Principles of Business Assignment: Apple Inc. Functions and Strategies

This report provides a comprehensive analysis of Apple Inc., examining its business functions, including accounting, finance, information systems, management, and marketing. It explores the advantages and disadvantages of company ownership, along with the domestic and international business environments, considering social, technological, legal, ethical, economic, and competitive factors. The report delves into the company's ethical practices, business situations, financial condition, and its integrity, ethics, and social responsibility, particularly in leadership and management. It also outlines Apple's nature, functions, mission statement, and company vision, followed by a SWOT analysis. The report references key sources and provides a thorough overview of Apple Inc.'s operations and strategies.

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Management
(Apple Inc.)
Scholar ID:

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 Business’s functions of accounting
 The function of accounting in Apple Inc is to
provide the accounting data to their business
stakeholders, investors, management as well
as, creditors.
 Managers should provide feasibly and well-
timed accounting information to create
intelligent decisions as well as, accountant is
an individual who produces this data
(Chikhale, & Mansouri, 2015).
Discussion on functions of business

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Business’s functions of finance

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Business’s functions of
information systems

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Business’s functions of
management

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Business’s functions of marketing

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 Advantages of ownership
 Smart Money Involvement
 Institutions Can Be Good Citizen Shareholders
 Institutions Market the Stock
 Disadvantages of ownership
 Inconsistency can avoid
 Selling Leads to Excess Supply
Explain the type of ownership; including
the advantages and disadvantages

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Social and technological
Social factor
 Brand acquisition in different nations
 Potential marketing opportunity in global nation
 An accessory related to high status lifestyle
Technological factors
 Competitors use same technology as Woolworths
 Restricted market in relation to launching the new
product
 Preferences to screen size
 Assessing the mind of consumers
Identify and explain the domestic and
international business/companies
environment

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 Legal and ethical
 Consumer law
 Discrimination law
 Employment law
 Health and safety law
 Antitrust law
 Employment law
Cont’d

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 Ethics
 Integrity in business
 Exposing the data
 Security for intellectual property
 Whistleblower safety as well as security
Cont’d

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 Economic and competitive
 Customers spend low on Apple products
because they are costly as compared to key
market participants
 Europe’s economic complexities and declining
Pound led to decline in sales of Apple products
in Europe
Cont’d

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 International
Cont’d