What Role do Economies of Scale and Scope Play - Economics Assignment Help

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Assignment Task:

TASK:

BRIEF CASE DISCUSSION AND WRITEUP

Copy the following web address to purchase the Coursepack from Harvard Business School Publishing for ISTM 6224_STT for Summer 2021 and download two items, the article, “The Hybrid Trap…,” and the brief case, “What Business is Rivian In?” If you do not have an HBSP account, you will be asked to establish one and then you can use your credit card to purchase the course pack (total $12.75). This case and article are not lengthy and they complement each other, so I am asking that you study both.
Please prepare a writeup of a minimum of 1000 words (total) addressing the following case discussion questions:
1. What role do economies of scale and scope play in determining the current profit model for internal combustion engine (ICE) auto manufacturing? Why have no new North American auto manufacturing entrants survived in North America over the past 60 years.
2. How will electric vehicles change the competitive dynamics of the auto industry? How will autonomous driving software affect the future growth of demand in the industry?
3. What is the optimal market entry strategy for a new electric vehicle (EV) auto manufacturer like Rivian? Why will niche markets prevail?
4. What barriers and related risks still exist for new EV auto manufacturers? Why does Rivian’s current multi-market approach pose a material risk for its future survival and profit model?
Please enrich your answers to these case questions by incorporating insights from the article and other readings or the textbook. Answer these questions explicitly and one by one in your writeup. This makes it easier for you to organize your commentary and also easier to evaluate your assessments. (Note that you may write more than 1000 words if you wish, but recognize that grading is based on quality of commentary rather than quantity.

 

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