SWOT ANALYSIS
.docx
keyboard_arrow_up
School
University of Windsor *
*We aren’t endorsed by this school
Course
8410
Subject
Economics
Date
Jan 9, 2024
Type
docx
Pages
2
Uploaded by BrigadierProtonDog32
SWOT ANALYSIS – APPLE CAR
STRENGTHS:
1.
The robust brand value of Apple positions them well for the successful introduction of the Apple Car.
2.
Apple's cutting-edge technology and dedication to innovation positions the company favorably for the successful launch of the Apple Car.
3.
Apple's robust R&D capabilities ensure the Apple Car stays ahead in market trends, integrating the latest advancements in automotive technology.
4.
Apple's diverse market share provides a competitive edge and strong market presence to the Apple car.
5.
Apple's strong brand loyalty is an asset in the automotive sector, fostering trust and influencing consumers in favor of the Apple Car.
6.
Apple's ample resources, financially and in a skilled workforce, enable ambitious investment in developing, producing, and marketing the Apple Car.
7.
The established trust in the reliable and user-satisfying Apple brand is a significant strength that positively influences the car's market reception.
WEAKNESSES:
1.
Apple may face challenges related to a knowledge gap in the automotive sector,
potentially hindering a deep understanding of industry intricacies.
2.
Establishing an efficient and reliable supply chain for automotive components may present a weakness, impacting production timelines and costs.
3.
The workforce might lack training in automotive technologies, posing a weakness in achieving optimal performance and innovation in the development of the Apple Car.
4.
Apple's relative inexperience in the auto industry may be a weakness, as it navigates a field with unique challenges and complexities.
5.
Negotiating and complying with complex automotive regulations may pose challenges, acting as a weakness in successful market entry and operations.
6.
Infrastructure requirements for mass production of vehicles may be a weakness, demanding significant investment and strategic planning.
7.
Initially offering a limited range of car models may limit Apple's market reach and competitiveness.
8.
A potential weakness lies in a limited driving range and charging infrastructure for Apple Cars, influencing consumer adoption and usability.
OPPORTUNITIES:
1.
The expanding Electric Vehicle (EV) market presents a significant opportunity for Apple to capitalize on the increasing demand for sustainable and technologically advanced transportation solutions.
2.
The integration of Siri, Apple's voice-activated virtual assistant, provides an opportunity for enhanced in-car connectivity and a seamless user experience, setting Apple's car apart in the market.
3.
Leveraging Apple's existing ecosystem of products and services creates an opportunity for a seamless integration of the Apple Car into users' digital lives, fostering brand loyalty
and enhancing user experience.
4.
The development of advanced autopilot and cruise control technologies presents an opportunity for Apple to position its car as a leader in autonomous driving capabilities, aligning with evolving consumer preferences.
5.
A more relaxed regulatory environment and potential government incentives for electric and autonomous vehicles create favorable conditions for Apple to thrive in the automotive industry.
6.
The opportunity to expand Apple's product portfolio into the automotive sector allows the company to diversify revenue streams and tap into new markets, strengthening its overall market position.
THREATS:
1.
Competition (Tesla): Intense competition, particularly from established players like Tesla,
poses a threat to Apple's market share and challenges its ability to stand out in the competitive electric vehicle market.
2.
Replicas: The risk of unauthorized replicas or imitations of Apple's car design and technology poses a threat to the company's brand integrity and market exclusivity.
3.
Malfunction/Technological Challenges: Potential malfunctions or technological challenges in the Apple Car may lead to reputational damage and could impact consumer trust and confidence.
4.
Economic Conditions: Adverse economic conditions, such as a recession or economic downturn, pose a threat to the demand for high-end consumer goods, potentially affecting the market reception of the Apple Car.
5.
Chips Shortage: The global shortage of semiconductor chips poses a threat to the production and timely delivery of the Apple Car, as it relies heavily on advanced technologies that require these components.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
two pictures
arrow_forward
1
arrow_forward
2) How does the corporate office create a parental advantage, which is difficult to duplicate by its more focused competitors?
3) What are the synergies and economies of scope and how do they work at Disney to lower its overall costs?
4) Given the diversification approach that Disney uses, what are some things
that they can do to deal further with the trend toward cord-cutting and competition from large streaming and content producers such at Netflix, Amazon, and other content producers?
arrow_forward
II. Problem
1. Tennis Products, Inc., produces three models of high-quality tennis rackets. The following table
contains recent information on the sales, costs, and profitability of the three models:
Average
Quantity Sold
(Units/Month)
15,000
5,000
10,000
Variable,
Cost per
Contribution
Current
Price
Total
Margin Per
Unit
Contribution
Model
Revenue
Unit
Margin*
$225,000
85,000
250,000
$560,000
A
$30
$450,000
175,000
450,000
$1,075,000
$15
$15
B
35
18
17
C
45
20
25
Total
* Contribution to fixed costs and profits.
The company is considering lowering the price of Model A to $27 in an effort to inçrease the
number of units sold. Based on the results of price changes that have been instituted in the
past, Tennis Products' chief economist estimates the arc price elasticity of demand to be -2.5.
Furthermore, she estimates the arc cross elasticity of demand between Model A and Model B
to be approximately 0.5 and between Model A and Model C to be approximately 0.2. Variable
costs per unit are…
arrow_forward
4
arrow_forward
1. Tom Jackson has been running a successful steakhouse that specializes in serving
upscale steak dinners. His current marketing campaign targets residential
households. Recently, it was announced that a new conference hotel was to open
near his steakhouse, bringing in many potential business customers. Speculation
followed that Morton's steakhouse-an upscale steakhouse chain currently marketing
to business customers nationallywas considering opening one of its restaurants near
the new hotel and would therefore compete with Tom's restaurant. In light of the
potential threat from Morton's, Tom began considering the possibility of making a
significant investment to change his marketing campaign and target businesses
rather than households. In doing so, he estimated the following profit outcomes (in
thousands of dollars) resulting from the strategies that he and Mortons might
implement:
Morton's
Marketing Target
Enter
Don't Enter
-$200, -850
$50, $100 $105, $0
Businesses
$90, $0
Тоm…
arrow_forward
Refer to the Front Page to answer two questions.
FRONT PAGE
Pricing Disney+
Disney decided it wanted to provide streaming services directly to customers, rather than
renting its library of films and television shows to other streaming services like Netflix. But
how successful would a streaming service be? In other words, what did the demand for a
"Disney+" streaming service look like? Disney knew that the number of subscribers would
depend not just on the attractiveness of the Disney archives, but also on the subscription
price. After doing some market research, Disney decided to launch Disney+ at a price of
$6.99 a month (or $69.99 per year). When Disney+ was launched on November 12, 2019,
10 million people signed up on the first day-a resounding success!
arrow_forward
Q3 solution needed
company: Amazon
1) Choose one product and identify its market structure among a perfectly competitive, monopoly, monopolistically competitive, and oligopoly and explain why.
Product:
Perfectly competitive:
Monopoly:
Monopolistically competitive:
Oligopoly:
2) Choose one company for your product and describe its history and at least three unique characteristics of that company.
The company for my product that I have chosen is ________. _____’s notable historical moments include ________. Three unique characteristics of _______ include _______.
3) Show and describe historical data on its quantities produced (sales), its price, and its revenue at least 10 years.
arrow_forward
2
arrow_forward
6.Hypotheses
Which of the following statement(s) is/are true if all of Stahl et al’s hypotheses are true?
a.
Brand equity and behaviour change together
b.
Increases in differentiation are positively associated with customer acquisition
c.
Changes in knowledge are negatively associated with retention rates
d.
Changes in esteem are not associated with changes in acquisition rates
arrow_forward
11. A key to business success is to decide in advance how to respond to the issues that
underlie all questions of ethics and
A) personnel complaints
B) compensatory damages.
C) governmental support
D) social responsibility
12. Which of the following does NOT fall into the degrees of competition continuum?
A) Perfect competition
B) Monopolistic competition.
C) Competitive advantage
D) Oligopoly
arrow_forward
10
arrow_forward
According to Figure 9-1, column D would represent which type of product?
BASIS OF
COMPARISON
Product
A
B
TYPE OF CONSUMER PRODUCT
C
D
Rolex watches
Burial insurance
Tootpaste,
ATM withdrawal
Cameras, TVs
Price
Usually very
expensive
Varies
Relatively
inexpensive
Fairly expensive
Place
Very limited
Often limited
Promotion
Figure 10-1
Uniqueness of
brand and status
stressed
Awareness is
essential
Multiple Choice
shopping
convenience
specialty
○ prestige
unsought
Widespread;
many outlets
Large number of
selective outlets
Price, availability.
and awareness
stressed
Differentiation
from competitors
stressed
arrow_forward
image attached thankyou
arrow_forward
4.6
arrow_forward
12. In the context of marketing, the most important role of the family is
A) intergenerational brand transfer
B) peer socialization
C) socialization of family members
D) shared shopping experience
E) parental socialization
13. John drives by the same billboard every day on his way to work. He has seen the
billboard so many times, that he no longer notices it. This is an example of
A) sensory adaptation
B) just noticeable difference
C) differential threshold
D) perceptual blocking
E) absolute threshold
arrow_forward
(12) Suppose all firms in a monopolistically competitive industry were merged
into one large firm. Would that new firm produce as many different brands?
Would it produce only a single brand? Explain.
arrow_forward
Please
arrow_forward
2. You have developed a self-study certification system for those who need credit hours for
recertification by your state's social welfare office. The system operates at virtually no cost, i.e.,
there is no marginal cost. A marketing research team has assembled the following sale
information:
Online Self Study Certifications for Social Work License
Certification
Certification
in Online Counseling as a Group Home Counselor
TR Counseling
TR Group Home
Segment 1
Segment 2
Segment 3
Segment 4
Customers
1000
1000
1000
$190
$150
$95
1000 $35
$70
$90
$160
$195
Bundle
$260
$240
$255
$230
TR Bundle
arrow_forward
4. Justify that inventions keep evolving in an episodic form. Explain its characteristics. How did
Toshiba take advantage of it in gaining market power in the global data storage industry? When can
creative destruction grow as disruptive innovation?
arrow_forward
2. Market structures
For each of the following scenarios, identify the number of firms present, the type of product, and the appropriate market model. Select the matching
entry for each dropdown box in the following table.
Scenario
There are hundreds of colleges and universities that serve
millions of college students each year. The colleges vary by
location, size, and educational quality, which allows students
with diverse preferences to find schools that match their needs.
Dozens of companies produce plain white socks. Consumers
regard plain white socks as identical and don't care about who
sells them their socks. The technology for producing socks is
widely known, and any reputable person who wanted to start a
sock manufacturing business could obtain a loan from a bank to
buy the necessary machinery.
In a small town, there are four providers of broadband Internet
access: a cable company, the phone company, and two satellite
companies. The Internet access offered by all four…
arrow_forward
3
Choose any Pricing related (theory, strategy, philosophies, models,
techniques, etc ) to discuss in-depth.
Element 4: Provide real example/s that support your chosen approach
arrow_forward
1. Critically analyse Danone Corporation’s entry mode of 2 markets ( for example, UK, Nigeria, etc.) from 2 different continents ( excluding India) as it is a multinational corporation with references of the informations. Consider the following points during writing the answer : a. Reason behind choosing this particular market and when did they enter the market and with what product?b. Entry mode and was it a good or regrettable choice - critically analyse;c. Was the business a success or failure in the new market? Why.
arrow_forward
1.Microsoft is one of the leading software companies. Prior to 2000, Microsoft’s share of the market for personal computer operating systems stood above 80 per cent. However, since the twenty-first century Microsoft’s market share has steadily declined to 40 per cent. This is due to the rise in competing software producers such as Apple macOS (10%), Google's Android OS (35%), Linux Operating System (35%), and Apple iOS (5%). The market share of each company is provided in parentheses. Google and Linux have decided that it would be in their best interest to work together to serve the market. This is not common knowledge to the person’s outside of the companies.
i. Draw how equilibrium price and quantity are determined in this industry. Hi does this refer to the monopoly market structure diagrams?
2. Allsmart’s demand curve is given by Q=10-P for its dishwashers. The marginal and average cost is $3 per dishwasher produced. Complete the following table. Photo below concerns…
arrow_forward
212592/variants/1301916/take/7/
Question 15
Listen
Which of the following describes a unique value proposition
of an ice cream business?
A Scoopy's will offer the only fluffy waffle cone in
Dallas.
B
C
D
Scoopy's will be located in the downtown area of
Dallas.
Scoopy's will offer five different flavors of ice cream.
Scoopy's will offer a 50 percent discount when buying
two cones.
13 of 18 Total Questions Answered
* £ ✰ ✰
All Changes Saved
V
(
□ ***
ANN
Continue
10/
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Related Questions
- two picturesarrow_forward1arrow_forward2) How does the corporate office create a parental advantage, which is difficult to duplicate by its more focused competitors? 3) What are the synergies and economies of scope and how do they work at Disney to lower its overall costs? 4) Given the diversification approach that Disney uses, what are some things that they can do to deal further with the trend toward cord-cutting and competition from large streaming and content producers such at Netflix, Amazon, and other content producers?arrow_forward
- II. Problem 1. Tennis Products, Inc., produces three models of high-quality tennis rackets. The following table contains recent information on the sales, costs, and profitability of the three models: Average Quantity Sold (Units/Month) 15,000 5,000 10,000 Variable, Cost per Contribution Current Price Total Margin Per Unit Contribution Model Revenue Unit Margin* $225,000 85,000 250,000 $560,000 A $30 $450,000 175,000 450,000 $1,075,000 $15 $15 B 35 18 17 C 45 20 25 Total * Contribution to fixed costs and profits. The company is considering lowering the price of Model A to $27 in an effort to inçrease the number of units sold. Based on the results of price changes that have been instituted in the past, Tennis Products' chief economist estimates the arc price elasticity of demand to be -2.5. Furthermore, she estimates the arc cross elasticity of demand between Model A and Model B to be approximately 0.5 and between Model A and Model C to be approximately 0.2. Variable costs per unit are…arrow_forward4arrow_forward1. Tom Jackson has been running a successful steakhouse that specializes in serving upscale steak dinners. His current marketing campaign targets residential households. Recently, it was announced that a new conference hotel was to open near his steakhouse, bringing in many potential business customers. Speculation followed that Morton's steakhouse-an upscale steakhouse chain currently marketing to business customers nationallywas considering opening one of its restaurants near the new hotel and would therefore compete with Tom's restaurant. In light of the potential threat from Morton's, Tom began considering the possibility of making a significant investment to change his marketing campaign and target businesses rather than households. In doing so, he estimated the following profit outcomes (in thousands of dollars) resulting from the strategies that he and Mortons might implement: Morton's Marketing Target Enter Don't Enter -$200, -850 $50, $100 $105, $0 Businesses $90, $0 Тоm…arrow_forward
- Refer to the Front Page to answer two questions. FRONT PAGE Pricing Disney+ Disney decided it wanted to provide streaming services directly to customers, rather than renting its library of films and television shows to other streaming services like Netflix. But how successful would a streaming service be? In other words, what did the demand for a "Disney+" streaming service look like? Disney knew that the number of subscribers would depend not just on the attractiveness of the Disney archives, but also on the subscription price. After doing some market research, Disney decided to launch Disney+ at a price of $6.99 a month (or $69.99 per year). When Disney+ was launched on November 12, 2019, 10 million people signed up on the first day-a resounding success!arrow_forwardQ3 solution needed company: Amazon 1) Choose one product and identify its market structure among a perfectly competitive, monopoly, monopolistically competitive, and oligopoly and explain why. Product: Perfectly competitive: Monopoly: Monopolistically competitive: Oligopoly: 2) Choose one company for your product and describe its history and at least three unique characteristics of that company. The company for my product that I have chosen is ________. _____’s notable historical moments include ________. Three unique characteristics of _______ include _______. 3) Show and describe historical data on its quantities produced (sales), its price, and its revenue at least 10 years.arrow_forward2arrow_forward
- 6.Hypotheses Which of the following statement(s) is/are true if all of Stahl et al’s hypotheses are true? a. Brand equity and behaviour change together b. Increases in differentiation are positively associated with customer acquisition c. Changes in knowledge are negatively associated with retention rates d. Changes in esteem are not associated with changes in acquisition ratesarrow_forward11. A key to business success is to decide in advance how to respond to the issues that underlie all questions of ethics and A) personnel complaints B) compensatory damages. C) governmental support D) social responsibility 12. Which of the following does NOT fall into the degrees of competition continuum? A) Perfect competition B) Monopolistic competition. C) Competitive advantage D) Oligopolyarrow_forward10arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Managerial Economics: A Problem Solving ApproachEconomicsISBN:9781337106665Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike ShorPublisher:Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning