Question
How can these three different types of strategies be financed for Lithium Americas Corporation? Exploitive Strategies: Increase production capacity to meet the increasing demand for
How can these three different types of strategies be financed for Lithium Americas Corporation?
Exploitive Strategies: Increase production capacity to meet the increasing demand for lithium.
Diversify customer base to reduce dependence on the automotive industry.
Diversify product portfolio to reduce reliance on a single product.
Defensive Strategies:
Increase marketing and R&D to differentiate products from competitors.
Increase production capacity to reduce dependence on a single supplier.
Expand into new markets to reduce dependence on a single market.
Alliance Strategies:
Form strategic alliances with automakers to secure supply contracts.
Form joint ventures with miners to secure lithium supplies.
Licensing agreements with technology companies to develop new applications for lithium.
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