Business Environment Assignment 2022

THE BUSINESS ENVIROMENT
STUDENT DETAILS

Business Environment 1
Executive Summary
This assignment will be focus on the company “Tesla”. This is the American
automotive and energy company which manufacture electric cars. In this report, discussion
will be made regarding the micro environment factors and the impact of those factors on the
performance of the business. The targeted audience of the company includes those people
who desires to protect the environment by using the electric vehicle. The major opportunity
for the company is that the governments of the countries are concern about the environment
protection from the harmful gases. Thus, it has been concluded that the production of electric
car is the vast opportunity for the Tesla from the long term prospective.

Business Environment 2
Table of Contents
Introduction................................................................................................................................3
Identification and analysis of microenvironmental factors........................................................4
Impact of microenvironment factors on the company...............................................................6
Challenges and solutions for the company.................................................................................8
Conclusion................................................................................................................................10
References................................................................................................................................11

Business Environment 3
Introduction
The micro environment in the business includes all those internal factors which affect
the business functioning, decisions and strategies during the period (Solomon, Dahl, White,
Zaichkowskv & Polegato, 2014). Selected company for this assignment is "Tesla'. The
company makes electric cars through solar city and solar panel. Headquarter of the company
is situated in California. In this assignment, there will be a discussion about consumer
behaviour, competitor analysis, suppliers, etc. Apart from this their impact on business
performance, policies, structure, profitability, value-adding attributes, market share, etc. will
be discussed. In the end, recommendations or solution will be made.