Evaluating Apple Inc.'s Market Position: A Porter's Five Forces Report

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This report provides a strategic analysis of Apple Inc. using Porter's Five Forces model to evaluate the competitive forces within its market. It examines the impact of competitive rivalry, bargaining power of buyers and suppliers, the threat of substitutes, and the threat of new entrants on Apple's business. The analysis concludes that Apple faces strong competitive rivalry and significant bargaining power from buyers, while the bargaining power of suppliers and the threat of substitutes are relatively weak. The threat of new entrants also poses a less significant force. The report references academic sources to support its findings and provides a comprehensive overview of the competitive landscape in which Apple operates.
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STRATEGIC MANAGEMENT PLAN
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TABLE OF CONTENT
Porter's five forces model to evaluate the competitive forces of the organization.
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Introduction
This report is based on the Apple Inc. which is an American Multinational
company that specialize in consumer electronics and software and provides
the online services.
This report will outline the porter's five forces model in order to evaluate the
competitive forces of the given market of the company.
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Porter's five forces model to evaluate the
competitive forces of the organization
Porter's Five forces is the strategic management technique in order
to evaluate the five forces that are affecting the environment of the.
It includes the customers, suppliers, substitutes, competitors and
new entrants.
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Cont
Competitive Rivalry or competition
The organization faces the strong competitive rivalry or
competition in the market.
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Cont.…
Bargaining power of buyers
The bargaining power of the customers is very strong which may have
good impact on the Apple's business.
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Cont.…
Bargaining power Suppliers
The organization has experience the weak force related to the bargaining
power of the suppliers.
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Canted…
Threat of Substitutes: The threats of substitution is very low and weak in
order to affect the organization.
Threat of new entrants: The threats of new entrants for the company is
having the less force on the business.
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Conclusion
From the above report it is summarized the porter's five forces model in order
to evaluate the competitive forces of the given market of the company
including the forces like bargaining power of supplier, bargaining power of
buyer, competitors rivalry, threats of new entrants and threats of substitutes.
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References
Varelas, S. and Georgopoulos, N., 2017. Porter’s competitive forces in the modern
globalized hospitality sector–the case of a Greek tourism destination. J Tour Res. 18.
pp.121-131.
Wee, C. H., 2017. Think tank—beyond the five forces model and blue ocean strategy: an
integrative perspective from Sun Zi Bingfa. Global Business and Organizational
Excellence. 36(2). pp.34-45.
Online
Porter’s Five Forces of Competitive Position Analysis. 2021. [Online] Available through:
<https://www.cgma.org/resources/tools/essential-tools/porters-five-forces.html>l
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