We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Business Strategy. (Tesla Motors, Kellogg's Efficiency) - Assignment Example

Comments (0) Cite this document
The Kellogg's management was aware that the company needs to be clear on what it intends to achieve in the long term. Therefore, the firm established SMART aims, goals and objectives, and then formulated a strategic plan to enable it to achieve its vision of being the food provider of choice. …
Download full paperFile format: .doc, available for editing
Polish This Essay93.6% of users find it useful
Business Strategy. (Tesla Motors, Kelloggs Efficiency)
Read TextPreview

Extract of sample
"Business Strategy. (Tesla Motors, Kellogg's Efficiency)"

Download file to see previous pages The mission statement focused on achievement of growth by offering better services to customers and actively catering for the needs of its stakeholders. In order to formulate its strategy properly, the firm had to identify the expectations of stakeholders like customers, employees and shareholders. Afterwards, it had to analyse its current performance in regards to service delivery, corporate social responsibility, and profitability. Finally, a company strategy was defined on what the firm needed to have achieved in order to close the performance gap (Ketokivi and Castañer, 2004: 360).
In order to achieve its objectives, the company needed a plan, most of which involved strengthening the core competencies and correcting the mistakes the firm had been making in regards to quality service delivery. For instance, Kellogg's is excellent at keeping injury levels among its employees at their lowest levels; therefore, all the firm did was to establish targets to act as benchmarks for its facilities. The facilities used this benchmark in order to be recognized as the safest, and the firm benefitted in the form of increased employee satisfaction, low turnover, higher productivity, revenue and profits, and a competitive edge for the firm over the years (Ketokivi and Castañer, 2004: 360).
For instance, Kellogg's worked with the supermarket chain in order to capture the market share of customers that seek to obtain all their shopping from one location. Moreover, the firm had responsible corporate social responsibility in its strategic plan to ensure that all its activities are geared towards achieving long-term and short-term goals. For instance, it sponsored community-based events that promote physical activities among customers and members of the public. In addition, all its product packaging has information on the products and the recommended daily intake for various nutrients. By doing so, Kellogg's showed its customers that their welfare comes first, even if it means having them to reduce the amount of products they would otherwise have bought without using the guidelines on the labels (Oliveira-Castro et al., 2008: 454). Analysis of Tesla Motors The firm aims at producing fully electric motor vehicles for use by low and middle-income earners. However, due to the high costs of production, and lack of large-scale production infrastructure to enable large scale production the firm may not achieve its objective. Production of cars is a costly venture, and considering the lack of resources at Tesla, the dream of a fully electric vehicle for family, government and other clients may never be achieved. Contrary to expectation, the management of the firm has a strategic plan in place that aims at achieving this vision by, primarily by driving the firm into mass production to enable it to enjoy the economies of scale of doing business in bulk (Schroder, 2009). Tesla’s strategy is to attract public interest, ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Business Strategy. (Tesla Motors, Kellogg's Efficiency) Assignment”, n.d.)
Retrieved from https://studentshare.org/business/1396560-business-strategy-tesla-motors-kelloggs-efficiency
(Business Strategy. (Tesla Motors, Kellogg'S Efficiency) Assignment)
“Business Strategy. (Tesla Motors, Kellogg'S Efficiency) Assignment”, n.d. https://studentshare.org/business/1396560-business-strategy-tesla-motors-kelloggs-efficiency.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Business Strategy
Business Strategy Name; Course: Tutor: Date: Business Strategy Please answer the following questions: a) Explain the mechanistic and organic organization perspectives in relation to strategy and structure. (5 marks) Different organizations adopt various structures and strategies depending on the aims and goals that they seek to achieve in the end.
4 Pages(1000 words)Assignment
Business Strategy
Google’s open source Android mobile operating system was released in 2008. The organization also has its own browser, Google Chrome, and its own social media platform Google Plus. In terms of long-term strategic initiatives Google has established the Google X Lab as a means of innovative experimentation.
3 Pages(750 words)Assignment
Competitor analysis on Tesla
The escalating costs of fuel and the environmental hazards of emissions make electric vehicles (EVs) the best viable option in the present times. As such, a major share of consumers will prefer EVs such as Tesla
3 Pages(750 words)Assignment
Business strategy
Type of resource required 5 5. Targets and timescale required for the University of Leeds 6 6. Formation of team 7 7. Introduction of Management by Objectives (MBO) 8 Works Cited 10 Name of the Student Name of the Professor Name of the Course Date Business Strategy 1.
7 Pages(1750 words)Assignment
Business strategy
There is also a strong consensus among researchers as well as marketers that competitiveness of an organization does depend upon the core competencies of that organization (Drejer, 2000). Even though much literature has been conducted on this topic, irrelevant usage of terms and vague definitions are still common among practitioners and academics.
8 Pages(2000 words)Assignment
Business and Economic Contexts within Which Two Models Can Find Practical Application 9 4. Contemporary Examples Where the Models Help To Analyze the Business and Economic Context 11 4.1. Example Relating to Porter’s Five Forces Model 11 4.2 Example Relating to Porter’s Diamond Model 12 Conclusion 14 References 15 1.
12 Pages(3000 words)Assignment
Business strategy
The Small Business Association of America would be attractive for employees of small businesses because they can receive discounts on many items simply by paying a small monthly membership fee. b) The market segment of lovers of Indian food
4 Pages(1000 words)Assignment
Business Strategy
Apart from Teochew and Cantonese, Crystal Jade Restaurants also offers style cafes and continental boutique services. The good and quality service offered by this company
8 Pages(2000 words)Assignment
Answering assigned questions about Tesla Motors Company
The company manufactured its first vehicle called Tesla Roadster in the year two thousand and eight. The company was created by Elon R. Musk, Jeffrey and Mark Tarpenning. The company has a net income of + 6.56
4 Pages(1000 words)Assignment
Tesla Motors
The tesla was famous following the production of the perfect tesla roadster that was the first full electric sports car. The firm’s second model was the model S that is a fully electric luxury sedan then the next
10 Pages(2500 words)Assignment
Let us find you another Assignment on topic Business Strategy. (Tesla Motors, Kellogg's Efficiency) for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us