Business Strategy - Tesla Assignment
Added on 2021-02-19
15 Pages4042 Words25 Views
Business strategy
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1 ..................................................................................................................................1P1 Impact and influence of macro environment on organizations and its strategies.............1P2 Internal environment and capabilities of organization by using appropriate frame works3TASK 2 ...........................................................................................................................................5P3. Porter five force model to evaluate the competitive forces of a given market. ..............5P4. Range of theory concepts and models, interpret and devise strategic planning for a givenorganisation. ..........................................................................................................................6CONCLUSION .............................................................................................................................10REFERENCES..............................................................................................................................11
INTRODUCTIONBusiness strategy is defined as set of decisions which are taken by organizations toaccomplish long term and short term goals. It is used as master plan in companies, to securedesired position in competitive market. Strategies are framed by the top management to achieveorganizational objective, it is a framework which is designed after analysing the internal andexternal environmen(Yuliansyah, Gurd and Mohamed, 2017). Tesla is chosen as businessorganization in this report, it is a automotive energy storage which builds all electric vehicles.This company was founded by a group of managers in 2003 headquartered in California, U.S.They want to prove that gasoline cars are not better and quicker than electric cars. So theyintroduced electronic infinitely scalable clean energy generation and storage products. Here, thisreport will cover the influence of macro and micro environment with the help of pestle and swotanalysis, porter's five force model will also be defined to evaluate the competitive forces oforganizations. TASK 1 P1 Impact and influence of macro environment on organizations and its strategiesBusiness strategies are formulated after analysing macro environment. These strategiesare important to design long term and short term plan for smooth functioning of an organization.Macro environment is defined as external environment which influences businessstrategies(Torrent-Sellens, 2015). This environment is consist with six component such aspolitical, economic, socio, technical, environmental and legal factors. The decisions of Teslacompany are also influenced by macro surroundings. So to monitor the impact, companies canuse PESTLE analysis. PESTLE analysis Political factor: It define government interventions in the economy such as tax policy,labour law, environmental law, trade restrictions and political stability which affect businessorganization. Positive impact: Tesla is positively influenced by political stability of government by notmaking changes in regulations every year which helps the organization in enhancementof growth opportunities and the government also granted loan of approx $465, this1
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