A Capstone of Apple, Inc.
Running head: A CAPSTONE OF APPLE, INC.
A Capstone of Apple, Inc.
BUS 599
Assignment 5
June 10, 2012
A Capstone of Apple, Inc.
Analyze the company’s mission and vision statements against the performance of the organization. Then, evaluate how well the company lives out its mission and vision statement. Provide support from the organization’s performance in your evaluation.
Apple Inc's mission statement is as follows - Apple is committed to bringing the best personal computing experience to students, educators, creative professionals and consumers around the world through innovative hardware, software and internet offerings' Ebben (2005) provides that a mission statement indicates a company's business strategy and that it is developed in relation to customers' perspective. Apple Inc's mission statement clearly identifies what the company does, how it does, and for whom it does for. The mission statement provides that the organization is focused on quality and innovation to reach its target customers.
Apple Inc's vision statement is 'Man is the creator of change in this world. As such he should be above systems and structures and not subordinate to them'. The vision statement focuses on the customer whereby the company targets to make them masters of products. Apple Inc therefore aims to focus on the customer in order to offer products that meet consumer needs and therefore promote company growth.
The company's performance is in line with its mission and vision which is reflected in its performance. Performance indicators such as sales, operating and net income show that the company has managed to maintain growth through strategies employed. In the financial year ended September 2011 the company registered 66% increase in net sales compared to previous year. Apple had net income of $ 25,922 million in 2011 compared to $ 14,013 million in 2010 (U.S Securities and Exchange Commission, 2011). This indicates that the vision and mission statements are
A Capstone of Apple, Inc.
BUS 599
Assignment 5
June 10, 2012
A Capstone of Apple, Inc.
Analyze the company’s mission and vision statements against the performance of the organization. Then, evaluate how well the company lives out its mission and vision statement. Provide support from the organization’s performance in your evaluation.
Apple Inc's mission statement is as follows - Apple is committed to bringing the best personal computing experience to students, educators, creative professionals and consumers around the world through innovative hardware, software and internet offerings' Ebben (2005) provides that a mission statement indicates a company's business strategy and that it is developed in relation to customers' perspective. Apple Inc's mission statement clearly identifies what the company does, how it does, and for whom it does for. The mission statement provides that the organization is focused on quality and innovation to reach its target customers.
Apple Inc's vision statement is 'Man is the creator of change in this world. As such he should be above systems and structures and not subordinate to them'. The vision statement focuses on the customer whereby the company targets to make them masters of products. Apple Inc therefore aims to focus on the customer in order to offer products that meet consumer needs and therefore promote company growth.
The company's performance is in line with its mission and vision which is reflected in its performance. Performance indicators such as sales, operating and net income show that the company has managed to maintain growth through strategies employed. In the financial year ended September 2011 the company registered 66% increase in net sales compared to previous year. Apple had net income of $ 25,922 million in 2011 compared to $ 14,013 million in 2010 (U.S Securities and Exchange Commission, 2011). This indicates that the vision and mission statements are
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