finally, describe Tesla's strengths and weaknesses. Requirements: • Submit a two-three page Word document covering the elements of the assignment. • Develop a clear introduction, body, and conclusion. Use paragraph format and transitions. • Focus on the quality of writing and content. • Use APA format with a title page, in-text citations, and references. Abstract not required. The title page, reference page, and appendices are excluded in page length requirement. BUS411 – Business Policy Seminar Tesla, Inc. – Case Study 15 • Research and cite at least two credible sources in APA format. Be sure to read the criteria below by which your work will be evaluated before you write and again after you write. Evaluation Rubric for Tesla, Inc. Case Study Assignment CRITERIA Deficient Needs Improvement Proficient Exemplary 0-11 points 12-15 points 16-17 points 18-20 points Introduction Unclear or incomplete. Introduction with a partially developed thesis. Introduction with a mostly developed thesis. Clear, welldeveloped, introduction and thesis. 0-17 points 18-23 points 24-26 points 27-30 points Supporting Evidence/ Analysis Lacks specific, credible, and relevant support. Development of position/argum ent is inadequate or missing. Not adequately supported with a limited spectrum of specific, credible, and relevant evidence. Development of position/argum ent is somewhat thoughtful and persuasive but lacks detail. Adequately supported with a limited spectrum of specific, credible, and relevant evidence. Development of position/argument is thoughtful and persuasive but lacks some detail. Well-supported with a broad spectrum of specific, credible, and relevant evidence. Position/argument is well developed, very thoughtful, and persuasive. 0-11 points 12-15 points 16-17 points 18-20 points Conclusion No conclusion included. Some attempt at a conclusion, but it is not well written. Good attempt at a conclusion, but more development needed. Well written and fully developed conclusion. 0-8 points 9-11 points 12-13 points 14-15 points Clear and Professional Writing Writing is frequently difficult to understand because of several errors in grammar, punctuation, Writing is somewhat difficult to understand with errors in punctuation, spelling, and grammar. Writing is easy to understand despite minor errors in punctuation, spelling, and grammar. Appropriate Writing is free of almost all punctuation, spelling, and grammar errors. Appropriate word choice is and spelling. Word choice is sometimes inappropriate for an academic setting. Sentence structure is unclear. Appropriate word choice is somewhat used for an academic setting. Sentence structure is somewhat clear. word choice is used for an academic setting. Sentence structure is mostly clear. used for an academic setting. Sentence structure is clear. 0-8 points 9-11 points 12-13 points 14-15 points APA Formatting and References Paper has no APA formatting, or paper has an APA cover, but no references or in-text citations. No academic references present or reference formatting has significant errors. Paper lacks multiple elements of APA (cover, references, or in-text citations). One academic reference present but errors in formatting. Paper lacks one element of APA (cover, references, or in-text citations). Two academic references present but may have a few errors in formatting. Paper has all elements of APA formatting (cover, references, and in-text citations). Two or more academic references are present and formatted properly.

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The external environment of every target market, every industry, and every organization completes the aspects of serious consideration by an organization. These aspects become more relevant and important for serious consideration when there is a new type of innovation already done to develop and grow a specific market. This paper will be about the exploration of every opportunity as well as every challenge existing in the target market of the electric vehicle industry. There will also be every type of weakness as well as every type of strength of the branded organization Tesla identified and illustrated in the paper. Industry Rivalry: The competitive level in case of the electric vehicle industry is extremely high because there are not too many organizations manufacturing and selling electric vehicles (Chen et al., 2020). The reason for this is the high amount of costs required to be incurred by every organization in this industry for acquisition of costly raw materials for developing batteries (Chen et al., 2020). The opportunity is to provide good quality. Bargaining power of suppliers: This force is moderate for the electric vehicle industry. This is because there are not too many suppliers supplying raw materials required by the organizations of this industry (Chen et al., 2020). The level of supply by these suppliers in this industry is also not very high (Chen et al., 2020). There is lack of much control over the activities of the supply chain by any organization functioning in this industry (Chen et al., 2020). The opportunity will be to develop loyal suppliers to keep providing. Bargaining power of buyers: The bargaining power of buyers is moderate to high. This is because the cost of switching of buyers from one organization to another in this industry is not very high (Chen et al., 2020). However, the demand shown for electric