KFD 2123

PRINCIPLES OF MANAGEMENT
DIPLOMA OF ISLAMIC BANKING/ISLAMIC FINANCE/DAKWAH
MANAGEMENT
SESSION DECEMBER 2023 – MARCH 2024

INDIVIDUAL ASSIGNMENT (20 MARKS)

QUESTION: Choose one established company and identify five potential stakeholders
of that company. Then, discuss particular interests or concerns that these stakeholders
might have.

Important notes:
1) Students are not allowed to imitate the work of other friends.
2) Format: Microsoft word, Font 12, spacing 1.5.
3) Please insert your references at the end of your text based on APA Style.
3) Your answer should be 250 to 300 words.

IMPORTANT DATES:
Num Description Date of submission
1 1st Draft (Title and 09 December 2023 (Week 1)
idea)
2 Completed assignment 23 December 2023 (Week 3)

MARKING CRITERIA: Please refer to the rubric given.

 PRINCIPLES OF MANAGEMENT

KFD 2123

INDIVIDUAL ASSIGNMENT (20 MARKS)

COURSE :

DIPLOMA OF DAKWAH MANAGEMENT

LECTURER :

PUAN SITI AISHAH BINTI KASMON

NAME :

MUHAMMAD SYAH DANISH EIMAN BIN MOHD SHARIF (KDD230808011)

Cars have become an indispensable aspect of modern life, revolutionizing the way we
commute, travel, and experience the world. As four-wheeled marvels of engineering, cars
provide not just a means of transportation but also a reflection of technological
innovation, design aesthetics, and cultural influence. From the earliest steam-powered
vehicles to the sophisticated electric cars of today, the evolution of automobiles has
shaped societies and connected people across the globe.

For example, electric vehicles. This product represents a breakthrough in the automotive
industry by offering a sustainable and environmentally friendly alternative to the
traditional internal combustion engine. Powered by electricity, this car provides a cleaner
transportation solution. Recent innovations in battery technology have expanded their
range, making electric vehicles increasingly practical for everyday use. Electric cars are
playing an important role in changing the modern transportation landscape.

TESLA

Tesla, Inc is an American multinational automotive and clean energy company

headquartered in Austin, Texas, which designs and manufactures electric vehicles (cars
and trucks), stationary battery energy storage devices from home to grid-scale, solar
panels and solar shingles, and related products and services.

TESLA’S STAKEHOLDER

The following are Tesla’s stakeholders, arranged according to the company’s CSR
prioritization:

Communities.

Tesla's automotive business directly meets the needs of society. The community is an
important party that determines the image of the brand and their response is important to
the business. One of its interests is the conservation and protection of the natural
environment. In the case of this business analysis, electric cars, have a positive impact on
the environment.

Customers.

Customers are interested in the quality of the product and the reasonable price that Tesla
has set. Therefore, the company gives high priority to these stakeholders in its corporate
social responsibility program. To address that interest, automotive firms are looking for
new ways to minimize costs. For example, instead of buying battery cells, Tesla
manufactures its own batteries to make its electric cars more affordable.
Employees.

In designing its corporate social strategy, Tesla believes that employees are key to the
success of its automotive and energy businesses. As stakeholders, employees influence
productivity and business performance. Their CSR interests include high compensation
and significant career opportunities.

Investors/Shareholders.

These stakeholders influence Tesla's capitalization. Investors and shareholders have a

vested interest in the profitability and growth of a business. Governance can address this
through a long-term strategy aimed at transforming the automotive market.

Governments.

Tesla suffered the effects of government action. Government is a stakeholder that presents
needs, constraints and opportunities to businesses. The interests of these interest groups
include compliance with the law, as well as the contribution of business to economic
growth. With a strategic plan and an excellent sustainability record, Tesla can satisfy its
interest

In conclusion, electric cars stand as a pivotal solution in the ongoing evolution of the
automotive industry. With their eco-friendly design, reliance on electricity, and
advancing technology, these vehicles offer a promising alternative to traditional
combustion engines.

As the world increasingly embraces the need for environmental responsibility, the electric
car emerges as a beacon of change, symbolizing a shift towards a greener and more
sustainable era in mobility.
References
Panmore Institute. (2024, February 23). Panmore Institue. Retrieved from
panmore.com: https://panmore.com/tesla-motors-inc-stakeholders-corporate-
social-responsibility

Qrep2020. (2022, December 31). WIKIPEDIA. Retrieved from en.m.wikipedia.org:

https://en.m.wikipedia.org/wiki/Tesla,_Inc