BUS 499 Strayer University Apple Inc Globalization and Technology Changes Report

User Generated

Ybiroht16

Business Finance

BUS 499

Strayer University

BUS

Description

OVERVIEW

Choose one public corporation in an industry with which you are familiar. Research the company on its own website, public filings on the Securities and Exchange Commission's Filings & Forms page, Strayer University's online databases, Strayer University's Lexis Advance database, and any other sources you can find. The annual report will often provide insights that can help address some of these questions. Use the Strategic Management and Strategic Competitiveness Template [DOCX] to ensure that your assignment meets the requirements.

REQUIREMENTS

Write a 4-6 page paper in which you address the following:

Assess how globalization and technology changes have impacted the corporation you researched.

Apply the industrial organization model and the resource-based model to determine how your corporation could earn above-average returns.

Assess how the vision statement and mission statement of the corporation influence its overall success.

Evaluate how each category of stakeholder impacts the overall success of this corporation.

Use the Strayer University Online Library or the Internet to locate and include at least three quality references. Note: Wikipedia and similar websites do not qualify as academic resources.

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.

The specific course learning outcome associated with this assignment is the following:

Determine the impact of globalization and technology changes, strategic models, vision and mission statements, and stakeholders on a corporation's use the attached template and cite per strayer's standards

Unformatted Attachment Preview

1 Week 3 Strategic Management and Strategic Competitiveness Assignment Student’s Full Name Strayer University BUS499 Business Administration Capstone Professor’s Name Date 2 Template Instructions (delete this page before submitting) This template is provided to help you meet the assignment requirements. This page should NOT be submitted with your assignment, as it is not part of an academically written paper. Note the “Clarity, writing mechanics, and formatting requirements” section of the grading rubric. HOW TO USE THIS TEMPLATE • Read the explanations provided in the template for each section of your paper. o The explanations are in blue font below. o You should have already read the assignment instructions in Blackboard. • Type your response to each of the assignment requirements within the designated sections. o Each assignment requirement is identified using a section Heading that is in black font o DO NOT add extra spaces between sections. o DO NOT change the margins. • You are required to have a heading for each of the sections in your paper. o The required headings have been provided for you. o DO NOT delete, alter, or add anything to the section Headings. o DO NOT type the assignment instructions into the sections. • After typing your responses, change the font color to black and make sure it is not in bold. o Be sure to change the font color on the title page to black after typing your name, professor’s name, and date. • Everything in blue font below should be deleted and replaced with your responses. • DELETE this entire page before you submit your assignment to avoid losing points. REMINDERS • The assignment is due in week 3. • Do not copy content from previous assignments in this class or others. • Late submissions negatively impact your grade. • Include at least 4 full and complete academically written pages that address the requirements. The title page, this instruction page, and the source page do not count. • Use at least 3 quality sources, one of which MUST be the course textbook. • Strayer uses SafeAssign – an automated plagiarism checker. It is advised that you do your own writing and use external resources to support what you have written in your own words. 3 Week 3 Strategic Management and Strategic Competitiveness Assignment Write your introduction here. Include one (1) paragraph (not more than 6 lines of text) that explains what your paper will discuss. Much of your introduction may be taken from the assignment instructions (in your own words). Read all assignment resources to understand what should be included in your paper. Be sure to review the assignment instructions in Blackboard, the grading rubric, and the recorded writing workshop to understand the requirements. Do not exceed 6 lines of text in this introduction. There should be no direct quotes in this section. After reading these instructions, replace this blue text with your introduction and change the font color to black. Globalization Thoroughly assess how globalization has impacted the public corporation you researched. Provide a thoughtful and well researched response. Consider for example, how your chosen company has been involved in expanding globally, how it has been impacted by global competition, and the global economy. Do not simply define the term globalization. If your company has locations in other countries, do not just state that your corporation has locations in other countries or simply list the various countries in which the company does business. You need to assess the impact globalization has had on your selected corporation. Your assessment should demonstrate that you have read, understand, and can apply the globalization concepts covered in the textbook and course resources. You must consider the various aspects of globalization discussed in the course and make judgments about their impacts to your selected corporation. Do not write about globalization in general terms. Your assessment should be directly related to your selected corporation. Your writing here should thoroughly assess how globalization has impacted your chosen corporation. Do not Google “globalization”. 4 You must display an understanding based on what is studied in this course and demonstrate an ability to apply the concepts in a real-world assessment of a corporation. Your textbook must be a source along with other credible sources that support the globalization concepts covered in this course. Read chapters 1-3 in the course textbook as each chapter provides a solid background on Globalization that applies to this section. Review the Week 1 & 2 Learn Readings for supporting content. Properly cite your sources and avoid the use of direct quotes. After reading these instructions, replace this blue text with your assessment and change the font color to black. Technology Thoroughly assess how technological changes have impacted the public corporation you researched. Provide a thoughtful and well researched response. Consider for example, how the company has been impacted by cloud computing, social media, crowdfunding, program apps, email, texting, websites, mobile, automation, robotics, IOT (Internet of Things), AI (Artificial Intelligence), e-commerce, data and analytics, etc. Research how the company may have been impacted by diffusion and disruptive technologies as explained in the textbook. Do not simply define the term technology. You will need to assess the impact changes in technology have had on your selected corporation. Your assessment should demonstrate that you have read, understand, and can apply the technology concepts covered in the textbook and course resources. You must consider the various aspects of technological changes discussed in the course and make judgments about their impacts to your selected corporation. Do not write about technology in general terms. Your assessment should be directly related to your selected public corporation. If your company is technologically advanced, do not simply list the various technologies they possess but rather assess how changes in technology have impacted the corporation. You must display an 5 understanding based on what is studied in this course and demonstrate an ability to apply the concepts in a real-world assessment of a corporation. Do not Google “technology”. Your writing here should thoroughly assess how changes in technology have impacted your chosen corporation. Your textbook must be a source along with other credible sources that support the technology concepts covered in this course. You must display an understanding based on what is studied in this course. Read chapters 1-3 in the course textbook as each chapter provides a solid background on Technology that applies to this section. Review the Week 1 & 2 Learn Readings for supporting content. Cite your sources and avoid the use of direct quotes. After reading these instructions, replace this blue text with your assessment and change the font color to black. Industrial Organization Model Thoroughly apply the industrial organization model to determine how your corporation could earn above-average returns (i.e. revenue). This model is based upon the corporation’s external environment which is anything outside of the corporation that can influence or impact its business (macro)/operations (micro). Your application should walk through the components the model suggests are needed to earn above average returns. Hint: see Figure 1.2 in the textbook. Do not Google “Industrial Organization Model” or simply provide a definition or write in general terms. Your writing here should apply the components of the model, as described in the course material, to your specific corporation, demonstrate your understanding of the concepts, as described in this course, and demonstrate your ability to apply those concepts to a real-world corporation. Read chapter 1 as it provides a solid background on this model. Review the Week 1 Learn Readings for supporting content. Cite your sources and avoid the use of direct 6 quotes. After reading these instructions, replace this blue text with your application and change the font color to black. Resource-Based Model Thoroughly apply the resource-based model to determine how your corporation could earn above-average returns (i.e. revenue). Consider the corporation’s unique resources (corporate culture, land, location, equipment, brand, reputation, trademarks, patents, etc.) and capabilities (skills, experience, etc.) that set it apart from its competition. Your application should walk through the components the model suggests are needed to earn superior returns. Hint: See Figure 1.3 in the textbook. Do not Google “Resource-Based Model” or simply provide a definition or write in general terms. Your writing here should apply the components of the model, as described in the course material, to your specific corporation, demonstrate your understanding of the concepts, as described in this course, and demonstrate your ability to apply those concepts to a real-world corporation. Read chapter 1 as it provides a solid background on this model. Review the Week 1 Learn Readings for supporting content. Cite your sources and avoid the use of direct quotes. After reading these instructions, replace this blue text with your application and change the font color to black. Vision Thoroughly assess how the vision statement of the corporation influences its overall success. Include the actual vision statement for your chosen company (be sure to quote and cite your source). Consider the key concepts discussed in chapter 1 regarding vision in your assessment of your selected corporation’s vision statement. Do not simply provide a definition of vision or make general statements. Do not simply copy and paste the vision statement. In addition to the actual vision statement for your corporation, your writing must demonstrate that 7 you understand the concept of vision, as discussed in this course, and can assess the impact your corporation’s vision statement has on its overall success. You must consider the various aspects of vision statements discussed in the course and make judgments about their impacts to your selected corporation. The assessment is critical to this assignment requirement. Without an assessment you have not met the requirements. Read chapter 1 as it provides a solid background on vision. Review the Week 1 Learn Reading for supporting content. Cite your sources. After reading these instructions, replace this blue text with your assessment and change the font color to black. Mission Thoroughly assess how the mission statement of the corporation influences its overall success. Include the actual mission statement for your chosen company (be sure to quote and cite your source). Consider the key concepts discussed in chapter 1 regarding mission in your assessment of your selected corporation’s mission statement. Do not simply provide a definition of mission or make general statements. Do not simply copy and paste the mission statement. In addition to the actual mission statement of your selected corporation, your writing must demonstrate that you understand the concept of mission, as discussed in this course, and can assess the impact your corporation’s mission statement has on its overall success. You must consider the various aspects of mission statements discussed in the course and make judgments about their impacts to your selected corporation. The assessment is critical to this assignment requirement. Without an assessment you have not met the requirements. Read chapter 1 as it provides a solid background on missions. Review the Week 1 Learn Reading for supporting content. Cite your sources. After reading these instructions, replace this blue text with your assessment and change the font color to black. 8 Stakeholders Thoroughly evaluate how each category of stakeholder, described in the textbook, impacts the overall success of your selected corporation. Do not Google “stakeholders” or simply provide a definition or list of stakeholders. You must provide an evaluation that demonstrates your understanding of each classification of stakeholders, as described in this course. Hint: See Figure 1.4. Do not write in general terms about stakeholders. Your evaluation must thoroughly and specifically describe how each classification of stakeholders impacts your selected corporation’s success. It is critical that you display your understanding of stakeholder classifications. Without the identification and evaluation of each of the stakeholder classifications, discussed in the course, you have not met the requirements. Read chapter 1 for additional background on Stakeholders and the Classifications, as it provides a solid background that applies to this section. Review the Week 1 Learn Reading for supporting content. Cite your sources and avoid the use of direct quotes. After reading these instructions, replace this blue text with your evaluation and change the font color to black. 9 Sources 1. Michael A. Hitt. 2020. Strategic Management: Concepts and Cases: Competitiveness and Globalization 13th ed. Cengage Learning. 2. Author. Publication Date. Title. Page # (written as p. #). How to Find (e.g. web address) 3. Author. Publication Date. Title. Page # (written as p. #). How to Find (e.g. web address)
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Explanation & Answer

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Business Report

Name
Professor
Institution
Course
Date

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Business Report
Introduction
Apple Inc. is a multinational technology organization that focuses on online services,
computer software, and consumer electronics. Apple Inc. began as an organization based in
America but nowadays, it operates in the international market. Apple products are developed to
reduce the effect on the planet by maximizing its strength and performance. Like other
companies, Apple also faces competition in the industry, but its considerable market share helps
conquer the market. The organization's management and leadership emphasize on application of
new technologies in the world. Thus, this brings in the primary focus of this paper, which is to
discuss how globalization and technology impact the organization, industrial and resource-based
model, how success is influenced by vision and mission statement, and how stakeholders impact
the company's success.
Impact of Globalization and Technology Changes in Apple
Globalization and technology changes have affected Apple Inc and how the company
performs. When Apple came into the market, it made a $20,000 per week profit. By 2020, the
company had grown and had 165,000 full-time workers and earned a revenue of $270 billion and
$58 billion net income. Apple company has manufacturing firms in various foreign states like
Japan and China. As the company takes manufacturing overseas, it assists in promoting
efficiency and lowering costs (Lu, & Lu, 2017). Apple manufactures upstream vital parts and
components in Southeast Asia and China, which helps the organization save the cost of
production as the labor cost is low.
Through globalization, Apple is allowed to use other nations for the final assembly
production of their goods. Hence, to increase revenue, the organization is planning to raise

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production in other states. For example, the company may prefer taking India for all these
operations as the country has a labor wage that is 25% that of China. The global market
efficiently boosts Apple's performance, as revealed by the earnings it got from the first quarter of
2019. Apple's introduction of other services such as Apple Arcade, Apple Music, AppleCare, and
iCloud has enhanced its improvement in technology that allows users to have entertainment.
Thus, this also earns the organization the revenue it needs. Globalization also leads to reduced
production and increased sales for Apple Inc. The company can have more branches in other
countries to distribute the products, and the quality of their goods enhances the increased sales.
The impact of technological changes on Apple can be explained through the outcomes of
their inventions and the knowledge they have about the market. In this regard, Apple produces a
new version of their phone every year with new features that make consumers prefer having
Apple products. The company also knows that consumers like their products, and they use this
knowledge to increase their sales and customer base (Pattuglia & Amoroso, 2019).
Advancements bring the viability of the company's value in technology, and this makes the
organization ensure it maintains innovation as their priority to beat the competition.
Industrial Organization Model and the Resource-Based Model to determine how the
corporation could earn above-average returns
Apple can raise its earnings by using resource-based, organizational, and industrial
models. The organization's worldwide presence is essential in improving its performance by
providing unique goods and services to consumers in various parts of the world. The economic
theory of the industrialization model acts as a crucial tool that Apple can apply if it wants to
enjoy above-average returns. The leadership and management of the company know what
strategies can be required for higher performance, how the industry performs, and the

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competitive environment. The theory is applicable in defining market competition, anti-trust
policies, regulatory policies, and firm behavior (Hutahayan, 2020). In this regard, when Apple
applies this theory, it would assist them in encouraging global presence and innovation and
developing organizational structure.
The corporate organization structure assembles interconnectedness, resources, and
workforce groups to develop an environment that can adapt to the new technology. Apple can
apply newer competitive advantages and capabilities to enhance product design that provides
competitive products and creative innovation (Donnellan & Rutledge, 2019). According to the
resource-based model, resources are the driving forces of performance as the model has to avail
to appropriate resources required in production. Apple Inc can apply the model by channeling its
resources to specific areas that can develop a competitive advantage over the competitors.
How vision statement and mission statement influence success of Apple
Apple's mission is to use software, services offered, and innovative hardware to bring the
best user experience to their customers. The organization ensures the stakeholders know about
how it reduces excellent products to fit in the world market. The mission and vision statement
can influence the company to achieve short-term and long-term goals. For example, ensuring the
quality products offered to customers can bring the best user experience. High-end consumers
are attracted by the organization's innovative hardware, which is luxurious and highly valuable.
When the company produces beautiful products, it shows its focus on user experience (Gardere,
Sharir & Maman, 2018). A clear mission statement indicates how the company can determine the
primary stakeholders who make their growth process quick.
Apple's vision statement focuses on making the best products globally and leaving the
planet a better place than it was before. Apple Inc. can apply its vision statement to maintain

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excellent standards, emphasize critical projects, control leading technologies, maintain
simplicity, and enhance innovation. The concept from the vision statement of Apple is essential
as it states the...


Anonymous
Very useful material for studying!

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