Thursday, April 25, 2019
Critically discuss the Strategy in Action of the organisation 'Nestle' Essay
Critically discuss the Strategy in Action of the organization Nestle - Essay ExampleWith the power of innovation, advanced technology, and high investment in Research and Development, the company has outpaced contest thereby creating an edge of its competitors. Mission statement of orchard apple tree is to produce high-quality, low cost, easy to use products that take high technology for the individual. We are proving that high technology does not have to be intimidating for non figurer experts(Apple Annual Report 2010). The strategies and mission of Apple is largely affected by the external environment it operates in. This would make better be analyzed through PESTEL analysis of Apple. PESTLE Analysis Apple being a US company faces barriers related to rules and regulations imposed by the DOJ, EPA and the SEC. The governmental agency like SEC inspects the fair place and compliance and the governmental agencies like DOJ and EPA inspects the antitrust laws and environmental compli ance. Political risks are high in Technology Company like Apple. In addition, the laws in communication industry are subject to deviate that affects the compliance of Apple. The required the company to invest heavily in compliance of laws and regulations and even pay fines as a result of investigations. Apple is technology company build on a global curriculum where factors like inflation rates, provoke rate and current exchange rates in bear somewhat preserve, but such impact cant be considered influential (US Technolgy vault of heaven Analysis, 2010). As the interest rates are slashed as a result of recession in the economy, the company could assume money at a cheaper interest rate. Same is the case with changes in current exchange rates. change over in economic conditions could also materially affect the performance of the company in an adverse way. The socio-cultural forces impact the companys operations as Apple network spans across various countries and continents. Info rmation display, seclusion issues and information sharing across people in different countries depends upon the socio-cultural forces operating in that country (US Technolgy Sector Analysis, 2010). It can be argued that if Apple spans in network to the country like India (For e.g.) it has to keep in foreland the culture of people there and whether the current configuration of the company is best suited for operating in that country. Global markets for different products and services of Apple are subject to technological changes in rapid advances along with high competition (US Technolgy Sector Analysis, 2010). Technological factors possess a great impact on the conquest of the company and a failure to cope up with these could materially affect the financial position of the company. right also has a role to play in operations of any company that intends to span globally. Apple has expanded its business across continents and political and legal policies of the countries can well d ecide on the quite a little on how the company can operate within a country. Issues over intellectual property rights, trademarks and patents strike to legal proceedings against the company from time to time (Apple Annual Report 2010). The environmental forces do not have a significant role to play in the operations of the company. When the company was incorporated, its primary designate was young generation which wanted to connect to each other in spite of differences in personal boundaries. With the growing aging populating, the company has also shifted its focus to people of senior age groups.
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