Free

Phase 1 - Case Study Example

Comments (0) Cite this document
Summary
Risk entails the potential of losing something that is valuable since values can be achieved or lost when risks are taken resulting from specific actions, activities or inactions that have either been forecasted or unpredicted (Carson & Bain, 2008). Risks may also be considered…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.9% of users find it useful
Case Study Phase 1
Read TextPreview

Extract of sample "Phase 1"

Topic: Risk RISK Risk entails the potential of losing something that is valuable since values can be achieved or lost when risks are taken resulting from specific actions, activities or inactions that have either been forecasted or unpredicted (Carson & Bain, 2008). Risks may also be considered as intentional interactions with uncertainty while perception of risk is the biased judgment people make concerning the possibility of risks occurring and may be different from one person to another. All the activities that human beings take part in are associated with some level of risk but some are have more risk than others do. In terms of business and management, the possibility of an investment’s actual return usually differs from the expected and risks include the probabilities of losing part of or the entire original investment.
On the other hand, risk assessment involves determining both quantitative and qualitative risks associated with a situation and recognizing threats (Hussain, 2013). A risk assessment of quantitative nature needs calculations of two aspects of risk including the degree of the possible loss and the possibility that the loss take place. Additionally, acceptable risk is the risk that may be understood as a consequence of the cost or difficulty in the implementation of an efficient countermeasure for the related vulnerability that surpasses the expected loss.
Apple’s potential risks
Apple is an international company whose head office is in California, that is involved in designing, developing and selling consumer electronics (Young, 2009). Even though Apple develops its own products and comes up with the software which is run on its devices, it manufactured and assembles its devices through outsourcing operations. Since the company has a heavy dependence on its partners on the delivery of the final product, it is faced with the threat of not having the full ability to control its supply operation. Apple also has a heavy dependence on numerous other organizations to develop components that constitute its final products. Even though this kind of partnerships is advantageous in the production of high quality devices, they also underscore the technological dependency of Apple on external companies. Additionally, any form of disruption suffered by the companies, which manufacture its components will directly influence the ability of Apple to produce products for the market on a timely basis. Regardless of the fact that this form of partnerships are advantageous in the production of devices of superior quality, they underscore the Apple’s technological reliance on external companies. Additionally, any form of interruption experienced by the companies that manufacture its components will directly disturb Apple’s own ability to deliver its products to its customers in a timely manner.
Brand value is also a risk that is posed to Apple as a company and even though the company received the award of being the brand with the most value in the globe recently, it has been faced with controversies like poor working environments and a lack of workplace safety, which may have significant effects on the perceptions of its consumers. These aspects could possibly cast the company under scrutiny by the public concerning inappropriate business practices, which may end up harming the brand that has been nurtured carefully for some time. Apple enjoys considerable loyalty to its brand and continues to have the benefit of being a market leader as far as the tablet industry is concerned. Nonetheless, cannot meet product demands adequately, then other manufacturers will be able to develop technology that would attract customers to migrate from Apple and this will significantly threaten the dominance of the company.
References
Carson, D., & Bain, A. (2008). Professional risk and working with people. London: Jessica
Kingsley Publishers.
Hussain, O. (2013). Risk assessment and management in the networked economy. Heidelberg:
Springer.
Young, J. (2009). Brilliant African-American scientists. Berkeley Heights, NJ:
MyReportLinks.com Books/Enslow Publishers. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Case Study Phase 1 Example | Topics and Well Written Essays - 500 words”, n.d.)
Case Study Phase 1 Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/information-technology/1676183-case-study-phase-1
(Case Study Phase 1 Example | Topics and Well Written Essays - 500 Words)
Case Study Phase 1 Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/information-technology/1676183-case-study-phase-1.
“Case Study Phase 1 Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/information-technology/1676183-case-study-phase-1.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Case Study Phase 1

Case 1

...? (Assignment) HR ACTIVITIES IN SYSCO SYSCO is the largest food service and distribution company in the United s with almost $24billion in annual sales. It has a wide network of customers including restaurants, hotels, supermarkets, hospitals, and other companies. An efficient Human Resource Management system functioned in SYSCO that could coordinate its various activities by supplying adequate human resources. At the beginning phase of SYSCO, their HR activities were administered according to their own HR practices. In order to reorganize the corporate-wide human resource activities by keeping the entrepreneurial independence of the regions, ‘a market-driven’ HR approach was framed. This approach researched the possible...
1 Pages(250 words)Case Study

None 1

...? None Module Introduction The scope of military operations requires a high level of intelligence for understanding and predicting an opponent’s intentions. This allows for preparedness and countermeasures for protecting a territory. Military science is defined as the strategic application of theory, methodologies, and activities towards potentials for implementing security objectives in a nation, facilitating military operations by availing necessary information, and developing plans for suppressing enemies’ planned attacks or for successfully implementing an attack on an enemy. In this paper, I develop a plan of how to analyze the intelligence problem that has been posed on Federal Republic of Ysla by The Sovereign Autocracy... None Module...
3 Pages(750 words)Case Study

Study 1

...Case Study Instructional Leadership Development Model Instructional leadership development training is meant to enable new school heads to crate instructional experiences that will make knowledge and skills acquisition more effective, efficient and appealing to learners (Reiser and Dempsey, 2012). The training also helps head teachers of different schools to establish significant processes in the school routines which will systematically support the developments and improvements in the quality of education for each student in their schools. The course also enables school leaders to create conditions in the culture of the school that are centered on the students (Reiser and Dempsey, 2012). Question 1: Elements that impact...
4 Pages(1000 words)Case Study

SOLVING MY PEOPLE PUZZLE: PHASE 1

...? Solving My Peoples Puzzle Table of content 3 Introduction 4 Body 4 My relational style 6 References 8 Abstract A good relational style involves a social collaborative process where designs, ideas and applications are joined. In most instances, personality traits magnificently contribute to the attitudes of an individual in a society. Therefore, it is important to be in control of our own personality by use of various resources within and around us. Solving My Peoples Puzzle Introduction In this world, people usually behave and relate in various ways. The way people think, feel, do things and relate to other people is different from one person to another. People have different personality, and this influence the way they relate... Solving My ...
4 Pages(1000 words)Case Study

Assignment 1

...the marketing efforts and helps a buyer move from knowledge of a product or service to its purchase” (p. 1). Using positioning strategy, retailers are making consumers aware of an expected increase in the prices of chicken products. They are also making consumers aware of the reason behind the increase in order to satisfy them. In the article, it is evident that Australian meat producers have researched the market to know the reason behind the expected increase in the chicken price. The research shows that chicken meat is one of the most favorite proteins of Australians who like to eat loads of chicken per year. Through research about prices, the meat producers have concluded that a significant increase in the...
2 Pages(500 words)Case Study

Assignment 1

... ID Number & Case Analysis: Health and Wellness The Case of Peggy Peggy is a “compulsive exerciser”. Regular exercise can lead to a better physiological and psychological result. However, extreme exercise or addiction to exercise can result to negative affective state and physical injury (Hagger and Chatzisarantis, 2005, p. 90). The personality of a person can be classified as either introvert or extrovert (Fox, 2010, p. 229; Helgoe, 2008, p. 20). Basically, introverts are known for their capabilities to create new ideas and having a sense of emotional, mental, and psychological balance just by being alone (Helgoe, 2008, p. 20) whereas extroverts are known for their desire to become oriented externally with other people (Fox... ID Number &...
4 Pages(1000 words)Case Study

Case Analysis

...Geneva Pharmaceuticals Challenges that affected Phase of R/3 Implementation Process Up to the year 1996, Geneva Pharmaceuticals had a wide spectrum of software programs that made its Information Systems. These software programs were characterized by various issues, specifically challenges that hindered effective operational processes, within the Company. This compelled the Company to undertake initiatives that were geared towards solving the identified challenges. This initiative was carried in five phases; however the phases were characterized by certain challenges; specifically, Phase 1 R/3 of the initiative was characterized by the following issues:...
5 Pages(1250 words)Case Study

10-1

...Gilligan Village Gilligan Village Ethically, Mark Levitt should not have been removed from his position as manager due to his pursuance of selling the company’s real estate property. It was additionally unethical to have appointed Lauren Bivins as a manager after Levitt’s removal so that her independent property company continued receiving the management fee. However, being a manager Mark Levitt could have consulted other members of the company when thinking about selling the real estate. This would have been possible if there was good communication between the members prior to the decision-making. Legally, Mark Levitt should have been informed transparently about the reason for his removal. His removal from the position by three...
1 Pages(250 words)Case Study

Planning Phase of the Jalupa Company

...Planning Phase of the Jalupa Company Problem Description The problem that arose in the planning phase of the Jalupa Company is that it wanted to penetrate the current radio and musical instruments industry using the social media portals. This is because the potential customers were mainly the baby boomers generation who were now aging and a new market had to be created. In this regard, the nature of the problem to be solved was the market entry strategy that could yield the expected returns after 5 years. The problem is compelling because it is financially enticing in terms of gross margins on the guitars and guitar amplifiers. The cause of action is to generate a decent investment that will see the...
2 Pages(500 words)Case Study

CASE STUDY PHASE 3 - FINAL PHASE

...Risk Mitigation Strategies Risk Mitigation Strategies Strategies to mitigate risks are conceptualized action plans that are developed after a serious evaluation of the possible threats that can affect a business like for this case, the apple company. The main reason why the risk mitigation strategies are developed is to see to it that the possible threat impacts are reduced if not eliminated prior to the real damage occurs. In the best practice of these strategies, all the potential risks, both known and unknown are analyzed accordingly as per their level and possibility of impacts associated with the occurrence of the risk (Marlene, 2011). Risk mitigation strategies are divided into four: Risk Acceptance, Risk Avoidance, Risk... Mitigation...
2 Pages(500 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic Case Study Phase 1 for FREE!

Contact Us