Task:Summarize your previous work but the analysis will also require a recommendation. The summaries should encompass no more than 1/2 of the total analysis. The final 1/2 of the paperwill provide insight into the strategic direction the firm should take over the next 1-5 years usingthe summaries to provide evidence for your conclusions. You must address each of the followingquestions, but you may choose to suggest (and answer) address additional questions – you havethe freedom to be creative if you want to!
1. Identify and explain business strategy alternatives for your chosen car company (as it relates tothe EV market). (Tesla may have to go all in (but they do have alternatives); but GM, Ford, (astwo examples) etc. may have other alternatives?)
2. In which regions of the US or world (pick one) should the company focus on; to what extentand why? Explain. (fact – the #1 car market is China – basically equal to the #2 and #3 markets –US and Japan) (we are assuming that ‘focus’ is a good thing – you could argue that they shouldbe everywhere – that is your choice – just need ‘evidence’).