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Business Essays

A Company Pursuing a Best-Cost Strategy That Has Achieved Competitive Advantage – Tesla Company

Background Data and Description of To provide electric cars and alternative energy for the American market, Elon Musk founded Tesla in 2003. Using a best-cost strategy, Tesla guarantees its clients to receive more value for less pay. At Tesla, providing unparalleled value to customers means delivering exceptional quality and affordability that beats out the competition. ... Read More
Pages: 4       Words: 1070

3rd-Degree Price Discrimination

Introduction Liu & Serfes (2014) define 3rd-degree price discrimination as a strategy that firms and sellers use to charge higher prices in solid markets and lower costs in weak markets. The scheme aims to increase the firms’ revenue by assigning the same product at different prices depending on the buyer’s willingness and ability to pay. ... Read More
Pages: 6       Words: 1428
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The Implications of Tax Cuts on the US Economy

A tax cut denotes a decrease in the amount of money from taxpayers to revenue. Tax cuts increase the disposable income of the taxpayers but decrease government revenue. Tax cuts represent reductions in the amount of tax paid for services, goods, and income. Tax cuts leave taxpayers with more usable money and thus are examples ... Read More
Pages: 6       Words: 1531

Supply Chain Management and Logistics (SCML)

Introduction Supply Chain Management and Logistics (SCML) is a multifaceted and interdependent system that oversees the transportation and distribution of goods and services from the producer to the ultimate consumer. Supply chain management involves coordinating and controlling the flow of goods, information, and financial resources from the initial stages of production to the ultimate delivery ... Read More
Pages: 3       Words: 606

Successful Strategic Thinking

Introduction Strategy is a plan of action to achieve a long-term or overall aim. Organizations develop strategies for different occasions and objectives. However, these strategies must support achieving the company’s goal and mission. Primarily, several factors contribute to the development of a successful plan by any organization. A strategy must be developed and balanced, and ... Read More
Pages: 25       Words: 6644

Business Issues and Practices

Executive Summary This particular report dealt with the ongoing business issues and practices in a company. These risks have been identified through the report presented by the world economic forum. Implementation of the strategies in climate change adoption and cyber security are the top concerns of every organisation. The company has to go through various ... Read More
Pages: 20       Words: 5267

Blockchain Technology in the Supply Chain

Executive Summary The world is moving towards efficient, clean, and affordable food services. Among its sustainable development goals, the United Nations lists supply chain sustainability as an important course toward sustainable development. The distributed ledger technology allows tracking activities in the entire supply chain in just in time. Decentralized blockchain technology promotes reliability, accountability, transparency, ... Read More
Pages: 11       Words: 2991

Marketing Plan for Bioko Treats in India

Executive Summary: The techniques Bioko Treats can employ to grow its business in the Indian market are laid out in this marketing plan. Ghana-based Bioko Treats crafts handmade chocolate from ingredients obtained locally. Bioko Treats has the chance to enhance its clientele and boost sales as the Indian chocolate market is expanding quickly. To succeed ... Read More
Pages: 6       Words: 1508

Lewin’s Change Model Theory

Introduction As an employee of a skincare spa, I have observed several transformations within my professional environment. A notable modification that caught my attention is the implementation of a new customer management system based on Lewin’s Change Management Model. The model is a commonly accepted structure that delineates the essential procedures for effectively executing organizational ... Read More
Pages: 4       Words: 863

Assessment of Tesla Inc. Framework Based on Bartlett and Ghoshal Model

Introduction The automotive industry greatly contributes to the global economy, employing millions of people and transforming the transport industry forever. This report gives an insight into the automobile aspect of Tesla Inc., a company that focuses primarily on manufacturing electric cars and giving greener energy solutions. The fact that Tesla Inc. invested solely in electric ... Read More
Pages: 11       Words: 2763

A Discussion on Strategic Planning and the Potential Gaps

Introduction Organizations’ short-term and long-term sustainability relies on strategic planning to ensure that operations management meets the organizational set standards and policies. In this context, effective strategic planning overlooks several factors. One of the factors is a clear definition of the organization’s visions which is an essential aspect of forecasting. Having a clear vision, the ... Read More
Pages: 4       Words: 874

Zoom Video Communications, Inc. Dealing With COVID

Introduction Zoom Video Communications, Inc., established in 2011 by Eric Yuan, is a technology firm that provides cloud-based video conferencing and communication solutions. Zoom, the company’s main product, offers remote video conferencing services, allowing companies, organisations, and people to have online meetings, seminars, and virtual events. Zoom’s user-friendly design, high-quality audio and video, and helpful ... Read More
Pages: 16       Words: 4274

Virtual Project Team

Recently, technology has been tremendously advancing, creating a more globalized and digital world, reducing the world to one community. Technology advancement has been incorporated into various organizations to increase productivity, management and general operations efficiency. However, technological advancements have made organizations change their structural organizations from the conventional hierarchical to even and flexible frameworks to ... Read More
Pages: 9       Words: 2246

Sport Economics & Finance

1. Introduction Based in Old Trafford, Greater Manchester, England, Manchester United is one of the world’s most well-known and successful football clubs. Newton Heath LYR Football Club, the organisation’s original name when it was created in 1878, was replaced by Manchester United in 1902. A record 20 League titles, 12 FA Cups, three European Cups, ... Read More
Pages: 10       Words: 2520
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