Part 3 of Apple Paper Weeks 3, 4 and 5 Individual Assignments are integrated to generate a Strategic Management Plan

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Business Finance

Description

Purpose of Assignment

Weeks 3, 4 and 5 Individual Assignments are integrated to generate a Strategic Management Plan. This is part three of the three part Strategic Management Plan addressing strategy implementation, evaluation and control. The purpose of the Week 5 individual assignment is to allow the student to discuss and explain how the strategies discussed in prior weeks are converted into implementation activities both domestically and internationally, in alignment with legal, social and ethical considerations. Furthermore, the student has an opportunity to explain and discuss how the strategic plan and implementation activities will be monitored.

Weeks 3, 4, and 5 Individual Assignments are integrated to generate a Strategic Management Plan. This is Part 3 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:

  • Strategy Implementation
    • Discuss International Strategy.
    • Discuss Strategic Implementation.
    • Explain the influence of Governance and Ethics.
    • Discuss the Company Social Value.
    • Discuss Innovation and Diversification.
    • Discuss Legal limitations.
  • Evaluation and Control
    • Explain Strategic Metrics.
    • Discuss Key Financial Ratios.

Cite at least 3 scholarly references.

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Explanation & Answer

Attached.

Running head: STRATEGIC PLAN AND IMPLEMENTATION ACTIVITIES

Strategic Plan and Implementation Activities: Apple Inc.

Name

Institutional Affiliation

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STRATEGIC PLAN AND IMPLEMENTATION ACTIVITIES

2

Strategic Plan and Implementation Activities: Apple Inc.

Strategy Implementation

International Strategy.
Apple Inc. holds the leading position among world’s valuable companies with a streamlined
global strategy. Apple has taken a purist approach to the global concept with a one-size fits all
strategy. The company has a standardized design across regions, offers a similar range of
products for all countries with not visible customization; a concept referred to as localization.
There exists certain benefits that Apple enjoys from standardization (Chuang, Morgan, &
Robson, 2015). The company has succeeded in establishing a global brand that enjoys a strong
identity. One of the underlying factors for success as a global brand is cultural understanding.
Apple’s business strategy globally is founded on the understanding of the common-ness of
human. The company has taken an intuitively obvious approach to design and customer care that
has created an unprecedented customer loyalty and attachment (Chuang, Morgan, & Robson,
2015). Apple’s choice to refrain from adapting products to local culture is based on the company
brands being a culture that is embodied by customers. Apple has in turn succeeded as a powerful
brand that elicits a powerful and positive emotion.

Strategic Implementation

Apple Inc. has undoubtedly garnered success as one of the most visible brands globally. The
company’s success can be credited to the visionary leadership of Steve Jobs coupled with the
strategic goal that places emphasis on design and the willingness to create new products by

STRATEGIC PLAN AND IMPLEMENTATION ACTIVITIES

3

capitalizing on market expectations (Chuang, M...


Anonymous
I was struggling with this subject, and this helped me a ton!

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