Date: 2nd December‚ 2012 1. What were the considerations that Toys ‘R’ Us factored into their move to the Australian market? Answer: They found out that Australia is a high-income market of 17million consumers‚ known as a culture to be highly interested in its children. With a toy purchase rate 30 percent less than in the United States‚ Toys “R’ Us smelled market opportunity. 2. What aspect in all their marketing considerations did they fail to evaluate? Answer: Toys ‘R’ US was lacked
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Financial objectives: • Constant product innovation (at least two upgrades and one new product launch) to prolong the product lifecycle which will help in maintaining and growing the market share. Current product portfolio (April 2012 sales) is I phone:60%‚ I Pad:20%‚ I pod: 13%‚ Mac 7% • Focus at achieving key performance index which are aligned with the investor’s expectations: o Earnings Per Share = 50 o Return on Equity= 45% o Credit Rating: A++ (Superior grade) o Generate and maintain
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By Miguel Toledo Cruz 20199666 “Homework 2” Strategic Management Instructor: Dr. Sibin Wu Master in Business Administration Wednesday‚ September 12th‚ 2012 Do you think Apple is a visionary company? Why? Do you think Steve Jobs built a long-lasting company? Why? Nowadays‚ who do not know Steve Jobs worldwide? There are probably thousands of people who don’t know who he is/was‚ but certainly there is a higher percentage of people that somehow has had contact with any of Jobs
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March‚ 2014 Company history: Apple Inc.‚ formerly Apple Computer‚ Inc.‚ is a multinational corporation that creates consumer electronics‚ personal computers‚ computer software‚ and commercial servers‚ and is a digital distributor of media content. Apple ’s core product lines are the iPhone smart phone‚ iPad tablet computer‚ iPod portable media players‚ and Macintosh computer line. Founders Steve Jobs and Steve Wozniak created Apple Computer on April 1‚ 1976‚ and incorporated the company on January
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Organization of Apple was established in 1976 as a computer company. However‚ in the last decade‚ Apple has expanded into a complex company that specializes in much more than just computers. In 2001‚ Apple broke the barrier with the iPod‚ eventually becoming the dominant market leader in music players. In following‚ Apple joined the phone industry in 2007 with the iPhone‚ which has also been widely successful. Apple is known as a consumer goods company; therefore evaluating its value requires understanding
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* http://www.fool.com/investing/general/2010/06/07/apple-strengths-weaknesses-opportunities-threats.aspx Opportunities: Demographic: Very loyal customer base which has expanded beyond the Mac-heads of the 1990s with the iPod and the iPhone. The iPad has had a very successful launch. This seems to be leading to more sales of computers. Socio - Culture: Has a well-deserved reputation for high-quality products that work smoothly. New products are generally well-received and have a built-in purchasing
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INTRODUCTION OF APPLE Apple Inc‚ is an American multinational corporation with a focus on designing and manufacturing consumer electronics and closely-related software products. Headquartered in Cupertino‚ California‚ Apple develops‚ sells‚ and supports a series of personal computers‚ portable media players‚ computer software‚ and computer hardware accessories; Apple is also currently involved in the creation of new technology concepts‚ such as the iPhone‚ Apple TV‚ and many features of its
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Company Background Apple Inc. and its wholly-owned subsidiaries (collectively “Apple” or the “Company”) design‚ manufacture‚ and market personal computers‚ mobile communication devices‚ and portable digital music and video players and sell a variety of related software‚ services‚ peripherals‚ and networking solutions. The Company sells its products worldwide through its online stores‚ its retail stores‚ its direct sales force‚ and third-party wholesalers‚ resellers‚ and value-added resellers. In
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This situation raises a natural need for enterprises that need to create separate impression ‚ a " personality " for their products . So positioning strategy was born . In the book "Visionary Companies"‚ co-authored by two Americans Jerry Porras and Jim Collins writes about the 18 most successful companies in the world 100 years ago‚ may find common ground to bring outstanding success for the this great brand: they never change their brand philosophy throughout the development stage. The strategy
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incurring losses. Product Objective – To promote brand awareness Apple Company is entering a new industry‚ and Apple needs to grab the attention of the customers who are interested in buying iCar. Unlike in the phone industry whereby Apple have its base customers‚ Apple is new in automobile industry and have yet to capture the attention of the customers. Therefore‚ it is important to grab the attention of the customers by promoting brand awareness about Apple’s company iCar so that we can achieve
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