What explains the success of Peloton, Apple, Netflix, and Tesla? Use with Ford Motor Electric Vehicles
For further information on how to summarize an article, click the Learning Resources page. Write a summary of the article and share your thoughts and observations. The summary will be included in a paper you are composing for a potential presentation to the board of directors of Ford Motor Company (building on the week #2 homework). In order to prepare for your presentation, you will also need to delve deeper into the ideas covered in chapters 3 and 5.
Write a concise and compelling description of the strategies used by the businesses mentioned in the article in the attachment to thrive in cutthroat markets. Continue reading to learn more about the ideas discussed in chapters 3 and 5 as they relate to Ford Motor’s entry into the electric car market and the kinds of purchasing decisions they may need to make. Answer the questions listed below, but remember to offer your answers as if you were delivering your report to the Board rather than repeating the questions as was previously stressed. A compelling summary and a successful presentation script both require the incorporation of crucial terms and vocabulary.
You are attempting to educate a new Board of Directors in your capacity for this task by sharing your knowledge and understanding with them about make or buy decisions stressed in your chapter readings.
Give your presentation a title: Strategic Value of Ford Motor’s Electric Car Division
Describe the value add concept for Ford’s electric vehicles.
Name the four factors that determine value.
Describe the idea of unit expenses in relation to the size and breadth of the strategic business unit for electric vehicles.
What essential skills and qualities might Ford Motor possess?
What distinguishes a sustained competitive advantage (SCA) from dynamic capabilities?
Note the primary categorical distinction between Porter’s view of strategy and the Resource-Based View of Strategy in terms of how many strategists view strategy.
Explain value chain activities.
Describe vertical integration and suggest two ways Ford might implement this plan.
Why may Ford Motor Company decide to integrate vertically?
What are the four things to think about while considering a make or buy decision?
In Transactional Cost Economics (TCE) how are human actors characterized?
What are the three types of uncertainty?
