BMP3002: Analyzing Tesla's External and Internal Environment

This project analyzes the internal and external factors affecting Tesla, a prominent electric vehicle and clean energy company. It examines the impact of legal frameworks, economic conditions, and technological advancements on the business. The project delves into internal aspects like leadership and employee contributions, highlighting their roles in achieving organizational objectives. The analysis includes a discussion of how Tesla impacts its external environment, providing a comprehensive understanding of the company's operational context. The project concludes by emphasizing the importance of managing these factors for business success and includes references to support the analysis. This assignment is a project completed for the Business in Practice module.

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The internal and external factors of the business have
both indirect and direct impact over the working
credibility and performance of business. The poster
below is based on Tesla that is an American electric
vehicle and a clean energy company with having
products as cars, battery, energy storage from home to
grid and many others as well. The poster provides
information about the impact of internal and external
factors over business.
The external environment has direct impact over working
performance of business such as:
Economic condition: The Company require following
employment rate and trends and providing adequate wages
to their employees.
Technological advancement: It is relative to improvisation
of profitability as by making effectual utilisation of
resource and reduction of wastage.
CONCLUSION
It is analysed from above that internal as well as
external factors are essential prospect for business to
consider and with this it is required to measure. For this
management develop adequate strategy to control the
impact of that factor over working credibility of business.
External factors are resulted to those aspects that affect
the working culture from outside the business and as
describe below as:
Legal: It is a legal framework that has to be followed by
organisation in order to process working under guideline
issued by government.
Technological: It comprise of respective innovation that
is perceived in business environment and with cause of it
is essential for company to induce technological
advancement in business so that optimised outcome is
attained
Tesla and its environment
Introduction External Environment
Internal factor reflect the basis that has resulted
within an organisation and processed as per daily
working standards and as describe below as:
Leadership: It is a speciality of employees those have
influenced others to perform their task with better
efficiency.
Employees: It include different individual those have
performed different operation and function as per
suitability of skills and experience and have played
major role in accomplishment of standardised objective
in timely constrained.
REFERENCES
Ayios, A., 2018. Trust and Western-Russian business
relationships. Routledge.
Buytendijk, F., Hatch, T. and Micheli, P., 2010. Scenario-
based strategy maps. Business Horizons. 53(4). pp.335-
347.
Hopkins, B.R., 2011. The law of tax-exempt
organizations(Vol. 5). John Wiley & Sons.
How the company impact its
context External Environment
Internal Environment
Reference