Introduction Tesla Inc. was founded in 2003 by two engineers, Marc Tarpenning and Martin Eberhard, as an energy, automotive, and lifestyle company. It was formerly known as Tesla Motors Inc. Tesla operates on a “Direct-to-Consumer (D2C) business model”, selling its products directly to the consumers and cutting out dealerships. The first product of Tesla was the high-performing electric sports car named Tesla Roadster, which was a luxury car and relatively

The concept of Loyalty reflects a person’s devotion and positive sentiments towards a person, duty, or organization. As an employee of an international firm, my first priority should be devotion to the belief that the success of my organization will eventually lead to the success of my career. This thought compels me to be loyal to my organization, which will eventually boost my professional career. Suppose the organization is working

Opportunity Analysis Introduction The world has seen a major shift in the business environment due to COVID-19, along with the new digital technologies and the globalization effect that have already brought many challenges for firms to compete in the dynamic environment of the 21st century. On the one hand, the pandemic has shown the fragility of businesses worldwide to deal with sudden disasters and crises, while on the other hand,

Multichannel marketing is the method of applying offline and online marketing communications channels in order to aim and target your customers with your products. The main and primary determination of a multi-channel marketing plan is to design an action plan and tactics to use the resources that are required to accomplish the sales targets of the business. In a huge competition to succeed in the Omni-channel retail industry, the sports

Do you think that customers are impressed with the effort that Gap has made to respond to the need to have more worker-friendly suppliers? Explain your answer. No doubt, Gap extensively made changes in their work environment to improve and correct the relationship with the suppliers. Therefore, I believe that these efforts are very impressive with regard to customer satisfaction. When the company identified that its suppliers were not adhering

Introduction The idea of entrepreneurship has gained tremendous attention in recent decades, especially with the advent of new technologies, which have created room not only for new startups but also for existing businesses to innovate them (Agarwal and Braguinsky, 2014). In this regard, successful businessmen and entrepreneurs can provide the necessary insights for developing and growing a new business. Therefore, the following report summarizes the interview that I conducted to

Introduction Performance Management is a highly new idea in control. This applies first to the personal sector and then to the public sector. Performance management defines the goals of the business enterprise, the consequences needed to gain one’s dreams, how powerful they are, and the drive to attain them (Wills, 2004). In short, dedication is not always the same as attaining goals. It assists them in remembering the fact that

Executive Summary Organizing events seems like a daunting task, as the late ’90s concept, which grabbed the attention of the World, was a key element needed to manage any type of event. Regardless of the type and size of the event, the mental and physical hard work is done only slightly differently. Formula 1 racing is recognized as the pinnacle of motorsport across the globe. It attracted large audiences, international

Introduction In the global marketplace, businesses face many external threats that negatively affect their growth and sustainability due to the growing number of catastrophic crises and disease eruptions all over the world. Therefore, many conceptual models and theories have been developed to build an effective and sustainable model for enterprises to manage their active and effective response to these disasters and crises. COVID-19, which has been proven to be one

1 Introduction During the last couple of decades, there has been a histrionic increase in credit in the UK and other European states. In fact, the need for credit is unquestionable in the modern consumer-based society. More and more companies and households are dependent upon credit to undertake their daily transactions, so the importance of credit in society has expanded to unmeasurable extents. The credit products available in the market

Executive Summary In this study, strategic analysis is done on Marks and Spencer. The internal and external evaluation of Marks and Spencer is discussed in the study. It is essential to study the internal and external environment in order to achieve a competitive advantage. Marks & Spencer is one of the largest retail chains in the UK, having prominence and fame all over the industry. The internal evaluation of the

The idea of capitalism represents and enlightens the perspective of freedom as well as equality. Normally, most adults, whether rich or poor, are protected and spend their lives under the same rules and legislation (Scheuerman). However, the possible presence of power and wealth in society leads to the nurture of capitalism. The nurture of capitalism is observed to lead towards economic inequality along with equality under the shelter of law.

The young generation in developed countries often faces difficulty in completing their education as they don’t have enough expenses. Moreover, students or individuals with lesser pay scales are unable to take potential loans to solve their issues. Based on this perspective, developed countries like the United States should focus more on income-based loans as they are useful for different classes of society. Income-based loans refer to personal loans targeting borrowers

Executive Summary In financial statement analysis, the current ratio helps to understand the ability of a firm to pay its short-term debts. A higher level of current ratio shows that the company has a sufficient amount of present assets, for example, receivables, cash, and inventory, to pay its current liabilities (Joshi & Ramapati, 2020). The quick ratio is sometimes called as the acid ratio, it is the amount of cash

Executive Summary An external environment is composed of factors or forces present outside the organization which affect the overall operation of the business (Janet, 2013). Based on the external influences, the business/industry should keep itself updated so that the flow of operations remains effective. The external environment is assessed with the help of macro and micro environmental factors (Ramachandran, 2000). Transport services connect people with different aspects of their lives,

Technological development has led to innovative changes in society, which has helped individuals as well as businesses in different operations. Augmented reality is one such technological development. Augmented reality is termed as the technology which helps blend real life and the technological world with the help of interactive digital elements such as sensory projections (Brito & Stoyanova, 2017). The interactive digital elements are blended into the real-world environment to assist

Ethics in business is highly important; it can retain loyal customers of the brand for a long time. However, some sales managers are targeting uninformed consumers to achieve their monthly or quarterly targets. This practice is usually for the future of a business, and they will lose their potential customers in the long run. This action is against virtue ethics, which refers to the honesty and morality of a person.

Company Overview Extra Space Storage Incorporation was founded in 1977 in Utah, USA, by its founder, Kenneth Woolley. It is a public limited company listed with NYSE as EXR. The company is dealing in real estate business. Extra Space Storage is ranked as the second-largest real estate company in the USA and is a self-managed and self-administered real estate investment trust (REIT). The company is highly profitable and rapidly growing

A wide range of different practices is covered by the expression “organ trade”. The majority of the people associated with it postulate that it is a situation in which an individual who needs a kidney purchases it from another who needs money in return (Ambagtsheer& Weimar, 2016). But in reality, there are many other possibilities that exist, for instance, a situation in which an individual pays now to others for

Executive Summary In this research project, we comprehensively examine the strategic plan of a company named Adidas. Adidas is a German multinational business corporation, founded by Adolf Dessler in 1924, that deals with sports products and sports accessories, especially manufacturing sports shoes. Some key products of the company include clothing-related goods, eyewear, bags, bottles, watches, footballs, and shirts. The company is recognized as a leader of the global sports industry,