Assignment on Doing Business in Europe

Doing Business in Europe

Table of Contents

INTRODUCTION
While any organisation enters in the new market then it is very important to analyse and
assess several factors and element that can affect business operation and functions. The current
project provides the detail knowledge and understanding about the factors that affect business
operation in the European union. In addition to this, various advantages and challenges within
the European union has been also discussed in this report.
MAIN BODY
Justification
Tesla Inc is an American multinational organization that works in electric vehicle, vitality
stockpiling and sun powered board fabricating situated in Palo Alto California. It is established
in 2003 and represents considerable authority in electric autos, lithium particle battery vitality
stockpiling and private photovoltaic boards.
The organization has fundamental plan to extend its business everywhere throughout the world
and turn into the main car organization on the planet. It dreams is to acquire most extreme
productivity and piece of the pie in the aggressive business condition by conveying high caliber
of item and administrations to its clients. (Leitner, Meissner and Martyna-David, 2015.) Tesla
Inc have chosen the European Union for its assembling plant in future since it is the biggest
universal single market on the planet which prompted more prominent rivalry in administrations
and is useful for business and clients .
The major reason for selecting this European market because it helps to business
enterprise in reducing business and operational costs and has greater business efficiency. In this
market, there are clear and more impressive legislations and regulations that help company in
carrying out its business activities and functions in more secure and safe manner. Furthermore,
there is an elimination of anti competitive practices such as monopolies and cartels.
Institutional and policy challenge
Following are major institutional and policy challenges that may affect the operation and
working of Tesla Company in the EU market-
Ongoing economic difficulties-In 2008-2009, global recessions and euro zone debt crisis
influence European economies (Kernbach, Eppler and Bresciani, 2015). Due to this global
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