After world war II, young Tucker tried to break in the automobile business with his original "Tucker Torpedo" automobile.(You should see the movie"Tucker") But the Big three automobile makers(GM, FORD, and CHRYSLER) formed their own exclusive club, not allowing a new comer to join the club. With a plot(bully tactic, squeeze the capital, or tarnish Torpedo's credibility), they destroyed young Tucker's dream to be a major car maker. Suppose you are in the same position as Tucker's to break in the Oligopoly market(Big three ).
My question is After over a half century later, another visionary car maker, Elon Musk emerges with an electric car of Tesla. What is a future of Tesla? Could it be the fate of another Tucker? if so, why? or Could it be another successful exception as a new member who survived and becomes prosperous in an Oligopoly corporate club due to another niche market of electric cars? If so, why?
Answered in 5sentences would be greatly appreciated,
Ans
It's future is great. No it will not suffer like Tucker. Today laws against monopolistic tendencies and unfair competition are strict. Through social media etc Tela can easily build its reputation.Further it has initial starting advantage in electric car market Other car makers are not able to provide as good products. It will thus be successful exception
After world war II, young Tucker tried to break in the automobile business with his original...
After world war II, young Tucker tried to break in the automobile business with his original "Tucker Torpedo" automobile.(You should see the movie"Tucker") But the Big three automobile makers(GM, FORD, and CHRYSLER) formed their own exclusive club, not allowing a new comer to join the club. With a plot(bully tactic, squeeze the capital, or tarnish Torpedo's credibility), they destroyed young Tucker's dream to be a major car maker. What's your own strategy to survive and prosper in the oligopoly jungle?...
After world war II, young Tucker tried to break in the automobile business with his original "Tucker Torpedo" automobile.(You should see the movie"Tucker") But the Big three automobile makers(GM, FORD, and CHRYSLER) formed their own exclusive club, not allowing a new comer to join the club. With a plot(bully tactic, squeeze the capital, or tarnish Torpedo's credibility), they destroyed young Tucker's dream to be a major car maker. Suppose you are in the same position as Tucker's to break in...
After world war II, young Tucker tried to break in the automobile business with his original "Tucker Torpedo" automobile. (You should see the movie "Tucker") But the Big three automobile makers (GM, FORD, and CHRYSLER) formed their own exclusive club, not allowing a new comer to join the club. With a plot (bully tactic, squeeze the capital, or tarnish Torpedo's credibility), they destroyed young Tucker's dream to be a major car maker. Suppose you are in the same position as...
Background Info After world war II, young Tucker tried to break in the automobile business with his original "Tucker Torpedo" automobile.(You should see the movie"Tucker") But the Big three automobile makers(GM, FORD, and CHRYSLER) formed their own exclusive club, not allowing a new comer to join the club. With a plot(bully tactic, squeeze the capital, or tarnish Torpedo's credibility), they destroyed young Tucker's dream to be a major car maker. Q) Is it a good idea to patent his torpedo...
After world war II, young Tucker tried to break in the automobile business with his original "Tucker Torpedo" automobile.(You should see the movie"Tucker") But the Big three automobile makers(GM, FORD, and CHRYSLER) formed their own exclusive club, not allowing a new comer to join the club. With a plot(bully tactic, squeeze the capital, or tarnish Torpedo's credibility), they destroyed young Tucker's dream to be a major car maker. Suppose you are in the same position as Tucker's to break in...