Saturday, February 29, 2020

Apple strategic management

Apple strategic management INTRODUCTION In the 20th century, there was marketing resolution in the computer technologies; Apple Company was the top of the list who took all responsibility for establishing in 1970. Apple computer, inc. is larger company in producing the personal computer industry as well and the company toward fame during the 1980s. Apple Company has many products like manufactures, and marketing personal computers, software, and peripherals, concentrating on lower-cost, uniquely designed the iMAC and power Macintosh models. History of founder and the company:- Apple was founded in 1976 by Steve Wozniak, and their partnership began several years before when Wozniak, they were talented, self taught motivated electronics engineer, building boxes which allowed him to make long distance phone calls for free. And some of such type of boxes sold out. Principal competitors:- Apple was introduced its technologies at the same time periods the dell computer, Compaq company and Microsoft corporation laun ched their products so apple felt them as a competitors in advanced technology. So company has decided to change in strategy for the few years and took this hard time for several years. Principal subsidiaries:- Apple computer got fame geographically in the globe as in Ireland, UK, Japan, and Netherlands. This was the greatest achievement for the Apple group. Technology Analysis:- Apple is recognized for designing the marketing and manufacture personal computers and with the portable digital music players, software and related accessories. Third party videos and audios products are also marketed by the company and dealing with in terms of its services. The strong branded image is the key factor for Apple and its product has a command to sale the premium price. (Datamonitor, 2008) The recently, Apple’s products iPod and iTunes have great success growth in its sector. Users are allowed to legally buy and download all videos and music online. Information Gathering:- Sources are easily collected, as Apple Company published the large amount of data, available on the company websites. Some helpful data was accumulated by published annual reports. Rest for data was found without any trouble from including journals, Coventry university websites, and private website EBSCOHOST. Strategic capabilities Organization with strategic capabilities becomes a leading icon in strategic development when they start exploiting and expending their capabilities in such an innovative way it becomes difficult for other competitors to compete or to produce new market opportunities. e.g. Apple has always been using its leading IT knowledge in introducing every new product with revolutionary IT techniques to capture new market. â€Å"Strategic capabilities can be defined as the adequacy and suitability of the resources and competences of an organization for it to survive and prosper.† Johnson, Scholes Whittington (2006) p. 117. Competitive Advantage Organization which sustain s its profit upon its rivals, then company is said to be possessing competitive advantage. The main purpose of business strategy is to maintain that advantage on opponents. Competitive Advantage Model Resources A company’s specific valuable asset which can be used to get unique advantage and the rivals has easy access to same type of sources as well. The following are two main types of resources

Thursday, February 13, 2020

Primary Drawbacks of Net Present Value as Capital Budgeting Technique Assignment

Primary Drawbacks of Net Present Value as Capital Budgeting Technique - Assignment Example This entire process has multiple loopholes, for instance the uncertainty that is prevailing when it comes to estimating future cash flows of that investment opportunity is high enough to put this technique under scrutiny. Next loophole is regarding the discount rate that is used to reach the present value of a cash flow. Again the accuracy of discount rate used is of critical importance in determining the correct value of the cash flow’s present value. This makes NPV value dependent or sensitive to the value of discount rate and forecasted cash flows. Third loophole that is pretty much evident from the assessment of this tool is that this tool takes into account information that is present at the time of decision making, thus it does not take into account changes in the initial conditions of an investment opportunity. The fourth loophole that can be seen is that this tool is only applicable when projects being assessed are tangible and quantifiable. And in reality firms undert ake certain projects that are aimed at enhancing the brand equity, such projects are out of the scope of NPV (Kent & English, 2011). Question # 2: Comparison of Net Present Value and Internal Rate of Return: This tool or technique is another capital budgeting technique. IRR is the discount rate that turns the net present value of forecasted cash flows from an investment opportunity equal to zero. ... A decision regarding a particular investment opportunity that is based on NPV technique will find itself under scrutiny when assessed using IRR technique. While this fact is not true for independent projects where both techniques will yield similar results, but when it comes to mutually exclusive projects (one project or the other) these tools do not yield a consistent result. The reason behind this conflict is that the set of investment opportunity that is being assessed consists of projects that vary in their size and timings of their future cash flows (Helfert, 2004). So it is clear that if a company is deciding between two investment opportunities, it will encounter a problem when it is using NPV and IRR to assess the value of these investment opportunities for the company. In this conflicting situation the company shall have to decide whether it will make its decision based on NPP or IRR (Helfert, 2004). Question # 3: Avenues to raise equity for a Profit Driven Firm: A profit dr iven firm, if assumed to be a corporation, has multiple options at its disposal to raise new equity capital. The first option that it has is to go to its existing shareholder for additional capital. The second option it has is to add more shareholders into the company by offering new share in the primary market. The third option available to a profit driven firm is that it can seek help from a venture capitalist firm; again this will be in exchange for some portion of the company’s equity. The fourth option available to the company is that it asks a bank for a loan in return for interest payments. These mentioned options are most suited to meet the company’s short-term capital requirement

Saturday, February 1, 2020

George cantor. infinite numbers Essay Example | Topics and Well Written Essays - 1000 words

George cantor. infinite numbers - Essay Example Cantor had the passion of becoming a mathematician and in 1862; he joined University of Zurich (Putnam, 10). Cantor later moved to the University of Berlin following the death of his father. Here, he specialized in mathematics and physics and this institution gave him the chance to interact with great mathematicians such as Weierstrass and Kronecker bringing him closer to his career as a mathematician (Putnam, 12). After graduating from the university, he ended up becoming an unpaid lecturer since he could not secure himself a stable employment. In 1874, he got a position as an assistant professor at the University of Halle. It is in this same year that he married. His intensive research and analysis in mathematics had not ended yet and it is during this same year that he published his first article on set theory. In his research on set theory, Cantor dug deep into the foundations of infinite sets, which interested him most. He published a number of papers on set theory between 1874 and 1897 and come to the end of 1897; he was in a position to prove that integers in a set contained equal number of members to those contained in cubes, squares and numbers. He also provided that the counts/numbers in a line which is infinite needs to be equal to the points in a line segment in addition to his earlier statement that values which cannot be used as solutions to algebraic equations such as 2.71828 and 3.14159 in transcendental numbers will be extremely bigger than their integers. Before these provisions by him, the subject of infinity used to be treated as revered. Such a view had been propagated by mathematicians such as Gauss who provided that infinity should only be used for speaking purposes as opposed to being used as mathematical values. However, Cantor opposed Gauss’s argument saying that sets are complete number of members. In fact, Cantor went ahead and termed infinite numbers to be transfinite and as a result came up with completely new discoveries (J oseph, 188). Such discoveries saw him promoted to be the professor in 1879. Kronecker opposed Cantor’s argument on the basis that only â€Å"real† numbers may be termed to be integers terming decimals and fractions as irrational with the interpretation that they were not elements of consideration in mathematics’ business. However, some other mathematicians such as Richard Dedekind and Weierstrass supported Cantor’s argument and responded to Kronecker proving to him that Cantor was actually right. Kronecker’s opposition did not stop or delay Cantor’s work and in 1885, he extended his theory of order types and cardinal numbers in such a way that his previous theory on ordinal numbers gained some special importance. The extension was followed by the article he published in 1897 that marked his final treat to the theory of sets. As a conclusion, Cantor elaborated on the operation of set theory. He provided that if X and Y are unique sets which a re equivalent to a subset of Y and Y is equivalent to a subset, say subset X, then X and Y must be equivalent. This provision on set theory received great support from many mathematicians such as Schrat and Bernstein, making it the most prominent and his greatest contribution to mathematics. Following this provision, Cantor’s work and contribution in mathematics went down and almost ceased.