Business Functions Analysis for Tesla: A Comprehensive Report

This report provides a detailed analysis of the business functions within Tesla, examining the roles of marketing, finance, operations/production, and human resources. It highlights the importance of each function in achieving organizational goals and objectives. The report emphasizes the interdependencies between departments, such as manufacturing, marketing, finance, and IT, and stresses the need for effective coordination and transparency to ensure smooth operations and overall business success. The conclusion reinforces the significance of departmental collaboration for achieving defined targets. References to academic sources support the analysis. This report is available on Desklib, a platform offering students access to past papers and solved assignments.

Business report

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK...............................................................................................................................................3
1 Roles of business functions......................................................................................................3
2 Importance of all business departments working together- ....................................................4
CONCLUSION ...............................................................................................................................4
REFERENCES................................................................................................................................5

INTRODUCTION
Business is an organisation that is engaged in various activities such as
commercial,industrial, and professional. It can be conduct for the profit or some charitable
mission or for the social cause. In this report the chosen organisation is Tesla which is founded in
the 2003 and headquarter in United State. In this report all functions of business that plays very
important role in success are covered and it is very important for the management to make
coordination between all activities for smooth functioning.
TASK
1 Roles of business functions
Business functions are referred all those activities that are carried by Tesla to accomplish
all decided goals and objectives within defined time period. It is divided into the core as well as
support functions of organisation(Ames,2019). There are various functions that plays important
role to carry business in right manner are discussed below:
Role of marketing- Marketing plays very important role to promote Tesla. It is basically
about the analysis of needs and wants of respective customers and promote buying and selling
activities of products and services. It includes advertisements, promotions, selling and deliver
products to customers and satisfy them with services.
Roles of finance- Finance function is referred to plan, design, organise and manage all
financial funds of organisation. Tesla have to decide their short term and long term finance
objectives(Mendling,2018). Finance is important to carry of organisational activities in smooth
manner within defined time period.
Roles of operation / production- Operation or production is relates activities to convert
input or raw materials into finished goods. Operation is consider as a heart Tesla that provides
quality and quantity goods and services to customers in order to satisfy their needs and
demands(Bashir, and Verma, 2019).
Roles of human resource- Effective human resource is very important for the success of
Tesla. Human resource department facilitate business by managing their valuable assets, their
employees in effective manner. It manages all employees with organisation, provide them proper
training regarding work and ensure their safety at workplace.

2 Importance of all business departments working together-
In Tesla various departments are working their roles such as manufacturing, marketing,
finance, and information technology department. They all depends on each others to complete
their task in effective manner(Faber, 2018). Finance department manages finance for all
department, HR department recruit employees to ensure smooth production, so all activities are
interrelated. Tesla should conduct all functions together and maintain transparency, so managers
can control them effectively. In an organisation all departments are working to achieve same
objectives, although they have their separate department goads and objectives. Main objective of
organisation is achieved when all departments work with grate coordination(Holland, 2018). It is
very important for business to make connections between all departments to complete sane goals.
CONCLUSION
As per the report, it can be concluded that in an organisation conduct various activities
such as marketing, production and finance that facilitates business to achieve defined goals and
objectives. It is very important to make coordination in all respective department to achieve all
goals and objectives.

REFERENCES
Books and Journals
Ames, A. D., and et. al.,2019, June. Control barrier functions: Theory and applications. In 2019
18th European Control Conference (ECC) (pp. 3420-3431). IEEE.
Bashir, M. and Verma, R., 2019. Internal factors & consequences of business model
innovation. Management Decision.
Faber, A., AND ET. AL., 2018. Modeling and visualizing smart city mobility business
ecosystems: insights from a case study. Information. 9(11).p.270.
Holland, J. M., AND ET. AL., 2018. The Unfinished Business in Bereavement Scale (UBBS):
development and psychometric evaluation. Death studies.
Mendling, J., and et. al.,2018. Blockchains for business process management-challenges and
opportunities. ACM Transactions on Management Information Systems (TMIS). 9(1).
pp.1-16.
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