Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
expand_more
expand_more
format_list_bulleted
Concept explainers
Textbook Question
Chapter 8, Problem 1CTQ
What PESTEL factors supported Tesla’s success? Which factors posed challenges?
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
The percentage of the workplace that is a part of a union has been decreasing for decades (especially in the private sector). Many laws have been passed that give employees rights that unions cared deeply about, e.g., FMLA, OSH Act, FSLA, etc. Does that mean that unions are no longer needed? However, there is also evidence that an ever-increasing part of the pie is going to an ever smaller group of individuals. And unionized employees tend to make more and have stronger protections than non-union employees. Are unions necessary?
SWOT Analyses are often used in businesses to describe their organization. The SWOT model can also be applied to an individual personally and professionally. Identify two to three elements that describe your strengths as a leader, two to three elements that describe your weaknesses as a leader, two to three elements that describe the opportunities you see for yourself as a leader, and, two to three elements that threaten your leadership capabilities
Please answer this general accounting problem
Chapter 8 Solutions
Principles of Management
Ch. 8.1 - Why do managers use strategic analysis?Ch. 8.1 - How are internal factors different from external...Ch. 8.2 - Explain the elements of a SWOT analysis.Ch. 8.2 - What information does a SWOT analysis provide...Ch. 8.3 - Describe a firms macro environment.Ch. 8.3 - What does PESTEL stand for? How do managers use...Ch. 8.3 - How would you approach this issue if you were the...Ch. 8.3 - What PESTEL challenges is LEGO trying to address...Ch. 8.3 - Explain what favorable PESTEL factors support...Ch. 8.4 - Describe each of Porters Five Forces. What...
Ch. 8.5 - What are firm resources and capabilities?Ch. 8.5 - Describe a value chain and what the activities in...Ch. 8.5 - What is VRIO? What questions do the letters stand...Ch. 8.5 - What resource or capability challenges have Uber...Ch. 8.5 - What PESTEL factors do you think are contributing...Ch. 8.5 - What industry challenges (think of Porters Five...Ch. 8.6 - What is competition, and what is the role of...Ch. 8.6 - When does a firm have a competitive advantage over...Ch. 8.6 - Explain the differences between the three...Ch. 8.7 - How does strategic analysis help a firm develop...Ch. 8 - Why do managers use strategic analysis?Ch. 8 - What information does a SWOT analysis provide...Ch. 8 - Describe a firms macro environment and how...Ch. 8 - What is a firms micro environment, and why is it...Ch. 8 - What is an industry, and how do Porters Five...Ch. 8 - What are firm resources and capabilities, and what...Ch. 8 - When does a firm have a competitive advantage over...Ch. 8 - What are generic competitive strategies, and how...Ch. 8 - What do strategic group members have in common...Ch. 8 - How does strategic analysis help a firm develop...Ch. 8 - What PESTEL factors supported Teslas success?...Ch. 8 - How has Teslas strategic position changed since it...Ch. 8 - What kind of responses would you expect from...
Additional Business Textbook Solutions
Find more solutions based on key concepts
(Record inventory transactions in the periodic system) Wexton Technologies began the year with inventory of 560...
Financial Accounting (12th Edition) (What's New in Accounting)
Communication Activity 9-1
In 150 words or fewer, explain the different methods that can be used to calculate d...
Horngren's Financial & Managerial Accounting, The Financial Chapters (Book & Access Card)
An experimental composite engine block for an automobile will trim 20 pounds of weight compared with a traditio...
Engineering Economy (17th Edition)
E6-14 Using accounting vocabulary
Learning Objective 1, 2
Match the accounting terms with the corresponding d...
Horngren's Accounting (12th Edition)
•• B.4. Consider the following linear programming problem:
Operations Management
Questions For Review
12-4. How is the concept of the value package useful in marketing to consumers and industr...
Business Essentials (12th Edition) (What's New in Intro to Business)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- NDB Company has a factory with fixed costs of $650,000 and a production capacity of 225,000 units annually. Its product sells with a 36% contribution margin. The target profit is $470,000. At full production, what does the selling price per unit need to be? Show your complete solution. Give me answer of this financial accounting queryarrow_forwardI need help with answering the following questions Much attention is given to the multigenerational clinician workforce. But what about the multigenerational administrative workforce? Are the challenges similar? What about interactions between multigenerational clinical and administrative workforces?arrow_forwardPlease original work Background information: Often the challenge in using predictive models boils down to understanding the nature of cause and effect. Although statistical analysis might reveal that two observable events tend to happen at similar times, it does not necessarily mean that one event “causes” the other. What is more important: to understand what will happen next or why it will happen? What implications does your answer have for CRM design? Please cite in text references and add weblinksarrow_forward
- Accounting 15arrow_forwardGive five areas of publicly available information that help to establish the health and public image of a company. Propose a web-based information system that will interface with this information display current details on these areas to an executive; include in discription how each item is relevant to the health of the business. Business abbreviations such as stocks are perfectly acceptable as raw data. Ideally, these categories would all be visible on a single monitor screen without scrolling. Suggest two ways this system might be useful.arrow_forwardKim and Park (2011) argue that corporate social responsibility (CSR) activities not only have value for benefitting social causes but can also be regarded as recruiting tools for attracting potential employees who perceive the organization and its CSR activities as an ethical fit. The foundation of this argument comes from an organizational perspective that views employees as important assets for a corporation. Coming from this perspective would mean that corporations would be cognizant about the imperative to have an active CSR program that matches corporate values, missions, and cultures. identify the top ten companies to work for last year. Choose one of these companies and further research its CSR activities. What is the company that is chosen? What are the company's CSR activities? What do these activities communicate about the company? Assess whether these activities are cause beneficial or cause exploitative? Would you consider working for this company?arrow_forward
- I need help with answering the following What are the best and worst traits of leaders that I will work with at Blue Cross Blue Shield ? How would these traits affect your productivity and engagement? What is more important for leading people: hard knowledge of the area you are running or soft people skills? What leadership skills do researchers value the most within the health care sector?arrow_forwarddo fast.arrow_forwarddo fastarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you