Corporate Governance Management Research Paper Essay (Research Paper Sample)
Corporate governance structure of tesla. strategic management
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Strategic Management
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Strategic Management
Introduction
Strategic management is referred to as managing the resources in an organization (Hanson, Hitt, Ireland and Hoskisson, 2016). Strategic management aims to maximize benefits and achieve the goals and objectives of a company (Hill and Jones, 2016). Strategic management also helps in analyzing the competitive market and using resources in such a way that the company reaches its objectives.
Background and Governance Structure
Founded by Martin Eberhard and Marc Tarpenning (Voigt, Buliga and Michl, 2017), Tesla is one of the world's most innovative automobile companies. It is named after the inventor Nikola Tesla, who was well-reputed for his work in the electromagnetic fields in rotation (Tucker, 2020).
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