Question
As part of your role as an assistant management accountant, you have been asked to prepare a report for Nellie on the strategic and sustainable
As part of your role as an assistant management accountant, you have been asked to prepare a report for Nellie on the strategic and sustainable positioning WB Pty Ltd should pursue. The business wants to ensure that it can maintain its market share by creating barriers to entry into the electric passenger motor vehicle market and ensuring that they remain sustainably viable in the process. There are growing concerns over sourcing enough material to manufacture batteries and also on how the batteries will be disposed of once their useful life has ceased. Conduct research on these 2 areas and answer the following.
Prepare a report that will be discussed at the next management meeting. Apply your knowledge of the industry (refer to assessment task 1), analyse WB's strategic plan by addressing the following areas.
- Identify WB's competitive advantage (5 marks)
- Complete a SWOT analysis on WB (5 marks)
- Evaluate WB's objectives for their strategic plan ( marks)
- Using Porters generic strategies, what strategy would you recommend WB? (5 marks)
- What are some of the financial, environmental, social and broader issues that WB should consider in sourcing and disposing of the materials used in batteries? (6 marks)
- What are some of the policies that WB could implement to improve in the management of sourcing and disposing of materials? What are the benefits of implementing such policies? (4 marks)
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