The Economic Indicators That Affect Apple Inc.

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Apple Inc. This paper introduces six economic indicators that affect Apple Inc. and how they form part of the firm strategic plans and goals for the future of the firm. A definition this paper provides a definition of each economic indicator along with an explanation of how they affect the company’s domestic operations. In addition, the paper offers suggestions as of what the strategic response for each indicator should be. Economic Indicators An economic indicator is defined by (n.d.) as “A piece of economic data, usually of macroeconomic scale, that is used by investors to interpret current or future investment possibilities and judge the overall health of an economy”. Below are six economic indicators that affect Apple Inc. and its business decisions and strategies. Real GDP (Gross Domestic Product) The real GDP is the market value of all goods and services produced in a nation during a specific time period. Real GDP measures a society 's wealth by indicating how fast profits may grow and the expected return on capital (American Association of Individual Investors, n.d.). Firms use this information to identify opportunities of investment and growth (Thompson, 2011). Because Apple is an industry giant, it needs to look for opportunities to constantly improve and grow in order to maintain its loyal customer base. The real GDO report will provide the firm with an overall understanding of the country’s economic health. Apple’s Strategy Response In
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