The Global Business Environment

THE GLOBAL BUSINESS
ENVIRONMENT

Table of Contents
INTRODUCTION ..........................................................................................................................4
MAIN BODY ..................................................................................................................................4
Critically analyse the changes that company have made in the last few months in light of the
COVID 19 Pandemic..................................................................................................................4
Sustainable changes after COVID -19:.......................................................................................6
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
Books and Journal.....................................................................................................................10

INTRODUCTION
Market is wider and broader in which wide range of enterprises exist. In business sector,
it is essential to focus on business environment so that goal as well as objectives are achieved in
proper manner. Global environment is to be defined as environment in foreign countries which
impact upon environment of home country. Main aim of this report is to understand the
importance of global business environment in contemporary businesses. Tesla, an electrical
vehicle firm headquartered in U.S. Firm has wide range of products such as electric cars,
battery energy storage etc. It has many competitors such as Toyota, MG Hector, Kias, and many
more. This report comprises of recent changes made by organisation in in pandemic situation and
PESTEL analysis with arguments of sustainable changes.
MAIN BODY
Critically analyse the changes that company have made in the last few months in light of the
COVID 19 Pandemic.
COVID 19 situation has changed the business sector at wider scale. Many organisation
have taken measures and implemented changes within their functions and operations deal with
this situation. There are many businesses have changed their overall organisational structure to
get protected from such uncertain situations. It is crucial to be aware about market analysis so
that decisions are taken accordingly(Tallman, Luo and Buckley, 2018). Moreover,it is analysed
that it is crucial to have appropriate market information to deal with such situations. Tesla which
is an American based electric vehicle company has also affected by this pandemic situation at
larger scale. Many new strategies and tactics have been implemented within business sector.
Also, these are adopted with proper considerations so that better results are achieved.
There are various changes that have been made by Tesla & are mentioned below-
Minimum basic operation's- Tesla has its plants and operation base in many
countries. Due to this ongoing pandemic situation, they will run minimum basic operations and
wages will be given to all employees during this suspension period. For example- they are
developing their electric cars with minimum requirements. With their minimum basic operations,
they will protect their employees and their family members from COVID 19.
More new electric vehicles to safeguard environment- Environment has been
impacted by pandemic situation at wider approach. To protect environment from pollution,