PESTEL ANALYSIS Political Factors These factor heavily influences the company’s decision making process. From 2007 to 2009 it is reported that more than a half of sales of their products comes from countries other than America. To reduce their operating cost Apple also spread their product manufacturing to different companies outside America. Cork, Ireland, Korea, China and Czech Republic are some of the other states where Apple placed their company. Bad international relations, wars, terrorism, and public health issues between U.S. and these states might give a negative impact that may damage the Apple Inc. reputation as well as their business process. Therefore, the political relationship between U.S. and the other states will be very important …show more content…
As a result of this products whose creation largely depends on technology usually have a short life cycle due to constant improvements and upgrades or the creation of better products. Apple is highly innovative technology wise and that is why they constantly incur huge costs to maintain their research and development department. Apple installs its own brand operating system, which increases its production cost, on the other hand Dell as its competitor uses Microsoft’s operating system in all of its products. That is why external technological factor will also help apple to plan their new goals to compete with their competitors. (Amalia.D, n.d.) Technology has resulted in the development of the virtual world which Apple applies to develop virtual media. Music market to cyberspace have big roles that influences people to use this virtual world. Their technology has been ingrained in people and has thus become a lifestyle. For example: the launch and popularity resulted in the demise of the Walkman. Environmental …show more content…
This is usually essential since it aims at promoting the well-being of the employees. Therefore, the organization has a duty to its employees by providing suitable working conditions. They live up to this by provides a wide range of application to protect the safety need of workers such as the development of health and safety standards, training more employees to identify hazards and providing safety equipment . Furthermore, the Apple 2013 report illustrates the improvement in Apple research to provide employees a better workplace through the support of social networks, work groups and enhancement of worker-supervisor relationships. Intellectual property law: in most cases technology companies tend to infringe on each other’s patents, by so doing the companies usually suffer through payment of fines. Firms can also lose their public image by such constant practices. Such litigations are very common for the technology savvy companies. As it had been stated earlier, Apple had been ordered to pay Smartflash for infringement of patents. The company was required to part with $532.9
In music, Elvis Presley, The Beatles, Buddy Holly and Marvin Gaye were the most prolific people on the world stage. Marlon Brando, James Dean and Marilyn Monroe ruled the cinematic stage. However, the major highlight of this era was the dawn of technologies involvement in our life. Radio, television and all electronics in general no longer became wants but needs. Once somebody owned one they were aware of everything happening around them, knew what’s hot and what’s not and could be easily persuaded to buy the newest vacuum cleaner model or dress from the shops.
Pestle Analysis Political Factor Eataly operates in global environment with their operation spread all around the globe; the operation of the company is influenced strongly by political situation of the country where they are doing business. As Eataly have flexible policies to adjust in an unstable economy (Reijers & Mansar, 2005). Economic Factors The entire planet has witnessed the economic decline and hence the characteristic of purchasing products has been greatly affected all companies without exception Eataly. In addition, the income level of Europe is relatively uneven which makes some people fail to pay for products offered by the company (Chaffey, 2009).
External Environmental Analysis PESTEL: Apple has a significant presence in the Asian markets in terms of contracted suppliers and through high magnitude of sales. This leaves Apple susceptible to significant political and economic risk both internationally and within the United States. As global economies adjust to political influence, threats of civil unrest and natural global disasters Apple will be affected by exchange rates, unemployment, supply shortages which impact on production costs, and ultimately a downturn in sales (Khan et al. 2015).
A-Four support activities: 1- firm infrastructure and finance : -Strong brand, product, marketplace solution, delivery and support. (brand value from 35$ in 1973 to 10.7 billion in 2014 ). -Empowerment of top management –geographic structure. -Low debt, short term debt 2.9 billion, and long term debt 1.1 billion. Cash in hand 2.2 billion.
For Instance, Apple and Samsung are the dominant companies manufacturing smart phones alongside other players like
Apple Inc., an American multinational corporation was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 197. The headquarters of Apple is located in Cupertino, California and it designs, manufactures and sells consumer electronics, computer software as well as personal computers. (Reference for Businesses) The company's wide range of products and services include the iPhone, iPad, Mac, iPod, Apple TV, a variety of consumer and professional software applications, both the iOS and OS X operating systems, iCloud and several other product accessories. Apple not only offers a variety of mobile communication, media devices and portable digital music players but they provide a variety of related software, services, networking solutions
Apple’s vision Apple 's vision is to create and deliver electronic music and personal computers to individuals, teachers, employees, students, and computers used in government agencies and companies. Apple 's strategy focused on enhancing its ability to design and contribute to its development, It’s easy to use and distinctive design and innovative. Importance of knowledge management in Apple Company Knowledge Management (KM) is a discipline that improves Apple 's ability to better solve problems, adapt, evolve to meet changing business requirements, and survive with disruptive changes.
In this way, the sale of products in world-wide market will increase. • Increased labor costs in China could take away the cost advantage of some Apple products. • Decaying middle-class incomes in some developed countries, including the United States, could shrink the potential market for higher-end consumer goods such as those marketed by Apple. • A strong U.S. dollar could increase exchange rates, making it more expensive for Apple to do business in key markets like Europe and
. STUDY OF ENVIRONMENTAL FACTORS a. PEST Analysis: i. Political: L 'Oreal faced issues in the dermatology branch led by Galderma due to new legislations governing drugs. The EU law affects L 'Oreal and restricts their use of certain kinds of carcinogenic chemicals, such as Phthalates. L 'Oreal is obligated to produce safe products that do not contain any harmful substances.
Further, the growth of the world’s economy was also very slow in 2012 and was expected to be same in 2013-14 as obvious. Apple has been affected by a crisis such as the change in American regional sales for the current year was 9% in 2012-13 compared to 50% of 2011-12, in Europe, 4% in comparison to 31% and in greater China 13% in comparison to 78% (Apple INC, 2012). The unemployment rate in U.S was 7.9 during 2012- 13, 4.1 in China and 4.6 in Japan, was one of the significant causes of the downturn in sales growth (Trading Economics, n.d). Euro crisis, U.S fiscal problems and hard landing of large developing countries will likely continue in the coming couple of years leading Apple to more toughen economic situations (IMF, 2013). Moreover, stringing dollars had also source of problem for Apple product prices, transportation cost and profit margins (Apple INC, 2012).
One of the most commonly used is the PESTLE Analysis which is based on the investigation of the political, economic, social, technological, legal, and ecological factors that surround the country. The analysis aim is to evaluate the aspects that could directly affect the company during its time in a foreign country since these are the factors that could come into play that some may not consider before. This is important because a better understanding of the country’s environment (including political, economic, and cultural aspects) the greater the probability of the product being a success and there is a less risk involved. Yet this among the other aspects previously mentioned form part of a much larger process that the company must
Introduction There are many factors which shape health and safety at work and safety culture is one of them. The purpose of this paper is to explore that factors surround safety culture in an organization. Safety culture can be define as internal and external factors which may impact an organisation negatively or positively. Some of those impact can be influence by management commitment, communication, production service demand, competence and employee representative Hughes and Ferrett, (2009).These internal factors can be portrayed differently in business and organisation because of their agenda-setting. Reason for this is that every company has what it would like to accomplish on a daily basis and some of those internal factors can influence the
The company’s products and services include the infamous iPod, iPad, iPhone, Mac, and Apple TV. Apple has a collection of consumer software appliances, various operating systems, and a variety of other services. (apple.com, 2014). Within this research paper, we will discuss Apple’s internal and external reports along with factual examples to support the reasoning provided. Introduction Apple Inc. is an American international association headquartered in Cupertino, California.
EXECUTIVE SUMMARY EMPLOYEES RETENTION Employee retention means to retain the employees in the organisations and not giving them chance to leave the organisations at any cost. The burly block for any organisations is just not to get the best employees for the organisations, but to also retain them in the organization. There are number of reason because of which an employee leaves or try to quit the job, some of them are: 1.
2.0 PESTEL ANALYSIS A PESTEL Analysis is a marketing framework to analyse how an organisation is being impacted by a wide range of external imperatives. 2.1 Political Local political factor has a less significant impact on Starbucks Singapore due to strong political stability in Singapore. Singapore is consistently ranked as the lowest political risk country in Asia since 2002 (Corrupt Practices Investigation Bureau, 2015). However, the political stability in the global market is highly important as Starbucks coffee is certified as an ethically traded coffee.