Based on the Apple Inc.'s Success During the Global Recession: A Strategic Management Case Study Elucidate how Apple, lacking a manufacturing facility, achieved substantial profit margins despite concerns regarding competition in the computer sector.

1) Tesla, an American automobile manufacturer based in California, has hired you as a business strategy consultant. Tesla is the leader in electric luxury cars across the world. Over the last five years, their sales have increased due to consumer and political concerns over the environmental impact from combustion- based automobiles. Increased demand worldwide has resulted in increased competition from established companies (Ford; GM; Mercedes; Toyota; etc.), as well as smaller start-ups. Because of the Covid-19 pandemic, lags in the supply chain, and a doubling of fuel prices, recent costs have skyrocketed. Consider the following questions: A) While American consumers purchase over 17 million new cars annually, electric cars account for less than 3%, lagging substantially behind Europe and China. Discuss why this discrepancy exists. How do you recommend that Tesla approach the challenge of competing in the existing US market in short-term? What can Tesla and others do to foster…

Detail how  Apple’s brand  allowed it to flourish even during the 2008 recession.

When can market fail? List and briefly explain at least 2 instances of market failure(explain why companies do not address these but government needs to do so). Compare and contrast economic policies with social assistance policies.

As the nation's leading consumer electronics retailer, Best Buy is trying to be the best. But that's not been easy in light of the challenges it's facing in the external environment. Like many other retailers, the economic climate has forced Best Buy to carefully consider its strategic options. Best Buy was founded under the name Sound of Music in 1966 as a home- and car-stereo store by Dick Schulze (he still remains as board chair), who got tired of working for his father, who would never listen to his ideas on how to improve the family's electronics distribution business. However, while chairing a school board in the early 1980s, Schulze realized that his target customer group—15- to 18-year-old males—was declining sharply. He decided to broaden his product line and target older and more affluent customers by offering appliances and VCRs. In 1981, a tornado wiped out his entire store (but not the inventory). Schulze decided to spend his entire marketing budget on advertising a huge…

Being the Best As the nation's leading consumer electronics retailer, Best Buy is trying to be the best. But that's not been easy in light of the challenges it's facing in the external environment. Like many other retailers, the economic climate has forced Best Buy to carefully consider its strategic options. Best Buy was founded under the name Sound of Music in 1966 as a home- and car-stereo store by Dick Schulze (he still remains as board chair), who got tired of working for his father, who would never listen to his ideas on how to improve the family's electronics distribution business. However, while chairing a school board in the early 1980s, Schulze realized that his target customer group—15- to 18-year-old males—was declining sharply. He decided to broaden his product line and target older and more affluent customers by offering appliances and VCRs. In 1981, a tornado wiped out his entire store (but not the inventory). Schulze decided to spend his entire marketing budget on…

Being the Best As the nation's leading consumer electronics retailer, Best Buy is trying to be the best. But that's not been easy in light of the challenges it's facing in the external environment. Like many other retailers, the economic climate has forced Best Buy to carefully consider its strategic options. Best Buy was founded under the name Sound of Music in 1966 as a home- and car-stereo store by Dick Schulze (he still remains as board chair), who got tired of working for his father, who would never listen to his ideas on how to improve the family's electronics distribution business. However, while chairing a school board in the early 1980s, Schulze realized that his target customer group—15- to 18-year-old males—was declining sharply. He decided to broaden his product line and target older and more affluent customers by offering appliances and VCRs. In 1981, a tornado wiped out his entire store (but not the inventory). Schulze decided to spend his entire marketing budget on…

Being the Best   As the nation's leading consumer electronics retailer, Best Buy is trying to be the best. But that's not been easy in light of the challenges it's facing in the external environment. Like many other retailers, the economic climate has forced Best Buy to carefully consider its strategic options. Best Buy was founded under the name Sound of Music in 1966 as a home- and car-stereo store by Dick Schulze (he still remains as board chair), who got tired of working for his father, who would never listen to his ideas on how to improve the family's electronics distribution business. However, while chairing a school board in the early 1980s, Schulze realized that his target customer group—15- to 18-year-old males—was declining sharply. He decided to broaden his product line and target older and more affluent customers by offering appliances and VCRs. In 1981, a tornado wiped out his entire store (but not the inventory). Schulze decided to spend his entire marketing budget on…

Being the Best As the nation's leading consumer electronics retailer, Best Buy is trying to be the best. But that's not been easy in light of the challenges it's facing in the external environment. Like many other retailers, the economic climate has forced Best Buy to carefully consider its strategic options. Best Buy was founded under the name Sound of Music in 1966 as a home- and car-stereo store by Dick Schulze (he still remains as board chair), who got tired of working for his father, who would never listen to his ideas on how to improve the family's electronics distribution business. However, while chairing a school board in the early 1980s, Schulze realized that his target customer group—15- to 18-year-old males—was declining sharply. He decided to broaden his product line and target older and more affluent customers by offering appliances and VCRs. In 1981, a tornado wiped out his entire store (but not the inventory). Schulze decided to spend his entire marketing budget on…

How is Coca Cola's financial health from 2023, 2022, and 2021 in comparison to their competitors?