Effects Of Market Globalization On Apple Inc
Mar 13,23Question:
Discuss About the Effects Of Market Globalization On Apple Inc.
Answer:
Introduction
Globalization is crucial as it brings about various benefits coupled with the challenges. There is the established part which forms an important part considering the global economy. The development of the newer technologies with respect to the various aspects tends to bring about the significant change (Marrero, 2018; Chutka & Kramarova, 2020). The globalization aids the companies to stretch far and look beyond the domestic market. Apple Inc. has benefitted in a considerable manner with respect to the deployed globalization.
The market globalization has made a difference and the business operations can be widely be performed with the benefits attained to the core. There are new regions of communication which can be well be explored with the market globalization. The effect is positive and the companies do tend to benefit from the various strategies that are being deployed as part of the market globalization (Marrero, 2018; Chutka & Kramarova, 2020). The globalization tends to impact in several ways. Primarily, the impact can be well studied with respect to the opportunities to explore and expand. The benefits for Apple Inc. includes the access to the newer cultures and the spread of the technology coupled with the innovation. There are the lower cost of the products that Apple Inc. can well benefit from.
The developing nations do experience the improved standard of living. With the market globalization in place, the trend is based on enhancing the sustainability too. The millennium development goals are also being taken into consideration (Marrero, 2018; Chutka & Kramarova, 2020). The reduction due to the environmental harm forms a crucial part of the globalization. The minimization of the environmental exposure and the application of the policy is in various arenas. The exposure to the toxic material also leads to the implementation of the globalization in case of Apple Inc.
The market globalization in case of Apple Inc. has also brought out the access to the new talent with the challenges attributed to the International Recruiting. The 30% of the UK Tech leaders have brought about the concern with respect to the companies and the start-ups that they are handling. The interviews with the candidates who are from varied cultural backgrounds raises the concerns. The development of the newer technologies with respect to the various aspects tends to bring about the significant change (Marrero, 2018; Chutka & Kramarova, 2020). The globalization aids the companies to stretch far and look beyond the domestic market. The payroll and compliance challenges are also an impact felt due to the market globalization. As Apple Inc. operates in the various countries, the trade laws and the regulations along with the policies vary considerably from one place to another.
The role played by Apple Inc. in case of the International trade is highly commendable. The manufacturing company has already taken the business operations out of the domestic lands. The overseas productions taking place for the company has the benefits with the reduction of the costs and the improvement of the efficiencies in a considerable manner. At the same time, the globalization tends to impact in several ways (Marrero, 2018; Chutka & Kramarova, 2020). Primarily, the impact can be well studied with respect to the opportunities to explore and expand. The benefits for Apple Inc. includes the access to the newer cultures and the spread of the technology coupled with the innovation. The minimization of the environmental exposure and the application of the policy is in various arenas (Marrero, 2018; Chutka & Kramarova, 2020). The identification of the priority objectives and the belief that the forum well has the aligned activities is important. The priority of the objectives considers the promotion of the globalization model along with the various practices.
Apple Inc. has currently heavily weighted in China for the assembly manufacturing. There are various Government regulations that are challenging and the tariff rates in China for Apple Inc. are worth considerable. This well leads the Apple Inc. to be at a significant disadvantage. The rise in the tariff with the competition for the labor poses a challenge that needs to be well understood. At the same time, the globalization tends to impact in several ways. Primarily, the impact can be well studied with respect to the opportunities to explore and expand. The Apple Inc. is trying to vary the current practices and trying to bring about the deployed strategy with the creation of greater amount of jobs in the United States (Marrero, 2018; Chutka & Kramarova, 2020). This brings a variation in the already practised strategies based on market globalization. The creation of the jobs has been immensely growing in the homeland. The contribution of Apple Inc. development of the newer technologies with respect to the various aspects tends to bring about the significant change (Marrero, 2018; Chutka & Kramarova, 2020). The globalization aids the companies to stretch far and look beyond the domestic market. The effect has been positive and the United States looks at the growing job market to contribute to the community in a better manner.
Conclusion
The current strategy of Apple Inc. is based on the short term goal. The company has benefitted in the past due to the strategies of market globalization. There are new regions of communication which can be well be explored with the market globalization. The effect is positive and the companies do tend to benefit from the various strategies that are being deployed as part of the market globalization. The globalization tends to impact in several ways (Marrero, 2018; Chutka & Kramarova, 2020). Primarily, the impact can be well studied with respect to the opportunities to explore and expand. The reduction due to the environmental harm forms a crucial part of the globalization. The minimization of the environmental exposure and the application of the policy is in various arenas (Cheng, 2020). The exposure to the toxic material also leads to the implementation of the globalization in case of Apple Inc. The interviews with the candidates who are from varied cultural backgrounds raises the concerns. The development of the newer technologies with respect to the various aspects tends to bring about the significant change. The globalization aids the companies to stretch far and look beyond the domestic market (Marrero, 2018; Chutka & Kramarova, 2020). The payroll and compliance challenges are also an impact felt due to the market globalization. The overseas productions taking place for the company has the benefits with the reduction of the costs and the improvement of the efficiencies in a considerable manner. At the same time, the globalization tends to impact in several ways. Primarily, the impact can be well studied with respect to the opportunities to explore and expand (Marrero, 2018; Chutka & Kramarova, 2020). The benefits for Apple Inc. includes the access to the newer cultures and the spread of the technology coupled with the innovation (Marrero, 2018; Chutka & Kramarova, 2020). The minimization of the environmental exposure and the application of the policy is in various arenas. The identification of the priority objectives and the belief that the forum well has the aligned activities is important.
References
Chutka, J., & Kramarova, K. (2020). Usage of P/E earning models as a tool for valuation of shares in condition of global market. In SHS Web of Conferences (Vol. 74, p. 01007). EDP Sciences.
Cheng, P. The importance and necessity of market structure management in the process of globalization.
Marrero, A. G. (2018). The Rise of Apple Inc. Journal for Global Business and Community, 9(1).
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