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Global Business Environment: PESTLE Analysis and Porter's Five Force Model

   

Added on  2023-01-07

10 Pages2598 Words55 Views
Global Business
Environment
Assessment 2
1
Global Business Environment: PESTLE Analysis and Porter's Five Force Model_1
Table of Content
Contents
Contents...........................................................................................................................................2
INTRODUCTION...........................................................................................................................3
Main Body.......................................................................................................................................3
PESTLE analysis.............................................................................................................................3
Porter’s five force model.................................................................................................................5
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8
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Global Business Environment: PESTLE Analysis and Porter's Five Force Model_2
INTRODUCTION
In an era of globalisation, there is significant changes in business enterprise at a global
level which assist firm to grow and maximise the overall productivity (Eisler, 2016). Global
business environment is a broader term that constituent of both internal plus external factors that
influence the company in case of decision-making capabilities as well as determine the
availability of resources. When firm plan to expand globally, it increases the efficiency while
promoting culture and thus encourage a healthy competition. This report is based on Tesla which
is an electric automobile manufacturing company as it is headquartered in United States. This
company is propounded by Elon Musk in the year 2003 as it deals with several kind of
merchandise such as battery and so on. This report includes PESTLE analysis as it aids in affect
the business operations and lastly it includes Porter’s model which aids in determining the
competitive edge over a marketplace.
Main Body
PESTLE analysis
This analysis provides the framework to environmentalist to scan both internal and
external factors by determining the availability of resources so as to gain a competitive edge
within a marketplace (Halperin and et.al., 2016). This consist of several elements such as
political, economic, legal, environmental, legal and so on which provide assistance to the firm to
take decision so as to improve the overall profitability. The manager of Tesla would conduct
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Global Business Environment: PESTLE Analysis and Porter's Five Force Model_3

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