Tesla Company Auditing

Tesla is one of the organizations that apply technology to develop a motor vehicle based on the environmental principle of conservation. Tesla provides clean environment ideas that support the development of clean air and reduce the air population. Based on the Principles of Audit, Tesla has been critically improving the innovating its products to give the world a new look of usability kit. Also, it has been creating a unique market niche that improves rapidly and provides new ideas for customer needs. It is a globalization-supporting organization that has entered the green economy and supports the reduction of the decline of natural resources. Tesla company researches and develops the automobile industry diversely and critically. It differentiates its automobile products from its competitors.

In such a case, it is essential to notice how the best company is doing to achieve international standards of commodification. However, Tesla provides background technology for other organizations to observe and improve the world. Tesla focuses on the economic usability of resources and retains the potential market by improvising new factors to support its growth and innovation elements for energy and transport worldwide. It is a company that drives sustainable development goals for society and communities because its products are affordable and quality. It prevails equality by ensuring the availability of the automobile in the market that every human can afford and use easily (Lamb, 2019). It provides socio-classless products to its customers and makes the globe a place of commonness and equal opportunity in owning an automobile.

There are some factors that Tesla company applies to its development and innovation to make it shine in its niche. These factors have supported the fast growth of its global marketplace and international reputation for its products. They include fitness, exceptional development, integrity, and hard work. Tesla’s organization focuses on electric car production, which ensures its competitiveness in the current market. It applies unique technology for productivity and ownership distribution. The low cost of car ownership has made it the market leader globally in the same product. The low-cost ownership is a factor that supports its niche and expands its new entrants to the market (Lamb, 2019). Tesla has integrity in its practice that guides it to an unconventional way of performing its business. This organization observes the Supplier's Code of Conduct based on human rights and requires materials policies that ensure social and ethical conduct and environmental responsibility.

The company in the forefront of innovation and standardizing the energy and transport sector worldwide. Tesla anticipates that every supplier should follow stricter standards based on applicable general laws, regulations, and codes of conduct. The business practices consistently operate under codes of conduct that maintain a long-term relationship with existing suppliers. Tesla has an exceptional supply chain that maintains accurate and up-to-date records according to compliance with laws and regulations for internal procedures and policies that promptly guide innovation (Lamb, 2019). In this case, Tesla’s business practice operates under a new environment view that focuses on minimizing the exploitation of natural resources based on international and local compliance policies and laws. Its productivity is high due to increased turnover and maximized overtime rewards of human power. It protects the workers through international and national labor laws and policies (Lamb, 2019). Therefore, the company observes several elements to achieve its sustainable social, economic, and political goals. It supports a larger global society economically and socially.