Q32
Name a business enterprise you are familiar with and carry out a SWOT analysis for that business. [4 Marks]
Expert Answer
SWOT Analysis for Tesla :
Strengths Weaknesses
Most energy efficient product in the segment
Innovation and Design
Effective Leadership and Management
Sales volume is low
Production delays
Economies of scale
Financial Profile
Opportunities Threats
Growing market in Electric Vehicles
International Markets untapped
Increasing government support
Increasing number of competitors
Subsitute products like natural gas vehicle or hybrids
Proximity fear factor