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Essay Available:
Pages:
6 pages/≈1650 words
Sources:
10 Sources
Style:
Other
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
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MS Word
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Topic:

Internal Environment Analysis Of Tesla Inc: The Major Functional Areas

Essay Instructions:

This is the request of the professor. The company I selected was Tesla. I wrote it basically according to the structure that the professor said. I will have a sample post for uploading the file and an external analysis that I need to write about the content of the conclusion. The style that I wrote before is almost not to be seen by the professor. Thank you very much! The 6-page order is 6 pages of paper, not including the last citation link. The link is pasted directly to the end. References do not have specific requirements but do not refer to the format of my previous article throughout:)：
So here is what you need to do.

1. Company overview is not necessary this time. You can leave it out.

2. List and describe the major functional areas of your company; Raw Materials, R&D, Production/Manufacturing, Distribution, Sales etc. (Primary areas). Again for some of you, raw materials will be kind of short. (example: iPhones use electronic parts, plastics, rubber etc. Can be sourced from many places. For production, some of you have internet companies, so you are providing a service or offering. That service has to be created by either programmers or solution experts. R&D may be doing more analysis of how to bring the components of a service offering together. )

3. Don't forget the support areas as well. HR, IT, Exec Mgmt. Legal, Procurement Finance, Accounting etc.

4. For each functional area please give a description of the major processes that occur in each keeping in mind the 4 building blocks of competitive advantage where they may apply, Superior efficiency, superior quality, superior customer service, and superior innovation. Not all 4 will apply in each category, the goal here is to use these building blocks, and key tangible/intangible resources to flush out issues relating to;

Essay Sample Content Preview:
Internal Environment Analysis of Tesla Inc. List and describe the major functional areas of your company Primary Areas Raw Materials For a company like Tesla Motors, the manufacturing process typically makes use of hundreds if not thousands of outsourced parts. According to Tesla Motors (2015), “the Model S uses over 3,000 purchased parts which we source globally from over 350 suppliers, the majority of whom are currently our single source supplier for these components.” Like any international organization, Tesla has had to work on its reputation while building relationships with suppliers all over the world. The norm by a majority of automobile manufacturers is to acquire the raw materials from multiple sources while looking for the best prices or the right kind of materials. For a company in the process of making or leaving a mark in the world, Tesla is indeed pushed towards perfection and always aims at maintaining its trajectory. Tesla Motors (2015) notes that the company makes use of a variety of raw materials “including aluminum, steel, cobalt, nickel, and copper.” As is always the case in any market in the world, “the prices for these raw materials fluctuate depending on market conditions and global demand for these materials.” Therefore, the company could be asked to pay more if the demand for these raw materials is high and vice versa. Every company has its manufacturing and supply requirements, and these often go hand in hand with the availability of raw materials. Therefore, the company always runs the risk of not meeting their set objectives. However, with careful planning and execution of the same plans, it has also become incredibly possible for the organization to not only surpass expectations but also venture into newer and greener zones of growth. Research and Development For a company which looks towards setting the stage and pace for other companies, Tesla is indeed well-invested in its research and development field. According to Ross (2014), the company used or spent $81.5 million “on research and development in the first quarter” of 2014, and this accounted for “about half again as much as in the same period last year (2013).” Ross continues to explain that this amount of cash was “a little over half the company’s $50 million operating loss.” However, while one would be alarmed at the amount of money Tesla is spending on its research and development branch, it is fair to recognize that it does cost more “to make expensive technology cheap” (Ross, 2014). For a company which is aiming to make revolutionary contributions to the motor industry, Tesla is indeed spending a lot of money to make its technology accessible and readily available for the common citizen. For example, the company announced that its Model X will retail for $30,000 which would be a “$40,000 to $50,000 reduction from its Model S.” The company aimed to maintain the same technology for both models while working to reduce the cost incurred. The image below from statista.com helps to paint a clear picture of how much Tesla has been spending on its research and development as it seeks to continue revolutionizing the motor industry. According to Ross (2014), motor companies spend between $1 billion to $3 billion in d...
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