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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Introduction Creativity & innovation is important for enterprises‚ especially high-tech corporations. In the trend of extensive globalization‚ it is almost impossible for any enterprise to survive in the business world without seeking help from creative innovations. The paper focuses on significance of creativity & innovation in the operation of a famous company----3M. 3M is a manufacturing company that has a long history‚ it has a series of well-known products and brands. The first part of the
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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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of Haier’s culture is Innovation. This can also be reflected by Zhang’s continual push to employees for innovation. • Before pushing employees to innovate‚ Zhang has already set a high bar for himself to be innovative. Zhang Ruimin has never set a border for him‚ even for what Haier is. Initially‚ he positioned Haier is a manufacturer with high quality. Moving on‚ he pushes himself to re-position Haier as a service provider. Therefore‚ under his strong desire for innovation‚ Haier not only produces
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Apple Computer‚ 2006 Case Apple was started on April 1‚ 1976 by Steve Jobs and Steve Wozniak. It humble beginnings led to one of the largest and most successful corporations in history. Today‚ Apple is a powerhouse of computer technology‚ putting out some of the most innovative products in the last 15 years. Things weren’t always great for Apple and the company has gone through its share of lows; in 1997‚ Apple’s stock was a mere $7 a share. Apple has finally found a sustainable strategy and‚ I
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internal (strengths and weaknesses) and external issues (opportunities and threats). Strengths * Largest market share: 70% of the digital music market. The closest competitor to Apple’s iPod had only 8% of the market share. * Focus on innovation as a competitive advantage. * Product sales of $100 million * Strong sales growth: 35% growth in total net sales by operating segment and 35% growth in total net sales by product. * iPod as the “profit machine” as it tends to produce
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------------------------------------------------- Apple Case II Design Thinking Apple created a unique way of working which was called the “Apple way”. It was a set of principles with a deep commitment to great products and services at its core. These set of principles can be divided in design thinking‚ clear development strategy and execution‚ its CEO as chief innovator‚ and the rational courage to conduct bold business experiments. The first principle of the Apple way is the most important one and has
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Apple‚ Inc. Marketing Strategy Plan Prepared by Techno-Geek Consultants MARKETING APRIL 28‚ 2012 BY: GROUP C Executive summary Apple has dominated the market with its innovative line of products like iPod‚ iPhone and iPad. Steve Jobs and Steve Wozniak started Apple in 1976‚ and in the 34 years until the launch of the iPod‚ the company had many difficulties. In 1980‚ Apple was leading the market with its Macintosh that was worth $1B annually. Their product stood alone at the top in a primitive
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Drucker‚ the management consultant and author of “Innovation and Entrepreneurship stated that “…Because its purpose is to create a customer‚ business has two—and only two functions: Marketing and innovation. Marketing and innovation produce results‚ all the rest are costs." So the question now is what is innovation? Generally put‚ an ‘innovation’ is developing a new idea and putting it into practice. Edward Kahn in his book stated that innovation is inherently unstructured‚ unpredictable‚ and risky
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Case study “Apple” Organization Apple corporation – “Think Differently” Apple’s Distribution Policy Apple is an American multinational corporation that designs and manufactures costumer electronics‚ computer software and personal computers. Steve Jobs and Steve Wozniak founded Apple Computer in 1976 in Cupertino California . The company’s best – known hardware products include Macintosh computers‚ the iPod‚ the iPhone and the iPad. Apple software includes the Mac OS X operating system‚ the
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