Technological Aspects Contribution in Globalisation: Apple's Analysis

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Dissertation
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This dissertation delves into the contribution of technological aspects to the global economy, using Apple as a case study. It examines the recent trends in technological globalization, evaluating its benefits for multinational organizations like Apple. The research explores the impact of technology-driven globalization on global economic growth, while also identifying the challenges and problems that technological advancements pose to multinational corporations and the global economy. The study investigates Apple's strategies for overcoming these challenges. The dissertation includes literature reviews, research methodologies, data analysis based on qualitative methods, and concludes with recommendations for Apple, providing a comprehensive understanding of technology's role in global business expansion. The abstract provides an overview of the dissertation, outlining its aims, objectives, and the methodologies used to assess the impact of technological advancements in the context of globalization, with a specific focus on Apple's strategies and challenges in the global market.
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DISSERTATION
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ABSTRACT
Dissertation is mainly conducted to get the detailed study of the research topic. In this
various methods are used to gather informations and also findings are to be interpreted to analyse
the reviews of the employees and managers to whom the details are gather. Thus, in this
dissertation report, researcher select the topic which is relevant to globalisation and its matters
related to technological advancement. Thus, in this report, topic is selected on the bases of
identifying the various contribution which is used in context of technology advancement to
determine the factors relating to global level. Globalisation is the process through which it
provides facilities to the companies to expand their business globally and also free transportation
are to be given so that companies can easily transfer their goods and services to other countries.
Thus, in global world technology is the major aspects which connect many country by adapting
the best possible way to interact with other country. Technology connects many people and
countries and also helps companies to interact with people through their innovative ideas.
Due to changes in time technology are to be amended and also the innovation are to be
committed by organisation if they are planning to expand their business operations in global
market. This research is mainly based on apple company which is the top most multinational
technology based company which was founded by Steve Jobs, Steve Wozniak and Ronald
Wayne in 1976. Due to having the strong brand image in market various competitors arise
regarding the innovative products and services. The objectives of this topic is relating to
identifying various trends in technological globalization and also the benefits of technological
globalization in multinational organization. It also results in adapting the challenges & problems
imposed by the technological advancement to multinational corporation in particular and to
global economy. The main reason of choosing this topic is that it provides detailed study about
the technological globalisation and its awareness which is used by apple company to enter into
global market.
The limitation which is faced in completing this dissertation is resulting in collecting data
and information relevant to that topic. Thus, by choosing the literature reviews methods, it
reflects the reviews of various authors regarding the selected topic which mainly present this
research in systematic manner. Different theme are discussed and also various authors had shared
their reviews regarding the selected theme, thus it helps in gathering more relevant details of the
technological advancement at global level. In the matters related to research methods various
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methods are to be used by researcher to gather information relevant to the topic. Thus, qualitative
methods is used to raise questionnaire to gather information from managers of the apple
company. Thus, 25 managers of the company are selected to raised queries regarding the
company working. After raising queries and getting reviews interpretation is conducted to
examine various facts and figure relevant to the data. After conducting all the procedure,
conclusion and recommendation is to be given which is helpful to the apple company to use
appropriate methods to overcome from the challenges raised.
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Table of Contents
CHAPTER 1:INTRODUCTION.....................................................................................................5
AIM AND OBJECTIVES................................................................................................................6
Aim:.............................................................................................................................................6
Objectives:...................................................................................................................................6
Rational........................................................................................................................................7
CHAPTER 2: LITERATURE REVIEW.........................................................................................9
Theme 1: Recent trends in technological globalization and evaluation of the benefits of
technological globalization in multinational organization...........................................................9
Theme 2: Impact of globalization through technology on the global economic growth...........12
Theme 3: Challenges & problems imposed by the technological advancement to multinational
corporation in global world........................................................................................................14
Theme 4: Recommending the strategies to Apple for overcoming the challenges posed by
technological advancement........................................................................................................15
CHAPTER 3: RESEARCH METHODOLOGY...........................................................................18
CHAPTER 4: DATA ANALYSIS................................................................................................24
CHAPTER 5: CONCLUSION AND RECOMMENDATION.....................................................40
Conclusion ................................................................................................................................40
Recommendation.......................................................................................................................41
REFERENCES .............................................................................................................................43
APPENDIX....................................................................................................................................46
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Title: To identify the contribution of technological aspects to the organisation in the context of
globalization
CHAPTER 1:INTRODUCTION
Globalisation is the process which helps companies to interact and expand their business
into vast areas. Due to the process of globalisation, many companies, group and person came
together to share their views, thoughts and expression to other countries to enhance their
business at international level. In this aspect's technology plays an important role for every
person and organisation to bring innovative ideas to different countries by adapting the
globalisation procedure. In modern time many business are carried through technology
advancement and also it enhances the lively hood of person by giving more profits if the
technology are to be used in right way (McCann, 2016). Thus, in global world technology is the
only aspects which connect more country by adapting the best possible way to interact with other
country. Technology connects many people and also company can connect the people through
their innovative products and services. This helps them to expand their business into large scale
and also promote their services in international market. The main advantages of choosing the
globalisation is that it provides free transportation facility and also less barriers in case of import
and export of goods and services in different countries.
Technology also to be amended due to changes in time and also the innovation are to be
committed by organisation if they expand their business activities in global market. Thus,
technology is the machine and tool which is also mainly used to solve the issue which is faced by
company at the time of transiting or communicating with other people. Usually business are
carried and fixed through online technology if they are planning for expansion, in this case
technology plays a vital role in transferring the innovative ideas to other company or franchising
their business in global market (Kaplan and Ng, 2016). Present research is based on apple
company which is the boom of technology advancement in modern times. Apple company is the
top most multinational technology based company which was founded by Steve Jobs, Steve
Wozniak and Ronald Wayne in 1976. Apple company carries a strong brand name and also they
mainly promote the products through online technology.
Apple company usually design such products according to the needs and demands of the
customers and also they deal in various products such as apple watch, electronic products and
other up gradation technology which is easily available on apple stores and also they carry their
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business through online. By this procedure they can easily reach to large number of consumer by
attracting their innovative design of products and fast delivery of services. Due to having the
strong brand image in market, Apple company is mainly engaged with large number of
employees who are carrying their business into international market and also promote their
products and services at global level. Usually the technology which they are using carry the high
prices which bring the most trusty customer towards their products (Popple, 2018). As the
company is using the advanced technology which provides faster services and network as
comparison to other company and by these results they are widely expanded in terms of sizes and
revenue. In 2018, they hold US$265.595 billion revenue and by which it is considered to be one
of the world largest technology based company. In this dissertation various aspects are to be
discussed regarding the technology which bring more changes in working in the organisation and
also the positive and negative aspects to apple company at the time of entering into global market
AIM AND OBJECTIVES
Aim:
To assess the contribution of technological aspects to the global economy in the context
of globalization: A study on Apple
Objectives:
To determine the recent trends in technological globalization and evaluate the benefits of
technological globalization in multinational organization - Apple
To determine the impact of globalization through technology on the global economic growth
To identify the challenges & problems imposed by the technological advancement to
multinational corporation in particular and to global economy
To recommend the strategies to Apple for overcoming the challenges posed by technological
advancement
Research Questions:
1. What are the recent trends in technological globalization?
2. What are the benefits of globalization through technology to multinational corporation
Apple?
3. How the global economy has benefited from technological globalization?
4. What are the different challenges and problems imposed by technological advancement to
Apple in particular and at the global level?
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SIGNIFICANCE
The main reason of choosing these topics is that it provides detailed study about the
technological globalisation and its awareness which is used by apple company to enter into
global market. The importance behind the technology aspects is that it provides opportunities to
company to promote their business online and also interact with other companies to expand their
business in international level. Thus, by choosing this topic the main barriers at the time of
collecting the data are resulting in gathering information and data from restricted areas. As it
results in consuming more timing and also the data to be collected accurately. As by the
collection of information it helps companies to take effective decision and make strategies to use
technology in vast scale.
Rational
Globalisation is nowadays the boom of the country and thus bring more chances to
company to expand their business into global market. Thus, researcher finds this topic interesting
as lot of data and information are to be gathered by choosing this topic. Technology are amended
due to the demands raised by the company and also the customer are in needs of such products in
different country (Talani and Roccu, 2019). In that cases technology are to be more advances and
also it brings more of information to the researcher to collect data and information relevant to
that topic. As lot of authors had already gathered the information relevant to that topic thus
research find this topic interesting as they had to struggle less to gather information which is
helpful in conducting the accurate research. The main reason of choosing this topic is that
technology are nowadays adapted by every company thus they had variety of new changes which
bring more chances of learning and grabbing more opportunities.
OUTLINE OF THE STUDY
Chapter 1: Introduction
In this chapter it mainly covers the overview of the dissertation in which it includes the
title which is the major part of dissertation is to be conducted and also the aims and objectives
which is to be prepared on the bases of selected topic. Further, in this chapter the major details
are covered in part of objectives which is to be prepared by keeping the aim in minds and then
the rational and significance of the research.
Chapter 2: Literature review
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This chapter is mainly initiated once the aim and objectives are prepared. In this, themes
are to be prepared and also the reviews are to be generated by examining the authors, journal and
article. Different theme had different judgement and also various judgement are relevant to the
selected theme.
Chapter 3: Research methodology
This is important part of dissertation as in this various methods are to be covered by the
research to carry their research work. In this chapter the mainly research includes the facts and
figure which is to be collected by using the appropriate methods to gather the accurate
information.
Chapter 4: Data analysis and Findings
In the fourth chapter the dissertation is to be conducted on the bases of theme where
various decision and judgement are to be raised by managers or employees of the apple
company. Their reviews are further raised in form of questionnaire and also there decision are to
be interpreted in their chapter.
Chapter 5: Conclusions and recommendation
In this chapter the final conclusion is prepared by examining the various facts which is to
be interpreted in above dissertation. The part of recommendation is to be conducted on the bases
of viewing the above strategies which is used by Apple company in global market.
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CHAPTER 2: LITERATURE REVIEW
This reviews are mainly based on systematic method which is used to conduct the
research and also examines various thoughts and expression regarding to the appropriate point.
Literature review is mainly conducted by viewing the article, magazine and authors reviews on
certain topic which is relevant to the selected topic of dissertation (Booth, Sutton and
Papaioannou, 2016). In this various authors determine judgement and decision which are in
positive and negative aspects of the selected topic. To make the literatures review presentable, it
is mainly designed in form of theme in which the first theme mainly related to the basic topic and
the rest other theme are related to the topic which defined the porns and cons of the selected
topic by different authors. By choosing literature reviews authors mainly present their research in
systematic manner and also this is helpful in making research proposal, dissertation and thesis
which is made by student (Hart, 2018). In this chapter the reviews is mainly given by various
authors regarding their collection of data relevant to the topic.
Theme 1: Recent trends in technological globalization and evaluation of the benefits of
technological globalization in multinational organization
Trends in technological globalization
According to the views of Goos, Manning and Salomons, (2014), globalization refers to
as an activity which is taken by a country wherein it trades with another country without any
legal restrictions. Here any country can do business with any other country irrespective of the
geographical boundaries. Technology refers to as application of scientific knowledge into the
business so that the operations of business are made easy and efficient. The technology spreads
across the different countries very fast. It is because of the reason that if the country is sound at
technological level than other countries try to imitate the technology used by the opter country
for their development and growth as well.
In accordance with the opinion of Ocloo, Akaba and Worwui - Brown, (2014),
technological globalization has become the latest trend because of its importance and its benefits
which companies within different sectors can gain by using this. In words of Najam, Runnalls
and Halle, (2016), technological globalization can be stated as imparting and sharing of new
technologies with another companies performing business in different countries. It is done
because of the reason that the other countries can also use the latest technologies going on in the
whole world as a whole. In contrast, Hitt, Ireland and Hoskisson, (2014), states that in this
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competitive and highly globalized era all the companies can gain profits only if it works
efficiently and effectively this can be done only with the help of use of technology.
For example, the technology of Apple started making computers and then because of
globalization these computers were transferred to other countries. These computers gained
popularity in other countries because they were cheap and much user-friendly. Therefore, this
new technology led to the boom of computers in another countries.
De Prato and Nepelski, (2014), articulates that the latest trends in the technological
globalization is the use of Artificial Intelligence (AI). It can be defined as the use of technology
which promotes the creation of machines which can act and work like human beings and can
perform activities which a person normally performs. These are installed in the mobile devices
which works with voice recognition.
For example, company Apple uses this technology in its cellphones by installing Siri in
Apple phones. It is technique which helps Apple phone users to command their phone with their
voice in order to operate the phone and its application (Siri, 2019).
However, in contrast Crane, Kawashima and Kawasaki, (2016), argues that another trend
in technology is the use of location based technology. The smartphones and tablets are devices
which helps a person in tracking its location. This location based application is installed in the
mobile phones and it tracks the location of the person and also and also views the real time
location of family and friends on a private map.
For instance Apple company uses a software named Life 360 (Life360: Find Family and
Friends, 2019). It is one of the world's largest location sharing application which is installed by
Apple company in its cellphones. With help of this application the user can get information
relating to the real time alerts as and when their friends and family reaches to a place or leaves a
place. Along with this the user can share photos, messages and can also check the history of their
friends and families.
Benefits of technological globalization
In the opinion of Baylis, Owens and Smith, eds., (2017), the major benefit of
technological globalization is that it contributes in the increase of the profits of the company
which in turn adds to the economic growth of the company. The use of technology makes easy
the work and operations of the business. Thus, with the same time the company can produce
more and if the production will be more than automatically there will be more profits.
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On the other hand Benería, Berik and Floro, (2015), argues that if profits of the company
will be higher than it will contribute more in the national and gross domestic product of the
company. This will increase the level of the economy of the country as well.
Further, Asteriou, Dimelis and Moudatsou, (2014), highlights that use of technology
helps in increasing the efficiency, effectiveness and the productivity of the company as well.
This increase in efficiency will take place because of the reason that the companies will use new
and advance technologies which will reduce the human efforts within the company. So they will
more work with more productivity and efficiency.
In contrast to this Gancia, Ponzetto and Ventura, (2016), outlines that technology also
helps company in communicating more clearly and efficiently. In globalization any country can
trade with any other country without any geographical restrictions. Therefore, for this it is
necessary that the companies communicate in clear and understandable manner so that there are
not any confusion within the business contract. With help of technology there have been much
improvement in the communication channels and many new and latest methods of
communication have been developed. In the views of Ying, Chang and Lee, (2014), some
communication channels and medium are the ways through which a person can communicate
with another person over any other country. Some examples of communication channel are like
video conferencing, chatting through social media website, live chatting and many other different
sources of communication.
On the other hand, Nikolova, Rodionov and Afanasyeva, (2017), criticized that more use
of technology can also harm the companies. It is because of the reason that more dependency on
the technology can lead to more cyber crimes and may affect the security of the data and
information of the company. The use of modern technology opens the business towards many
problems and also cyber crimes and stealing of confidential information of one company by
another competitor.
Asongu, Efobi and Beecroft, (2015), articulates that it increase the use of technology
connects so many people on a particular website or any channel. With this the people can talk,
share their views, information and it increases the knowledge of the person as it promotes
intellectual activities.
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Theme 2: Impact of globalization through technology on the global economic growth
According to Cumming and Zahra, (2016) the impact of globalisation is recognized by
adapting through the technology and it is mainly examined on positive side. The major impact
are resulting in enhancing the communication level which is mainly adapted by companies to
expand their business into international market. Due to the concept of globalisation, it provides
more opportunity to companies to expand their business internationally and also communicate
with them to expand their business. The process of communication is mainly resultant in
providing growth opportunity and by this procedure they can save time and money by travelling
less which enhcanes business growth. As communication is the best method which is used by
company and they can share their reviews, ideas and thought technology. It can be such as video
calling or any other online services from which they can share their views easily.
Young, Hood and Hamill, (2017) criticised that technology provide fast services to the
company but also came up with various negative points. As in previous time company interact
and discuss their matters and issue by personally meeting with each other and share their ideas.
But after choosing the concept of globalisation, companies are interacting through online
services thus it results in facing many languages barriers. The major issue which is to be faced by
company at the time of communicating is in respect of appointing the skilled and trained person
which can represent the overview of the company. As company can expand their business in
many countries thus there are more chances of lacking or hacking the technology of the company
and also their working strategy at the time of communication. Thus, it is the major factors which
is interpreted in choosing the communication method to expand business globally.
Cornelissen, (2017) overviewed that the impact of technology also evaluated in the aspect
of investment. As companies invests huge amount of their earning in outsourcing their business.
They are investing in respect of providing labour services or by advancement in the technology
and up gradation of system passwords. Many companies manage their reputation by bringing
their business into global market for higher growth perspective. For example apple company
investing their earning in new projects and services so that customer get more timely services
and also new up-gradation in their products. As apple company is famous for bringing new ideas
in their exiting products which results in attracting thee customer towards their products for
longer time. The products are to be preferred by customer in manner of providing fast services
and also there products are useful for the companies and business and who deal in large number
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