Tuesday, February 25, 2020
Strateguc Management of Apple Inc Assignment Example | Topics and Well Written Essays - 2500 words
Strateguc Management of Apple Inc - Assignment Example The main internal factors that have impacted the functioning of Apple Inc, and the strategic management processes and decisions of the company are discussed as follows. Resources and capabilities of the company: The availability of resources and capabilities including financial resources, physical resources, human resources and other key competencies of the company are major internal deciding factors for the strategic management of Apple Inc. The company is rich in terms of both tangible and intangible resources which act as value adding factors for the technology giant. The cur competencies of Apple Inc. like product designing capabilities, high investments made in fostering radical innovations, breakthrough inventions, highly robust research and development systems act as the key strengths as well as the Critical Success Factors (CSF) of the company. Thus, the business focuses on leveraging on such competencies and resources to create a strategically advanced position for the corpo ration in the global technology industry. The company has also remained highly efficient in product design and development which forms the backbone for the operability of a technological company. Te high investments made in the research and development arenas of the organization also add to the success of the company. The company culture and the shared values within the organization are other important external factors that can negatively or positively impact the growth, success, sustainability and future direction of Apple Inc.
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