1. choose a well-known company that you know of, and answer the following questions about it: a. is this mainly a product-based or service-based business? (1.0 points) b. what type of good or service is this company best known for? (1.0 points) c. what makes the company different from its competitors? (1-3 sentences. 3.0 points) d. why do you think this company became successful? describe at least one reason. (1-5 sentences. 2.0 points)

1. Choose a well-known company that you know of, and answer the following questions about it: Tesla

a. Is this mainly a product-based or service-based business? (1.0 points)

Tesla is mainly a product a product-based business.

b. What type of good or service is this company best known for? (1.0 points)

Tesla is known for their all-electric cars.

c. What makes the company different from its competitors? (1-3 sentences. 3.0 points)

Tesla is known for their sleek, all-electric, electronic based car. Not many other companies have a screen as their dashboard. Tesla is constantly coming up with software updates to better the customer experience and safety in the car.

d. Why do you think this company became successful? Describe at least one reason. (1-5 sentences. 2.0 points)

Tesla has become successful because of their safety features. They have outperformed other cars in their safety features. Their new software updates have also led to many technological advancements in things like autopilot and even adding games to the car.

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