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(PDF) The Future Challenges of Business

   

Added on  2021-02-19

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The Company

Table of ContentsINTRODUCTION...........................................................................................................................1MAINBODY....................................................................................................................................1History of company......................................................................................................................1Challenges that are currently faced and take place in future for the company............................2CONCLUSION................................................................................................................................3REFERENCES................................................................................................................................4

INTRODUCTIONA controversial company is a type of an entity which is subject to intense publicargument and causes disagreement or disapproval (Mauro and et.al., 2016). It is a dispute causedamong a group of companies. This essay is based upon controversial organisation which look atthe history, structure, stakeholders and challenges faced by an entity. Apple is suspected to a lotof disputes. It is a leading multinational company that designs, develops and sells electronicproducts, software as well as online services such as, Air pods, laptops, I pads, phones etc. Thevariants that Apple offers in terms of memory or storage comprises of 16,32,64,128 and 256gb. MAINBODYHistory of companyApple is one of the leading company which was founded on April 1, 1976; 43 years agoby Steve Jobs, Steve Wozniak and Ronald Wayne. It's headquarter is located in California, U.S.The key people of the organisation are Arthur D. Levinson (Chairman), Tim Cook (CEO) as wellas Jeff Williams (COO). The company offers vast number of products & services like, Applemusic, news+, Tv, I-pod, etc. It design as well as develop the gadgets in such a way that itbecomes easy for the user to use them. iPhone has been Apple's biggest product in generatingrevenue since many years. The company officially launched and released its first smartphone forpublic on June 29, 2007 after a lot of trial & errors. It was known as iPhone 2G. Six weeks afterrelease of the model, plastic screen was replaced with a glass one. As of now, the latest releasesare XS max as well as XR model in September 2018. The best considered models were 6 & 6+launched in November 2014. There has been an immense development in iOS processor i.e. iOS1 in 2007 to 12.1 in 2018. Earlier, earphones were used by people which have been upgraded to abetter version i.e. wireless ear pods (Daccord and et.al., 2017). Structure of companyA vast business structure is followed by companies that includes, corporation, a complexstructure with certain rights, privileges and liabilities. These can yield tax or financial benefits,that can be offset by other considerations such as, increased licensing fees or decreased personalcontrol. A limited partnership consists of one or more partners who share their profits as well aslosses equally (Albusays and et.al., 2016). They are usually not involved in day to day operationsof an organisation. Cooperative society involves people with similar interests in creating a unit1

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