Exam Notes - Strategic Management Analysis Essay - 2

Exam Notes - Strategic Management Analysis - Essay ExampleThe stakeholders atomic number 18 grand to the firm primarily because they check the actions of the company to ensure that the company serves their interest. They can bewitch decisions or observe control the level of control or the extent of influence would differ depending on how much the stakeholders are interested or involved in the firm (Besanko 2010, p. 33). Governments could also offer rebates on galvanising vehicles. For instance, Israel unremarkably taxes internal combustion engine (ICE) vehicles at 70%, but agreed to tax electric vehicles at 10% until the year 2019. The United States, as of the year 2010, offered rebates that ranged from $3,200 - $7,500 depending on the capacity of the battery. In Denmark, rather than the clxxx% ICE tax, consumers would be able to buy electric vehicles at 0% until the year 2015 (Etzion & Struben, 2011, p. 16). Workers have an influence in that they could take an industrial acti on to persuade the company to do as they wish and hypothesis capital companies could vary the credit period and amount of credit to Better pop. Stakeholders can best be influenced through effective communication with them. For instance, clients can be informed about the products and services of Better Place and be persuaded to use them. By judging the company, stakeholders essentially volunteer valuable suggestions, views and opinions and help in mold the firms project and activities concerning its business of electric vehicles. Threats stakeholders pose threat of consumers refusing to buy electric vehicles governments not supporting the project of launching electric vehicles threat from the competition. Opportunities huge potential market for electric vehicles works with key utility firms such as Hawaii Electric Company, Israel Electric Corporation and Torontos bullfrog reason to invest in renewable energy and building recharging networks linked to the grid (Etzion & Struben, 2011, p. 16). Renault-Nissan is committed to provide cars that are compatible with the infrastructure of Better Place. Level of interest Low High Low Power High 2 Industry analysis and scenarios The company committed itself to using clean electrons emanating from renewable sources. Agassi held the vox populi that the firm would have the capacity to buy electricity inexpensively from renewable sources and the cost of driving an electric car would be less than or equal to that of driving an ICE vehicle powered by gasoline (Etzion & Struben, 2011, p. 8). Scenarios for the future are as follows Using renewable energy for electric cars Technology helplessness Technology succeeding Public acceptance Public rejection Porters 5 forces supplier power, vendee power, threat of substitutes, threat of new entrants and rivalry are used as a model for attention analysis. Threat of new entrants threat of new entrants to the electric vehicle industry will serve to tighten up the profitability o f Better Place as it operates in the industry. However, the high capital requirements necessary serves as a vital barrier to entry. Supplier power Powerful suppliers, including the manufacturers of electric vehi