Figure 212 Tesla Motors Currently Has Three Different Models Available

question 306

Multiple Choice

Figure 2.12 Tesla motors currently has three different models available in Canada; the Model S and the Model 3 (both coupes) and the Model X (an SUV) .Figure 2.12 shows changes to its production possibilities frontier in response to new developments and different strategic production decisions.
Alt text for Figure 2.12: In figure 2.12, 3 graphs, A, B and C show changes to Tesla motors' production possibilities frontier.
Long description for Figure 2.12: Graph A: The x-axis is labelled, S U Vs, and the y-axis is labelled, coupes.2 convex curves begin from the same point near the top of the y-axis.The curves diverge.The first curve ends a little more than half-way along the x-axis.The point E is plotted a little more than half-way along the curve.The second curve ends further along the x-axis, near the end of the axis.The point F is plotted a little more than half-way along the curve.Graph B: The x-axis is labelled, S U Vs, and the y-axis is labelled, coupes.2 convex curves are shown.The first curve begins approximately 3 fifths of the way up the y-axis and finishes a little more than half way along the x-axis.Point G is plotted a little more than half-way along the curve.The second curve begins near the end of the y-axis, and ends close to the end of the x-axis.Point J is plotted is little more than 1 third of the way along the curve, and point H is plotted 3 quarters of the way along the curve.
-Refer to Figure 2.12.In response to changing consumer demands, Tesla cuts back on the production of coupes and increases its production of SUVs.This strategy is best represented by

• A)movement from E to F in Graph A.
• B)movement from G to H in Graph B.
• C)movement from K to L in Graph C.
• D)movement from J to H in Graph B.

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Definitions:

Customer Service

The assistance and support provided by a company to those people who buy or use its products or services.

Management Function

encompasses the processes or activities that managers perform to plan, organize, lead, and control operations within an organization to achieve specified objectives.

Management Team

A group of individuals who manage and make decisions for a specific area of a company or organization.

Organization Lies

Falsehoods or dishonest statements made by an organization, often to protect its interests or image.