StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Summary of strategic strategy - Essay Example

Cite this document
Summary
Apple has become so popular that the iTunes store, in February became the second largest music retailer in the United States, following a Wal-Mart. The iPod is the perfect example of how Apple has been able to make products that transcend gender, geography, age, and race…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.2% of users find it useful
Summary of strategic strategy
Read Text Preview

Extract of sample "Summary of strategic strategy"

Download file to see previous pages

For instance, Apple has gone through three different versions of the iPhone, each time introducing new capabilities into the product. Therefore, new technology can continuously be integrated into the product. In the past five years, they have tripled their sales. Although this has occurred with the return of Jobs at the helm of Apple Jobs, like Apple, believes that innovation is very important when it comes to new products. The idea of the iphone came when Apple realized how much most and individuals did not like their cell phones.

Apple saw an opportunity to make a great phone that everybody would want to use again and again. This is often how Apple comes up with ideas for products. They see an opening in the market and decide to make the best product possible to fit in with that need. Apple believes in making sure all of its products are excellent. Furthermore, Apple wishes to inspire its employees by letting them know that they can do things the Apple they would not be able to do anywhere else. Apple also believes in hiring the best people in order to give them a piece of the business and the thin do as they please with it.

They want their employees to make excellent decisions and contribute to the company overall. Furthermore, Apple police and always working hard are in hard are to make the best products possible. . Book Analysis: Our textbook describes a company's importance as far as setting goals is concerned. It can be argued that Apple definitely sets goals, but unlike the structures presented in the book, they tend to use their own approach. As mentioned in the article analysis, Apple likes to find an area and the market that one could consider a whole.

When the fullest discovered, Apple then dressed of formal product that will fill that need. The Iphone has been the perfect example of this. As Apple realize people were generally unhappy with their cell phones, they set the goal of coming up with a better cell phone. When Apple sets a goal, they tend to stick with the school. They do not tend to diversify, which is against many of the ideas presented in the textbook. Apple has found that by concentrating on a few products they are better able to meet their consumers happy.

Apple believes that diversification will make them spread themselves too thin, and therefore, their products will not be as good or a successful. The book also mentions that the company should agree on performance measures. Apple however says that likes to hire people who are never satisfied. Apple's sphere of satisfaction comes with the fact that they believe satisfaction may reduce one's ability to perform or set better goals. Therefore, they strive to do better and better no matter how good their performance measures currently are.

This information conflicts with the information that is presented in the book. One item of the book that Apple does agree with is the concept of making business strategies flexible. This can be seen with the various concepts that had been

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Summary of strategic strategy Essay Example | Topics and Well Written Essays - 1250 words”, n.d.)
Summary of strategic strategy Essay Example | Topics and Well Written Essays - 1250 words. Retrieved from https://studentshare.org/miscellaneous/1534077-summary-of-strategic-strategy
(Summary of Strategic Strategy Essay Example | Topics and Well Written Essays - 1250 Words)
Summary of Strategic Strategy Essay Example | Topics and Well Written Essays - 1250 Words. https://studentshare.org/miscellaneous/1534077-summary-of-strategic-strategy.
“Summary of Strategic Strategy Essay Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/miscellaneous/1534077-summary-of-strategic-strategy.
  • Cited: 0 times

CHECK THESE SAMPLES OF Summary of strategic strategy

Summary Strategic Management

These are the effects of Wal-Mart's cost leadership strategy that allowed the company to offer customers everyday low-prices, attracted an increasing number of loyal customers to shop, and also attracted loyal suppliers to do business with it despite Wal-Mart being a very demanding client, allowing it to grow fast until it became the biggest company in the U.... Third, Wal-Mart has used technology to master the science and art of logistics and operations management, which includes ordering, distribution, cost monitoring, and payment of suppliers, among many other aspects of its complex operations, in order to serve its cost leadership strategy....
2 Pages (500 words) Essay

Strategic HR Mgmt - Article Summary

nother HR strategy is the necessity of flexibility in this modern work environment.... third strategy is that of empowering the ‘baby boomers' in the workplace.... ‘How to keep your 50-somethings' clearly addresses the dire need for a creative mode amongst employers to contend with the dynamism of their workforce....
2 Pages (500 words) Essay

Business Strategic Management Executive Summary

Established in the year of 1976 by two college dropout friends named Steve Jobs and Steve Wozniak on April 01 at the family garage, Apple drew huge attention within few years of its Executive summary Issue It is observed that Apple, Inc has been initiating significant yet calculated changes in its scheme of operations....
2 Pages (500 words) Essay

Business Strategy of Cigna Corporation

The company offers variant insurance products under medical and accident cover throughout United States.... ?These services are sold through the company employees and selected groups.... ?Having wide operations in United… Similarly, the wider operations mean the company has a wide management structure and numerous employees....
16 Pages (4000 words) Essay

Benefits of Blue Ocean Strategy

The blue ocean strategy is a book based on two types of business marketing strategies namely the blue ocean strategy and the red ocean strategy (Kim & Mauborgne, 2013).... The idea behind the book is the advantages of the blue ocean strategy over the red ocean strategy.... Originally, the red ocean strategy was the most used mode of emerging top of the competition.... However, the book talks about a new and different approach that is the blue ocean strategy....
4 Pages (1000 words) Essay

The Nike Incorporated Strategies

The company's strong marketing strategy has helped in increasing its revenues and sales, and compared to the previous year its sales has grown by 12.... The report also reveals that the increase in sale and revenues is the evidence of effective strategies, however, the rapidly changing trends in sportswear as well as people's interest in new designs and quality of fabrics need to have some amendments in their strategic planning and its implementation....
4 Pages (1000 words) Term Paper

Strategic Management Competitive Advantage

nbsp; The business follows a strategic management process to develop a strategy, a well-defined plan that allows it to achieve its mission and win over the competition....  The fourth step is strategy implementation which includes making changes, if needed, on the strategies based on real-world information and experience.... … The paper “strategic Management and Competitive Advantage - Concepts and Cases by Barney & Hesterly" is a meaningful example of a book review on management....
4 Pages (1000 words) Essay

Summary of Chapter, Pricing Strategy

summary of Chapter – Pricing Strategy The chapter emphasizes the importance of pricing within the broader framework of marketing products and services in the competitive market.... hellip; Price is an intrinsic part of market mix strategy where the product, promotion, place etc.... Price is intrinsic part of market mix strategy where product, promotion, place etc.... Cost based pricing strategy relies on calculating the base price of the product by taking into account all the expenses incurred from production to marketing....
2 Pages (500 words) Assignment
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.
Contact Us