External and Internal Environments, business & finance homework help

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Question Description

Assignment 2: External and Internal Environments

Due Week 4

Choose an industry you have not yet written about in this course, and one publicly traded corporation within that industry. Research the company on its own Website, the public filings on the Securities and Exchange Commission EDGAR database (http://www.sec.gov/edgar.shtml), in the University's online databases, and any other sources you can find. The annual report will often provide insights that can help address some of these questions.

Write an eight to ten (8-10) page paper in which you:

Choose the two (2) segments of the general environment that would rank highest in their influence on the corporation you chose. Assess how these segments affect the corporation you chose and the industry in which it operates.

Considering the five (5) forces of competition, choose the two (2) that you estimate are the most significant for the corporation you chose. Evaluate how well the company has addressed these two (2) forces in the recent past.

With the same two (2) forces in mind, predict what the company might do to improve its ability to address these forces in the near future.

Assess the external threats affecting this corporation and the opportunities available to the corporation. Give your opinions on how the corporation should deal with the most serious threat and the greatest opportunity. Justify your answer.

Give your opinion on the corporation's greatest strengths and most significant weaknesses. Choose the strategy or tactic the corporation should select to take maximum advantage of its strengths, and the strategy or tactic the corporation should select to fix its most significant weakness. Justify your choices.

Determine the company’s resources, capabilities, and core competencies.

Analyze the company’s value chain to determine where they can create value using the resources, capabilities, and core competencies discussed above.

Use at least three (3) quality references. Note: Wikipedia and other Websites do not quality as academic resources.

Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions.

Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length.

The specific course learning outcomes associated with this assignment are:

Identify how the six segments of the general environment affect an industry and its firms.

Identify the five forces of competition.

Analyze the external environment for opportunities and threats that impact the firm.

Analyze the internal environment of a company for strengths and weaknesses that impact the firm’s competitiveness.

Use technology and information resources to research issues in business administration.

Write clearly and concisely about business administration using proper writing mechanics.

Tutor Answer

EXMenWriter
School: UIUC

Below is the FINAL paper. Kibndly download and use this one.In case you need something to be rectified, let me know. I promise to change or correct the paper for you. Cheers

Running head: EXTERNAL AND INTERNAL ENVIRONMENTS

Apple Inc. External and Internal Environment
Name
Instructor
Course
Date

1

EXTERNAL AND INTERNAL ENVIRONMENTS

2

Introduction
Apple Inc. is a global technology company based in Cupertino, California, specializing in
designing, developing and selling consumer electronics and computer software. The company is
known worldwide for selling high-end products, including iPhone, iPad, Mac PCs, iPod and
Apple Watch. Founded in 1976 by the late Steve Jobs, the company has grown to become the
world’s largest IT Company in term of revenue and world’s second largest mobile phone maker
(Urien, 2016). The multinational was the US Company to be valued at more than $700 billion.
Since its founding, the company has undergone various peaks and troughs but has still managed
to achieve massive success. The company capitalizes on regular innovation and introduction of
new products to the market.
Elements of the general environment
The general environment of an organization includes all factors beyond an organization’s
influence that can affect the success and operation of a business. Executives of an organization
should assess events and trends in the industry and try to predict their implications to business.
One important tool that executives rely on to understand the general environment and its
implications is the PESTLE analysis, which is an anagram that stands for Political, Economic,
Social, Technological, Environmental, and Legal (Song, Sun & Jin, 2017). The six segment
analysis can also be applied in Apple Inc.’s case. Tax policies, tariffs, the stability of
governments and changes in trade restrictions are examples of political factors. Economic factors
include inflation rates, interest rates, gross domestic product, levels of disposable income,
unemployment rates, among other elements. Social factors, on the other hand, include
demographic and cultural elements, while technological factors include, among others, increase

EXTERNAL AND INTERNAL ENVIRONMENTS

3

in automation and trend in the rate of new product development. Environmental factors include
but are not limited elements such as weather patterns and natural disasters, while legal factors
refer to the laws that affect the operation of businesses, such as employment laws, discrimination
laws, and health and safety regulations.
From the PESTLE analysis, economic and technological factors are most significant factors in
Apple’s general environment.
Economic factors: Apple partners with original equipment manufacturers in China. In the
recent past, China has been experiencing increased labor costs which could affect cost advantage
that the company enjoys (David, Dorn, & Hanson, 2013). Middle-class income has been
stagnating of late in the United States and other developed countries. This may shrink the market
for high-end consumer products. In addition, a strong U.S. dollar may make it expensive to do
business in Asia and Europe.
Technological factors: The main competitors such as Samsung and Google have the
ability and resources to duplicate products manufactured by Apple. It took less than 12 months
for Google to copy Apple Inc. and launch its own payment app known as Android Pay (Urien,
2016). This implies that Apple’s products and services are no longer unique. Also, the growing
use of the mobile gadgets, especially smartphones and tablets is on the rise in this industry. This
means that the demand for Apple’s products may decrease with time. Apple’s OS limits the
variety of u...

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Anonymous
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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