Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

22. Unlike most automobile manufacturers, Tesla manufactures most of the parts and components for its electric vehicles itself. It builds the vehicles in its

22. Unlike most automobile manufacturers, Tesla manufactures most of the parts and components for its

22. Unlike most automobile manufacturers, Tesla manufactures most of the parts and components for its electric vehicles itself. It builds the vehicles in its company owned Gigafactories. It also produces its own batteries and has bought a lithium mine to extract the metal used in manufacturing those batteries. It sells directly to consumers online, has its own showrooms, and has its own in-house service and repair unit. This is an example of a) Strategic alliances b) Horizontal integration c) First-mover advantage d) Vertical integration e) Outsourcing

Step by Step Solution

3.40 Rating (153 Votes )

There are 3 Steps involved in it

Step: 1

The question describes a situation where a company Tesla is managing a large part of ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Total Quality Management

Authors: Poornima M. Charantimath

3rd Edition

9332579393, 978-9332579392

More Books

Students also viewed these General Management questions

Question

Whether the hypothesis is one- or two-tailed.

Answered: 1 week ago

Question

Give eye contact, but do not stare.

Answered: 1 week ago

Question

Discuss the prerequisites of TQM.

Answered: 1 week ago

Question

What are the requirements of ISO 9001:2015?

Answered: 1 week ago

Question

Identify three dimensions of customer requirements.

Answered: 1 week ago