The Globalization And Ideology Of Apple Inc.

I have to admit that I am a fan of Apple Inc. products especially the iPhone. In fact, as I am writing this Individual Reflective Journal, I am waiting for the latest iPhone 7 which the critics claimed that rumours spread around the 2016 iPhone release will be on 12th September 2016. This phenomenon had caused a chaos to the fans and also technology lovers around the world who consistently update themselves with the product. This has got me thinking on the Positive & Negative Effect of Globalization on Apple Inc. specifically the iPhone.

Globalization is difficult to simply define due to the variety of changing definitions that have been established over previous decades. Hamilton and Webster (2012) suggest that globalization is the connection between nations, defining globalization as a process in which barriers are reduced in order to encourage exchanges between countries. This view proposes that globalization refers very much so to the trade barriers and the improved communications between countries in order to ensure the world is unified. Globalization increases economic activity across the world and opens up markets for foreign investment.

Economic globalization alludes to the expanding reliance of world economies because of the developing size of cross-outskirt exchange of items and administrations, the stream of universal capital and wide and quick spread of advancements”. (“ http://www.un.org/en/development/desa “). The quick developing importance of data in a wide range of beneficial exercises and marketization are the two noteworthy main thrusts of financial globalization. Economic Globalization is the expansion in exchange and capital exchanges crosswise over national limits. There are the two upsides and downsides of globalization. The advantages incorporate more prominent rivalry, bring down costs, economies of scale. While globalization can likewise abandon a ton because of the pace of the advance, this gives more influence for wealthier and more effective multinationals. They can dodge and sidestep charges while expanding costs on products. A benefit of globalization is about the efficiencies and openings, open markets make. Business can impart productively and successfully with their accomplices, providers, and clients and oversee better their provisions, inventories, and appropriation organize. Neighborhood dealers can pitch products to remove spots/areas at an indistinguishable speed from if they somehow happened to offer in their unique nation. Economic Globalization isn't something that ought to be overlooked, it is possible that it is critical to the achievement of the business. Being able to

Apple Incorporated, one of the world’s largest personal electronic entertainment companies, built its empire by developing business strategies to mitigate or eliminate factors that affect global markets. To maintain its global dominance Apple intends to adopt the following four themes to ensure sustainability. Scale operation including manufacturing, retail, and Internet to meet global demands. Rapidly expand into developing countries with a focus on China. Introduce new products, such as the Apple TV and new iPhone schedule for release in September 2012. Invest the company’s 100 billion dollar cash surplus into new acquisitions, continued research, and development, and entry into new markets. Apple hopes these business strategies will cement its place in an ever changing global market (Meyers, 2012).

Founded in 1977 Apple Inc. has provided an extended range of products and services to meet the increasing demands of consumers worldwide. Apple has multiple lines of consumer goods including. Computer software and cell phones along with consumer electronic products globally Apple values their shareholders and consistently creates new goods and ideas is a way of life for Apple. Apple has over 300 locations across ten different countries giving them a significant presence in the market. Apple has become a prime example of a prosperous business organization that is thriving globally. Apple is known for their high levels of customer satisfaction and retention and is one of the most well known global organizations (Graziano,2013).

This research portfolio is about Apple Inc., a multinational company that has many operating locations in the world, such as China, Taiwan, Japan, Ireland, Europe, Australia and so on. This paper will focus on Apple 's background information, its global operations and lastly, its employees and suppliers that help with the success of its daily operations.

Apple Inc. is a global leader in the personal computer and mobile phone industry. The American company operates as a multinational firm, and has helped in adoption of new technology in the industry in the over 200 countries in which it operates. One of the reasons that has helped Apple Inc. (Fortune 500, 2015) to expand its business operations is its compliance with the financial regulations that are adopted for firms of this nature; that is, firms that operate in the international market. For this reason, the company adopts diverse methods to account for its assets, liabilities and shareholder equity. The first method adopted by the company is the balance sheet or the T-method is a two-sided method in which assets are shown on the left

Despite number of analytical work, publication on globalization the subject remain unspecifiable or rather should say ill-defined regarding concept, history, and economic, cultural and political involvement (Scholte 2005). Yet theorists, researchers try to describe the term or the phenomena as simply as possible. There are two ways the word “globalization” can be used again adding more to the confusion. It can be used in a positive way describing a process into the global economy and another in a systematic way prescribing a know-how of progress founded on rapid integration with the global economy. Trade, investment and finance at the international level are the three economic expositions of the phenomenon. It is about development of economic activities not within but beyond national borders. It can simply be described as a process which has association with growing free economy, interdependency based on economy and thickening economic integration in the world economy. (Nayyar 2006).

Introduction Consumer electronics company in Cupertino, CA 72,800 employees $156 billion in sales in FY 2012; $41.7 billion in profit Strong growth trajectory since early 2000s Main products: iPad (tablet), iPhone (smartphone), computers, mp3 players 3rd-largest online retailer; also has network of retail stores Simplified product lines, emphasis on design and product quality Integrated hardware and software Segmentation Demographics: Apple skews young, urban, white, educated Socioeconomic: High level of disposable income, emphasis on style, upwardly mobile, social. Upper middle class and above.

Apple is known all over the world to provide excellence, when it comes to provision of its quality services and products with effectiveness in the implementation and design of their merchandise with products of high quality such as Mobile phones, Computers and Music softwares (Apple, 2015). The core business function of the company is to manufacture quality products since it is mainly a consumer company as most of its profits are derived from the sale of its hardware products. Their sales are generally from all over the world as the company is global and their products are considered to be in the high end of the market thus, high consumer product prices due to the excellent quality. Many of the manufacturing of Apple’s products is done overseas with over 600 locations in Asia handling the manufacturing of these products, and from these numbers, those found in Mainland China are about 331 locations (Supplier List 2013, 2013). Since most of the manufacturing is outsourced, this means that Apple is able to lower their costs of production significantly by reducing costs of labor as labor in China is quite cheap. From a report survey given by the University of Manchester which estimated that cost of assembling iPhones was quite low in China which led to a significant reduction of the price to about 47% for each iPhone as compared to the relative cost of assembly in the United States. With this key strategic move of lowering costs of

Apple Inc. is an American multinational organization located in 1 infinite loop, Cupertino, California 95014, in the middle of the Silicon Valley

Aside from all of the advances Apple has made in their technology systems and products that has become a company that is also a fully functioning business organization that is flourishing in economies around the world. Keeping local customers, as well as those on a global level, satisfied and happy, the company helping to make a unique unmatched precedence in the mind of their customers. To date their company has continually offered a wide range of products to meet the growing demands of customers all over the world. Apple not only produces and sells computer software and cellphones; they also distribute consumer electronic products all around the globe. Increasing the value of shareholder and coming up with new inventive products is a constant process for Apple which continues to do so with their popularity around the world with about 301 store locations in 10 different countries

As indicated by one of most famous definitions which Universal Financial Fund(IMF) are given, globalization is "the procedure through which an undeniably free stream of thoughts, individuals, merchandise, administrations and capital prompts the coordination of economies and social orders." Globalization isn't a current marvel. In 1962, the expression "globalization" was first time approach to the diary called "The Financial matters". Nonetheless, around then globalization more probable as a term to use by financial specialists as opposed to well known words can be discovered all over the place.

Increasing internationalization of the three circuits of capital is driving globalization: International trade (the global marketplace), international finance (the global casino) and international production (the global assembly-line), and the concomitant, increasing international concentration and centralization of capital. This characteristic of contemporary globalization, which distinguishes it from previous periods of international economic integration, has been a major contributor to the break-up of the institutional pillars of the postwar productive order, and is propelling further globalization.

“Economic globalization alludes to the expanding reliance of world economies because of the developing size of cross-outskirt exchange of items and administrations, the stream of universal capital and wide and quick spread of advancements”. (“ http://www.un.org/en/development/desa “). The quick developing importance of data in a wide range of beneficial exercises and marketization are the two noteworthy main thrusts of financial globalization. Economic Globalization is the expansion in exchange and capital exchanges crosswise over national limits. There are the two upsides and downsides of globalization. The advantages incorporate more prominent rivalry, bring down costs, economies of scale. While