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.
Nobody downloaded yet

The Competitive Global Market and Change - Research Paper Example

Comments (0)
Summary
The Competitive Global Market and Change Overview Apple Inc is an American multinational company which has its products available all over the world. Creativity accumulates the vision of the company which in turn replicates its mission to design and invent the products related to consumer electronics so as to influence the lifestyle of human beings…
Download full paper
GRAB THE BEST PAPER
The Competitive Global Market and Change
Read TextPreview

Extract of sample
The Competitive Global Market and Change

Download file to see previous pages... Moreover, the report will also attempt to identify the benefits or drawbacks witnessed by Apple and its employees due to the affect of globalisation. Different Countries Involved Besides, its headquarters in United States, Apple majorly operates in various other countries, such as United Kingdom, Japan, Australia, Canada, Italy, China, Germany, Switzerland, Spain, France and Netherlands among others. More than 350 Apple stores are established all over the countries across the world (Apple Inc, 2012). Thus, its focus on the development of supply chains and major partners in the business is necessary in order to maintain sustainability in the global markets. Utilization of Outsourcing In the late 2000s, Apple decided to outsource its products from various countries where raw materials are available at cheaper rates. The motive behind outsourcing is to earn significant margin of profit while experimenting in developing creative products. A report by New York Times revealed that 90 percent of raw materials used in Apple’s iPhones are manufactured abroad and are outsourced. Major sections, such as display panels and circuitry from Taiwan and Korea, advanced semiconductors from Germany, chipsets from Europe, memory from Japan and Korea and uncommon metals from Asia and Africa which are later assembled and packaged in China. Technological companies depend upon the availability of low-cost materials and therefore, focus on countries that provide the advantage. The outsourcing strategy gained the momentum of growth and subsequently, Apple earned a considerable amount of profit strengthening its foothold in the global markets (Duhigg & Bradsher, 2012). Benefits of Globalisation Similar to many other multinational companies, Apple has benefitted by a large extent due to globalisation. The company shifted most of its production unit jobs to countries where cheaper workforces are available along with legal support and favourable economic conditions. This has been evident by a report that revealed only 13,920 employees are associated with the company’s US based plant compared to 27,250 employees working at other countries, i.e. nearly twice more than US. The report further revealed that the American employees took over approximately US $750 million whereas; workers employed abroad took only US $320 million. Thus, the comparison in cost related to wages can be identified as almost double in US compared to abroad (Freeland, 2011). Globalisation has also resulted in the inflow of creative talents from across the world, to which the company gives prime importance. The incredible talents in Apple are encouraged in various ways to develop products that are unique in its class acting as a ‘trend setter’ in the industry. These engineers earn healthy paycheques from the company which are being supported by the cheap costs incurred by the bottom-line employees working abroad (Freeland, 2011). Drawbacks Due to Globalisation Steve Jobs’ main target behind the incorporation of Apple was to become the leader of the industry in terms of creative products. His aim was to dominate the market in regards to sales and have a partially monopolistic environment prevailing in the global markets. However, due to globalisation many competitor brands have used the strategy of manufacturing abroad and reap equal benefits in terms of cheap labour and raw materials. Therefore, the ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Research Proposal: How does Cathay Pacific Airways survive in the competitive global market
Cathay Pacific Airways is a one of the Hong-Kong based airline industry that has a wide-ranging system of flights to more than 90 destinations all around the earth. It is also consider d as one of the highest and most regarded Airline industry in the Asia.
8 Pages(2000 words)Essay
The Global Economy: an environment in change
Globalization refers to the nature of global relationships that exist between people, cultures and economies. Today’s global economy is characterized by an increased assimilation of trade, capital flows and labor, to varying degrees.
4 Pages(1000 words)Research Paper
Market Model Patterns of Change: Apple Corporation
One must ask oneself, “Why is this so and how does Apple deal with this kind of power? The pattern of change in terms of monopolies can be harsh, but so far, Apple has benefited richly from its style of operation. According to Froeb and McCann (2009), “If competitive firms live in the worst of all possible worlds, monopoly firms live in the best.
4 Pages(1000 words)Research Paper
Market Model Patterns of Change
The paper examines automobile industry and analyzes the patterns of change that characterize the industry. Industry Description Automobile industry is one of the global most oligopolistic industries. The market products of this industry are spread world wide and dominance is common among the companies dealing with automobiles.
4 Pages(1000 words)Research Paper
The Effects of E-commerce on the Global Market
E-commerce offers small and large firms equal footing in global competition influences production and service in firms, suggests the cheap, easy and fast mode of international marketing, offers increased specialization and standardized marketing strategies and new solutions of better efficiency for companies.
4 Pages(1000 words)Research Paper
Competitive Strategies
In operations of markets, competition is fundamental as it promotes growth, productivity, and innovation, all factors that are needed by companies to make sales and increase profits (Kjellberg, 2010). This process of rivalry provides the drive behind markets for many business firms and companies.
4 Pages(1000 words)Research Paper
An Example of Success In A Competitive Market
industrial firms, from IT industries to automobiles, food services to oil giants, they are not sole providers of some products or services of some sort but one of the hundreds or even thousands of those who have parallel business offerings that overpopulated the market. But how
2 Pages(500 words)Research Paper
Expected Changes In Accounting Management as the Global Market merges
These alterations have impacted terribly much on the global business setting, predominantly on developed industry, which has been
6 Pages(1500 words)Research Paper
Target Market and Competitive Analysis
The largest customer segment for Off 2 Gran Grans is referred to as the Sandwich Generation, Baby-Boomers and elderly markets that have cared for their children in a family home and wish
4 Pages(1000 words)Research Paper
Managing Change in Global Organizations
According to the author of the paper, non-commercial global organizations fall into either of two categories: nongovernmental and intergovernmental organizations. In terms of their type, every global organization experiences change from time to time, which needs to be managed effectively if the organization was to achieve their goals.
11 Pages(2750 words)Research Paper
Let us find you another Research Paper on topic The Competitive Global Market and Change for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us