Homework: Getting to Know the Organization
Overview
Use the public company and department that you chose (Tesla). You will continue to use that company and department for each of the four homeworks in this course. In this homework, you will become familiar with the goals and statements of your chosen company, identify your chosen department, and analyze the internal factors that have an impact on the company's success.
Research the company on its own website, via the public filings in the Securities and Exchange Commission EDGAR database. The annual report will often provide insights that can help address some of these questions.
i. You may find annual reports, or Form 10-K filings.
Task
Write 5 pages report in which you do the following:
i. Provide a description of the company and its complete business vision and mission statements.
ii. Examine the business mission and vision statements of the company and identify the company's goals.
iii. Identify your chosen department and assess how you as a department manager can use the mission and vision statement to help guide your department.
iv. Identify ethical considerations and/or challenges that impact your ability as a manager to align with the company's vision and mission statements.
v. Construct an Internal Factor Evaluation (IFE) matrix (example provided below) on your chosen company, which includes three to five internal strengths and three to five internal weaknesses. Weigh and rate each item and then calculate the total weighted score. Cite your sources for each strength and weakness.
vi. Analyze the total weighted score to examine the company's strengths and weaknesses. Outline ways in which the company can expand upon its strengths and address its weaknesses.
vii. Use at least three quality references.
Internal Factor Evaluation (IFE) Matrix example.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.
The specific course learning outcome associated with this homework is:
i. Analyze an organization's management functions for strengths and weaknesses that impact the overall effectiveness.