Managerial Economics and Apple: A Market Analysis

This document provides an analysis of managerial economics and its impact on Apple's global business. It explores the oligopoly market structure in which Apple operates and the role of government intervention in the industry.

MANAGEMENT
ECONOMICS – 2

TABL E OF CONETNT
INTRODUCTION.................................................................................................................................2
TASK 1.................................................................................................................................................3
TASK 2.................................................................................................................................................3
TASK 3.................................................................................................................................................4
TASK 4.................................................................................................................................................6
CONCLUSION.....................................................................................................................................7
REFRENCES........................................................................................................................................8
INTRODUCTION
Managerial economics can be understood as one of the most highly developed aspect
where business within companies are productively looked upon how much applications of
various economic concepts, new innovative theories and varied tools are applied for gaining
wider flexible outputs for wider levels. Managerial economics is combination of practical and

managerial theoretical concepts where report analyses business functions, economic data of
Apple brand within global business and how international market is widely growing. The
report analyses supply and demand factors, price elasticity and detailed cost analysis for how
further progression can be inbuilt among competitive technology industry , along with focus
to impact on government policies which also further impact managerial decisions (Teece,
2019). Management economics can be understood as one of the most important goal factor
whcih companies have to focus on for developing new strategies, leveraging new scope
among market factors and also for gaining new scope among customers preferences where
there is high competition among products business and wide range of electronics
development which has fuelled space. Apple is one of the best electronic brand globally
having wide range of services, new electronics range among consumers paradigms and also
for gaining wide scope of new industry goals.
TASK 1
Apple brand is one of the biggest multinational company headquartered in California,
USA which is known globally for designing ,developing and selling wide range of
consumer electronics within wide customer range where services are not only proactively
innovative but brand has been achieving high goodwill, profit paradigms from its global
business segments. Apple history can be analysed from year of 1 April, 1976 where the
brand started its market operations within technology ends and developed smart consumer
electronics and various online marketing fundamentals for developing wide range of strong
technology. The company has been gaining wide metrics of innovation from when it was
started by Genius Steve Jobs where he worked profoundly to attain new wide software
serving various customers who look for wide functional efficiency. Apple started as one of
the leader within industry of computers and electronic gadgets where the products have been
gaining wide consumer preferences of rational paradigms, keen synergy of operations where
goodwill has been widely focused along with new end profit goals. Apple products are
technically advanced and best within online services where websites have been producing
best online marketing paradigms, but with new brands and companies coming up there are
various external competitive factors where brand shall be focusing to bring on wider synergy
of new innovation among products and services (Kliestik, Valaskova and Lazaroiu, 2020).
Apple has been widely known globally as one of the best electronics brand within global
market for technical progression, new advancement and functional efficacy working

paradigms, keenly developing strong synergy for operational advancement within innovation
goals. Apple company uses best working determinants when it comes to innovation
functional uses within production of various customers focused advanced products, higher
synergy of innovation and also developed stronger effective marketing strategies pertaining
to wider communication goals.
TASK 2
Apple operates within Oligopoly market structure which can be understood as the
market parameters where industry is dominated by small group of large companies bringing
on wider metrics of higher competitive levels. Oligopoly market results onto various forms of
amalgamation which reduces market competition which further leads to higher prices range
for consumers. Apple has built strong range of development within the electronic gadgets
industry globally where company produces worldwide annual revenue totalled $265 billion
which is largest within global business scenario and is one of the world most profitable brand
producing various strong quality metrics among all services and electronic products
(Delgado,Venkatesh and Silva, 2019). Oligopoly market is form of industry where the
customers market share are enjoyed by some of the most dominant and widely prominent
companies within industry where certain number of companies are controlling various
productive factors and gaining various new leverage targets of competitive levels through
which keen focus is inbuilt.
Oligopoly market has been profoundly impacting variable profit level lately for
Apple where it can be analyzed that the competitors have been increasing within market
scenario which also shapes the fact for law of demand where consumers within global
paradigms have been fundamentally operating new levels to bring on best innovative
electronic gadgets. The marketing on various digital platforms have also opened up huge
functional levels of competitive functional paradigms where Apple further focuses to bring
on keen profit levels. Various competitors of Apple are Dell, Samsung. Microsoft and Sony
where companies have been showing up huge competitive levels of growth within the factors
of price levels, new and better cost effective use of various innovation which fuels up
various advancement among operations. People have been highly looking upon various
cheaper options when it comes to price within industry market share where Apple is the
costliest brand serving various products. Oligopoly scenario within market share has become
lately highly competitive factor for gaining new levels of goodwill among marketers where

there have been wide continuous innovation coming up. Revenue of Apple is highest among
world gadgets industry where the brand has been showing up wide advanced growth
paradigms with wider consume goodwill, exploration of various new fundamental operations
and new levels of progression. Apple being the best electronics brand has also been
potentially developing its working parameters of wider working efficiency, new relative goals
development onto stronger functional strength, potentially bringing functional standards and
consumer royalty within brand. Oligopoly market has opened up competitive market synergy
for various brands to enter among consumer strength, keenly progressively building scope
and strong market presence onto wider working goals to yield onto new results. Apple has
been strongly working within oligopoly industry market factors by using up of new attractive
innovative marketing strategies and also working among operation development goals
among wider arenas.
TASK 3
Apple from its initial years of market operations have been working within monopolistic
competition where the brand did not have various competitors and any new brands coming up
as compared to effective quality standards and technical advancement among its operations.
Monopolistic competition within world global business have been one of the most prominent
factor where market was highly dominantly owned by Apple brand due to development of
various consumer electronic gadgets and new functional standards of continuous innovation
lined up. It can be further analyzed that Apple has been working towards developing its
strong position from the base of competitive levels among market profits and among
goodwill parameters within various segments of customers (Barbier, Barbier, and Aylward,
2019).
 Historical market: Historical market of monopoly within Apple has been widely
gaining preference among global customers who are working among various
paradigms within historical metrics to bring on various innovative products. The
historical position enables us to analyze that historically Apple had dominated the
electronic gadgets industry with its premium quality factors and various innovation
within global paradigms where brand has been developing wide scope and relative
strong market hemisphere of various customers demands for gaining strong
developed scenario. Monopoly dominates the various factors of strength within
yielding force and technically brings on further development for bringing on keen

focus along with wide rapid development where there are wide metrics of growth
recorded as brand developed its presence among various grants of customers within
international market horizons. With competitive brands coming up within industry
where apple today faces competitive levels from various brands it could be analyzed
that with rapid globalisation and innovative advancement coming up among
operations Apple started facing competition from various new brands, companies
such as Microsoft, Samsung and DELL which are also widely used brands by people
within global levels of demography (Koval and Mikhno, 2019). Historically it can be
functionally analysed that apple is one of the best brand globally offering wide range
of electronics products and services, wide range of communication platforms for
consumers with company business goals. It can be understood that there has been
wide rise among business scenario and new working goals , within Apple
management scenario and efficacy determinants keenly progressing onto wider
technical force for strongly establishing new space among industry globally.
 Number of firms in industry over time: Samsung phones and various new technology
gadgets have taken aback within global market scenario with its wide attractive price
range, new end consumer range who look for affordable price factor. Another brand
among electronics which has rapidly been growing among various paradigms is Dell
where there are various options with best innovative developed functional patterns
coming up to bring on various customers segments goodwill where there are various
horizons faced with new technology coming up among its services. Sony and
Microsoft are also the top most brands which gives tough competition to Apple due
to its wide spread within various parts of world as It can be analyzed that Sony
growth has been gaining high record within Asian countries. Microsoft has also been
one of the rapidly growing company with its various competitive scenario
companies where the brands provides various productive strong quality standards an
vastly gaining new scope among customers preferences. Revenue of Samsung is
21,123.14 crores USD which also profoundly shows various gaols and stronger
market position within competitive levels of electronic gadgets industry. Apple has to
rapidly keep up producing new competitive global brands where there are vast
business expansion opportunities within business scenario. With increased
competition and business scenarios bringing on various companies development
today consumers enjoy various options and brands to choose from when it comes to
electronics and gadgets purchase where Apple aims to functionally be one of the best

chosen brand. Apple has built strong goodwill paradigm and communicative working
aspects with best working operational factors of innovation, leveraging innovative
strategies and new relative functional strength technically developing largely (León-
Castro, Merigó and Herrera-Viedma, 2019)
TASK 4
The market structure where Apple is currently working is Oligopoly where there
have been wide number of new companies and brands coming up giving tough competition
to Apple where brand aims to bring on various rapid factors of growth for gaining strong
place among oligopoly market structure. The world economy is undergoing high
transformation factor where business scenario is rapidly growing under transformation
synergy where oligopoly market share works (Comino, Manenti and Mariuzzo, 2019). Apple
works widely with high profit metrics within global business scenario where market structure
to bring onto wider goals for gaining flexible scenario among technology innovations and
also pertain onto new relative structure.
 Operating in oligopoly market structure is highly optimal for this company for
bringing on wider synergy of innovation and rational new competitive levels of
operation exploration with new reflective focus for gaining stronger paradigms.
Apple will be able to develop higher profitable functional roles and also determine
wider functional approaches where oligopoly economic structure focuses to bring on
new optimal potential parameters and stringent innovation to gain wider determinants
for relative advancement among operations. The globalisation has not only opened
up new doors and rapid innovation among keen factor of wider marketing scenario
where there are not only rapid factors of functional enhancement among building
wider reach with digital economy also gaining stronger pace among economy levels
with various new factors of growth coming up. It can also be analysed that Apple
will be to keenly grow among rapid factors of new technology innovation, using up
wider functional levels of potential leverage of new marketing factors where
technology is new demand among wide customer market share. The oligopoly
market structure has widely opened up many competitive parameters for dealing onto
new levels of competency, best levels of technical paradigms and new reflective
synergy of flexible business operations. Oligopoly economy levels have been
opening up new progressive levels where Apple brand can pertain onto new levels of

scenario growth and develop new metrics of determinants where business is widely
effectively expanded with consumer goodwill factor. There are wider options for
company to bring on best profitability paradigms when economy gives up wide
options for developing onto innovation and to yield onto new scale growth with
continuous increase for demand among consumers market share (Bloom and et.al
2019). Oligopoly market structure forms as widely competitive paradigm for
technically developing wide range of business entries and new market synergy within
functional goals onto where there are wide changes being brought on for gaining
stronger synergy of higher profits and goodwill.
 Government intervention is highly important at some levels of competitive business
development where brands are focusing to bring on wider development, new levels
of competency among various paradigms where innovation factor is highly accepted
with help of government. Apple has been successful in building strong place among
various business levels with new functional determinants by developing strong
metrics within international market structure where government has been successful
onto developing strong place and to factor on wider development which will keenly
bring on the various market paradigms. Government intervention is goof for society
as there is wider spread of innovation growth factors for yielding onto potential
facts of new level of spread where the measures make economy highly balanced
within global levels. Government intervention is also high as per the various targets
for business to scope up wider functional advancement among operations and also
leverage new technical roles to productively develop new paradigms. The economy
is not only flexibly growing onto wider levels of synergy factors when government
support is there it also factors higher advancement among flexible operations for
gaining onto wider technical metrics. Apple shall be able to yield onto best reflective
factors of technical growth and higher goodwill parameters when international
countries are opened up among wider levels of global levels where reflective force is
wider (Almasoodi, Vaidy. and Reza, 2020). Government intervention can be
understood as one of the most important parameter where companies for gaining
stronger developed place among industry scenarios have to focus, through which
economy changes can be implemented strongly and also for long term synergy.
Apple shall adhere to wider functional governance, legal formalities and functional
wide innovation for developing stronger presence globally and also functionally
enhancing wider space onto wider arenas.

CONCLUSION
The report can be concluded with detailed explanation onto how various parameters
of management economics opens up wide space and paradigms of innovation among
business world where there are various yield factors which industries within various levels of
economy have to focus. Report concludes how Apple brand will be able to potentially build
up wider scale services of innovation, new growth factors for bringing on keen synergy of
operations which further faces oligopoly competitive growth levels. Report concludes
various parameters of how monopoly economy is different from oligopoly where there are
higher number of firms for brand to compete among industry levels in globe. There is
conclusion of how government intervention is also an important factor among various
paradigms to bring on new levels of progression and to pertain onto wider innovation output
among economic business scenario. Management economics factors of price factors, demand
and supply growth are evaluated in detail (Denysenko, Melnyk and Budiakova., 2019)

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