To Compete in the Automobile Market,Tesla Must Make Many Strategic

question 156

Multiple Choice

To compete in the automobile market,Tesla must make many strategic decisions such as whether to introduce a new car model,how to sell and service its cars,and where to advertise.At Tesla's Fremont,California plant,managers must decide on the monthly production quantities of their S and X models.In making this decision,the managers

• A)face no trade-off because the Fremont plant only produces these two models of the many Tesla models produced worldwide.
• B)face a trade-off,because producing more of one model means producing less of the others.
• C)will choose to only produce the quantity of S and X models where marginal cost equals zero.
• D)will always decide on production quantities in which revenues are maximized.

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Definitions:

In-Person Channel

A method of communication or interaction that occurs when individuals are physically present in the same location.

Nonverbal Communication

Involves the transmission of messages or information through means other than spoken words, such as body language, gestures, and facial expressions.

Written Business Communication

The process of exchanging information and ideas in a business setting through written documents, such as emails, reports, and memos.

Letters

Brief written messages sent to customers and other recipients outside an organization.