International Business Innovation

Running head: INTERNATIONAL BUSINESS INNOVATION
INTERNATIONAL BUSINESS INNOVATION
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Abstract

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INTERNATIONAL BUSINESS INNOVATION
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The main purpose of the analysis is to conduct a detailed review of the future
prospects for the business of Apple Inc and what strategies needs to be
formulated so that long term success can be achieved by the business. The
discussion shows different factors which have an influence on the workings of the
business and can pose a challenge for the business in the long run. The
discussion also shows application of economic theories which are best suited for
the business of Apple Inc and on the basis of the same strategies which are
implemented to make most use of the theories. The discussion further shows
how governmental regulations have an impact on the operational process and
what steps can be taken too combat the same in future period.
Table of Contents
Introduction................................................................................................. 3
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Discussion................................................................................................... 3
Future Challenges for the Business..........................................................3
Theories Impacting the Operations..........................................................5
Governmental Regulations and its Impacts..............................................6
Impact of International Conditions...........................................................7
Conclusion................................................................................................... 8
Reference.................................................................................................. 10
Introduction
The main purpose of the analysis is to analyse the business of Apple Inc
and what are the scope for development of the organization. The assessments
take into consideration future perspective for the business and what areas
should be the focus of the business in order to achieve growth in the operational
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process of the business. The analysis would be considering some of the
challenges which the company would be facing in future as well. The assessment
would also show apply two relevant theories which are applicable from the
perspective of the business. In addition to this, the discussion would also be
showing how the business manages to create competitive advantage so that
more revenue can be generated from the operations of the business. The
analysis of Apple Inc would also be revealing information regarding the internal
process management of the company and whether proper steps are taken by the
management to maintain efficiency and sustainability in the operational process
of the business.
Discussion
Future Challenges for the Business
The business of Apple Inc is considered to be a tech giant in the consumer
electronic business and is known for producing the most innovative products
which are quite popular among the people. The business has been top of its
industry for quite some time and the same is mainly due to the innovative
capacity of the business and effective business model for the company
(Sanchirico, 2014). The growth rate which the business has been able to achieve
is appropriate and the same is expected to maintain from future perspective.
However, the business would be facing some challenges which are listed below
in details:

Cultural and Political Factors: The main challenge which the company
faces from a cultural perspective is that the spending of the people are
increasing and in future it is likely that people would cut off their spending
on phones which can impact the revenue of the business. In addition to
this, the taste and preference pattern of the consumers can also undergo
a change which would affect the sales of the business and thereby affect
the profitability of the business. In terms of Political Factors, it is to be
noted that Apple Inc operates in different countries and the political
situation of the country impacts the sales process and overall revenue
generation of the business (Seabrooke & Wigan, 2014). The revenue
which is generated by the company calls for higher taxes and the business
needs to adhere to the same in order to avoid any sort of penalty. The
business of Apple Inc has a close connection with China and this could
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