Competitive Advantages And Life Cycle Of Apple Research Paper

2287 words - 10 pages

ECON2014
With the expanding of economic globalization, a significant change that has occurred across the world in recent years is the rapid growing of economy integration and the increasing interdependence of national, regional and local politics. In the past, Multinational trade and cooperation were a quiet rare occurrence, whereas in these years it has become quite commonplace due to the increase in communication between countries. This change is borne out clearly as the consequence of the emergence of a large number of well-known multinational trade companies, such as Microsoft, Samsung and Apple. In this essay, Apple which is the typical multinational trade company will be analyzed and focused on 3 aspects by firstly specifying a distinct product of Apple and then analyzing the stage of a product cycle that Apple is currently operating, as well as identifying some competitive advantages Apple have. Secondly, analyzing the type of the market structure in which Apple operates and listing some potential barriers to entry. Lastly, i will analyze a pricing strategy on the chosen product. Besides, I will identify whether Apple use any price discrimination methods and recommend some possible potential modifications of their pricing strategy to maximum the product profit.

As it’s known that Apple is a multinational company and its consumer electronics products are one of the best-known and used widely products in the world, for instance, iPhone, Mac and iPod. In this essay, the consumer electronics product iPhone will be the chosen product that is focused on. According to Patty(2012), every new product will go through four stages in the whole product life from introduction, growth, maturity to decline. Company will begin with the the ‘introduction’ stage by starting to build the awareness of new product and develop the market of new product. During this stage, the market size of product is relatively small and costs are pretty high as a result of quiet small scale of production. Moreover, Andri(2017) also mentioned that the company usually doesn’t take any international activities in this stage. Then, company will have ‘growth’. With the benefit from economies of scale in production, the costs can be reduced which results in a significantly growth in sales. This is followed by ‘maturity stage’, the product can be well established and widely accepted. Johan, Erik and Mats(2009) figured that company may get the peak of the sales of product, whereas the growth rate of product will decline during this stage. Furthermore, Patty(2014) also mentioned that as a lot of similar products appearing and competitors entering the market, the competition increases. And this stage is probably the most competitive period. After that, as consumer changing, the sales will begin to decline. And this is the final stage of product life cycle. Therefore, iPhone also has four stage of its life cycle. And now it seems to go through almost half stage of its product life...

Find Another Essay On Competitive advantages and life cycle of Apple - Research Paper

Advantages And Disadvantages Of Qualitative Research And Briefly Quantitative Research

1169 words - 5 pages advantages and disadvantages of qualitative research and briefly quantitative research.This essay will initially present the advantages and disadvantages of qualitative research and briefly quantitative research. It will then go on to critique a qualitative research article yet due to the word count only several factors of this will be critiqued and the article is by Wills' et al (2005). Later it will consider the use of the research paper

Advantages or disadvantages of sports for students - Research Paper

459 words - 2 pages life of us from numerous points of view. It shows us teach and coherence in the work to get the objective. It keeps us fit both physically and rationally and consequently socially, inwardly, mentally and mentally. It is most ideal method for excitement and think the psyche in such a dirtied and pressurized condition where everybody winds up noticeably prepared to give strain and make issues for other one. It improves the fixation level and memory power and fills the brain with positive considerations.

Product Life Cycle Analysis For The Apple Ipod

1616 words - 6 pages that seems to be everywhere you look. For the past years we have seen how APPLE Computers Inc. has not only introduced the Ipod into the market for music players, but created the new must have pop icon. The following is a brief analysis of the product life cycle of iPods. iPods were first introduced to in 2001 and has since grown into a recognized cultural symbol. Designed and marketed by Apple Computer, iPod is a brand of digital audio/video

The Life and Legacy of Frederick Douglass - Research Paper

581 words - 3 pages stated in “Frederick Douglass,” Frederick Augustus Washington Bailey was born around 1818 in Talbot county, Maryland. “The exact year and date of Douglass’s birth are unknown, though later in life he chose to celebrate it on February 17” (“Frederick Douglass”). He spent most of his childhood in slavery. His mother sadly died when he was ten (“Frederick Douglass”). Slaves received very little while on the plantation. Adults only received eight

Life Cycle of a Star

1308 words - 5 pages life cycle comes death. While humans and stars die for differential reason and ways, humans and stars follow the same pattern, but just with different details. All things have a life cycle of creation, life, and dying, including the stars. A star's birth starts with a interstellar cloud. A interstellar cloud, or a interstellar medium, is a cloud made of hydrogen gas and dust. Also, the interstellar cloud is a filled space between the other

Advantages and Disadvantages of E-books and Paper Books

2353 words - 9 pages Advantages of E-books Versus Paper Books With advances in digital technology, there is increasing popularity of reading electronic books over traditional paper books. For example, ebooks now outsell traditional ones on Amazon. Although paper books still have tremendous values and have own market niche, as evident from the number of books placed on shelves at various retailers, e-books will be the trend of text publishing going forward

Life of a WWI veteran - Research paper

2273 words - 10 pages SELWYN RICHARD NOALL At School Selwyn Richard Noall was born in January of 1894, to mother Mary Catherine Noall and father Alfred John Noall. Selwyn grew up in Brighton for the start of his life. It’s documented that Selwyn began his child hood attending a school on Black Street Brighton, no name of the school was recorded. Selwyn then attended Brighton Grammar from 1903-1908. The only motive that would’ve cause Selwyn to change school

Business Analysis of Apple Inc. - Woodshire High School/ English - Research Paper

2455 words - 10 pages company did not apply the strategy of cost offering relatively low prices like many other companies did during the recession; instead Apple Inc. used the cost optimization strategy. The company used its research and development department to come up with innovative ways that helped the company to survive economic downturn (Finkle & Mallin, 2010). New innovations in the computer industry gave the competitive long-term advantage to the company. Such

Biased Standards of the Apple App Market. - FTCC ENG 111 - Research Paper

1893 words - 8 pages Martin 6 Ramon Martin Mrs. Page ENG 111.1301 22 February 2015 Profit, Biased Standards, and Indirect Manipulations of the Apple Market. Being a Pulitzer Prize winner brings fame, money, respect, and is one of the biggest accomplishments in a writer’s life. Having won said prize is a world-renowned recognition of your hard work, an ultimate proof of your words being worthy. In case of Mark Fiore, a journalist who have recently won a Pulitzer, his

Describe the main features of qualitative research and compare the advantages and disadvantages with experimental research

1575 words - 6 pages IntroductionThis essay describes the main aspects of relativist qualitative research in social psychology. Generalised comparisons will be considered between the methodology of relativist qualitative and experimental research, reflecting their different epistemology's (what can be known about human behaviour), via issues of validity, reliability and generalisability.In accordance with a logical positivist epistemology, experimental researchers

Understanding Product and Process Life Cycle

2643 words - 11 pages respectively initiation, expansion, and maturity (Meredith & Shafer, 2013, p.77). An example of a basic product life cycle curve can be seen in Appendix A. Hobby Lobby product life cycle Hobby Lobby has a tremendous amount of products it provides to its customers. For the purpose of this research however, the products will be divided into two categories home décor and crafts. Home décor products are those already assembled and ready for the

Similar Essays

Life Cycle Of Mosquitos Essay

1662 words - 7 pages . Mosquitoes are not founded in the places that are permanently frozen. That means, the life of mosquitoes is based on the environment condition. Mosquitoes take 3-10 days to complete the life cycle from eggs to adults. There are four distinct stages in life cycle of mosquitoes namely eggs, larves, pupa and adult (refer to Figure 1 in Appendix). Firstly, the life cycle of the mosquito is laying an egg. Mosquitoes have multi-stage life cycle which can

Life Cycle Of Mosquito Essay

1047 words - 5 pages species of mosquito, frequently fly far away from their breeding places. The flight range also different for male and female mosquito as female mosquito fly longer than male mosquito. The life cycle of the mosquito according to the American Mosquito Control Association (2014), consist of four processes, which are, laying eggs, emerge into larva, grow to be pupa, and become an adult mosquito. This process usually takes place in an early April

Life Cycle Of Stars Essay

2512 words - 10 pages LIFE CYCLE OF A STAR Stars are formed in nebulae, interstellar clouds of dust and gas (mostly hydrogen). These stellar nurseries are abundant in the arms of spiral galaxies. In these stellar nurseries, dense parts of these clouds undergo gravitational collapse and compress to form a rotating gas globule. The globule is cooled by emitting radio waves and infrared radiation. It is compressed by gravitational forces and also by shock waves

Life Cycle Of Fly Essay

1230 words - 5 pages fertilizer is required for larval development. Research on flies found that sand or soil containing a small amount of fertilizer degraded allowing belowground success worm development ( Noran , 2008). When the caterpillar is full of local, it can crawl up to 50 feet to a dry, cool place near breeding material and transform into the pupa stage . The third stage is the pupa. In general, the pupa stage is the process of changing the physical form of the