Business strategy Essay Example | Topics and Well Written Essays - 2000 words - 2

Business strategy - Essay Example6 Environmental auditing .. 7 Shareholders analysis 7 Alternative strategy . 8 Future strategy . 8 Task 3 . 8 Roles and responsibility of strategies . 8 Strategy requirements .. 9 Targets and beatscales . 9 Bibliography . 11 gateway The business world has become increasingly emulous over the past few years and has necessitated that congruous strategies be put in place to govern and define it. Various companies such as orchard apple tree Inc. have been involved in enacting strategies aimed at helping their company assoil a competitory edge. A few of these specialized strategies Some of these strategies involve engaging in activities that make a company more(prenominal) cap adequate to derive a greater degree of revenue while at the same time reducing the costs of operation. For instance, Apple Inc. has decided to take advantage of the eminent demand of smart TVs in spite of appearance the current market as a main strategy of exercising a degr ee of competitive advantage within this specific sector. Further, the company has also been conducting aggressive marketing strategies aimed at gaining a competitive edge over its main rivals such as Samsung. Task 1 Demonstration of strategic be after movees For the purpose of this paper, the selected organization will be Apple Inc. one of the most successful multinational corporations with subsidiaries worldwide. It deals with the yield of the communication equipment such as the iPhone as well as the creation of a litany of other consumer electronics. Further, the starchy has also engaged in the development of different software for various applications. Currently, the company is in the process of production of new product lines which, according to vigilance at the firm, will en commensurate the company to gain a competitive advantage over its main competitors Samsung, Huawei, and Google (Papalexandris et al, 2004, p. 90). Many analysts have pointed to the fact that the company is a market leader with respect to the massive amount of technical innovation and development that they are able to generate each and every quarter/year. As a function of this specialty and drive, the firm is able to make state of art goods helping to explain why most of the goods from this company are in such high demand. Apple has many major opportunities owing to the fact that is has not yet been able to saturate markets especially in the developing world. Despite the fact that its goods are expensive, they are in high demand due to their high quality and unique appeal that the brand is able to generate. Currently, the company, just akin many others, has been facing increased economic challenges. This is especially true after the 2007/2008 economic meltdown. However, to overcome this challenge, the management has been able to engage in a series of