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What Are The Key Stakeholders That All Of These Organizations Have To Be Satisfied?

990 Words4 Pages

Meeting legal requirement for various region is very important environmental factor. In addition, question will be raised in case of getting an accident. For example, does the autonomous car manufactures will be liable for all the accidents? If an auto manufacture gets a licensing deal to use technology from the IT company, which company is at fault?

2) Identify and describe the key stakeholders that all of these organizations have to be satisfied
Customers
Autonomous car manufactures must produce the vehicles that satisfy customer’s wants such as safety, performance, cost and brand recognition.
Employees/Unions
Innovation requires top talent. Autonomous car manufactures need to be able to hire talented people on board and keep them making sure …show more content…

However, auto manufacturers involvement from the tech companies can be contradictory as these companies such as Google can become a major threat.

5) Analyze the competitive rivalry present by assessing the following factors:

Technology, cost, brand positioning and market shares are some of the drivers of competition. In addition, if the rival competed with the similar category as described earlier, competition is more intense than companies positioned itself in the different target market. In regards to the behaviors, Google’s entry shifted dynamics as being the first company to test its autonomous vehicles, which greatly influenced car manufactures to rush their efforts to produce autonomous vehicles to stay competitive. In addition, if the auto manufactures decided not to enter the autonomous vehicle segment to stay competitive, their market shares can be quickly fall.

5) Analyze the competitive dynamics of the industry by assessing the following

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