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Impacts of Globalization on Apple Inc - Essay Example

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Contemporary business organizations have increasingly been led to options for globalization on a more pronounced and crucial scale…
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Impacts of Globalization on Apple Inc
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Download file to see previous pages One of the most successfully recognized global organizations that recognized the relevance of globalization is Apple Inc. In this regard, the current research aims to examine the actual and potential impacts of globalization on the organization through a comprehensive examination of the factors that led to the decision. The discourse would hereby be structured through providing the relevant theoretical framework for the globalization, prior to delving into the corporate background and profile of Apple Inc. Subsequently, the impact of globalization would be expounded as applied by Apple in terms of presenting the changes it made on the organization’s market share, competition, and the strategies designed and implemented for globalization efforts to succeed. Globalization As emphasized by Riggs (2000), the concept of globalization has been studied to reveal that it has many meanings and dimensions. Figure 1: Globalization has Many Meanings Source: Riggs 1998, 2 Business practitioners could simply attempt define globalization as a process of expanding operations abroad. However, like the evolution in contemporary organizations’ structure, the concept and definition of globalization goes beyond the traditional view of doing business in another country or beyond international waters. In a study conducted by Al-Rodhan (2006), globalization was intricately defined as “a process that encompasses the causes, course, and consequences of transnational and transcultural integration of human and non-human activities” (Al-Rodhan 2006, 2). By transnational, Lee Iwan, a professional with extensive cultural and international experiences described its meaning as corporations that “have invested in foreign operations, have a central corporate facility but give decision-making, R&D and marketing powers to each individual foreign market” (Iwan 2007, 1). As indicated by Riggs (2000) on his key concepts of globalization, the dimensions of globalization are: “Economics: globalization = trade, money, corporations, banking, capital Political science: globalization = governance, war, peace, IGOs, NGOs, regimes Sociology: globalization = communities, conflict, classes, nations, agreements Psychology: globalization = individuals as subjects and objects of global action Anthropology: globalizaton = cultures overlapping, adapting, clashing, merging Communications: globalization = information as knowledge and tools -- INTERNET Geography: globalization = everything, provided it can be anchored in space” (Riggs: Dimensions, 1998, par. 2). Figure 2: Dimensions of Globalization Source: Riggs, 1998, p. 5 These dimensions were validated by Al-Rodhan (2006) when he emphasized that “globalization involves economic integration; the transfer of policies across borders; the transmission of knowledge; cultural stability; the reproduction, relations, and discourses ...Download file to see next pagesRead More
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