Strategic Management Analysis Essay Example | Topics and Well Written Essays - 1750 words - 1

Strategic Management Analysis - Essay ExampleThe EVs employment electrical energy for propulsion. Customers that purchased electric vehicles incurred problems such as they were unable to use the cars for longer distances due to the limited capacity of the battery, the energize spots were few and the service cost for EV were high. Better Place came into business with the aim of popularizing the use EVs. The first thing the association worked on is a better battery that could last longer. Secondly, they increased the human action of charging spot for the EV customers. They then introduced service packages that were suitable for all classes of customers. Without Better Place Company in business, there could be difficulties for EV users. Vision Agassi, in his bid to reduce pollution, vowed to only purchase electricity produced from the renewable extensions of energy. Better Place believed that the EVs could importantly reduce the costs incurred by drivers. Feasibility studies condu cted showed that electricity costs relatively cheaper than gasoline in most of the countries. Better Place Company is working to reduce the moment of Internal Combustion Engines (ICEs) which will be replaced by EVs. With EVs, environmental degradation will be significantly reduced and motor vehicle costs reduced. Stakeholders ... The company entirely depends on investor for capital. This makes investors important stakeholders to the company. Investors influence the pecuniary decisions of the company. The company cannot undertake any capital investment without investors approval. Investors will always check the financial feat of the company to ensure it is within track. Customers these are the drivers, individuals, governments and firms who purchase the Better Place products. They are the major source of revenue to the company and the main reason why the company exists. Customer will always be concerned with product pricing and quality. The company will always produce high quality products and dispense them at customer friendly prices so as to keep customers. Suppliers this includes car manufactures, electricity producers, battery manufacturers and otherwise suppliers to the company. Without these stakeholders, the company will neither produce nor sell. The company depends on the suppliers for resource inputs whereas the suppliers depend on the company as a market for their products. Governments the company must(prenominal) relate well with the governments of the countries it establishes its business in. governments depend on the company for taxes and creation of employment opportunities. The company expects dangerous business regulations in the country and a good economy to operate in. The company should always acts ethically in all decisions. To address stakeholder concerns, the company must ensure it adheres to the corporate social responsibility regulations. Stakeholder prioritization matrix advanced Power Low Interest High A stakeholders position o n the grid shows the treatment they are given. For instance, those with high power and