assignment 1 (2)

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San Francisco State University *

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RESEARCH P

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Management

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Nov 24, 2024

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1 Student’s Name Institution Course Professor’s Name Date

2 Week Assignment 1 Introduction My paper will look at Apple Inc.'s strategic competitiveness as well as its strategic management. This will give a clear picture of how various operations and projects are carried out to ensure the company's success. Again, the paper will focus on summarizing several publications in order to ensure that awareness of how organizations in a country should be run is generated for quality products and services to be provided to the customers. This will play an important part in motivating people to engage in productive activities that will contribute to the success of their businesses. The article will go through the many methods used by Apple Inc. to ensure that its competitive edge is maintained and that the operations carried out are efficient in order to achieve customer satisfaction. The discussion on the strategies used will motivate the people to come up with businesses which focus on quality standards for the set goals and objectives to be achieved (Burke, 2021). Globalization Globalization is one of the key factors that has helped to Apple Inc.'s success by altering the way the company's processes are carried out. The company's supply chain has been favourably influenced as a result of this, allowing it to record significant sales in a short period of time. Because of its ability to make items at low costs and sell them to customers at high costs, the company's profits have improved as a result of proper application of globalization conceptsGlobalization, on the other hand, has resulted in a competitive environment for the company, making it easier for management to devise methods for managing the competition in ways that benefit the company's performance. Apple Inc.'s competition is mostly focused on issues such as pricing, target market,

3 technology adoption, and speedy production. Management has been able to come up with worldwide initiatives that have led to customer satisfaction in order to address challenges in the organization. The company has once again been able to build a strong global brand, effectively competing with other businesses. The company's iTune stores, for example, is a global brand that has played a role in the discovery and delivery of third-party digital content. Economic globalization is one of the company's globalization concepts, as it has allowed businesses to contribute to the growth and development of diverse countries' economies. This has been accomplished through its ability to create new branches all over the planet. It is via this that employment possibilities are established in the country, so adding to the country's economic growth. Finally, globalization has benefited the organization by ensuring that global human resource management practices are implemented. This has made it easy for the company to hire experts and professional from different parts of the world therefore improving the performance of the corporation (do Carmo, 2021). Technology Technological advancements are one of the factors that contribute to the company's success. The company has been investing in technical innovation for the past few years in order to ensure that clients receive high-quality products and services. Some of the technological changes such as MacPaint software have impacted the business positively by bringing in place programs such as Photoshop and PageMaker which have brought about transformations in publishing. Being one of the technologically advanced corporation in the entire world, it has been able to benefit from the advanced technology by improving the rates of production and human resource management. These have therefore led to a demonstration of planning, long term thinking, consistent marketing and careful and thoughtful research.

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4 Some of the technological aspects such as social media, cloud computing, program apps, texting, email, robotics, Internet of Things, Artificial Intelligence, crowfunding, websites, data and analytics and e-commerce have impacted the corporation in a positive manner by ensuring that the standards of the products and the services provided are high. These have therefore improved the competitive advantage of the company. On the other hand, the company has been impacted by diffusion and disruptive technologies in way which has led to increased rates of production through effective innovations (Edeh, 2021). Industrial Organization Model By focusing on consumer-centric devices and innovation, the company may make above- average returns. This results in the company making more sales in a shorter period of time. Customers' morale is raised as a result of consumer-centric technologies and innovation, which encourages them to buy more of the company's products. The company's data transfer to new goods and easy-to-use gadgets have played critical roles in improving the company's financial success. This is aided by the company's ability to protect the welfare of its customers by increasing the quality of the products it produces (Hitt, 2020). Resource-Based Model The resource-based approach has been used in a variety of situations to ensure that a company's available resources and assets are efficiently utilized. The company has employed this model in a number of ways, including by providing a basis on which the company's capability has been built. The company's performance has improved as a result of the growth of capabilities, ensuring that it produces above-average returns. Unique resources are properly employed in order for the organization to produce above average profits. Some of the resources include; product quality, brand equity, global presence, effective marketing, customer loyalty

5 and supply chain (Patrushev, 2021). Vision According to Apple Inc.'s vision statement, the firm aspires to create the best goods on the planet while also improving the world. Apple has created various items for its enormous worldwide client base, all guided by its mission. Apple products are not only functional, but they also aim to make the world a better place (Smizer, 2021). Apple is a company that makes computers, wearables, smartphones, accessories, tablets, and other electronic devices. The company's products, according to an examination, make and leave the world a better place. Apple, for example, has improved communication through its smartphones, making it a vital component of relationship management. Apple's smartwatches are another example; wearables provide fitness tracking, which aids in global health improvement. Apple's vision has an impact on the company's success since it drives the corporation to create goods that affect social change. Given that the majority of people prefer items that meet their needs while also improving the world, Apple's mission is certain to propel the business to greater success. Mission In certain occasions, the company's real mission statement has had a positive impact on the organization. The mission statement has allowed the group to remain true to its objectives while remaining honest. As a result, the company's management has been influenced to think critically about how business operations might be carried out in order to improve the entire world. The mission statement has an impact on the organization's overall success by giving management and staff with clear and effective guidance on how to make quality decisions for the entity's success. “To deliver the greatest personal computing devices and support to

6 students, educators, designers, scientists, engineers, businesspeople, and consumers in over 140 countries across the world,” the company's mission statement reads. Stakeholders Collaboration among all types of stakeholders has aided the company's development. Employees, consumers, investors, communities, the government, and suppliers are just a few of the stakeholders. Employees are some of the company's most significant stakeholders, contributing to the company's overall performance by ensuring that high-quality products are created. This has allowed the organization to properly manage the available competition. Customers are the other stakeholders. Customers contribute to the company's success by ensuring that they purchase things in big quantities, so enhancing the company's financial performance. This has aided in the improvement of sustainability. Investors are other stakeholders who contribute to the company's overall performance by ensuring that the company's capital is raised. This makes it easier for the corporation to fund the various projects it is working on Communities, on the other hand, are stakeholders that have contributed to the company's success by ensuring that employees are supplied with a pleasant working environment. This has aided in the enhancement of the company's performance. The government should be effectively engaged in order to eliminate the hurdles to Apple Inc.'s success. The government, on the other hand, helps to the company's success by ensuring that appropriate policies are implemented to control the company's operations. Finally, suppliers are critical stakeholders because they may bring products closer to customers. This allows the company to achieve large sales and profits in a short period of time (Srinivasan, 2021).

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7 References Burke, J. J. (2021). FinTech. In Financial Services in the Twenty-First Century (pp. 107-130). Palgrave Macmillan, Cham. do Carmo, M. J., Neto, M. S., Donadone, J. C., & Cavenaghi, F. (2021) Financialization Indicators in Large Corporations: Maximizing Shareholder Value In The Case Of Apple Inc. Edeh, F. O., Teoh, K. B., Murugan, Y., Kee, D. M. H., Wong, J., Wong, X. S., ... & Jacinta, O. B. (2021). Contributing Factors to Apple’s Sustainability in Malaysia’s Information and Communication Technology Industry. Asia Pacific Journal of Management and Education (APJME) , 4 (2), 74-84. Hitt, Ireland, & Hoskisson. 2020. Strategic management: Concepts and cases: Competitiveness and globalization (13th ed.). Mason, OH: South-Western Cengage Learning Patrushev, V., & Popov, V. (2021). Modeling the process of innovative transformations at the industrial enterprise. In SHS Web of Conferences (Vol. 116, p. 00005). EDP Sciences. Smizer, E. C. (2021). Epic Games v. Apple: Tech-Tying and the Future of Antitrust. Loy. LA Ent. L. Rev. , 41 , 215. Srinivasan, S., & Jayaraman, V. (2021). Orchestrating Sustainable Stakeholder Value Creation: A Product Life Cycle Extension Perspective. Pursuing Sustainability: OR/MS Applications in Sustainable Design, Manufacturing, Logistics, and Resource Management , 239-25

assignment 1 (2)

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