Strategic Management Essay Example | Topics and Well Written Essays - 2500 words - 12

Strategic Management - Essay Example As such there is a greater link between the innovation and firm level strategy that need to be supporting each other at the enterprise wide level. The innovation therefore without a concrete strategy may not be possible for the organizations to achieve in either short term or long term. Apple, one of the leading electronics manufacturing firms in the world started as a Personal computer manufacturer and was completely outclassed by its competitors in almost all segments of the business. However, over the period of time, its innovation strategy has led to it become one of the most innovative firms with a distinguished record for brining in innovative products in the market. This paper will therefore look into the innovation strategy of the Apple and explore as to how Apple was able to achieve the innovation and what are some of the strategies and tools that it used to achieve such position in the market. On April fool day in 1976, Apple Computer was invented by a Collage drop out Steven Wozniak and with his friend Steve Jobs to form a company that can manufacture and market the computer designed and developed by Steven Wozniak. By 1980s Apple was one of the leading manufacturers of the computers offering both the hardware and software in one PC. Apple Computers were considered as the State of the art computers providing both the efficiency and cost effectiveness and were phenomenonal in their ability to perform complex operations with more efficiency as compared to most of its competitors. Apple I, Apple II and Apple III were earlier models of the computers that were manufactured and marketed by the Apple by making more innovations into the overall design and technology of these computers. Thus the history of innovation at Apple is one of its earliest achievements as Apple continued to evolve its products by offering better and more

To what extent do governments shape the global oil economy In your Essay

To what extent do governments shape the global oil economy In your analysis, consider the role of nature, industrial structure and war - Essay Example Constant discovery of new oil fields is necessary to avoid depletion of current reserves; however this is challenging from both economic and business perspectives. For instance, in Canada the oil reserves are difficult to correctly measure because of technological difficulties leading to high cost involvement. On the other hand, oil reserves in Alberta which are now considered second largest oil reservoir were considered as non-economical to develop in past decades (Inkpen, 2012, p.2). One of the most important aspects of oil industry is that rich and poor nations alike are consumers of oil. However, since oil is location-specific therefore only a specific number of nations are major oil producers of the world. Over the last decades, the developed nations have become leading importers of oil which has resulted in severe geographical and political issues. Oil industry is one sector which has experienced large scale government interventions and regulations ranging from taxation to cont rol over production. OPEC â€Å"represents government intervention on a global scale† (Inkpen, 2012, p.4). For five years Saudi Arabia which is OPEC’s largest producer country controlled price by reducing production during phases of excessive supply and increased production during phases of low supply. It could afford because of low population and excessive production. Thus Saudi Arabia along with other OPEC members strived to maximize their oil revenues in the short run (Spero & Hart, 2009, pp.346-347). OPEC’s goal is to sustain the bargaining power on oil producing countries by controlling price. The idea is to ensure smooth distribution of oil to consumers, producers getting their regular profits and investors earning fair returns. However, OPEC’s capacity to fulfill its mission is controversial since increasing oil prices in the 1980s resulted in storing up of oil by producing countries and new exploration