Wednesday, May 6, 2020
Marketing for Contemporary Strategy Analysis - myassignmenthelp
Question: Discuss about theMarketing for Contemporary Strategy Analysis. Answer: Recommendation In this report, a study will be conducted to assess the relation of the high performance of the Apple organization that has been linked with the various internal and external factors (Rothaermel 2015). This study will reveal the different environmental factors of the Apple organization that will be beneficial to them in their long run. Strengths The biggest strength is that the Apple company is a renowned organization that has been at top of the list for a very consistent time (Khan, Alam and Alam 2015). The company is regarded as the pioneer of the in its introduction to the different innovative products and the launch of the automobile industry in Australia is one of them. The automobile industry is evolving to be one of those industry that provides access to the markets and Apple has started to do great work in the Australian market. Since the trust of the brand is so deep that the people at one glance might be willing to purchase the cars (Suh 2014). Weakness The price of any product of the Apple Company is very high and so it cannot be afforded by everyone. The introduction of the Cars in the Australian market will definitely be very high, the rich people will be the only ones who will be able to afford it. The unsuccessful participation of all the customers can be regarded as the only disadvantage (Grant 2016). The competition is going to be very high in the market as the ruling organizations are in Australia for a long time. Opportunity The high demand of the automobile industry in the Australian market is definitely high and Apple (Chen, Kim and Yamaguchi 2014). The expansion of the automobile industry in Australia can be a mere success as the people has a nose for the automobile industry and the launch of the Apple cars will be a hit, even though if its price is high. Threats The reputation of the Apple organization is based on the electronic gadgets, but the introduction of the automobile can become its own threat in the market, as it is new to this field and has the competitors that are well known in this ground (Abraham 2014). Conclusion In order to review the framework of the Apple company in launching their automobile industry in Australia, there is a requirement of the SWOT analysis that is based on its integral environment like the Strengths, Weakness, threats and Opportunity. The strength of the Apple organization is that the name of the brand is renowned and the weakness is that it has launched itself new in the Australian market, that already has a high level of competition amongst the other Companies. The opportunity is that it may recover in the long run in the automobile industry and the threats are those of the other renowned automobile industry like the Toyota, Vwolksvagen. The only purpose of the SWOT analysis is to enhance the strengths, pursue the opportunity, exclude the weakness and then to avoid the potential threats. References Abraham, M., 2014. Five Leadership skills that made Steve Jobs transform Apple. Chen, W.M., Kim, H. and Yamaguchi, H., 2014. Renewable energy in eastern Asia: Renewable energy policy review and comparative SWOT analysis for promoting renewable energy in Japan, South Korea, and Taiwan.Energy Policy,74, pp.319-329. Grant, R.M., 2016.Contemporary Strategy Analysis Text Only. John Wiley Sons. Khan, U.A., Alam, M.N. and Alam, S., 2015. A Critical Analysis of Internal and External Environment of Apple Inc.International Journal of Economics, Commerce and Management,3(6), pp.955-961. Rothaermel, F.T., 2015.Strategic management. McGraw-Hill Education. Suh, J., 2014. Theory and reality of integrated riceduck farming in Asian developing countries: A systematic review and SWOT analysis.Agricultural systems,125, pp.74-81.
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