Describe three strategies tchalla could use to reduce

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Question: Wakanda Motors operates in the highly competitive car manufacturing business. T'Challa, the company's CEO, has stated that the company faces a number of environmental forces that are out of its control. Most notably, low-cost labour abroad and the increasing cost of the raw materials needed to manufacture cars.

Required:

Is Wakanda Motors at the mercy of its environment? Why or why not?

Assuming Wakanda Motors is most concerned about acquiring the steel, rubber, plastics, and aluminum required to manufacture its cars, describe three strategies TChalla could use to reduce this uncertainty.

Reference no: EM133340674

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