While undertaking the research the task that will be taken into consideration by the researcher includes:
- Determination of the aims and objectives of the research
- Literature review through secondary research
- Preparation of the Gantt chart and allocation of the time limits to different activities
- Collection of data through questionnaire and interviews along with its analysis
- Reflection of the writing and recommendations to the organisation
Overview of the Research
Renewable energy is consist as an energy which is gathered through renewable resources which are naturally refill on a human time scale like wind, sunlight, rain, tides, waves and geothermal heat. The major benefit of renewable energy is that it provides energy in four different areas such as electricity generation, transportation, air or water heating/cooling and rural energy services. In this modern scenario people are very much concern about environmental safety as it is essential for each individual to live in a safe and secure environment in respect to developing the standard of living (Cooke, 2011). A good environment provides healthy living of people which create value in living long life. In the competitive business era the major purpose of each small as well as large business enterprises is to attaining higher growth and success at market place as to providing high competition to their rivals. In the modern business world organisations are widely concern on implementing resource which are beneficial in providing environmental benefits and enhance the performance of firm at market place. In today's scenario organisations are relies on oil, gas, coal for its energy and energy is essential in implementing any kind of operations within the working environment. Fossil fuels are consist as non-renewable energy which is created on finite resources which will eventually decrease and becoming to expensive and too environmentally damaging to recover. In contrast different types of renewable energy resources like as wind and solar energy are constantly refill and will never run out. Most of the renewable energy which comes from direct or indirect sources like sun. solar energy and sunlight can be utilised directly for heating and lighting homes, building and offices etc. for generating electricity or for hot water heating, solar cooling and a wide range of commercial and industrial uses. Environment can be described as the most essential element which plays effective role in providing various natural benefits to the people and this is also essential for providing healthy and good living of people at market place. Tesla, Inc. is the selected organisation for this particular research dissertation (Donateo and et.al., 2015). Tesla, Inc. is a American multinational corporation which specializes in various electric vehicles, energy storage and solar panel manufacturing based in Palo Alto, California. The major motive of firm is to attaining growth and success through offering variety of unique featured products and services at market place.
Background of the Research
In this modern and competitive business world the major motive of each organisation is to producing more environmental friendly products and services in respect to satisfying the needs and wants of people at market place (Fontaínhas, Cunha and Ferreira, 2016). Mostly large as well as small business enterprises are concern on enhancing their profitability through implementing various technologies in their business operations, this plays effective role in completion of organi9sational activities in well planned and systematic manner. Tesla, Inc. is mainly deals in automotive industry and specializes in electric cars, lithium-ion battery energy storage and residential photovoltaic panels. The company was founded in the year of 2003, by Martin Eberhard, Marc Tarpenning, Lan Eright, Elon Musk and JB Straube. The company has its business operations all over the globe, the major focused area of firm is to produce more environmental friendly products and services at market place in order to fulfilling the desires of people. In the modern era people are very much aware about the safety and security of environment as it helps in providing an effective and healthy living to people. It is essential for each business and manufacturing concern to use renewable source of energy as to providing support to environment and reduce the chance of any kind of pollution and issue. Environment safety is the prior responsibility of firm as it is essential for an organisation to use source which are environmental friendly in nature.
Significance of the Research
The major purpose of research is to developing the knowledge and skills of people in the area of renewal source of energy in present business environment. The essential reason for conducting the research is to overcome with the issue of the research is effective manner. It is essential for each individual to having an appropriate knowledge about the core benefits of environment and measures which are adopted by organisations as to enhancing their performance and productivity at market place. Renewable resources are considered as the most essential element which provides various benefits to the firm or its operations in effective manner. Renewable resources are needs to be used by each organisation as to making their manufacturing operations more effective and efficient in nature (Serban, Xantrex Technology Inc, 2012). Technologies are effective in utilising the forces of doing work as to supply human needs but the attention swung away from renewable source as the industrial alteration progressed on the basis of the accumulated energy locked up in fossil fuels. This was combined through the enhancing use of reticulated electricity which is based on fossil fuels and the significance of portable high density energy sources for transport the area of oil. Tesla, Inc. is a popular American multinational corporation which specializes in electric vehicle, energy storage and solar panel manufacturing company.
Research point can be considered as a general proclamation which concerning the general objectives, expectation and finishes of the examination. This is a most vital piece of any exploration program since this activity gives guidance to examination exercises and point of present research is “To identify the emphasis of renewal source of energy in present business environment”. A case study on Tesla. This comprise as a foreordained explanation on which the entire movement of research depends on. This is the most fundamental progress of any examination in light of the fact that the total research work relies upon the focuses and focuses on that are “made by the researcher with a particular ultimate objective to do the activities of research a right way (Armaroli and Balzani, 2016). These are predestined parts which are ought to be made before start up a reasonable research work.
This is likewise a fundamental piece of research program since examine destinations are appropriation of examination point in little errand and objectives with the goal that all target could get achieve in constrained time-frame. This segment of research helps the scientist in advancing towards right heading based on indicated issue of the exploration. The real reason for leading an examination is to overcome with the issue of the exploration in compelling way. This can be assessed as little explanation in which investigates issues characterized in fitting way. The basic targets of this specific research are depicted as under:
- To analyse the major significance of renewable source of energy on environment.
- To ascertain the impact of renewable source of energy on organisational practices.
- To determine various approaches through which sustainability of a business could be enhanced.
- To evaluate various sustainable practices which are adopted by Tesla as to developing their business operations.
- To recommend various ways by which Tesla attain higher growth and success at market place.
This segment of research assumes successful part in breaking down the exploration exercises in powerful way (Abdelkafi, Makhotin and Posselt, 2013). This piece of research is interlined with the destinations of the exploration as it viable in streamlining the examination venture through looking at the feeling of different writers and essayists. This piece of research is for the most part powerful in leading the area of writing audit as it enables the scientist in giving a hypothetical structure keeping in mind the end goal to collecting proper result for the exploration to work. Some critical inquiries which are connected with the examination issue are depicted as underneath:
- What are the major significance of renewable source of energy on ecological system?
- What are the impact of renewable source of energy on organisational practices?
- What are the essential approaches through which sustainability of a business could be enhanced?
- How to evaluate various sustainable practices which are adopted by Tesla as to developing their business operations?
- What are the ways by which Tesla attain higher growth and success at market place?
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