Outline one possible trade-off Mercedes-Benz may experience from launching four new models of electric-powered cars. - Edexcel - GCSE Business - Question 8 - 2018 - Paper 1
Question 8
Outline one possible trade-off Mercedes-Benz may experience from launching four new models of electric-powered cars.
Worked Solution & Example Answer:Outline one possible trade-off Mercedes-Benz may experience from launching four new models of electric-powered cars. - Edexcel - GCSE Business - Question 8 - 2018 - Paper 1
Step 1
Possible trade-off: Resource Allocation
96%
114 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
One possible trade-off Mercedes-Benz may face is the allocation of resources. By launching four new models of electric-powered cars, the company may need to divert resources such as finances, workforce, and research and development efforts from other projects, including the production of traditional combustion engine vehicles. This shift could hinder the company's ability to innovate or improve existing models in its traditional lineup, potentially impacting overall market competitiveness.