ScenarioYour presentation to the leadership panel of your company was well received. Now you must create a presentation for a wider audience—stakeholders from inside and outside the company—and include your decisions and recommendations, which were approved by the leadership panel. Remember that your presentation must convey professionalism and be visually appealing as well as informative.DirectionsCreate a presentation of your research and data findings from Project Two including your decision and rationale.Construct a professional business presentation for internal and external stakeholders.Identify your key message to both internal and external stakeholders.Illustrate your key points using visualizations.Tell your story.Specifically include the following in your presentation:Communicate your decision about diversification based on your analysis of the data and research.Use visualizations to tell the story of the (quantitative and qualitative) data.Determine the likelihood of success based on the data and research collected.Discuss the impact that moving to the new industry will have on the organization and its internal and external stakeholders.Detail your recommendations for moving forward.Summarize findings of the research performed.Include research conclusions and reasoning.Describe the rationale behind your recommendations.What to SubmitTo complete this project, you must submit a Powerpoint presentation of 10 to 15 slides including speaker notes. Sources should be cited according to APA style.NOTE PLEASE USE THE ATTACHED PPT AS REFERENCE, IT IS PROJECT 2 AS MENTIONED IN THE INSTRUCTIONS.BUS 225
Project 2
Executive Summary
BY Sai Ruthwik Putheti
Problem Description
company seeks to bolster the organization’s
portfolio
qualitative data
the customer’s preferences
activities and companies in the manufacturing
The company seeks to venture into a new
industry
US Automotive Sector Description
The US automotive sector is one of the largest worldwide
auto part stores make up to 20% of the retail sales in the US
cars and automobiles’ manufacturing has had a challenging
the automotive sector or in the US employs over 17 million individuals
automaker has manufactured and invested more than seventy-five
The US automotive industry has currently encountered a sharp demand drop
The light sales of vehicles are anticipated to be around 14.5-16.4 million units
Toyota Corolla in the United States is the best-selling car company
Ford F-Series is regarded as the most outstanding company in selling light trucks in the
US
Sales in hybrid electric vehicles increase by 3.1% annually.
Current Automotive Market Trends
in August, the total sales in the United States totaled 1.6 million electric cars
Customers of the automotive industry are seeking quality rather than
affordability
Clients are expecting an Omni channel purchasing experience.
Customers are also interested in more appealing vehicle stylings
The pandemic has caused individuals to earn low
Customers are increasing their interest in sustainability in the auto industry
buyer interest in Electric Vehicles accelerates while AVs stall
Description of the New Industry
I propose that it enters the energy industry
the US is a leader in the supply, consumption, and even energy production
The US energy companies further distribute, transmit, and store energy via
composite infrastructure systems
energy technologies make the US one of the most attractive worldwide
markets
2018 total investments were valued at $350 billion; this was the secondlargest worldwide
This industry is increasing since the demand for energy and fuels is very high,
with many people buying automotive
the automotive industry’s incorporation in this industry will highly benefit
electric vehicle promotion
In 2021, renewable energy sources are anticipated to rise to 25%.
Decision-Making Models
Rational decision-making model
Reasonable decision making was described as a more
advanced
actions of each human actor who makes the individual
choices depends on collective social action.
logical decision-making produces safer and more
functional alternatives than spontaneous preference
assumptions of the logical model are established during
the phases of the decision-making model
The logical decision-making process is a model where
individuals use the evidence and data
The Intuitive Model
the interpretation of a decision is not possible solely through conscious or
rational reasoning
working alone will trigger serious mistakes during decision-making.
Cognitive models are constantly developing and allowing us to understand
empathy
trends or signals are recognized an essential aspect of intuitive decisionmaking.
if speed is necessary for good results, you can focus on intuitive decisionmaking
The Recognition-Primed Model
This model presupposes the decision-maker
constructing a potential path
It performs well under time constraints
drawbacks include the need for comprehensive
decision-makers’ expertise
and inability to recognize and model in unique or
misidentified situations
My model choice
Rational decision-making model
Rational decision-making is based on science
knowledge-based approach facilitates reliable high-quality
decisions
The logical approach means discipline, continuity and
reasoning in the decision-making phase.
The decision maker will make an optimal decision with
such a sequential strategy.
The approach solves complicated problems
Appendix A
New Industry’s Porter’s Five Forces
helps identify the rival level in the concerned industry relating to the five
forces
This model’s five forces include new entrant’s threat, suppliers’ bargaining
power, buyers’ bargaining power
industry competition or rivalry, and the risk of substitute products or
services.
New entrants in the energy industry bring innovation, new approaches to
doing things
organizations in this sector buys raw materials from many suppliers
consumers are most demanding
the greater the buyer’s bargaining power and the greater their capability to
seek increasing offers and discounts
Appendix B
the threat of new entrants is weak
few legal obstacles are safeguarding existing corporations
from new entrants
The supplier bargaining power is weak in this automobile
industry
Both the automotive and energy industry have strong
bargaining power from the buyers
intense competition and rivalry
companies are few
References
Select USA (2020). ENERGY INDUSTRY SPOTLIGHT: The Energy Industry in the
United States. https://www.selectusa.gov/energy-industry-unitedstates#:~:text=Overview,%2C%20geothermal%2C%20and%20nuclear%20power.
Select USA (2020). AUTOMOTIVE SPOTLIGHT: The Automotive Industry in the
United States. https://www.selectusa.gov/automotive-industry-united-states
Statista (2020). U.S. Automotive Industry – Statistics & Facts.
https://www.statista.com/topics/1721/us-automotiveindustry/#:~:text=The%20automotive%20industry%20in%20the,impact%20from
%20the%20coronavirus%20pandemic
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