Management Week 4 Apple Inc. Strategy Formulation And Plan

timer Asked: Feb 7th, 2019
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Question Description

Strategy Formulation

Purpose of Assignment

The Week 4 individual assignment is the second part of a three part strategic management plan for the company selected by the student in Week 3. The purpose of the assignment is for students to establish long-term goals and objectives; indicate, specify and discuss strategies; and investigate, consider and describe specific business strategies including vertical integration and strategic alliances, to achieve competitive advantage in the industry. The student also generates an appropriate organizational chart in alignment with the stated strategies.

Weeks 3, 4, and 5 Individual Assignments are integrated to generate a Strategic Management Plan. This is Part 2 of the three part Strategic Management Plan.

Assignment Steps

Write a 1,050-word report on the company you selected in Week 3, following up on the Individual Assignment of Week 3 (Environmental Scanning), and address the following:

  • Establish Long-term Goals and Objectives
    • Strategy Formulation.
    • Indicate the markets that the company will pursue.
    • Specify the unique value the company will offer in the selected markets.
    • Discuss the resources and capabilities that are required.
    • Analyze how the company will capture value and sustain competitive advantage over time.
  • Business Management Strategy
    • Consider Cost and Differentiation Advantages.
    • Describe the Corporate Strategy.
    • Investigate Vertical Integration.
    • Describe Strategic Alliances.
    • Detail the Company Competitive Advantage.
    • Generate an Organizational Chart of the company you selected.

Cite at least 3 scholarly references.

Format your paper consistent with APA guidelines. Please No Plagiarism

Tutor Answer

School: University of Maryland



Strategy Formulation for Apple Inc.

Student Name

College Name

Course Name

Submission Date

Strategy Formulation for Apple Inc.
Current Long-Term Objectives
Chikhale, &Mansouri, (2015)clearly points out that "Apple has recognized a few long
term objectives which incorporate, environmental responsibilities, leveraging ability to
design and develop, innovating and expanding, and supporting the community”. The major
long-term goal, environmental responsibilities, is a part of Apple's vision articulation to be a
company that centers on innovating. In this manner, the company should focus on the utility
of sustainable power source within its agencies as well as stores. A means Apple is trying to
achieve ecological duty is via eliminating dangerous substances as of their creation process
than products. An additional long term objective of the company is influencing its capacity to
design in addition to renovate. This goal is continuous on condition that for the company to
maintain a competitive advantage they must present prevalent technology as well as
incorporation via every product, hence Leveraging these capabilities shall sanction Apple to
rise above its competitors. This goal likewise prompts the subsequent long-term goal that is
expanding as well as enhancing. To expand and enhance consistently, Apple invests
vigorously in Research coupled with Innovation.
In conclusion, backing the society for improvement of 3rd party hardware in addition
to software items is likewise long-term objective for the corporation. One of which course
that has aided societies is known as the “Apple Global Volunteer Program”. The Apple
Matching Gifts Program is a surprising accomplishment, with a consolidated aggregate of
more than $78 million g...

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Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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