Strategic Management Final Report for Case # 10 Prepared by : Hala Al-Ghawi & Noor Al-Saleh Company’s Mission Statement: Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. “Think Differently” is a concept Apple executes with perfection‚ Innovation being the core competency of the company. The company is committed to bringing the best personal computing experience to students
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TYPES OF COMPETITIVE STRATEGIES Apple Inc. Cost Leadership Strategy Cost leadership strategy has been highly adopted by Apple Inc in its endeavors of ensuring competitiveness and success in the technology industry. The company’s management has been able to draw policies and strategies that are aimed at ensuring that the company is the lowest cost producer and distributor. • By lowering the cost of production and management‚ Apple Inc has been given golden opportunities on determining prices
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Competitive Strategy: Apple’s competitive strategy is differentiation across the industry. Apple prides itself on innovation more than any other company‚ and is known for their unique top of the line products. Using differentiation as their main source of competitive advantage‚ they have succeeded to the top of their industry‚ while retaining higher than industry average profit margins. This innovative attitude is the source of long-term success throughout the history of Apple. For example
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Apple Social Strategy In the case “Apple Inc. in 2010”‚ we can see that between 1980 and 1996‚ the company struggled with different management style and strategies. During those 16 years‚ Apple was a computer-based company that was not trying to differentiate itself from its competitor. That is why‚ in 1996‚ when Steve Jobs returned to Apple‚ he started to focus on the social aspect of Apple but also on how to innovate and create new products in order to differentiate the company. First of all
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Apple Business Analysis As a mutual fund manager‚ the decision to invest or not to invest in a company is one that entails thorough research of a company’s assets‚ business practices‚ and their way ahead. As a mutual fund investor‚ I want to invest in a businesses with high return on investments and businesses that need collateral but will not hinder my business. I will conduct a detailed analysis of their brand‚ stakeholders‚ customers‚ products‚ business ownership‚ and a SWOT analysis. Background
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CORPORATE LEVEL STRATEGY OF APPLE COMPUTER INC. Low level of diversification (1976-1996) To examine what strategies have been used by Apple‚ we divided the period into two ages. The first age is in between 1976 until 1996 were we can observe that all the products sold by Apple were computer related. They started with Apple 1 and continuously developed their products up until the evolutionary of Macintosh. However‚ their development restrained only to computers‚ chips and software which indicates
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APPLE BUSINESS STRATEGY Business Strategy Objective: To develop a market demand for Apple products in developing countries to insure the longevity of the Apple brand. Overview Apple inc. is a Multinational Corporation operating in 97 countries worldwide. It offers an array of products from computers to televisions to software. Apple is revered as a leader in innovative products that are both user friendly and ascetically pleasing. In the market of computers today‚ Mac and PC are more similar
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Steve Jobs recently described apple as a mobile device company. Apple once considered a desktop computer company is slowly moving towards mobile devices. This statement shows how apple’s strategy has changed significantly in past few years. Challenges faced in the past – The major challenge Apple faced in the past was the isolation it has created from other products and companies in the market. Apple users had very limited options. The other challenge faced by the Apple was the compatibility of its
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business strategy particularly for iPhone. Yes‚ Apple decided to cut off the price of iPhone to be an half of price‚ $99 in order to boost the sales. In fact‚ there are three steps of Apple business strategy for 2011. First they fertile platforms‚ second to introduce derivatives with incremental appeal and third step is to create the next exciting platform. Apple hardware will see only incremental improvements and cost reductions. Apple’s ability to align marketing strategy and business strategy with
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share in the industry. Apple Computer Inc.‚ is known as Apple Inc. has proven that a company may successfully diversify its portfolio if they continue to be innovative in creating new products and improving older products. Apple Inc. was established in April 1‚ 1976 by founders Steve Wozniak and the late Steve Jobs with the release of one computer. The company then became incorporated on January 3‚ 1977 in Cupertino‚ California. During the early years of the company Apple was known as the manufacture
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