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Tesla and Bentley: A Comparison of Strategic Solutions

   

Added on  2023-06-18

13 Pages549 Words253 Views
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STRATEGIC SOLUTIONS
TESLA AND BENYLEY
Tesla and Bentley: A Comparison of Strategic Solutions_1

TABLE OF CONTENT
Tesla’s strategic solution
Product development
Bentley’s strategic solution
Market penetration
Conclusion
Reference
Tesla and Bentley: A Comparison of Strategic Solutions_2

TESLA’S STRATEGIC SOLUTION
PRODUCT
DEVELOPMENT
This is a product expansion
strategy as new products are
added to the product portfolio.
Tesla is company which uses
latest technologies to produce its
products in the existing market to
achieve its goals and objectives.
Tesla and Bentley: A Comparison of Strategic Solutions_3

PRODUCT DEVELOPMENT
ADVANTAGES
Reduces manufacturing costs
Improves quality
Use of latest technology
Higher sales
DISADVANTAGES
Higher risks
Rapid technological changes
No new market exploration
Tesla and Bentley: A Comparison of Strategic Solutions_4

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