Tesla Motors Annual Analysis Essay Example | Topics and Well Written Essays - 1750 words

Tesla Motors Annual Analysis - Essay Example Extraordinary events are able to affect the financial standing of any given company because they are unforeseen and unplanned expenses. Natural disasters or things outside the company’s control can cost the company without it being able to plan or cater for the expenses. In the 2013 annual report, Tesla Motors did not report any extraordinary events that affected their financial standing. However, in the notes to financial statements, the company indicated that it has subsequent events, law suits as a result of environmental liabilities and assertion of intellectual property infringement claims by third parties against them in the form of letters. This may have adverse material effects and impacts on their brand, operations, cash flows, prospects and financial standing or position.The two years presented indicates a continued growth and expansion for Tesla Motors over the period. These expansions are both globally as well as nationally as shown by the trends in the companyâ₠¬â„¢s assets and liabilities. Despite the economic hardships experienced in the past ten years, the company increase has been steady. Due to the company’s global expansion and acquisition of new-retail locations, there has been a steady increase in its assets. As the assets increases, liabilities also increase, however, the company’s assets are larger that its liabilities are hence making it to be in good financial standing. The company is therefore capable of meeting their bills and to continue in this trend.

International Human Resource Management CZ18 Essay

International Human Resource Management CZ18 - Essay Example There is a very close relationship between national culture and the human resource management as the document analyzes. The essay analyzes the impact of national cultural on the human resource management. The national culture framework by Hofstede attributes national culture to aspects such as collectiveness versus individualism, power distance, uncertainty avoidance as well as femininity versus masculinity. The national culture of various countries will handle these aspects from different points of view. These aspects entail the feelings of people and human thinking which tends to create basic problems in every society that every society is expected solve. These problems, however, manifest in varying dimensions from one country to the other. Selection, as well as recruitment, is a chief function of the human resource management. Before an organization starts the process of recruiting and selecting, it is essential for the human resource professional to carry out an analysis of that country’s national culture (Davila & Elvira 2008). If the national culture of that nation is individualistic in nature, the human resource management professionals have to develop strategies that are in line with the national culture of that country. In a nation that uses individualism, the HR professionals will have an assurance that the employees they acquire are transferable to any part of that nation as well as outside that nation. This is because these people are concentrating on their individual career only and are not expected to take care of their immediate family. However, if the cultural dimension of a particular nation is collective in nature, the HR professionals have to come up with strategies bearing in mind that the people they will attain are family conscious. This clearly shows that for the business will acquire the employees as per the culture of the respective nature. Moreover, the