Porter’s Five Forces models.

 

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.

Refer to the attached document for assignment details and grading rubric.

Please organize your paper as follows:

1. Include a heading for the Introduction.

2. Include headings for EACH of Porter’s Five Forces models.

3. Include headings for Tesla’s Strengths and Weaknesses.

4. Include a heading for the Conclusion.

 

 

Sample Solution

Porter’s Five Forces is a model that identifies and analyzes five competitive forces that shape every industry and helps determine an industry’s weaknesses and strengths. Five Forces analysis is frequently used to identify an industry’s structure to determine corporate strategy. Porter’s model can be applied to any segment of the economy to understand the level of competition within the industry and enhance a company’s long-term profitability. The Five Forces model is named after Harvard Business School professor, Michael E. Porter. Porter’s Five Forces is a business analysis model that helps to explain why various industries are able to sustain different levels of profitability.

now” (Fog, 2004:168). Depending on the consumer’s knowledge, a brand can familiarise itself with an already told ‘story’ or ‘universe’, instantly making a connection with the consumer. This use of storytelling is evidently used in Apple’s 1984 campaign for the launch of Macintosh (see fig.4). This advertisement campaign was conceived by the ad agency Chiat/Day (now known as TBWA/Chiat/Day) which was the same agency that curated the silhouette campaign (Kattan, 2012). This campaign uses George Orwell’s classic, ‘1984’, to adapt the universe already created for the launch of the new Macintosh. The science fiction novel, 1984, “describes a totalitarian society where the party controls all information and brainwashes the populace to adhere to the demands of the system” (Fog, 2004:168). People in Orwell’s ‘universe’ are under constant supervision and in fear ‘Big Brother’, who is always watching.

Figure 4. Apple (1984)

The scene is set with a feel of doom and despair, with ‘soldiers’ marching all dressed in grey with dark surrounding’s, almost like a prison. Once everyone is sat down, they start being lectured by, what looks to be an authoritarian figure. The screen quickly snaps between this and a young, female athlete with a huge sledge hammer being chased by “mind police” (Fog, 2004:168) (see fig.5). I watched a video where Steve jobs speaks about the release of this ad campaign, and in this he talks about Apple’s rival company at that specific time, IBM (Apple keynote-the ‘1984’ ad introduction, 2011). This suggests to me that IBM are being described as the authoritarian figure on the screen, controlling the population as they try to “dismiss the personal computer, as it is too small for serious computing” (Apple keynote-the ‘1984’ ad introduction, 2011). This means that apple must be the youthful female athlete dressed up in full colour, which could be seen as a personification of apple as a company. In terms of the consumer, they’re part in this ‘story’ would be the ‘soldiers’ being told what to do by the authoritarian figure (IBM).

Figure 5. Apple (1984)

Toward the end of the video, the youthful athlete lunges her sledgehammer at the giant screen, smashing it leaving a look of shock and relief on the faces of the general public (see fig.6). The question I asked was why female? The fact the young, youthful athlete was a female suggests to me that Apple where seen as the underdog by IBM, which shows never underestimate the underdog. The essential characters to an effective story are the protagonist and the antagonist; hero and villain” (Kattan, 2012). In this particular campaign, the hero and villain are clear. The hero being

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