Assessing Managerial Economics: A Case Study of Apple

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.