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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 worlds most important electric vehicle EV makers. Using the concepts introduced in Chapters and of Crafting & Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases Thompson et al compare and contrast the two companies. Your analysis might address the companies internationalization strategies, corporatelevel 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 fuelbased vehicle, please share your reasons for this choice.
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