Question

After world war II, young Tucker tried to break in the automobile business with his original "Tucker Torpedo" au...

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 ).

Q1) What's your own strategy to survive and prosper in the oligopoly jungle? (0.5 point)

Q2) Is it an good idea to patent his torpedo first and work for the big companies until he accumulates enough capital to compete against big guys? (old saying, if you cannot win over your opponent, try to make your opponent as your friend, then regroup , reenergize and beat it up later) or build your business quietly and slowly outside of Big firms' market territory or radar such as early growth strategy of WalMart in supermarket industry or Google in internet search engine business or what other idea of yours? (0.5 point)

Q3) 30 years later, another young businessman, named Bill Gates first worked for IBM with his licensed operating system called MS -Dos program (although young Bill Gates originally bought Dos program from somebody else). Later he bulit his own empire called Microsoft.

Despite of the difference of the initial sunk cost between a car industry and a software industry, please compare Tucker with Gates in terms of their business strategy. (0.5 point)

Please answer all five questions with at least 3 sentences each.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

卡ngwex: dam ra-thg the ente maxketsng and aduerk si being gdd at low price teay adveeseing orill a to make go more relteble aProduce aneus arand bing化into market or aheHey le pouce a ma petes- eng neoxe and machnila Čuere, 90.1. Plant mal pre vehtclegeorge ao chni of tueer beale ind artaiq nrt.tuoray aith Gata m ers 따 h.th曙HR-pos ond could also ppart Hg-o esol publrcity esh toPrad allegato n motfthad go polke inoge g Cerain alro fold Gill ga 0

Add a comment
Know the answer?
Add Answer to:
After world war II, young Tucker tried to break in the automobile business with his original "Tucker Torpedo" au...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 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. 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...

    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...

    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...

    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...

    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...

  • And there was a buy-sell arrangement which laid out the conditions under which either shareholder could...

    And there was a buy-sell arrangement which laid out the conditions under which either shareholder could buy out the other. Paul knew that this offer would strengthen his financial picture…but did he really want a partner?It was going to be a long night. read the case study above and answer this question what would you do if you were Paul with regards to financing, and why? ntroductloh Paul McTaggart sat at his desk. Behind him, the computer screen flickered with...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT