Use The Attached Template To Complete The Assignment

Use The Attached Template To Complete The Assignmentstrategic M

Please Use The Attached Template To Complete The Assignmentstrategic M

Choose one public corporation in an industry with which you are familiar. Research the company on its own website, the public filings on the Securities and Exchange Commission EDGAR database, the University's online databases, the Nexis Uni database, and any other sources you can find. The annual report will often provide insights that can help address some of these questions.

Write a four- to six-page paper in which you do 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.

Go to Basic Search: Strayer University Online Library and locate at least three quality references.

Note: Wikipedia and similar Websites do not qualify as academic resources. Use the Assignment 1 Template [DOCX] to ensure that your assignment meets the above requirements. Your assignment must follow these formatting requirements:

- This course requires use of new Strayer Writing Standards (SWS). The format is different than other Strayer University courses. Please review the SWS documentation for details.

- Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow SWS 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 assignment page length.

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 success.

Grading for this assignment will be based on answer quality, logic and organization of the paper, and language and writing skills, using the scoring rubric.

Paper For Above instruction

The examination of a corporation within the context of globalization, technological advancement, strategic models, vision and mission statements, and stakeholder influence provides a comprehensive understanding of its success prospects. For this paper, I have selected Apple Inc., a leading technology company renowned for its innovation, brand loyalty, and diverse product portfolio. This analysis explores the impacts of globalization and technology, applies strategic frameworks, and assesses internal and external factors contributing to Apple’s sustained competitive advantage.

Impact of Globalization and Technology

Globalization has significantly shaped Apple’s growth trajectory, allowing it to expand its operations and customer base worldwide. Through global supply chains, Apple sources components from various countries, reducing costs and enhancing operational efficiency (Lasserre, 2017). Additionally, globalization has facilitated the company's market penetration in emerging economies where the middle class is expanding rapidly (Ghemawat, 2018). Technology advances have further bolstered Apple’s innovation capabilities, from designing user-friendly software to developing cutting-edge hardware like the M1 chip. The pervasive internet infrastructure and mobile connectivity have enabled Apple to deliver seamless customer experiences via its online stores, App Store, and services like iCloud.

Applying Strategic Models for Above-Average Returns

The industrial organization (I/O) model emphasizes external industry factors impacting profitability. Apple's industry—consumer electronics—has high entry barriers, brand loyalty, and economies of scale that create a competitive moat (Porter, 1980). The resource-based view (RBV) highlights Apple's unique resources, including its brand reputation, ecosystem integration, proprietary technology, and innovation talent, which are difficult for competitors to imitate (Barney, 1991). By leveraging these internal resources and understanding industry structure, Apple can maintain above-average returns through continuous innovation, premium pricing, and expanding services (Hitt, Ireland, & Hoskisson, 2017).

Influence of Vision and Mission Statements

Apple’s vision statement, “to make the best products on earth and to leave the world better than we found it,” underscores its commitment to quality and social responsibility, fostering consumer trust and loyalty (Apple Inc., 2023). Its mission, “to bring the best user experience to its customers through innovative hardware, software, and services,” aligns with its strategic priorities focused on innovation and customer satisfaction. These statements inspire employee engagement, guide strategic decision-making, and reinforce Apple’s brand identity, ultimately contributing to its market leadership and financial performance.

Stakeholder Impact Analysis

Stakeholders—including customers, employees, suppliers, shareholders, and governments—play crucial roles. Customers drive revenue, and their demand for innovative and high-quality products propels Apple’s R&D efforts. Employees contribute through creativity and productivity; Apple invests in talent development to sustain innovation (Kanter, 2011). Suppliers enable efficient manufacturing; maintaining good relations and ethical sourcing are vital for operational stability. Shareholders seek returns; Apple’s focus on profitability and dividend payments attracts investment. Governments influence regulation and trade policies; Apple actively engages in compliance and advocacy to mitigate risks. The collective influence of stakeholders creates a supportive environment that sustains Apple’s success.

Conclusion

In conclusion, Apple Inc.’s ability to adapt to globalization and technological changes, supported by robust strategic models and clear vision and mission, underpins its competitive advantage. Stakeholder engagement further enhances its capacity for innovation and operational excellence. Through these interconnected factors, Apple continues to thrive as a leader in the technology industry, exemplifying how strategic management practices facilitate sustainable success.

References

• Apple Inc. (2023). Annual report. https://www.apple.com/investor/
• Barney, J. (1991). Firm resources and sustainable competitive advantage. Journal of Management, 17(1), 99-120.
• Ghemawat, P. (2018). Redefining globalization: Implications for business strategy. Harvard Business Review, 96(3), 16-17.
• Kanter, R. M. (2011). How great companies think differently. Harvard Business Review, 89(11), 58-69.
• Lasserre, P. (2017). Global strategic management. Palgrave Macmillan.
• Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2017). Strategic management: Competitiveness and globalization. Cengage Learning.
• Porter, M. E. (1980). Competitive strategy. Free Press.