RSM100 Cases UofT Exam Questions and Answers 100% Pass

RSM100 Cases UofT Exam Questions and Answers 100% Pass Why Tesla surpassed GM and Ford? - Answer- -Global trend -Future potential -Elon Musk -Solar Energy -Going Green -Strong brand -Investing -Uncertainty about oil -Growth Potential How to sustain profitability for Tesla? - Answer- - Develop new models - Invest in advertising - Customer service -Lower prices - Non-duplicable Why would Tesla take such a risk? - Answer- -No true competitors - Investment - Growth potential Strength of Tesla - Answer- -Trustworthy -Quality -Uniqueness -New techno -Eco-friendly -luxury long-rang electro car -strong control over production prices Weaknesses of Tesla - Answer- -high prices -limited supply chain -not enough cars produced -high debt load -unable to organize production Opportunities of Tesla - Answer- -Global sales expansion -global supply chain expansion -business diversification -many people are waiting for model 3 -cost reduction initiatives Threats of Tesla - Answer- -Competitors - Dealership regulations -Falling wheel prices -funding production ramp Starbucks Case - Answer- -no coffee culture before 1980 -store transition into cafe -high quality beans -agressive expansion -accelerated growth -2008 crisis dropped S sales by 50% -Stores shuttered -Recovery started -profit cannibalization Sales were growing in general, but not in all locations. Some of them were empty. -Changing customers preferences. -Roastery -Halo effect Management's contribution to Starbucks' success? - Answer- -consumer oriented -implemented cafe culture -knew where to cut the stores -retrained personnel- adjusted all stores at once -marketing-drew attention -changing to meet the demand -opening roasteries as new potential and new experience for the customers How did Starbucks' management respond to challenges? - Answer- - the need for healthier food and drinks - Created food delivery which is going to be established in 2019 - Competiton -Profit cannibalization -Financial crisis -Halo effect Dollarama case- Going online - Answer- -appeals to people who probably cannot access it physically -appeals to small businesses -to maintain sales can shut down locations in several places -Easier and less costly to do bulk purchases -Targets new market Risk of Dollarama's Going Online? - Answer- - Shipping and delivery can become an excess expenditure (might be compensated by bulk option) - Black marked increased probability Why Dollarama may not succeed? - Answer- -Who would buy in bulk from a dollar- priced store? What the quality might be? - Time issue of waiting for a thing that is needed immediately -Customer cannibalization by low prices-- Market failure? Lower prices in general? Bankruptcy? US gov-t shutdown Case - Answer- -Conflict between president and congress a bout setting up a border (wall) with Mexico costing 5.7 billion dollars -No incentive for budgeting from democrates -Trump wont go back- not that kind of a leader