In: Operations Management
FOR tesla motors, amazon, apple & McDonalds
ANALYZE the differences, smilarities, core problems, recommendations and strategies that seperate the companies.
answer-
1- differences between tesla motors, amazon, apple & McDonalds-
POINTS OF DIFFERENCE | TESLA MOTORS | AMAZON | APPLE | McDONALDS |
PRODUCTS & SERVICES | manufactures automobile products like cars, engines etc. | offers consumer products like FMCG,electronics,cosmetics,groceries etc. also it provides streaming & cloud web services. | manufactures premium mobile phones & laptops & other telecommunication devices. | it is a food chain company which provide fast food like bugers, french fries, cold drinks etc. |
area of production operation | manufacture plans situatied in many locations | operates through online medium via website | manufacturing plants are situated to locations like china, america etc. | operates via outlets & shops in different locations of the world. |
INDUSTRY TYPE | automoblile industry | e- commerce industry | electronics & telecommunication industry | fast food industry |
primary customers | people who are job doers & businessmen | people who likes to shop online based on thier lifestyle, taste & preferences. | people with high class & high profession or likes to show off are primary customers as apple phones are very expensive | primary customers are women with busy schedule & people who are living outside thier home like students, job doers etc. |
2- SIMILARITIES between tesla motors, amazon, apple & McDonalds-
POINT OF SIMILARITIES | TESLA MOTORS | AMAZON | APPLE | McDONALDS |
BRAND | tesla motors is big brand | amazon is also a big reputed brand | apple is one of the top brand of the world | mcdonalds is one the top leading brands in fast food industry |
INVESTMENT | for maufacturing of its products, high investment is needed | amazon is known for its investment for its growth via merger & acquisitions | apple produces its own processors & operating system which need high investment | mc donalds has many outlets all over the world for thier management huge investment is required. |
INTERNATION BUSINESS | tesla has many operation & business to many countries. | amazon operates at global level in many different countries | the products of apple are available all over the world. | Mcdonalds provides its franchise to different locations of the world. |
3- CORE problems of tesla motors, amazon, apple & McDonalds-
core problem of tesla motors is the social & technology related issues like cars produced by tesla motors may have caused extra pollution because of some technological issues in the engine.
core problems of the amazon is its work culture as it operates via website so it needs to maintain the work cultutre because many reports on the topics like ethical issues, poor labor policies has been out in the public.
core problems of the apple is competitors mainly chinese mobile manufacturere like samsung, xiaomi, lenovo etc which provide high end premium phones at lower prices.
core problems of Mcdonalds is its food because people think that thier food making process & food is unhealthy & degrading day by day.
4- recommendations & strategies which can help them-
for tesla motors, company should adopt lean manufacturing strategy so that quality of manufacturing of car can be effective & waste should be avoided.
for amazon, company should implement ethical culture for employees & warehouse workers irrespective of nations, religion,language etc.
for apple, it should provide cost effective mobile phones or strategy of differentiation in which it should provide unique feature to customers which can not be imitate by these chinese manufacturere.
for Mcdonalds, company should do advertisement campaign for social causes so that it can clears its tainted image of unhealthy food from the mind of the customers.
*above answer is written in my own words.hope this answer would help you.good luck & rate.