Description UNFORMATTED ATTACHMENT PREVIEW Assignment 2 Strategic Management (MGT 401) General Inst ...

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Description UNFORMATTED ATTACHMENT PREVIEW Assignment 2 Strategic Management (MGT 401) General Instructions – PLEASE READ THEM CAREFULLY • • • • • • • • The Assignment must be submitted on Blackboard (WORD format only) via the allocated folder. Assignments submitted through email will not be accepted. Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. Students must mention the question number clearly in their answers. Late submissions will NOT be accepted. Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism). Submissions without this cover page will NOT be accepted. Adds more tan 5 references Restricted - ?????? earning Outcomes: CLO1 CLO2 CLO3 CLO6 Recognize the basic concepts and terminology used in Strategic Management. Describe the different issues related to environmental scanning, strategy formulation, and strategy implementation in diversified organizations. Explain the contribution of functional, business, and corporate strategies to the organization's competitive advantage. Communicate issues, results, and recommendations coherently and effectively regarding appropriate strategies for different situations. Case Study: Tesla and the Global Electric Vehicle (EV) Industry Questions Please read the enclosed case study carefully and answer the questions that follow (2 marks/ question). 1. Briefly present the company's ‘Tesla’ and discuss its position in its market. 2. Which of the Five Forces currently poses the most significant risk to Tesla? Justify your answer. 3. How effective is Tesla’s vertical integration strategy in reducing supplier power? Argue your answer. 4. Should Tesla prioritize defending its premium brand or expand aggressively into lower-cost EV segments? Why? 5. Which type of directional strategy would you recommend to Tesla to better defend its competitive advantage? Justify your answer. Notes. ? ? ? Be concise when answering the questions. It is highly recommended to use the vocabulary/terminology studied in your course of MGT401. You can use other sources (references) about this company to enhance your answers. Student’s Answers Restricted - ?????? 1. 2. 3. 4. 5. Restricted - ??????