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Question.2044 - Based on your readings and resource review, you should be able to define the three strategic approaches (differentiation, cost leadership, and response) to competitive advantages. With these approaches in mind, identify a company and determine which approaches they use. While some companies may use a combination of the approaches, focus your paper on the one key approach used by the firm.Write & Submit Write a 500-word (two-page) paper using the Writing Style Guide (https://erau.instructure.com/courses/159630/pages/writing-style-guide) formatting. Include the following: Explain, briefly, the three strategic approaches to competitive advantages. Provide an overview of your selected company. Discuss which strategic approach your selected company uses and why they use that approach. Include a title and reference page and at least three references. Save your assignment using a naming convention that includes your first and last name and the activity number (or description). Do not add punctuation or special characters. Your paper will automatically be evaluated through Turnitin when you submit your assignment in this activity. Turnitin is a service that checks your work for improper citation or potential plagiarism by comparing it against a database of web pages, student papers, and articles from academic books and publications. Ensure that your work is entirely your own and that you have not plagiarized any material! "PLG1" in the activity name indicates a Turnitin assignment.

Answer Below:

IntroductionCompetitive xxxxxxxxx is xxx aspect xxxx gives xx edge xx a xxxxxxx over xxx competitors xx the xxxxxxxx Competitive xxxxxxxxx is xxxxxxxx by xxxxx varied xxxxxxxxx strategic xxxxxxxxxx McGrath xxxxxxxxxxxx in xxxx paper xxxxx strategic xxxxxxxxxx to xxxxxxxxxxx advantages xxx discussed xx well xx find xxx strategic xxxxxxxx used xx Tesla xxxxx Strategic xxxxxxxxxx to xxxxxxxxxxx AdvantagesAs xxx Porter's xxxxxxx Strategies xxxxx are xxxxx major xxxxxxxxx approaches xxxxxxxxxx use xx attain xxxxxxxxxxx advantages xxx these xxx differentiation xxxx leadership xxx response xxxxx or xxxxx The xxxxxxxxxxxxxxx strategic xxxxxxxx incorporates xxx company xx provide xxxxxx product xx service xxxxxxxx to xxx customers xx that xxxx can xx attracted xxx differentiation xxx be xxxxxxx innovation xx well xx uniqueness xx its xxxxxxx features xxxxxxx design xxxxxxxx and xxxxxxxx service xxx cost xxxxxxxxxx strategy xxxxxxxx providing xxxxx and xxxxxxxx to xxx customers xx the xxxxxx price xxxxxxxx to xxxx of xxx competitors xxxxx has xxxx so xxxx a xxxxx customer xxxx can xx created xxx greater xxxxxxx amount xxx be xxxxxxxxx The xxxxxxxxx are xxxx to xxxxxxx this xxxxxxxx with xxx reduction xx costs xxx an xxxxxxxx in xxxxxxxxxxx efficiency xxxxxxxx the xxxxxxxx strategic xxxxxxxx is xxx targeting xx a xxxxxxxx customers xxxxx or x particular xxxxxxx of xxx market xx that xxx products xxx services xxx developed xx meet xxxxx specific xxxxx Allen xxxxx Takeda xxx White xxxxxxxx of xxxxx Tesla xxx has xxxxxxx as xxx of xxx most xxxxxxx and xxxxxxxxxx companies xx the xxxxx which xx mainly xxxxxxxx in xxxxxxxx fully xxxxxxxx vehicles xxxxxx generation xxx storage xxxxxxx It xx engaged xx the xxxxxx development xxxxxxxxxxx and xxxx of xxxxx products xx well xx offers xxxxxxxxxxxx stations xxxxxxx service xxxxxxx and xxxxxxxxxxxx capability xx July xxxx Reeve xxxx Jeffrey x Straubel xxxx Tarpenning xxx Martin xxxxxxxx founded xxx company xxx presently xx is xxxxxxxxxxxxx in xxxx Alto xx Presently xxx Chief xxxxxxxxx Officer xx the xxxxxxx is xxxx Reeve xxxx and xxx around xxxxxxxxx throughout xxx world xxxxxx Media xxx Differentiation xxxxxxxxx Approach xx Tesla xxxxx has xxxx mainly xxxxxxxxx a xxxxxxxxxxxxxxx strategic xxxxxxxx compared xx other xxxxxxxxxx which xxx been xxxxxxx the xxxxxxxxxxx of xxxxxxxxxx products xxx features xxx company xxx been xxxxxx differentiation xxxx the xxxxxxxx vehicle xxxxxxxxxx by xxxxxxxxxx high-performance xxxxxxxx vehicles xxxx fast xxxxxxxx capabilities xxx long xxxxxx that xxxxxxxxxxxxx from xxxxx automobile xxxxxxxxx that xxxx on xxxxxxxx combustion xxxxxxx The xxxxxxx has xxxx differentiated xxx products xxxx the xxxxxxxxxxx of xxxxxxxx battery xxxxxxxxxx Another xxxxx aspect xx differentiation xx the xxxxxxxxxxx of xxxxxxxxx and xxxx Self-Driving xxx features xx its xxxxxxxx Siddiqui xx also xxxxxxxxxxxxxx with xxx innovative xxxxxx and xxxx experience xx offering xxxxxxxxxxxx software xxxxxxx and xxxxx touch xxxxxxx among xxxxxx The xxxxxx Tesla xxxx the xxxxxxxxxxxxxxx strategic xxxxxxxx is xxxx it xxxxx to xxxxxxxx the xxxxxxxxxx industry xxxx technological xxxxxxxxxx It xxxxx to xxxxxx market xxxxxxxxxxxxxx by xxxxxxxxxxxx from xxxxxxxxxxx automakers xx also xxxxx to xxxxxx environmental xxxxxxxxxxxxxx as xxxx as xxxxxxx a xxxxxxxx brand xxxxx Shipley xxxxxxxxxx Based xx the xxxxxxx discussion xx is xxxxxxxx that xxxxxxxxxxxxxxx cost xxxxxxxxxx and xxxxxxxx are xxx three xxxxxxxxx approaches xxxx by xxxxxxxxx to xxxxxx competitive xxxxxxxxxx It xx found xxxx Tesla xxxxxxxxxxxx a xxxxxxxxxxxxxxx strategy xxxx the xxxxxxxxxxx of xxxxxxxxxx electric xxxxxxxx and xxxxx related xxxxxxxx The xxxxxx behind xxx use xx such xx approach xx that xxxxx wants xx achieve xxxxxx and xxxxxxxxxxxxx leadership xxxxxxxxxx Allen x Helms x Takeda x and xxxxx C xxxxxxxx Generic xxxxxxxxxx An xxxxxxxxxxx Study xx Their xxx In xxxxx Journal xx Business xxxxxxxxxx pp x Forbes xxxxx LLC xxxxx Forbes xxxxxx August xxxxx www xxxxxx com xxxxxxxxx tesla xx d xxxxxxx R x The xxx of xxxxxxxxxxx Advantage xxx to xxxx Your xxxxxxxx Moving xx Fast xx Your xxxxxxxx Harvard xxxxxxxx Review xxxxx Shipley x How xxxxx Sets xxxxxx Apart xxxxxxx Business xxxxxxxxxx viewed xxxxxx https xxx org xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx F xxx Elon xxxx Knocked xxxxx s xxxx Self-Driving xxx Course xxx Washington xxxx viewed xxxxxx https xxx washingtonpost xxx technology xxxxxxxxxxxxxxxxxxxxxxx

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