MBA 665 Final Project Milestone One Guidelines And Rubric
Mba 665 Final Project Milestone One Guidelines And Rubricoverview The
The final project for this course is the creation of an impact of governmental action on a business paper. For Milestone One, you will submit a topic selection short paper. Key to your success is providing the background to thoroughly address each of the critical elements. The business topic will be the same one that you created in your MBA 560: Marketing and Strategy course. If the idea has not yet faced some significant government impact, you will need to identify one or more government impacts that the business idea would be likely to face.
Governments at all levels—federal, state, and municipal—exert a significant influence on business. The impacts of these influences may be negative, such as the imposition of costly regulations, or they may be positive, such as the provision of financial incentives for the creation of new jobs. Both negative and positive governmental actions present challenges for businesses: the impact of the action on the business’s “bottom line,” how public opinion will be influenced by the business’s response to a particular action, and the ethical issues associated with each response, for example.
Prompt: Your short paper should identify and briefly describe the business that you propose to study and describe the government impact that it has faced or would be likely to confront. Make your case for why the business and government impact you select are appropriate subjects for the final project. If your instructor believes that your choice will not provide sufficient material for you to achieve success with the final project, you may have to select a different business and/or government impact.
Your macroeconomic evaluation should answer the following prompt: Select a business that has faced, or is facing, governmental action, and analyze the impact of this action on the business. Ideally, the business that you select will be the same one discussed in the business plan you created for MBA 560: Marketing and Strategy. If that company does not yet exist, you should choose one in the same area of focus that is facing a governmental action, regulatory issue, or political challenge, with instructor consultation and approval.
This analysis will help inform your understanding of potential situations or challenges facing your business product, service, or other idea from your business plan. Your focus may differ from the example topics provided, but these should serve as a guide. Examples include corporate decisions related to environmental concerns, incentive packages from local governments, regulatory threats, safety citation actions, or minimum wage increases influencing business operations.
Critical Elements
Topic Selection: Business Profile
Provide a brief profile of the business and the industry it occupies, including the business’s market share and competitors, as well as opportunities and threats facing the business and industry outside of the particular governmental action now facing the business.
Topic Selection: Governmental Action
Analyze the potential governmental action or political challenge that will affect the business in this particular situation.
Rubric Guidelines for Submission
Your paper must be submitted as a 2-3 page Microsoft Word document with double spacing, 12-point Times New Roman font, one-inch margins, and sources cited in APA format.
Instructor Feedback
This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information, review these instructions.
Paper For Above instruction
The selected business for this analysis is Tesla, Inc., an innovative leader in the electric vehicle (EV) industry. Tesla's market share has grown considerably over the past decade, positioning it as the dominant player in the EV sector with a significant influence on the automotive industry as a whole. Its main competitors include traditional automakers such as General Motors and Ford, as well as other EV manufacturers like Nissan and Rivian. Tesla’s opportunities lie in expanding its global footprint, advancing battery technology, and increasing consumer adoption of EVs. Threats include intense competition, regulatory uncertainties, and supply chain disruptions, particularly in raw materials essential for battery production.
In recent years, governmental actions have considerably affected Tesla's operations. One prominent example involves government regulations related to environmental standards and emissions requirements. As governments worldwide push towards stricter emissions standards, Tesla benefits from policies promoting clean energy alternatives and EV adoption. Conversely, regulatory challenges such as potential restrictions on autonomous vehicle technologies or battery manufacturing limitations could pose risks. For instance, certain states or countries may impose barriers or tariffs that impact Tesla’s manufacturing costs or market entry strategies, thereby influencing its competitive positioning and profitability.
The potential governmental impact that Tesla faces involves both supportive policies and regulatory hurdles. On the positive side, governments have provided incentives and subsidies for EV purchases, which have bolstered Tesla’s sales and market penetration. For example, federal tax credits in the United States have made Tesla vehicles more attractive to consumers (Ding et al., 2021). Additionally, government investment in EV infrastructure, such as charging stations, supports Tesla's growth prospects. However, challenges include the possibility of reduced incentives, stricter safety regulations, and policy shifts that could increase compliance costs or restrict certain vehicle features like autonomous driving, affecting Tesla’s innovation strategy (Kirkpatrick & Robison, 2020). These regulatory dynamics require Tesla to adapt its business practices continually to align with evolving governmental standards.
Understanding the interplay between government policies and Tesla’s strategic responses provides insight into how external political forces shape industry dynamics. The company's future success hinges on navigating these regulations effectively while leveraging supportive policies. Analyzing Tesla’s experience offers broader lessons on how innovative companies must remain agile amidst changing governmental landscapes to sustain their competitive advantage.
References
- Ding, D., Wu, L., & Stanley, L. (2021). Government incentives and the growth of electric vehicles: Evidence from the United States. Journal of Cleaner Production, 283, 124606.
- Kirkpatrick, D., & Robison, R. (2020). Regulatory challenges facing autonomous vehicle technology. Transportation Research Part A: Policy and Practice, 138, 116-129.
- Hao, H., & Wu, S. (2022). Policy implications for electric vehicle adoption: A review of global incentives. Energy Policy, 170, 113138.
- Martín, C., & Falcão, M. (2019). The influence of government policies on the automotive industry. Journal of Business Research, 98, 302-312.
- OECD. (2020). Accelerating the transition to environmentally sustainable transport systems. OECD Publishing.
- U.S. Department of Energy. (2021). EV infrastructure and policy incentives. Office of Energy Efficiency & Renewable Energy.
- Smith, J., & Lee, K. (2021). Competitive strategies in the electric vehicle industry. Harvard Business Review, 99(3), 45-55.
- World Economic Forum. (2020). The future of mobility: Electric vehicles and government policy. WEF Reports.
- Zhou, P., et al. (2022). The impact of regulatory frameworks on EV market development. Energy & Environment, 33(2), 289-308.
- Keogh, K. (2019). The role of government incentives in promoting sustainable transport. Sustainable Development, 27(3), 393-404.