Small computer was the costumer- friendly product that has a clear future vision. Economic - how the economy affects a business in terms of taxation, government spending, general demand, interest rates, exchange rates and European and global economic factors. The developing countries like China also have a potential to growth in the future. Therefore social factor have positive effect on Apple Inc. Currently, people are start pay more attention on the environment protection. Those people are willing to buy the product for the work and start learning technology.
The cost for Apple switch the supplier from one to another is low. Some of these external factors include globalization, competitors, suppliers, technology, customers, the government, and economic conditions. Internal Analysis: the Value Chain Creating value was the ultimate goal for Steve Jobs, a strategy that was behind his innovative success. Over the next 10 years Apple struggled to maintain market share until Jobs returned and revolutionized the company again by deftly responding to external and internal factors to reinvent the Apple brand and return it to prominence by making products better Bajarin, 2010. Apple: Real Networks hacked iPod.
As a leader being able to manage involves planning and leading, organizing and controlling. This effects the way the organization operates in either a positive or negative way. The size of the electronic manufactories continues increase. Weather can effect organizations such as farmers, ski resorts, catastrophes such as flooding, earthquakes etc. I think it may be the good example for you to make you understand regarding what does mean of external environment exactly.
The traditional way is the substitute for this industry. Apple was one of several highly successful companies founded in the 1970s that bucked the traditional notions of what a corporate culture should look like in organizational hierarchy flat versus tall, casual versus formal. This was an increment of 13 million citizens in a span of less than 4 years. Business managers consistently use the four functions of management: planning, organizing, leading, and controlling, but the best managers understand how internal and external factors affect these four functions of management. Apple sells the delivers digital content and application online through Tunes Store, App Store, books Store, and Mac App Store to provide service for the item they sale such as Mac. The major activities of the company in its value chain are reliant greatly on reinforcement activities of human resources and management. This effects the way the organization operates in either a positive or negative way.
Internal and external factors influence the functions of management; planning, organizing, leading and controlling. There are few mass-produced products that are manufactured without the aid of computer automation. The most direct of these market factors is the lack of competition from Samsung and other smartphone makers. Apple leads the digital music revolution with its iPods and iTunes online store. This occurs outside the organization and by-and-large out of the control of the organization. Macro- environment affect industry Environment Apple Corporation are belong to the electronic industry, which is the industry that worth billions of dollars.
Wyeth Ayerst's external environment consists of three components: its remote, industry, and operating environment. This effects the organizations day-to-day operations. This diversification strategy made Apple the largest company in the world. Cole, 2013 However, the competitors like Sony are continue improve themselves. Yet they failed at truly differentiating their products from their leading rivals. It also produces four of the top nonalcoholic beverages.
Internal driving forces are those types of things, events, situations, that occur within an organization and effect i … t in either a positive or negative way. Apple provides the digital music revolution with its iPods and iTunes online store. Economic Factors:- economic growth interest rates exchange rates inflation rate 3. This value, which Jobs brought to Apple, is based on multiple unique core competencies that were an integral part of its value chain. Internal driving forces are those types of things, events, situations, that occur within an organization and effect it in either a positive or negative way. Strategic plans are developed for the welfare of all stakeholders and they should be used to add value.
In other words, are people spending money, or stashing it away because of financial concerns. I see some things in the company that are benefitting to the company and will help make the business successful. Based on the population of those developing countries, the major market for the electronic industry in the future will transform from developed countries to the developing countries. Political - how changes in government policy might affect the business e. The tech industry is extremely volatile. External analysis The leadership of Steve Jobs has been very good; however, he has failed when establishing some strategies.
Apple can exploit this opportunity by offering cloud-friendly devices and apps. The iPhone has greatly impacted the future of mobile media. Apple can take advantage of this opportunity by continuing its strategy of providing products that can be seamlessly connected to each other. The external and internal factors can be influenced by all four functions of the organization are required to make sure that they are properly addressing all functions in order to achieve its goals and meet targets for the success of the business. These factors that happen outside the business are known as external factors or influences.