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Tesla; Employee safety issues from Economic perspective - Coggle Diagram
Tesla; Employee safety issues from Economic perspective
Microeconomic
Individual
Pre-COVID
High Purchasing Power
Purchasing incentive
Previous
Pre-orders delay
Cheaper interate loan (Tesla offer 2% lowever than bank loan)
Sustainable trends
During & Post COVID
Purchasing Priority, saving mode
Business
Labour
maintain employees while increase job respoensible
Capital
Cost-cut during crisis
Raw materials/componants
from oversea >>> Supply Chain distruption
Knowlegde
lacking knowledge about safety standard practice for COVID
Macroeconomic
Market competition
Oligopoly
Leading non-compact electrical automobilie market
Economic Growth
Growth but slow
EV market growth but slower than pre-COVID (from 35% >>> 9%)
The Business Cycle
Pre-COVID = Expension Phase During COVID = Contraction Phase
The Balance of Trade
Distrupt in International trade
GDP & GNP
shapely fall down since restriction and still going forward
Productivity
Avg. decline productivity for onsite-jobs
Economic Stability
Inflation
2020, 0.64% --> by Gov. maintain. 2021, 2.24% --> bounced to pre-coivd
Interest Rate
Avg. automotive loan at 4%,
Employment Situations
Employment Rate
Reach peek in April 2020 (15%) and bounce back (6%), still x2 higher than pre-covid.
Cyclical Unemployment
umemployment due to lay off