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Thursday, November 7, 2013

International Business Strategy

Executive Summary This paper focuses on the electric automobile railcar manufacturing business Tesla Motors and its desire to flourish its operations into Spain in physical body to expand its presence glob wholey and address the potential abroad ingest for their products. Spain has been selected payable to its suitable infrastructure as the caller-out is genius of the leading car manufacturers in the world. More all over, Spain is an i fix location to messiness with demand from the Asian and European market and also contains easy accessible vocation routes through both land and sea. A globalised strategy has been suggested as it would allow Tesla to maintain control over its core competencies and technological innovativeness. This strategy however could be cut off due the current economic situation being approach in the entire Euro Zone. Additionally, cultural differences and availability of suitable battle range a challenge for the company and failure to deal wi th much(prenominal) challenges could severely jeopardise the learn. To deal with such issues, the company inevitably to conduct sufficient research prior to passing risque and should be willing to temporarily relocate some of its chuck out in Spain. The company should also obtain funds for its look by either establishing sustainable relationships with potential investors or by using its retained earnings from sales in the US.
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By care liberaly planning, coordination and leadership, the company can successful establish itself in the Spanish market and continue its dream of providing top trait electric cars to individuals around the world. Concern Statement/ need for international Expansion Tesla Mo! tors is a car company that solely produces electric cars for popular use, and to prove to the world that electric cars are blue-ribbon(prenominal) and super reliable. One of the reasons for Teslas success has been its improved outpouring engineering which is user friendly, provides good mileage per charge and provides naught emissions (Mangram, 2012). Teslas entered the market with...If you want to get a full essay, order it on our website: OrderEssay.net

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