P4 Apply various models, theories and concepts in an organisation
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Added on 2021-02-19
P4 Apply various models, theories and concepts in an organisation
Added on 2021-02-19
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Business Strategy
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1 Apply appropriate model to analyse the impact and influence of macro environment on agiven organisation and its strategies.......................................................................................3TASK 2............................................................................................................................................5P2 Analyse the internal capabilities and environment by using appropriate frameworks.....5TASK 3............................................................................................................................................8P3 Application of Porter’s Five Force model for examining the competitive forces oforganisation............................................................................................................................8TASK 4............................................................................................................................................9P4 Apply various models, theories and concepts in an organisation.....................................9CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
INTRODUCTIONBusiness strategy is the combination of various decisions taken by higher authorities andactions performed by them for accomplish the organisational task and objectives effectively. Itsmajor aim is to catch attention of huge number of customers towards their company forachieving the goals within the given time period. With the help of effective business strategy,company can gain competitive advantages at the marketplace. In the present report, Tesla ischosen as the base company (Brewster, 2017). Tesla was founded in the year 2003 and is anAmerican automotive company based in California. Company is specialise in manufacturingelectric car. Under this report various topics have been covered, where PESTLE analysis is donein order to examine external factors which influence the working of company. On the other hand,SWOT analysis with VRIO model have been discussed to examine the internal abilities ofchosen organization. In addition to this, Porter Five Force model analysis is discussed in order tomeasure the competitive analysis. At last, Ansoff matrix is discussed in this present report. TASK 1P1 Apply appropriate model to analyse the impact and influence of macro environment on agiven organisation and its strategiesMacro environment plays a crucial and important role in assessing and analysingcompetitor's behaviour in local as well as global market. In reference to TESLA, the marketingmanager as well company board of directors emphasis on PESTEL tool for assessment. PESTEL AnalysisThis analysis is a vital analytical tool used for assessing external environment as wellcompetitor behaviour towards the rapid change in market with reference to sustainability. ThePESTEL is elaborated as political, economical, social, technological, environmental and legal.The TESLA managers, uses PESTEL analysis for running the successful business in a systematicmanner. These factors are briefly described below:Political:This factor indicates the direct and indirect influence of ruling government inthe business or company. The ruling bodies of the nations, plays a major role in market share ofthe company in national or international boundaries (Cavusgil and et. al., 2014). Some of thefactors of the political factors are anti trust law with reference to manufacturing, trade and tariff,level of corruption with consumer goods, mandatory employee benefits. The laws is framed by
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