bus 2207 written assignment unit 1

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BUS 2207 Written Assignment Unit 1

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University of the people, written assignment unit 1, instructor: himabindu maddali.

Tesla Case-Study Tesla, Inc. is an American multinational corporation known for its electric vehicles, energy storage solutions, and renewable energy products. Established in 2003, Tesla was propelled into the limelight under the leadership of CEO Elon Musk. Its mission is to expedite the world's transition to sustainable energy. To achieve this, the company has released several models of electric vehicles, established a network of fast charging stations, and developed advanced energy products. While its primary manufacturing operations are in the United States, Tesla has expanded its production internationally, a testament to its global ambition. (Wu, 2023) Tesla has become a driving force for change in the automotive industry, leveraging its innovations in electric vehicles, artificial intelligence, and autonomous vehicles to stimulate broader industry shifts. The company's unique software capabilities, particularly its over-the-air updates, have helped establish Tesla as a technology leader in an increasingly tech-savvy industry. However, despite Tesla's significant influence and impressive strides in innovation, the company

has faced several operational and supply chain challenges. (Wagenvoort, 2022) These

challenges stem from Tesla's aggressive approach to deadlines, which has resulted in occasional production shortfalls and product quality issues. Tesla's financial difficulties and lack of a robust supplier base have also been key contributors to its challenges. Traditional automakers have the advantage of long-established supplier

• Market Expansion: Tesla can also look at further geographical expansion, especially in emerging markets where the demand for electric vehicles is starting to increase.
• Local Manufacturing: Building factories in key markets, similar to what they did in China, could reduce costs, allow them to meet local demand better, and circumvent trade barriers.
• Profitability: Tesla must strive to reach consistent profitability; This can reassure investors, make the business more sustainable in the long run, and provide capital for further research, development, and expansion.
• Quality Control: Tesla must address the quality issues that have been a significant point of criticism. High-quality products will enhance Tesla's brand reputation, improve customer satisfaction, and drive sales. (Eisenstein, 2018) Examples include the Gigafactory in Shanghai, which helped Tesla minimize manufacturing costs, avoid tariff issues, and effectively meet local demand. (Jourdan, 2019) The recently announced factories in Germany and Texas are also steps in the right direction, allowing Tesla to serve the European and Central U. markets better. In terms of continuous innovation, Tesla's development of the Cybertruck and continuously innovating in high-performance driving technology exemplified by the Plaid mode in the Model S. The Plaid mode, which is equipped with batteries and three electric motors, can generate an astounding 1,020 horsepower. (Kay,
• This level of performance, which rivals that of prestigious brands like Bugatti and

Lamborghini, demonstrates Tesla's commitment to pushing the boundaries of what electric vehicles can achieve. As the automotive industry progresses, Tesla's dedication to advancing high-performance technology positions the company to sustain its competitive edge. By consistently raising the bar for performance and integrating cutting-edge technology, Tesla is poised to remain a dominant force in the evolving electric vehicle market, showing the company's commitment to stay ahead of the curve. (Kay, 2023)

• Multiple Choice

Course : Multinational Management (BUS 2207-01 - AY2023)

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BUS 2207 – MULTINATIONAL MANAGEMENT

Course description:.

This Course provides an examination and analysis of multinational management functions and processes including planning, organizing, leading, and controlling across cultures and borders in globally diverse environments and organizations. Topics include cross-cultural strategic planning, leadership, and human resource management.

Required Textbook and Materials:

See each Unit for required Readings (links to download material provided in each Unit)

Some of the materials for this course can be found in this archive.

Software Requirements/Installation

No special requirements

Learning Objectives and Outcomes:

By the end of this course, students will be able to:

• Accurately identify and use the foundations, concepts, and principles of multinational management.
• Apply concepts of cultural awareness to personal context and local work situations.
• Demonstrate business communication skills.
• Identify and explain the mutual impacts of business interactions between developed and developing countries.
• Identify and assess the risks associated with an international business venture.

Course Schedule and Topics

This course will cover the following topics in eight learning sessions, with one Unit per week. The Final Exam will take place during Week/Unit 9.

Week 1: Unit 1– Multinational Management in a Multinational Company in a Multinational/Global Economy Week 2: Unit 2– National Culture (part 1) Week 3: Unit 3– National Culture (part 2) Week 4: Unit 4– Communication Week 5: Unit 5– Managing People in a Multinational Setting (part 1) Week 6: Unit 6– Managing People in a Multinational Setting (part 2) Week 7: Unit 7– Expansion Strategy and Risk Management Week 8: Unit 8– Ethics and Corporate Responsibility in a Multinational Setting Week 9: Unit 9– Review and Final Exam