Write A 4-6 Page Academic Research Paper Including Key Eleme
Write A 4 6 Page Academic Research Paper In Which You Include The Foll
Write a 4-6 page academic research paper in which you include the following: Note: The title page and source list are in addition to the 4-6 page requirement. Choose a corporation, identify the two segments of the general environment that have the highest influence on it, and assess how these segments impact both the corporation and its industry. Using the Five Forces of Competition, select the two most significant forces for that corporation, evaluate how effectively the corporation has addressed these forces in the past five years, and predict how it can improve its approach over the next 5-10 years. Support your analysis with relevant, specific evidence, considering external threats and opportunities, including how the corporation should handle its most serious threat and greatest opportunity, substantiated with two pieces of specific evidence. Analyze the company's greatest strengths and most significant weaknesses, and determine strategies or tactics to leverage strengths and mitigate weaknesses, backed by specific evidence. Assess the corporation’s resources, capabilities, and core competencies, supporting your discussion with at least three credible sources besides your textbook. Use appropriate citations for each source mentioned. Make sure your writing is clear, well-organized, and adheres to Strayer Writing Standards, with correct grammar, mechanics, and spelling.
Paper For Above instruction
Choosing a corporation for strategic analysis requires careful consideration of industry influence and internal capabilities. For this paper, Apple Inc. will be used as the subject organization to examine external environmental influences, competitive forces, external threats and opportunities, internal strengths and weaknesses, and resource-based strategies. Apple’s innovative products and brand loyalty are pivotal resources, placing the company at the forefront of the technology industry. This analysis aims to provide a comprehensive understanding of the external factors impacting Apple and how it can optimize its competitive stance moving forward.
The external environment exerts substantial influence on Apple’s strategic choices. Among various segments of the general environment—such as economic, technological, socio-cultural, demographic, political/legal, and ecological—the technological and socio-cultural segments likely hold the highest impact on Apple’s operations and industry positioning. The rapid pace of technological change continually reshapes product development, marketing, and consumer expectations, requiring Apple to innovate continually to maintain its competitive edge (Porter, 2008). Simultaneously, socio-cultural trends influence consumer preferences, brand perception, and demand for privacy and sustainability—areas where Apple has invested heavily in recent years (Johnson, 2020). These segments impact Apple’s decision-making processes, product lines, and marketing strategies, as the company must adapt swiftly to technological advancements and changing societal values.
Applying Porter’s Five Forces of Competition provides insight into the strategic challenges Apple faces. The two most significant forces for Apple are the threat of new entrants and the bargaining power of suppliers. Over the past five years, Apple has effectively managed the threat of new entrants through high entry barriers associated with substantial capital requirements, proprietary technology, and brand loyalty (Johnson et al., 2017). However, emerging competitors with innovative business models and lower-cost alternatives continue to challenge Apple’s market dominance. To enhance its resistance to new entrants, Apple could increase investment in ecosystem lock-in strategies, such as services and complementary products, to reinforce consumer retention.
Regarding the bargaining power of suppliers, Apple’s extensive supplier network gives it some leverage but also exposes it to supply chain risks. Apple has made significant efforts to diversify suppliers and invest in supply chain resilience, yet tensions with suppliers over costs and ethical practices persist (Gereffi, 2021). To better address this force, Apple could strengthen strategic partnerships with key suppliers, develop alternative sourcing strategies, and further invest in supply chain transparency—helping to mitigate risks and negotiate more favorable terms.
Externally, Apple faces threats such as regulatory scrutiny concerning privacy, antitrust issues, and supply chain disruptions due to geopolitical tensions. Conversely, opportunities include expanding services, wearables, and entering new markets such as health technology. The company’s most significant external threat is regulatory pressure, which could hinder product innovations and increase compliance costs. To combat this, Apple should proactively engage with regulators and prioritize privacy and data security to maintain customer trust and avoid legal challenges. The greatest opportunity lies in leveraging service growth—such as Apple Pay, iCloud, and subscription services—to generate recurring revenue streams. Apple should accelerate investments in these areas to capitalize on digital monetization trends.
Apple’s core strengths encompass its innovative product design, robust brand loyalty, and integrated ecosystem. Its weaknesses include dependency on iPhone sales for revenue and limited market share in emerging markets due to high prices. To maximize strengths, Apple should continue to focus on innovation and ecosystem development, integrating hardware, software, and services seamlessly. To address weaknesses, diversifying product lines further and developing more affordable options for emerging markets can enhance global market share (Hitt et al., 2017). Strategic partnerships and localization initiatives could also mitigate issues related to market penetration.
Assessing Apple’s resources, capabilities, and core competencies reveals a company with superior technological expertise, strong brand equity, and a highly integrated supply chain. These capabilities support its ability to innovate rapidly and deliver premium products. According to Barney (1991), sustaining a competitive advantage requires resources that are valuable, rare, difficult to imitate, and organizationally embedded—criteria that Apple meets (Barney, 1991). To maintain its core competencies, Apple should continue investing in R&D to sustain technological leadership and explore new markets to diversify its revenue sources. Additionally, improving supply chain agility and enhancing service platforms will further capitalize on Apple’s resource strengths to sustain competitive advantage.
References
- Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99-120.
- Gereffi, G. (2021). Supply chain resilience and diversification strategies. Harvard Business Review.
- Hitt, M., Ireland, R., & Hoskisson, R. (2017). Strategic Management: Concepts and Cases. Cengage Learning.
- Johnson, G., Scholes, K., & Whittington, R. (2017). Exploring Corporate Strategy. Pearson.
- Johnson, L. (2020). Privacy and sustainability trends shaping consumer behavior. Journal of Consumer Psychology, 30(2), 207–221.
- Porter, M. E. (2008). The five competitive forces that shape strategy. Harvard Business Review, 86(1), 78-93.