logo

Entrepreneurship Case Studies: Tesla and Dropbox

9 Pages2346 Words475 Views
   

Added on  2023-06-15

About This Document

This article presents case studies on Tesla and Dropbox, covering their business models, financials, sales strategies, and more. The article provides insights into entrepreneurship and is useful for students studying business and management.

Entrepreneurship Case Studies: Tesla and Dropbox

   Added on 2023-06-15

ShareRelated Documents
Running head: ENTREPRENEURSHIP
Entrepreneurship
Name of the Student:
Name of the University:
Author Note
Table of Contents
Entrepreneurship Case Studies: Tesla and Dropbox_1
1ENTREPRENEURSHIP
Case Study I.....................................................................................................................................2
Answer to question 1:..................................................................................................................2
Answer to question 2:..................................................................................................................2
Answer to question 3:..................................................................................................................3
Answer to question 4:..................................................................................................................4
Answer to question 5:..................................................................................................................4
Case Study II....................................................................................................................................5
Answer to Question 1(a)..............................................................................................................5
Answer to Question 1(b)..............................................................................................................5
Answer to Question 2(a)..............................................................................................................6
Answer to Question 2(b)..............................................................................................................7
Answer to Question 2(c)..............................................................................................................8
Answer to Question 3(a)..............................................................................................................8
Entrepreneurship Case Studies: Tesla and Dropbox_2
2ENTREPRENEURSHIP
Case Study I
Answer to question 1:
One of the vital aspects for the manufacturers of vehicle is economies of scale and the
underpinnings can be used across multiple of cars that are manufactured by Tesla. This will
enable company in saving the costs that are incurred for building platforms possessing unique
parts. Economies of scale employment by Tesla for manufacturing of Model 3 would make it
affordable for people by finishing of Gigafactory. This factory development will enable Tesla to
build 500000 cars by year 2020. This will help company in saving costs and introducing car at
affordable price that will help in increasing sales and revenue growth of company.
The model S units of Tesla caught fire that led to arising of controversies and has the
consequence of lowering earnings and thing the stock price hardly. Public relations issues
concerning the car on fire of model S launched by Tesla should be addressed by the
communication standpoint and concisely and clearly explaining customers about the problems.
This particular type of crisis management can be well managed by disclosing the actual reason
and truth behind the occurrence of such incidents that will help in regaining trust and customer
confidence.
Answer to question 2:
Future of Tesla is very optimistic in regard of sales of Model S unit and the reason is
attributable to the fact that the exact cause of catching fire was still not known. The reason for
catching fire was either due to torn of battery pack and short-circuiting of lithium battery cells.
As depicted in the case study, advocates of this particular model have a view that there was no
death and serious injuries associated with this model. Therefore, it can be said that such public
Entrepreneurship Case Studies: Tesla and Dropbox_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Tesla Company: Product Category and Market Segmentation
|4
|762
|79

Principles of Innovation and Entrepreneurship
|8
|2633
|41

Impact of Trade War on Tesla: Organizational Change and Strategies
|13
|3803
|82

Strategic Management Topic: Understanding the Strategic Decision Initiated in Tesla Inc
|13
|5961
|51

Innovation Model Analysis of New Energy Vehicles
|9
|2146
|60

Strategic Management Assignment | Answers
|6
|1328
|26