Contemporary Developments in Business and Management Assessment

Contemporary Developments
in Business and Management
Assessment
1

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
TASK 1........................................................................................................................................3
TASK 2........................................................................................................................................6
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................13
2

INTRODUCTION
Tesla motors is the company which has been founded in years 2003 with intended to
makes the electric car which has been surpassed with current gasoline’s powered cars which is
working more in style a performance for development of major level of sustainable energy
development. The company have the various level of environment which is directly or indirectly
impact the business with view of developing the various level of growth and strategy. The
company have tended to makes the various levels of initiatives in way of providing the level of
stability by reduction emission level along with development of advanced technology.
Management information system helps the Tesla motors to take appropriate action for the
expansion of their business in global market. Company analyse the current scenario of the
market and gather the relevant information which help them to make new decisions and policies.
Report discusses the impact of the MIS on the Tesla motors. Further it has some
recommendations for the betterment of company. It consists how they can improve in the
production and manufacturing ways.
MAIN BODY
Tesla motors is the company which has been founded in years 2003 with the important
mission to have acceleration the word to more level of transitions with ore uses of sustainable
energy development. The company has been intended to makes the electric car which has been
surpassed with current gasolines powered cars which is working more in style a performance for
development of major level of sustainable energy development. The company have actually
experienced the level of abundant growth and success with starting year of development with its
major realise of the Tesla roadster. The company has been fuel by electricity and have major
requirement of high investment (Reinhardt and et.al 2017). The company has been refined itself
as the one of developed automotive industry which is being recently overtaken by geranial
motors by the way of market capitalization as most valuable car manufactures of United States of
America.
TASK 1
PESTLE ANALSYIS
3

Political factor the company has been identified as the one of most successive automotive
industry as the factor of development and prosperity. The government has taken various level of
initiatives in way of providing the level of stability by reduction emission level along with
development of advanced technology. Tesla motors has been granted as the federals level of
bank loans and tax rebate in order to have support the heavy level of investment required in
major research and development as well as production (Rothaermel, 2017). On the further level,
the government has tries to make the several level of development of electrics which is being
produced but company by way of heavy promotion and advertising which directly and indirectly
impacts Tesla in more effective and efferent level.
Economic factor the increased level of economy development has led to make the mote
purchasing of Tesla motors. The sales of electric cars in global economy has made the level of
development as it has increased the growth by 3.78% in year 2017 (Birk, 2015). The company
have increased level of sales in many more constants such as Asia and Europe to more of electric
development the sales of electric cars which has been jumped over the 30% in between 2016 and
2017. As for the automotive industry itself, “worldwide sales reached a record 88 million autos
in 2016, up 4.8 percent from a year earlier, and profit margins for suppliers and auto makers...
are at a 10-year high” The prices of materials is casually have the major declinations for Tesla as
particularly the lowering cost of battery which increasing a better level of impacts to become the
public lowering the prices to have drop. As Tesla has recognized, and will continue to recognize,
it will be difficult to earn returns on the capital vested into research and development.
Social factor people have love the idea of electric cars especially one who has the eco
friendliness in their mind. The electric helps in eliminating the need of much fuel as the same in
case of traditional vehicles. The traditional car tends to be more hasher as compare to electric
car. The company has been considered as more environmental stable as few levels of cars has
beat the economy with their power and luxury as same as Tesla does. The company has done the
amazing job in order to main stage of there place in the mind of potential customer as there
electric car development in more respective way of development.
4