Question

In: Operations Management

What are Tesla's principal STAKEHOLDER groups? Include CUSTOMERS and other groups most affected by the organization's...

What are Tesla's principal STAKEHOLDER groups? Include CUSTOMERS and other groups most affected by the organization's services, actions, and success.

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Expert Solution

Tesla is a growing and developing economy that produces electric vehicles using sustainable means. It also uses renewable sources of energy to avoid any negative impact on the environment and useless exploitation of the resources. The company has stakes for many companies. Some of the companies are Baillie Glafford & co, Capital Research & Management co. And many more companies. The communities, and companies, along with the customers, have high stakes in the company. The employees are also the major stakeholders of the company. The bonding between the company and the stakeholders focuses on social responsibility and corporate citizenship in the business environment. The company's processes also impact the stakeholders through the nature and design of the sustainable development processes. The processes reduces the impact of the processes on the environment and ecological developments. The customers also observe an effect due to the processes because the customers have high expectations from the companies. The consumers have helped the company to increase its sales and subsequent gains. Hence, the company also affects the stakeholders, and the stakeholders also affect the company and its operations. Hence, it is evident that the company has stakeholders who affect its operations and sales. The company also has a negative or positive impact on the stakeholders and society.


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