Tax policy; environmental regulations; trade restrictions and reform; tariffs; political stability Economic: Cultural norms and expectations; health consciousness; population growth rates; age distribution; career attitudes; health and safety Technological:
These factors present opportunities or threats that impact the business. Effectiveness in addressing these external factors ensures that Apple remains strong despite tough competition in the global market.
Improving free trade policies opportunity Stable politics in developed countries opportunity More free trade policies are created over time, especially with developing countries. Additional free trade policies increase the opportunities for Apple to distribute more of its products to various markets around the world.
On the other hand, the stability of the political landscape in many developed countries presents opportunities because Apple can expect minimal political issues affecting its business. Rapid growth of developing countries opportunity Stable economies of developed countries opportunity The economic stability of most developed countries creates opportunities for companies like Apple to expand their businesses.
However, the rapid growth of developing countries is more significant. For instance, the high economic growth rates of Asian countries are major opportunities for Apple to increase revenues through sales in these foreign markets.
Speed and effectiveness are important because competitors are also targeting these high-growth economies. The trend of the increasing popularity of mobile access is an opportunity for Apple to continue providing easy-to-use mobile devices.
The firm has already taken steps to exploit this opportunity, such as through the iPhone, iPad, and Apple Watch.
The rising use of social media is also an opportunity because it increases demand for digital devices like Apple products. Cloud computing trend opportunity Technological integration opportunity Growing apps market opportunity Cloud computing is becoming popular among individuals and organizations.
Apple can exploit this opportunity by offering cloud-friendly devices and apps. On the other hand, technological integration of devices is a major trend. Apple can take advantage of this opportunity by continuing its strategy of providing products that can be seamlessly connected to each other.
In addition, the apps market is growing. Apple has the opportunity to grow its App Store. Business sustainability trend opportunity Product energy efficiency trend opportunity Labor rights trend opportunity Apple is already addressing the opportunity to maintain business sustainability through recycling and related programs.
In addition, the company continually seeks for new technological solutions to improve the energy efficiency of Apple products, such as through improved batteries, processors, and components that emit less heat. On the other hand, the labor rights trend is impacting the global business arena.
Apple has already taken steps to address the opportunity to improve customer perception about its products by improving employment practices throughout its supply chain.
As a result, more privacy regulations are imposed on businesses like Apple. This factor is a threat because it creates new challenges for Apple in developing products that involve transmission of private information. However, this factor is also an opportunity for the company to improve product features that protect privacy.
On the other hand, governments are also imposing stricter telecommunications regulations, which are a threat because they could potentially limit the usability of Apple products.Word List This word list has essential words to help boost your vocabulary.
Free from yunusemremert.com A Starbucks café in Toronto.
Starbucks Coffee’s PESTEL/PESTLE analysis indicates that most of the external factors in the company’s remote or macro-environment present opportunities.
SWOT analysis of Puma is covered on this page along with its segmentation, targeting & positioning (STP). This pages also covers the main competitors of Puma, its USP, tagline & slogan.
Innovative Products: Given Nike's focus on R&D, as mentioned in the strengths section of this analysis, the company is typically on the forefront on product innovation.
For this assignment, Nike are chosen to be the subject company as our group will analysis this company and discuss about the impact of Porter’s Five Competitive Forces model on Nike company. For the first force of Nike company- the internal rivalry is high.
PESTEL-PESTLE Analysis of Nike by adamkasi | Mar 26, | Companies Nike is a globally recognized brand of footwear, athletic apparel, sports accessories and equipments.