hardware‚ software and other consumer electronics. The company was established in April 1st‚ 1976‚ created by Steve Jobs‚ Steve Wozniak and Ronald Wayne (Andrea Major). The company is best recognized for their Macintosh personal computer line‚ Mac OS X‚ iTunes media application‚ and especially the iPod personal MP3 player. The IPod started off as a simple device that held approximately 1000 songs. Throughout the years‚ the IPod has completely upgraded and has literally revolutionized the world. Many changes
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“Remember the Apple” I. Problem Statement Apple Inc. is known for their innovative products‚ combining user-friendly technology and elegant design‚ Apple’s bite of the consumer electronics market has been getting a little larger year by year. The Apple brand is fun‚ unique‚ and memorable because it is such a departure from brands that sound serious and corporate. Apple’s Macintosh computers has always stood out because it looks different from other personal computers and relies on software
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department store industry. I have chosen this industry because I live in Southern California where the retail sector is a major part of business. Shopping malls are prevalent everywhere. I have seen and experienced all the differences among class and status. With a wide variety of demographics in Southern California‚ there are a number of shops and stores to choose from. Department stores range from discount warehouses such as Wal-Mart‚ mid-range stores such as JC Penney‚ and high-end stores like Nordstrom
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BRIEF GLANCE AT THE FY2005 RESULTS In the fiscal year that ended September 2005‚ Apple reported revenues of US$13‚931M‚ an increase of 68.3% over the preceding year. The Operating Income in FY2005 was US$1650M‚ an increase of 406.1% over the 2004 figure. Net Income also similarly increased by 383.7% in FY2005 to US$1335M. Additionally‚ Total Assets increased by 43.49% to US$11‚551M. Total Liabilities increased by 37.36% to US$4‚085M‚ but Total Debt remained at US$0. Shareholders benefited in
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the phase of audio distribution. The digitalized version of CDs known as the MP3‚ hit the market. This allowed the customers to purchase and download the music on their computers. This way the music lovers were no more compelled to go to the music stores. The software developers found new ways to promote MP3 music by introducing music sharing apps‚ like Napster. Customers could now download free music and share it with their friends. The most beneficial by this digitalization is the IT developers
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Walmart - My Favorite Store Walmart is America’s biggest retailer. Not only are their prices reasonable‚ they have EVERYTHING! Everyone shops at Walmart. By everyone‚ I mean approximately 2.35 million people shop there a day. That many people is almost as much as Canada’s population. Another fact to show how great Walmart really is would be by looking at Walmart’s economy alone. If Walmart was a country‚ it would have the 26th largest economy in the world. these facts show how great Walmart’s industry
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high-end department store chain such as Nordstrom? What are the key customer needs that Nordstrom aims to fill? The Nordstrom web site states the following. Over the years‚ the Nordstrom family of employees built a thriving business on the principles of quality‚ value‚ selection‚ and service. Today‚ Nordstrom is one of the nation’s leading fashion retailers‚ offering a wide variety of high-quality apparel‚ shoes‚ and accessories for men‚ women‚ and children at stores across the country. We
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This past summer I worked at a groceries store called La Villita‚ where I had a lot of contact with other people. Even though I was talking to people and taking care of their needs‚ that kind of job is boring‚ therefore I started to study how they shop. There were some customers that went to the store‚ very often‚ around 2 times a day and probably 4 days a week‚ but on the other hand there were some others that just went once‚ and I never see their faces again. According to how people behave‚ I
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Department Store Industry NACIS 452111 Table of Contents Introduction…………………………………………………………………………….………… 3 The Industry’s Dominant Economic Features……………………………………………………………..……………………….…… 3 Porters 5 Forces…………...……………………………………………………..…………………………. 7 Power of Buyers…………………………………….……….…………………………….7 Power of Suppliers……………………………………….………………………………. 7 Barriers to Entry…………………………………..……………………………………… 7 Threat of Substitutes……………………………...…………...…………………………. 7 Competitive Rivalry…………………………………………
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Question 1:Was the approach that Bonnier used to establish a centralized R&D Department and to change its innovation approach a sound business decision? Why or why not? What made this decision risky? It was a good decision. In a new digital world‚ Bonnier needed to introduce a new culture of innovation and the centralized R&D team was a perfect driver for that. Moreover‚ the new R&D team report directly to Jonas Bonnier (CEO). This last point was a risk because that disrupts Bonnier decentralized
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