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Dissertation The second step of the solution is to come up with a business level strategy. PESTEL stands for Political, Economic, Social, Technological, Environmental, and Legal factors that impact the macro environment in which Solarcity Tesla operates in. This is known as a diversification strategy. PDF The Acquisition of SolarCity by Tesla A Good Step or Not? - Atlantis Press Do not carry out that someone who helps the program in the start, will sustain to do so in future. The choice of strategy depends on the analysis of the previous tools used and the level of risk the organization is willing to take. VRIO stands for Value of the resource that Solarcity Tesla possess, Rareness of those resource, Imitation Risk that competitors pose, and Organizational Competence of Solarcity Tesla. So Value Chain competitive benchmarking should be done based on industry structure and bottlenecks. After completing a year in the business, it was the stage where she had to examine and reflect her journey and experiences, while operating in the business. in. The case-presiding judge Joseph Slights offered the following statement: Please know that this was not an easy decision to reach, given the time and resources I know you have dedicated to prepare for this trial, and the last minute nature of this decision. Managers need to assess these factors even before entering the market. Lastly, a good case study solution also includes an implementation plan for the recommendation strategies. It includes the bargaining power of buyers in the industry. Managers need to clarify not only the consumer protection laws in advance but also legal implications if the firm fails to meet any of them. Getting the responsibility for the effort and arrangement of implementation. academic writing services at least once in their lifetime! All your payments are secure with Paypal security. The chief executive officer needed to convince Tesla's shareholders that SolarCity would be a good acquisition target and then determine a fair price to offer. In 2016, Tesla acquired solar panel installer and financier SolarCity for $2.6 billion and the assumption of $3 billion in debt. So, recommendations and suggestions need to address the strategy of the marketing department in this case. The company should satisfy some goals for socialization practices. Chat with us - Consumer activism is significantly impacting Solarcity Tesla branding, marketing and corporate social responsibility (CSR) initiatives. Identify the relative market share of each strategic business unit. This is known as market development strategy. Solarcity Tesla needs to restructure its IT policies to accommodate these changes. 1. Socializing is among the important treatments that explain the techniques to increase the interactions among the employees in the business. Data is a real-time snapshot *Data is delayed at least 15 minutes. This content is protected by copyright and may not be reused. According to the plaintiffs, as Tesla's controlling stockholder, Elon caused Tesla's servile Board to approve the Acquisition of an insolvent SolarCity at a patently unfair price, following a highly flawed process, in order to bail out his Most recent surveys suggest that around 76 % students try professional It also should look at the potential opportunities and threats that these competitors pose on the company. The shareholders argued Musk breached his fiduciary duties, squandered Teslas assets and unjustly enriched himself by pushing to buy the money-losing solar company in which he was the biggest investor, according to Reuters.