Based on the Apple Inc.'s Success During the Global Recession: A Strategic Management Case Study Elucidate how Apple, lacking a manufacturing facility, achieved substantial profit margins despite concerns regarding competition in the computer sector
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Based on the Apple Inc.'s Success During the Global Recession: A Strategic Management Case Study Elucidate how Apple, lacking a manufacturing facility, achieved substantial profit margins despite concerns regarding competition in the computer sector
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- During the Great Recession (2007 - 2009), there was a higher percentage in higher education, where consumers globally invested their time and money. Both countries and individuals may believe higher education, such as attending a university or trade school, can help increase their incomes. “According to the United Nations Educational, Scientific, and Cultural Organization (UNESCO), enrollment in colleges and universities rose one-third in China and almost two-thirds in Saudi Arabia, nearly doubled in Pakistan, tripled in Uganda, and surged by three million—18 percent—in the United States”. (Greenlaw, 2018, p. 148). Research a country and provide the following information: Explain the citizens’ impact of education on earnings and unemployment rates. Provide percentage rates for each of the following education completion levels: did not complete high school high school graduates college graduates (associate degree or bachelor’s degree) graduate degree (master's degree or…Please answer the following (refer to the picture.)Identify Apple’s biggest strength that allowed it to flourish even during the recession
- When can market fail? List and briefly explain at least 2 instances of market failure(explain why companies do not address these but government needs to do so). Compare and contrast economic policies with social assistance policies.As the nation's leading consumer electronics retailer, Best Buy is trying to be the best. But that's not been easy in light of the challenges it's facing in the external environment. Like many other retailers, the economic climate has forced Best Buy to carefully consider its strategic options. Best Buy was founded under the name Sound of Music in 1966 as a home- and car-stereo store by Dick Schulze (he still remains as board chair), who got tired of working for his father, who would never listen to his ideas on how to improve the family's electronics distribution business. However, while chairing a school board in the early 1980s, Schulze realized that his target customer group—15- to 18-year-old males—was declining sharply. He decided to broaden his product line and target older and more affluent customers by offering appliances and VCRs. In 1981, a tornado wiped out his entire store (but not the inventory). Schulze decided to spend his entire marketing budget on advertising a huge…1) Tesla, an American automobile manufacturer based in California, has hired you as a business strategy consultant. Tesla is the leader in electric luxury cars across the world. Over the last five years, their sales have increased due to consumer and political concerns over the environmental impact from combustion- based automobiles. Increased demand worldwide has resulted in increased competition from established companies (Ford; GM; Mercedes; Toyota; etc.), as well as smaller start-ups. Because of the Covid-19 pandemic, lags in the supply chain, and a doubling of fuel prices, recent costs have skyrocketed. Consider the following questions: A) While American consumers purchase over 17 million new cars annually, electric cars account for less than 3%, lagging substantially behind Europe and China. Discuss why this discrepancy exists. How do you recommend that Tesla approach the challenge of competing in the existing US market in short-term? What can Tesla and others do to foster…
- Being the Best As the nation's leading consumer electronics retailer, Best Buy is trying to be the best. But that's not been easy in light of the challenges it's facing in the external environment. Like many other retailers, the economic climate has forced Best Buy to carefully consider its strategic options. Best Buy was founded under the name Sound of Music in 1966 as a home- and car-stereo store by Dick Schulze (he still remains as board chair), who got tired of working for his father, who would never listen to his ideas on how to improve the family's electronics distribution business. However, while chairing a school board in the early 1980s, Schulze realized that his target customer group—15- to 18-year-old males—was declining sharply. He decided to broaden his product line and target older and more affluent customers by offering appliances and VCRs. In 1981, a tornado wiped out his entire store (but not the inventory). Schulze decided to spend his entire marketing budget on…Being the Best As the nation's leading consumer electronics retailer, Best Buy is trying to be the best. But that's not been easy in light of the challenges it's facing in the external environment. Like many other retailers, the economic climate has forced Best Buy to carefully consider its strategic options. Best Buy was founded under the name Sound of Music in 1966 as a home- and car-stereo store by Dick Schulze (he still remains as board chair), who got tired of working for his father, who would never listen to his ideas on how to improve the family's electronics distribution business. However, while chairing a school board in the early 1980s, Schulze realized that his target customer group—15- to 18-year-old males—was declining sharply. He decided to broaden his product line and target older and more affluent customers by offering appliances and VCRs. In 1981, a tornado wiped out his entire store (but not the inventory). Schulze decided to spend his entire marketing budget on…Being the Best As the nation's leading consumer electronics retailer, Best Buy is trying to be the best. But that's not been easy in light of the challenges it's facing in the external environment. Like many other retailers, the economic climate has forced Best Buy to carefully consider its strategic options. Best Buy was founded under the name Sound of Music in 1966 as a home- and car-stereo store by Dick Schulze (he still remains as board chair), who got tired of working for his father, who would never listen to his ideas on how to improve the family's electronics distribution business. However, while chairing a school board in the early 1980s, Schulze realized that his target customer group—15- to 18-year-old males—was declining sharply. He decided to broaden his product line and target older and more affluent customers by offering appliances and VCRs. In 1981, a tornado wiped out his entire store (but not the inventory). Schulze decided to spend his entire marketing budget on…
- Being the Best As the nation's leading consumer electronics retailer, Best Buy is trying to be the best. But that's not been easy in light of the challenges it's facing in the external environment. Like many other retailers, the economic climate has forced Best Buy to carefully consider its strategic options. Best Buy was founded under the name Sound of Music in 1966 as a home- and car-stereo store by Dick Schulze (he still remains as board chair), who got tired of working for his father, who would never listen to his ideas on how to improve the family's electronics distribution business. However, while chairing a school board in the early 1980s, Schulze realized that his target customer group—15- to 18-year-old males—was declining sharply. He decided to broaden his product line and target older and more affluent customers by offering appliances and VCRs. In 1981, a tornado wiped out his entire store (but not the inventory). Schulze decided to spend his entire marketing budget on…Both Ford and PayPal are in traditional industries with key disruptive innovations. What are the suggestions you would give to companies in the traditional industries to stay competitive in an ever-changing market?Please Both CPI and Core CPI moved in the same direction for the US economy in 2020 and 2021. Agree/Disagree? Provide a brief explanation.