Strategic Analysis of Apple: Applying Porter's Five Forces Model

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Added on  2023/06/18

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This report provides an analysis of Apple's business strategy through the lens of Porter's Five Forces model. It assesses the competitive intensity within the industry, the threat of new entrants, the bargaining power of suppliers and customers, and the threat of substitute products. The analysis concludes that strategic management, particularly the application of Porter's Five Forces, plays a crucial role in Apple's ability to attain and maintain a competitive advantage in the market. The report references academic sources to support its findings and offers insights into how Apple shapes its operations to navigate the competitive landscape.
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Business Strategy
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Table of Content
Introduction
Porter’s five forces
Conclusion
References
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Introduction
Strategic management involves formulation and
implementation of major goals and initiatives which
is taken by management on behalf of shareholders.
For each organization it is important to have strategic
planning as it understand the requirement and allocate
work between employees that supports to develop
organizational productivity
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Applying porter's five forces model evaluate the
competitive forces of a given market sector for Apple
Porter's five forces
This can be explained as model which uses by organization to state strength and weakness for
maintaining higher performance. Apple is larger organization that offers new design and
features of phones with best quality. The organization is using porter’s five force model for
shape the company operations.
Competition in the industry- (HIGH)
New entrants in the industry- (LOW)
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Bargaining Power of supplier- (HIGH)
Bargaining Power of customers- (LOW)
Threat of substitute products-(moderate)
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Conclusion
From the analysis of above presentation, it can be concluded that the strategy
management plays an major role in the given company's operation. Porter’s five
forces used by Apple to attain competitive advantages.
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References
Dzhandzhugazova, E. A., and et.al., 2019. Innovative activity as a tool for the
development of environmental industries in Russian Federation. EurAsian
Journal of BioSciences, 13(2).
Aliekperov, A., 2021. Creating Business and Corporate Strategy: An Integrated
Strategic System. Routledge.
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