International Business Quiz - Apple and Globalization Analysis

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Added on Ā 2022/08/18

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Homework Assignment
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This assignment examines the impact of globalization on Apple, a prominent multinational company. It explores how globalization has influenced Apple's profit margins, international market strategies, and overall business expansion. The analysis covers key aspects such as outsourcing, foreign import and export, and the company's ventures in various countries. The assignment highlights the importance of globalization for Apple, particularly in the context of its success in high-end technology and consumer technology. It also references specific examples like Apple's partnership with China Mobile. The paper emphasizes how Apple has become a global player, benefiting from international markets and technological advancements, and how globalization has significantly increased Apple's shareholders' wealth.
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Running Head : The impact of globalization on multinational company of Apple
THE IMPACT OF GLOBALIZATION ON MULTINATIONAL COMPANY OF APPLE
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1The impact of globalization on multinational company of Apple
Response to Question.3
The term Globalization implies the spreading of information, Technology, jobs and
products across the borders of nation and cultures. In terms of economy, it is labeled as
interdependence among nations worldwide which is nurtured by the means of free trading. The
concept of Globalization helps in motivating which is both opportunistic as well as idealistic.
Nevertheless, the emergence of the international free market place has contributed a considerable
advantage to large companies that are grounded in the Western world. The companies achieve
competitive benefits on multiple facades through the process of globalization. They help in the
reduction in the cost of operating by manufacturing overseas (Peng and Mike). The advantages
of globalization rest on it permit the emerging nations to holdup technologically advanced
nations through the enhancement in diversification, manufacturing, improvements and economic
expansion in lifestyle standards. Apple is a high know-how multinational company which is
engaged in designing, researching and producing technological goods. The company of Apple
Computer Inc. changed its name to Apple Inc. and there headquarter is in California. The process
of Globalization involves numerous continuing interconnected processes which include finance
internationalization and trade. Due to the growth of globalization, the multinational company of
Apple improved its profit margin. In the earlier years of America, the car was the primary source
of the economy of the United States. In the contemporary period, the new structure of the
economy developed due to Stew Jobs helped in leading the technology market of the United
States. The company of Apple in the international market has exceptionally succeeded in the
aspect of progressive strategies which is utilized frequently on foreign import, export, and
outsourcing. Apple has established 417 companies in 13 nations as of July 2013 and in 38
nations there is the availability of online stores with worldwide selling of $ 16 billion dollars in
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2The impact of globalization on multinational company of Apple
the area of merchandise in the year 2011. Apple Inc. as to the multinational corporations has felt
the importance of the process of globalization through spreading worldwide. In the first twofold
quarters of 2013, the proceeds of Apple have developed at 14.73 % to 98.115 billion dollars
(Zuniga). The revenue of Apple excluding retail stores is depended highly on activities of
worldwide markets. Furthermore the multinational company of Apple is worthy of taking hold of
opportunities in the international market. For instance, China Mobile and Apple functioning on
the distribution agreement of the iPhone for a further six years. They assured to create an
agreement to collaborate with the iPhone 5C even though Apple has worked already with the
third-biggest mobile carrier Unicom of China in addition to that Telecom of China foe numerous
years. If there lies cooperation between Apple and China Mobile the income of Apple develops
faster along with that apple will get more advantages in the worldwide market. The globalization
impact on Apple is that it has progressively become a visional corporation that proposes the
working of individuals outside America. Thus in this context, the biggest winners are Apple’s
shareholders and the company of Apple who gained significant currency from globalization.
Apple gained substantial achievement in global marketing because it emphasizes the products
with high-end technology and the progress of consumer technology. Therefore ideology and
globalization are two crucial factors of Apple that act together among them.
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3The impact of globalization on multinational company of Apple
References
Peng, Mike W. Global business. Cengage Learning, 2016.
Zuniga, Edward. The Impact of Globalization, Economics, and Educational Policy on 21st-
Century Skills and Education in Science, Technology, Engineering, Mathematics and the
Science Fairs in Schools in Ireland Such as Fingal School. Diss. University of Southern
California, 2017.
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