Assessing Managerial Economics: A Case Study of Apple

This report evaluates the economic data and its impact on managerial decision making in the context of Apple. It explores the company's working culture, market structure, and government intervention. The report concludes with the importance of government intervention for business success.

Managerial economics
assessment – Apple

INTRODUCTION
Assessing managerial economics is one of the most important parameter which
companies in high competitive digital world focuses for gaining stronger position among
consumers market and for wider goodwill goals within long term synergy paradigms. Report
explains evaluation of economic data as guide to policy making within national, international
and company functional scenario where there are various parameters such as supply and
demand, price elasticity and cost analysis explained in respect to managerial decision making
goals. Analysis of apple working in context to government policy values within government
policy on market and its effects on the managerial decisions are explained. Apple is one of
the best brand producing best quality electronics and gadgets with high tech working
operations onto which new innovation is aimed for reaching stronger market share
profitability (Almasoodi, Vaidya and Reza, 2020)
TASK 1
Apple is worlds’ most repudiated company producing electronic gadgets and
premium technology handsets, designing and selling consumer software for customers
present globally within online platforms . The company is headquartered in California, USA
considered to be one of the big Tech technology companies within global economy who has
been continuously evolving in producing best quality gadgets and online viable services
globally.
 Apple brand was started by Steve Jobs whose vision and continuous effective
innovation within leadership has been profoundly strongly working for bringing on
new profit levels for company and also for producing new end services through

which it has actively grown onto various platforms. Apple is highly prominent
hardware company best known for its series of personal computers, I pods and various
innovative marketing strategies used within products where it has developed stronger
working scenario for stable economic policies determinants in the international
countries. The brand also succeeds in bringing before latest electronic products with
high customisation and working innovation among various paradigms for
strengthening its consumers market share goodwill, keenly bringing before new
technology products and also partnering with best companies globally with its digital
marketing fundamentals for reaching within competitive standards (Barbier, Barbier
and Aylward, 2019)
 Apple working culture at company internal structure is widely active to bring before
innovation at all creative levels where diverse employees are working at all steps
maintaining the synergy of operational advancement onto wider working levels and
stronger efficiency paradigms within changing perspectives of digital conventions.
The company is also active to bring on wider functional advancement with use of
new communication networks among consumers globally where company provides in
store as well as online platforms for purchasing products and electronics with the
digital avenues available under company business development.
 Apple profoundly focuses on economy parameters for growth within external
economic environment where entering into new untapped market along with new
customers market share extent. Apple widely uses innovation among its working
scenario for technical progression among all services and also exploring new relative
goals where factorisation has been developed onto new levels for gaining new profits
within wider levels. Apple also actively indulges in bringing on latest mechanical
product within electronics for developing wider goals and functional advanced
working standards among all operations (Bloom and et.al 2019)
Apple has been working profoundly to serve ists customers with best services and high
quality integrated customer products where it actually works with strong innovation and
functional advancement for reaching onto competitive development further among all
working hemispheres.

TASK 2
Apple works within Oligopoly market structure which is one of the most competitive
economy where parameters are hugely growing onto new scenarios where there are various
new companies and brands coming on with premium quality goods and strong services
producing wide functional advancement. Oligopoly market is form of industry where the
company market share are enjoyed by new competitive goals and operational factors have
wide relative functional levels within working advancement. Apple has been working within
the oligopoly market economy structure which holds wide business opportunities and also
keenly functions to bring on new customers close to attractive services with relative
functional efficiency (Comino, Manenti and Mariuzzo, 2019)
 The oligopoly market structure holds new working strength within complex dynamic
functional synergy goals onto which there are various brands operating along
providing customers wide range of options for their purchasing which widely
develops onto new paradigms of efficiency and innovation . Apple produces
worldwide annual revenue of total 265 billion$ which is world largest profits within
global business scenario which has made must one of the most successful brand.
 Oligopoly market structure has opened up various doors of innovation and
competitive growth business avenues for stronger working quality standards, new
development reach and wider goals within customer market share reach onto which
potentialities have been reached widely. The company also keenly programs out
innovation within this structure which is dynamically growing onto new relative
paradigms along with exploration of new scope for wider working scenario goals.
The brand while working within Oligopoly market structure also can work onto
determinants where there are new competencies available to reach on and enter
within new demographics within the untapped entries business place where scope is
also huge.
 Apple works with fundamental advancement in global electronic appliances industry
where economies worldwide are widely working onto new avenues and high grdae
innovation within all paradigms to keenly reach onto quest operational goals and for
reaching competitively onto higher profitability levels. Various competitors of apple
are dell, smasung, Microsoft and sony where companies are profoundly showing up
new wide range of consumer electronics and wider innovation competitive factors

for reaching onto new consumer goodwill metrics and also developing new synergy
growth avenues (Delgado, Venkatesh and Silva, 2019)
 The better effective use of oligopoly market structure can be understood with the fact
that market when dynamically speeds up exploration onto wider levels within market
growth paradigms. This also has opened up technical goals for brands to leverage
new relative profitability goals and synergy of new functional efficiency where
customers can actively indulge on various yielding parameters. Oligopoly structure
has developed various consumer goodwill metrics within world business scenario
where there are wide technical progression evolving , new productive goals
developed within competitive business scenario onto which there has been new
working profits reached on among keen levels.
Apple also has been profitably reaching onto new levels of functional exploration with new
market determinants opened up, which has developed new goals and keen synergy of rapid
growth along with factorisation of numerous innovations within digital marketing avenues
and new relative development onto rapid levels. The oligopoly market structure is widely
innovative and working onto new levels of competency within infrastructure and working
with strong synergy of goals and innovation.
TASK 3
Apple historically was working in the monopoly market structure where company was
leader and prominently working as sole electronic company serving best quality products,
services and also working productively within new metrics. The historical data enables us to
analyse that company started its business from monopolistic market structure where there are
various goals and avenues competitively working on (Kliestik, Valaskova and Lazaroiu,
2020)
 There are various factors which explain monopolistic market structure within global
business structure where historically there was dominant functioning structure where
gadgets production was only under Apple compan . Monopolistic economy can be
understood as the pathway for functional advancement where Apple developed
strong quality paradigms for all products and services within consumer market share
and has productively developed yield onto working arenas, new working profits and
analysed new levels competency. Monoplistic market can be understood as the

structure where people have limited business products choices from industry to chose
on and also the competition within companies is widely less relatively for working
with new innovation business goals.
 The Sources of monopoly power include economies of scale, capital requirements and
technological superiority where the industry do not has any substitute of goods and
posses strong control on natural resources , legal barriers and deliberate actions are
also under wide control. Competition is less along with profit maximisation which
enable to develop strong supply curve metrics also elasticity of demand, excess
profits metrics and also for developing effective market goals within new business
arenas. The most significant distinction is that monopoly has downward curve and
sloping demand instead of the perceived perfectly elastic curve of the perfectly
comeptitev market structure (Koval and Mikhno, 2019)
 Apple has been profoundly developed with new innovation business decisions and for
factoring growth where monopoly enabled it to factor on growth, new relative
advancement and also for targeting new working operations avenues onto electronics
industry. Excess profits, barriers to entry and the shutdown decisions were solely
under Apple as there were no competition within industry and also marketing with
customer preferences enabled to bring on wide functional advancement within
working scenario.
With changing business world scenario and increased globalisation there are wide
range of changes coming on which has also productively changed business scope, entered
new pathways for various brands and companies to enter into global domain. This can be
understood with the fact that oligopoly market structure is new pace within global economy
where there are various brands and companies entering into business world, providing wide
range of products and services for consumers where they have wide range of services and
also modernised competitive factors. This can also be analysed with the parameters of
global competition where businesses are globally coming onto development of new
marketing and digital explorative world, with new functional technical progression and also
progressively focusing onto new determinants where there are new quest goals. Monoploy
economy in which Apple was working historically has been widely changed with oligopoly
structure where there are new factors of growth available for company to function on for
gaining stronger working synergy within industry profits,. Monopoly is one of the most
competitive aspect where there are wider working scenario as there is only one company

leading entire industry and there has been new profitability metrics grown onto wider yield
working scenario (Teece, 2019)
TASK 4
(A) Operating in oligopoly market structure is highly optimal for Apple company
where this market structure is widely competitive and demand within new business scope
among business scenario where there are new goals developed for functional efficiency. The
oligopoly market structure enables huge competitive development growth avenues for Apple
where there are also new brands coming on with new productive parameters working on
among industry. Oligopoly economy structure is also one of the foremost requirement for
businesses companies within global industry where digital marketing , new functional
advancement is widely growing onto new working scenarios (Zhang, Wang and Wei, 2019).
Consumers also are widely looking upon wide range of consumer products, large variety of
services within the competitive global paradigms onto where the electronics industry is
widely growing within new synergy goals onto which Apple can reach on the changing
business demands.
Oligopoly market is the wide relative yield within business world onto which apple is
profoundly bringing on new innovation ideas and marketing parameters to reach onto wider
goals for gaining stronger working scenario. The oligopoly industry actively brings on wide
range of services within consumers where open competition has become wide relatively
demand for new avenues where there is new demand for new products where electronics
industry is actively growing (Shan, 2019). The electronics and gadgets are new growing
demand where Apple is one of the best brand producing wide range of electronics, like I
phones where company releases various range of smart phones and music appliances where
consumers are also widely looking onto new services growth with higher creativity
advancement. Apple being one of the most repudiated company globally is also actively
developing new fundamentals with creative functional horizons when working within
oligopoly market economy structure onto which there are wide parameters opened up for
relatively expanding onto new levels of structural efficiency within new functional goals
and to yield onto wider competitive demands within global industry. Economic growth and
development within country are also highly correlated with companies business functioning ,
business services and working with relative goals expansion onto new leverage goals for
higher profitability metrics.

(B) Government intervention is widely important for company business succession
and business profitability where there are various new working levels and functional
advancement where company is progressing for reaching onto new succession goals The
government intervention can also work onto as hindrance for creative development for
companies who want to adopt new expansion in untapped countries market where there are
major factors business needs to address (Barrero, 2020). Government intervention is also
actively important for society to move forward within new directions where businesses needs
to adhere all legal conducting methods , and develop new services growth within new relative
working goals onto which there is active working requirement for new synergy of
innovation and stronger working innovation. Government intervention is hugely important
for companies to follow and always adhere with the set parameters for sustainable business
performance and stronger working vision onto which there is active demand developed for
further succession.
Apple will be able to lead the industry globally and reach new customer avenues with
new synergy of operational efficiency when government requirements are successfully
completed by brand. Image of cooperate governance is developed within companies business
services and also there is wide demand for smarter working avenues among consumers with
the new relative advancement. The society is able to lead innovation positively in new
direction when government is controlling companies business services by monitoring and
keenly upgrading new functional levels of working efficiency. Apple shall also develop new
CSR metrics by working with the government guidance although there should be limited
intervention from government sides and also keen focus shall be put onto development of
arenas where the working innovation shall not be prohibited by brand within new arenas.
This can also be understood from the fact that when company is leveraging new paradigms of
technical progression business services shall not be hindered by government steps (Keen,
2019)
CONCLUSION
The report has concluded various parameters of detailed explanation onto managerial
economics working scenario where there are wide range of paradigms of innovation among
business world where innovation and commercial progression are built on. Report concludes
Apple functional advancement avenues and wider scale of productive innovation within
competitive growth levels by bringing on focus onto existing oligopoly market structure and

active fundamental development. Report also concludes variable differences among
monopoly parameters and new relative differences within existing business framework where
apple is working in oligopoly market structure. Report also concludes how apple will be able
to potentially build wider succession profits and working efficiency with positive government
intervention and working onto new scenarios of cultivated profit goals. . 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 by relatively analysing how they are vividly impacting
company productive profits and working scenarios within global levels of technical
progression for higher yielding of profitability for longer term succession.

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