The purpose of Assessment 1 is to apply the knowledge learned in Weeks 1 to 7 to undertake a strategic analysis of a business decision related to an acquisition.
Within the context of Elon Musk's acquisition of Twitter, research, consider and analyse why Elon Musk abruptly announced the termination of the acquisition of Twitter in July 2022 and then subsequently completed the acquisition in October 2022...
For this task, you will be assessed on the four (4) sub-tasks:
- Background to the study, including a brief history of Tesla and Twitter and the identification of the ties binding these two companies.
- A discussion of the reasons given by Elon Musk for the acquisition of Twitter.
- An explanation for why Elon Musk withdrew his $USD44 billion bid for Twitter in July 2022 and then subsequently completed the acquisition in October 2022.
- An analysis of the strategic consequences of the acquisition for Twitter, Tesla and Elon Musk.
Sources and citations
- Acquisitions are covered in Chapter 7: Acquisition and restructuring strategies of your Hanson et al. (2022) textbook. This subject textbook must be cited at least twice.
- Students must demonstrate an engagement with the body of knowledge, demonstrated through the application of at least eight (8) peer-reviewed resources such as journal articles, books and book chapters.
- Information about Elon Musk and his relation to Tesla and Twitter, and decisions about acquiring Twitter can be sourced from valid websites, valid online magazines and valid news agencies, and these must be properly cited.
- No article can be referenced more than twice.
- The bibliography, title page and any diagrams or models are not considered within the word count for this item.
- Submissions must be formatted as follows:
- 12pt Calibri font
- 1.5 line spacing
- fully justified margins
- one full return between paragraphs.
- The submission must conform with the formatting guidelines. Marks cannot be awarded where the author's message is lost through non-compliant formatting or language.
- A well-written reference list must be provided at the end of your text using the Harvard referencing style.