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Strategic management is in play in the everyday world we inhabit. Moreover, strategic management provides the means to guide, explain and predict business outcomes. BYD

Strategic management is in play in the everyday world we inhabit. Moreover, strategic management provides the means to guide, explain and predict business outcomes. BYD Co. Ltd. and Tesla, Inc. are two of the worldâ??s most important electric vehicle (EV) makers. Using the concepts introduced in Chapters 7 and 8 of Crafting & Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases (Thompson, et al., 2022) compare and contrast the two companies. Your analysis might address the companiesâ?? internationalization strategies, corporate-level strategies, battery technologies, etc. In the race for dominance in the world EV market, which company, BYD or Tesla is likely to prevail and why? Note: Berkshire Hathaway, Inc. is a major investor in BYD. If you were looking to purchase a new car, would you purchase an EV or a traditional fuel-based vehicle, please share your reasons for this choice.

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