Select a U. S. company with global operations. Write a 3-4 page project in which you do the following:
Discuss the firm's activities outside the U.S.
Explain how these economic concepts can be used to address the firm's problems and opportunities?
Identify which economic and political policies affect your firm and explain how they impact business decisions.
How does your firm use technology to strategic advantage?
Discuss the impact of globalization on the firm's cost structure, markets, currency risk, and overall strategy. Be sure to provide a definition of globalization in your answer.
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Explain the macroeconomic and microeconomics concepts and how they relate to the management of a global organization.
Critically analyze and evaluate real-life economic problems and opportunities by applying economic concepts, principles, and theory.
Examine current global economic and political policies and their impact on business decisions.
Recognize situations that present potential ethical and legal issues and develop solutions for those issues.
Discuss the opportunities provided by technology for businesses.
Apple Inc is a US based Multinational Corporation. The company has different business segments throughout the world. Except the Americas, which includes North America and South America, the company has its operating segment in Europe, which includes European countries as well as the Middle East and Africa, Retail that includes Apple owned retail stores throughout the world and other countries include the Asia pacific region. But the US represents the largest geographical market place for the company, covering 57% of total sales. The company manufactures designs and also markets electronic gadgets like portable digital music player, mobile communication devices and PCs; it also sells third party products that include Mac, iPhone and iPods. Apple Inc customers are spread worldwide. Its customers include government, education, SMBs, creative customers and enterprises. The company has different pricing strategies for different countries. The company price its products higher outside US i.e. the product selling price is higher in other country as compared to the US.
The company assembles its final product in Ireland and by external vendors in China, Korea, California and the Czech Republic. At present the company supplies and manufactures its critical components from the US, Japan, China, Thailand, Taiwan, Singapore, Korea, Philippines ...
In this approximately 840 word solution, Apple Inc. is discussed in terms of the company and its various locations and the risks associated with having a global business. Comparative advantage of Apple in the market is also included, along with a discussion on global economic conditions and how this affects the business.