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TESLA CASE STUDY ANALYSIS
TESLA CASE STUDY ANALYSIS
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Tesla Case Study Analysis
Tesla has been a company that deals with auto-motives, and it is one of the best as of right now in the United States of America. It is perfect because it looks at how the environment can be made better and how possible it is for the automotive industry to produce vehicles that are not hazardous to the ground and are not too costly. Under Elon Musk, this is the company’s goal; to make cars that are low priced and are of the best quality. Under the CEO, who is an outstanding manager and innovator, the tesla company has been able to overcome many obstacles and challenges that it has faced in the course of its existence. However, in business, challenges keep on being existent day by day. It is upon the leadership of a particular company to determine the best ways to deal with the challenges (Moritz et al., 2015).
In the case of Tesla, there has been a great need for the world to go green and protect the environment, and this has pushed the company to produce more electric cars to satisfy the needs of the population. However, this alone is not satisfactory because there is great competition between the company and the other companies producing the same electric cars. Therefore, Tesla needed to expand its market, and it decided to venture into the China market. The china market is known for some of the best electric cars and all varied types of vehicles, and therefore the market will be very competitive since Tesla wants to join the market with more force and ambition. This is caused by the lack of sales in the United States of America. Therefore it is essential that Tesla expands and makes its market big enough to sell to anyone or anywhere in the world. Thus this makes the company a perfect business, and it may even expand its other resources because it has been able to develop its battery production ability (Perkins & Murmann, 2018).
Therefore Tesla wants to move to the china market, but it has some challenges like reducing the selling price of the cars, and for this to happens, they have to open a production branch in china. The location has already been identified, but issues like getting to know what rates are shared to set up such a company are a challenge. Also, the networking, and marketing within china, getting government incentives to lower the selling price, among many other factors, become a challenge to the establishment of the company in china. However, despite these challenges, there is hope that everything shall fall into place and the company can open the branch successfully in china (Stringham et al., 2015).
Swot analysis
The company tesla has strengths, weaknesses, opportunities, and threats. All of these factors form every organization or even individual persons. Therefore, they have to be analyzed and know before a person or a company can get into more profound commitment about what they want to do and start doing it.
One of the company’s strengths is leadership which they do not doubt that they might or will make mistakes in the manner of doing their daily activities. Elon Musk is seen as one of the best CEOs the company has ever got. Therefore there is trust in him, and looking at him back then when the company was almost falling, it is appreciative of looking at him with eyes of gratitude. This is one of the best strengths of the company. Another power of the company is the technology it uses, which is very advanced. Even though it is not purely a monopoly, the company whose niche is particular makes it easier for the company to sail through everything it faces. The company does not focus mostly on exterior materials.
The company as well as weaknesses. One of the common weaknesses is the full dependence on Elon Musk as the face of the company. This means that if by any chance he stops being the face of the company, then there is a high probability that the company might have a setback. Another weakness of the company is that the company makes a lot of losses. This is because almost every year when they are announcing their profit, theirs is mostly negative. Even though this does not affect the company to a great extent, the continued losses might affect the company and make it unable to operate at some point. Even though the company is in the process of extending its market to China and other parts of the world, the fact that it has been operating in the united states alone for a long time is a weakness because working in one place is risking too much.
The company has opportunities. Some of these opportunities are the ability to expand its operations and open more branches in other countries. Another opportunity for this company is to produce environment-friendly cars, which makes it a possibility and a unique way of penetrating the market. The company also can get into the china market, which is the world’s best automobile market, and compete with other companies and brands. Some of the threats which Tesla involves itself in are that many other companies deal with automobiles, and therefore they are a threat to the prosperity of Tesla. Another danger that brings itself with having branches outside the united states is the possibility of paying so much in things like rent of the premises, tax, and many others, unlike in the united states whereby there are subsidies from the government.
The business issue, in this case, is the opening of a branch in China and expanding the market of Tesla. However, some challenges have to be addressed. The factors to be considered when analyzing the business problem are the possibility of getting funding from somewhere or even getting government subsidies in china like it is in the united states for the company to run. The market in China is also likely to be very competitive; therefore, the company must review the cars’ pricing and try to bring them to a reasonable amount that is almost similar to the other companies or even less.
In analyzing the problem, one of the tangible pieces of evidence which can be used is the cars that are already made. The cars act as concrete evidence that the company is still operating. Even though it is getting difficult to open a branch in China, the company is very optimistic. They have to use the tangible evidence to re-assure themselves that it will be possible. Quantitative metrics, in this case, can be referred to as the increasing demand for non-emission cars in china. This makes it possible for Tesla to venture outside of America and begin a new market. The criteria used for analysis is the comparison method whereby Tesla is compared with other companies, and through this, the differences and similarities are found. Apart from this, Tesla also gets to know how the different companies operate and brings about operation methods to beat them.
The case evidence is that China is a tough market to get into; however, it is still one of the best in the world because it makes it possible for companies to interact, and there is also a vast market for cars. In recent times, the demand is for vehicles and environment-friendly vehicles, which gives Tesla a chance to explore. Tesla can employ many different strategies in getting into the china market. Therefore, getting into the china market must be considered a great competition because it has to be considered a risk. Therefore all care has to be taken to penetrate the market reasonably and succeed. Thus here, the company has to try and find out the charges for opening s branch, the government’s ability to offer them subsidies, the possibility of getting a network of marketing in China, among many other factors (Mangram, 2012).
The strength of researching China’s market is that they will be fully ready for anything that happens to them when they get to the market. However, this also has a challenge because the research cannot be done within a day, and it might consume time. Porters 5 forces framework identifies and discusses the competitive strategies and conditions of different businesses. It has its basis on industrial organization economics. Michael porter is the one associated with these fie strategies. The factors are the microenvironment which affects the company’s ability to make profits and serve its customers to the best. They include; the threat of companies’ new entry, the threat of substitutes, bargaining power of companies, the supplier’s bargaining power, and the competitive rivalry. The threat of new entry makes the entry of Tesla into the china market very difficult. Therefore it has to prioritize and plan effectively to beat the challenge. The threat of substitutes is also a challenge. Therefore it makes it challenging to allow Tesla because the electric cars already there do not want to lose their customers and be in competition (Teece, 2018).).
The bargaining power of the company is also considered. In this case, the company tesla has bargaining power in the china market, giving it an upper hand since it can bargain and get some of the services or commodities reduced in price. Therefore, this acts as one of the company’s positive impacts on the outside world and benefits the company at the end of it all. The competitive rivalry of the companies is also an issue that has to be taken into place. This is because Tesla can compete with almost any company that ventures into electric car production. Therefore, due to its competitive ability, the Chinese government and authorities might need it to be within the market. However, this does not apply to the other competitors in the market, and therefore there is the competitive rivalry that comes up.
The strategies which can be employed into getting into the china market are useful and essential, and therefore they all have to be deployed. However, there is a need for more caution and planning to make sure the business looks as attractive as possible, and thus at the end of it, all make it possible for the company to get into the market quickly.
Recommendations
The company tesla is one of the best companies producing automobiles that are friendly to the environment. Therefore, for its entry into the China market, the following recommendations have to be employed.
Creating links with the Chinese authorities for a possibility of obtaining subsidies
Getting cheaper premises and making sure that the beliefs are convenient
Creating a network of marketers around China
Studying the other companies in China and trying to find ways to beat them in the market
The success factors include the company’s ability to convince the authorities about its products as well as its operation in China and how it will benefit the country from an economic point of view to the environmental point of view. Implementing these goals and items can be possible through close cooperation with all stakeholders to make sure that the company is established successfully in china.
References
Mangram, M. E. (2012). The globalization of Tesla Motors: a strategic marketing plan analysis. Journal of Strategic Marketing, 20(4), 289-312.
Moritz, M., Redlich, T., Krenz, P., Buxbaum-Conradi, S., & Wulfsberg, J. P. (2015, August). Tesla Motors, Inc.: Pioneer towards a new strategic approach in the automobile industry and the open-source movement?. In 2015 Portland International Conference On Management Of Engineering And Technology (picket) (pp. 85-92). IEEE.
Perkins, G., & Murmann, J. P. (2018). What does the success of Tesla mean for the future dynamics in the global automobile sector?. Management and Organization Review, 14(3), 471-480.
Stringham, E. P., Miller, J. K., & Clark, J. R. (2015). Overcoming barriers to entry in an established industry: Tesla Motors. California Management Review, 57(4), 85-103.
Teece, D. J. (2018). Tesla and the reshaping of the auto industry. Management and Organization Review, 14(3), 501-512.
Vynakov, O. F., Savolova, E. V., & Skrynnyk, A. I. (2016). Modern electric cars of Tesla Motors company. Автоматизація технологічних і бізнес-процесів, (8,№ 2), 9-18.
Terror Management Theory
Terror Management Theory
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Terror Management Theory
Based to the social psychology, Terror Management Theory states that there is a psychological conflict in animals cognitive that is a result of having self-preservation instinct and the realization that death is to an extent unpredictable as well as unavoidable. The fact is animals, and primarily people fear demise as well as other variables that postulate suffering and pain in their bodies. With regards to the study one done before, mortality salience, dental pain and college are the independent variables put in consideration in understanding the Terror Management Theory. The Terror Management Theory correctly explains the mortality salience as a stimulant of social and psychological anxiety that might be derived from the person’s sense of self-esteem as well as the cultural view of nature. In this paper, a literature review of the Terror Management Theory is provided with regards to the variables discussed in the past study which includes mortality salience, dental pain, and college.
According to the results and findings of the past research done regarding Terror Management Theory, it is true that a significant number of people fear death and they consider it as an inevitable role of nature that each animal must undergo. Their act of using word fragments such as “SKU” standing for the skull and “DED” signifying dead shows the eminent fear they have on death and their awareness to mortality salience. The words related to death were the most shocking in consideration of the interviewed subjects of matter as the respondents could comfortably spell in full the words regarding dental pain and college. Mortality salience explains that dying is a fact even though people and other animals try to avoid every situation that endangers their life and keep them in the death risk. The act of the interview respondents recalling the first interviewed section without alteration of the answers signified that they paid attention to what they talked about and have a clear understanding of mortality salience, college, and dental pain.
In understanding Terror Management Theory, Ernest Becker postulates that fear of demise plays a part in many people character and aspects of human conduct as well as thought. He supports the Terror Management Theory suggestion that people use self-esteem and takes cultural knowhow to safeguard their awareness of death as an inevitable circumstance. According to Becker’s research, the results and findings show that after people are reminded of the mystery nature of death, they strengthen their cultural worldview and work an extra mile to have self-confidence. In carrying the research, Becker involved intergroup conflict, religious beliefs, and brain imagining as well as psychological disorders (Ayars et al. 2015).People imagine bout the fatal condition of death imposing great terror in their life and many lives in ways that are safe to their health to avoid the immense situation mortality.
The religious beliefs play a significant role in building self-esteem to the followers and also adequately give them hopes of eternal life after death to cease the fear. Many religious scripts are talking about death and mostly refers to it as a state of natural resting and the internal soul joining other spiritual beings where they could live forever. Lack of self-confidence and natural, cultural view of mortality salience may result to psychological disorders where the victims significantly suffer from fear and may lead to avoidance of various necessary things in life which they consider to as life-threatening. For example, one may experience suspicion of driving or living in apartments as they at all time think of death (Greenberg et al. 2017).
With regards to a Terror Management Theory of Social Behavior journal, it postulates that the theory tries to provide an understanding of the social behavior by putting in consideration of the human and animals necessary being and circumstances. The Terror Management Theory put it clear that human motivation is in due course originates from the biological aspects based on the preservation instinct. Significantly it is through the existence of the realities culture maintenance and creation that the fear of death is minimized through the providence of the symbolic context that infuses the world with meaning, continuity, and order as well as constancy. The theory provides a theoretical connection in the middle of superficially distinct utilitarian areas as well as focusing on the specific motivation that makes it human and unluckily disparaging. According to the author of this journal, the Terror Management Theory serves an important purpose that is focused towards improving the understanding and thinking about the discipline’s subject of matter which is mortality salience (Solomon, et at. 1991). The analysis of social behavior in regards to Terror Management Theory signifies that it is through self-preservation motives the people living with hopes of achieving great things without the terror of death. Relieving anxiety of the uncontrollable roles of nature is essential and sound to human development.
Putting in consideration of the dental pain as one of the independent variable used during the research to understand the Terror Management Theory, people are indeed open regarding its related subjects. The study one carried there before postulated that people fear toothaches and those that had experience did not have the will of being in such an experience again. According to the Terror Management Theory, self-cognitive is the appropriate measure of ceasing the terror in the human life. It involves of taking precautions of avoiding instances of dental disorders such as tooth decay and hence escape from the painful process dental infections that many fear (Wiederhold et al. 2014). For example, with relevance to the article regarding clinical practice of virtual reality distraction technique to relieve pain and anxiety in dental procedures, application of the method has increased clinical population and eased the dental procedures.
Fear is a psychological trauma that affects human being which can be either due to the experience or what they thought of various conditions. The author of this article examines the use of virtual reality as a method of distraction for patients suffering dental disorders by the application of both objective and subjective techniques on how Virtual Reality affects patients who underwent pain, anxiety as well as other physiological factors. The research has shown that the favorable independent and impartial replies propose that Virtual Reality distraction methods significantly lessen uneasiness and pain for patients with trivial to modest terror and anxiety.
In consideration of the article by Megan-Jane Johnstone, Solomon, the Terror Management Theory is related to the cultural differences, bioethics and the problem of moral disagreement at the end of life care. The above variable is considered as the primary cause of terror in human life that are put to the same level as the morality salience in threatening peoples’ well-being. The author suggests that the cultural considerations that are significant at the end of life care are misinterpreted, poorly resourced as well as guided in the health maintenance perspective. However, in recent years there has been extra efforts on making policy commitments to the patients. The policy is based on the patients’ care as well as respecting their alternatives as they are the people whose marginal cultural worldviews do not go in hand with the wide view of the conservative ideologies of western culture bioethics (Johnstone, 2012). They at daily bases faces struggle in meeting patient’s care and ensuring meaningful, safe and effective healing way. The author of the article gives particular attention in exploring why cultural differences are there up to date, why they affect people and how the health physicians should offer their treatment to reduce the instances and effects of the preventable ethical results at the end of life care. In this novel, the Terror Management Theory is applied in explanation of how the patients can be relieved from the anxiety, for example with the dental pain.
Paul T. P. Wong’s book “Existential and Spiritual Issues in Death Attitudes” significantly apply reference of the Terror Management Theory in the chapter meaning of management theory and death acceptance. Wong provides a case study of being on a train which has lost control and destined to end in a deadly crash. There is no exit out, and there is no any possible way of slowing its speed as well as changing the track. The questions are how one would cope with it as a passenger. Among the ideas that would ease person’s anxiety towards death and whether death renunciation would help in such a case as well as the illusions. Every human being can be challenged in such a situation, and the overall result is terror and anxiety of death. The Terror Management Theory through the mortality salience at this incidence works it part best as one has to understand the death is inevitable when the time comes. Furthermore, there should be an understanding that nature plays it roles well in all the situations and it is possible of getting out of the out of control train healthy and evade the demise. The book significantly supports the Terror Management Theory encouraging people to have healthy self-confidence as well as cultural and religious beliefs that helps in fighting the anxiety and fear of the natural occurrences.
According to Michael Hviid Jacobsen, Terror Management Theory regards the survival of the living organisms as they are biologically predisposed to survive through avoidance of things that can cause death as much as possible. Human beings are the animals with cognition, and they know that they will in one instance die no matter what. Therefore, it is not sufficient to avert death through the temporary measure as instead, people should seek a solution to the certain natural condition through seeking the consolation of techniques of feeling themselves as immortal beings. The optimistic cultural beliefs give hopes of their possibility of having a life after death and this significant relief the terror of mortality salience.
As discussed above, the Terror Management Theory plays a significant role in reducing the fear and anxiety of death as well as pain. Mortality salience significantly shapes the behavior and character of many people strengthening their self-esteem and cultural beliefs to seek immortal intervention. The theory is essential in giving letting the human being accept about nature and what is out of control of their hands. The research done during the study one signifies that high percentage of human being believes that death is natural and unpredictable.
References
Ayars, A., Lifshin, U., & Greenberg, J. (2015). Terror Management Theory. Emerging Trends in the Social and Behavioral Sciences: An Interdisciplinary, Searchable, and Linkable Resource.
Davis, D., Soref, A., Villalobos, J. G., & Mikulincer, M. (2016). Priming states of mind can affect disclosure of threatening self-information: Effects of self-affirmation, mortality salience, and attachment orientations. Law and human behavior, 40(4), 351.
Greenberg, J., Helm, P. J., & Lifshin, U. (2017). Terror management theory: Surviving the awareness of death one way or another. In Postmortal Society (pp. 79-96). Routledge.
Greenberg, J., Vail, K., & Pyszczynski, T. (2014). Terror management theory and research: How the desire for death transcendence drives our strivings for meaning and significance. In Advances in motivation science (Vol. 1, pp. 85-134). Elsevier.
Johnstone, M. J. (2012, April). Bioethics, cultural differences and the problem of moral disagreements in end-of-life care: a terror management theory. In The Journal of Medicine and Philosophy: A Forum for Bioethics and Philosophy of Medicine (Vol. 37, No. 2, pp. 181-200). Oxford University Press.
Lewis, A. M. (2014). Terror management theory applied clinically: implications for existential-integrative psychotherapy. Death studies, 38(6), 412-417.
Maskaly, J., & Donner, C. M. (2015). A theoretical integration of social learning theory with terror management theory: Towards an explanation of police shootings of unarmed suspects. American Journal of Criminal Justice, 40(2), 205-224.
Shaver, P. R., & Mikulincer, M. E. (2012). Meaning, mortality, and choice: The social psychology of existential concerns. American Psychological Association.
Solomon, S., Greenberg, J., & Pyszczynski, T. (1991). A terror management theory of social behavior: The psychological functions of self-esteem and cultural worldviews. In Advances in experimental social psychology (Vol. 24, pp. 93-159). Academic Press.
Wiederhold, M. D., Gao, K., & Wiederhold, B. K. (2014). Clinical use of virtual reality distraction system to reduce anxiety and pain in dental procedures. Cyberpsychology, Behavior, and Social Networking, 17(6), 359-365.
Term paper topics
Term Paper Topics
SELECT JUST ONE TOPIC!
Please see the syllabus for my policy on academic dishonesty. If you plagiarize, you will not have another chance to rewrite the paper. You will receive a zero and I will enter your name into our institutional tracking system. Period.
1. Read Ray Prebble’s argument found here: https://philosophynow.org/issues/124/Are_You_A_Garbled_Relativist (Links to an external site.)
Present and explain the argument that he calls “beguilingly plausible and utterly invalid.” Why does he think that the argument is invalid? What would James Rachels say about the argument Prebble deems invalid? Would Rachels agree with Prebble? Cite the relevant texts to support your claims.
Cite all the texts you employ. This is at 4 to 5 page paper, though
you may certainly write more. In offering your own judgment and
defense, use course concepts.
2. Suppose that someone attempts to show that Descartes’s argument for God’s existence has a false premise in it. Suppose, specifically, that someone presents the following argument: we all have different beliefs about what perfection is. If we have different beliefs about perfection, then there is no truth of the matter. Thus, there is no truth of the matter whether something is perfect.
Paste the argument in your paper. Then, identify its premises and conclusion. After that, demonstrate whether the above argument valid or invalid? Then demonstrate whether it sound or unsound? We have read multiple authors who give you the tools to answer those questions. Use and cite those authors to answer this question. Using the right readings is part of the topic.
Cite all the texts you employ. This is a 4 to 5 page paper, though you
may certainly write more. In offering your own judgment and defense,
use course concepts.
3. There is a crisis in higher education. Most students finish college without increasing their ability to engage in “complex reasoning, critical thinking and written communication.” That means that someone with a bachelor’s degree is not likely to be better at those skills than they were when they had just a high school diploma. High school students have lower standardized test scores than ever before. They arrive in college with fewer skills than at any time in the last 60 years. Still, people with college degrees earn much more than people without them. Thus, the college degree is not about education; it is about buying a chance to earn more money.
What are the premises in the above argument? What is its conclusion? Would Kant think that the argument demonstrates that there is a moral problem in higher education, if it is sound? Use his text to justify your answer.
Cite all the texts you employ. This is a 4 to 5 page paper, though you
may certainly write more. In offering your own judgment and defense,
use course concepts.
Grading Rubric 1. Does this paper identify have a clear thesis? (5%)
2. Does this paper contain only relevant information? Are the
citations completed properly? (5%) 3. Does the paper attribute thecorrect view to the philosophers in question? (10%) 4. Is/are the
philosopher’s view presented with the appropriate level of detail?(For example, does the author explain concepts and arguments in a
tight manner, or are the arguments and concepts merely sketched?)
(25%) 5. Does the author present a clear argument in his/herdiscussion? (15%) 6. Does the paper cohere? Or, is the paper a
hodgepodge of disparate ideas? (10%) 7. Does the conclusion tie
together the different phases of the paper? Or, is the conclusion a
non-sequitur? (5%) 8. Are the spelling, grammar and syntax on the
college level? (5%) 9. Does the author make appropriate and accurateuse of course concepts in constructing his or her discussion? (20%)
Intangibles: Is the paper on the assigned topic? Is it the author’sown work?