Diverse requirements of customers-suppliers and distributors

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Reference no: EM131681058

How is Tesla, Inc. (American automaker, energy storage company, and solar panel manufacturer) meeting the concepts of the following competitive advantages listed below?

• Adapt to external environmental changes.

• Be customer driven and focused.

• Have flexible strategies and processes that can meet the needs and diverse requirements of customers, suppliers, distributors, regulators, and stakeholders.

• Be able to quickly respond to the fast pace of change in the environment by recognizing and taking advantage of opportunities that emerge

• Proactively meet and exceed the needs of customers in light of existing competition.

• Actively engage in R & D to continuously prioritize the development of new products, services, processes, markets, and technologies.

Reference no: EM131681058

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