Business Analysis Valuation Financial Statements

Question: Discuss about the Business Analysis Valuation for Financial Statements. Answer: Introduction: Tesla is an international motor company seeking to expand its sale to Singapore and gain more global market. When a company like Tesla is at its merge of expansion, they have several better reasons for entering foreign markets like Singapore (Cheong, Song and Hu 2016). For Tesla motor company to succeed with selling of their advanced motor technology, the company has to perform market analysis prior to launching of the investment. Brief Market Analysis The republic of Singapore which is also known as the Lion City is located ain southeastern parts of Asia. The city is composed of several groups of people with high living standards since it is the only island city in the world. The city is therefore suitable for motor production as it contain all car potential buyers (Nykvist and Nilsson 2015). Being an island city of the world, Singapore has several hotels compared to the rest of the world. According to a recent research, it is evident that most of the hotel owners receive high profit annually and are able to afford cars with advanced technology. Another potential group who can afford various services offered by Tesla motor company are various hotel employees. Singapore is known for its culture to hold international events. Tesla Company therefore have advantage since the state will always purchase the best cars for various executive guests as well as the government employees serving the guests (Wheelen and Hunger 2011). Businessmen and entrepreneurs Singapore is a business center hosting several international business summits therefore having numerous rich merchants (Nykvist and Nilsson 2015). The country receives thousands of capable visitors who are always in high demand for quality vehicles to ferry them around the town. Tesla Company is therefore the suitable company with unique services to meet the visitors desires. Singapore population is composed of majority being the youths, children, adults and elderly respectively. Marketing segmentation based on the demography can therefore apply in such a market. Most of the adults are rich an can afford various car models produced by the company (Healy and Palepu 2012). The company should also consider production of sports cars for the youths and suitable car models for the elderly group. Most of the wealthy people in the country are located at the coastal parts and the company should therefore consider having several dealers at the ports. Description of the Positioning Singapore main island main land is an international commerce center with appropriate financial and transport hubs. Tesla motor company should therefore bring their headquarters to the main island. The island is technological advance and ready for unique technological companies as Tesla (Healy and Palepu 2012). The country is ranking at numbers two most competitive country in the whole world with oil refining and trading centers. The company should make strategies to enter into Singapore with new models of sports car, electronic buses and privately affordable personal cars to serve in order to cover the general market. According to various analysis, the country has got low cost technical and managerial individuals produced by high education qualities in Singapore. There are also less competition on electronic car production and the country is also a tax heaven state. With such opportunities tesla motor company can easily expand and reach various other markets through the best ports of the country. References Cheong, T., Song, S.H. and Hu, C., 2016. Strategic Alliance with Competitors in the Electric Vehicle Market: Tesla Motors Case. Mathematical Problems in Engineering, 2016. Healy, P.M. and Palepu, K.G., 2012. Business analysis valuation: Using financial statements. Cengage Learning. Nykvist, B. and Nilsson, M., 2015. Rapidly falling costs of battery packs for electric vehicles. Nature Climate Change, 5(4), pp.329-332. Wheelen, T.L. and Hunger, J.D., 2011. Concepts in strategic management and business policy. Pearson Education India.