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A brief history of the Apple company
History of apple company in short
A brief history of the Apple company
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Introduction: Apple organization was recognized in 1976 as a computer organization. However, in the last several years, Apple organization has extended into a complicated organization that focuses primarily on much more than just computer systems. In 2001, Apple organization split the hurdle with the iPod, gradually becoming the prominent market innovator in music gamers. In following, Apple organization signed up with the phone market in 2007 with the iPhone, which has also been widely successful. Apple organization is known as a customer goods company; therefore analyzing its value needs knowing its items and customers. This would be very challenging, where Apple organization plays with many different companies throughout the different sectors it participates. Apple organization has recognized an exclusive popularity in the technology market since it is versatile from its viewpoint of extensive visual design to its unique promotional initiatives. The exclusive attribute about Apple organization is that it has a very strong consumer base, which is very important in knowing Apple organization. Meanwhile, more press is associated with their CEO; Steven P. Tasks (Apple primary executive) who is seen as the designer of many of Apple's amazing items, and the reason for Apple’s success due to his demonstrations at Apple's media events that are dazzling and innovative. Given his celebrity picture, his position and health as Apple's CEO connections into how traders value Apple organization. For example, earlier in the year there was an incorrect review that, He continual cardiac arrest, and gossips went through the internet, temporarily losing Apple's stock at price 5%. (sinarozati, 2014) Apple’s Mission Statement: “Apple designs Macs,... ... middle of paper ... ...x up or iPhone as a thank you for their achievements .organizations should accept a complete compensate system that features both economical and non-financial rewards. This is exactly what the apple company has done up to now and given its achievements, this strategy has confirmed to be efficient. It comes with no shock, then, that Apple’s workers might even be inspired by Bob Job’s autocratic management style. (UKessays, 2013) Apple organization give great compensate to workers for their great performances; they have a collaboration system which includes supervisors and employees as well which tends to guide the matters of the company; workers who make tremendous participation to this system are also compensated. Apple organization considers in giving identification to people who impact on the organization which in turn increase their spirits. (Cole, 2011)
Apple Computer Inc designs, manufactures, and markets personal computers and related personal computing and communication solutions. The return of Steve Jobs, the companies founder, as CEO has pulled the company’s stock price up 775-percent through his launch of innovative products such as the iMac computer line. On January 5, 2000, Jobs announced that he was dropping interim from his CEO title and taking the job full-time. With this news and Apple’s new products such as the iBook, a portable pc and Quick TV, an internet television access feature, Apple Computer is headed for success and is sure to increase their share in the computer market.
In a business or a workplace, it is essential for the organization, which consists of the employers, the managers, and their employees, to work towards reward programs within the human resources in order to create a healthy and cordial work environment and most importantly, to efficiently achieve business’ goals. In Carol Patton’s (2013) article, Rewarding Best Behaviors, she explains the importance of several companies that are beginning to recognize their employees, not just for the end-results, but for reflecting good behaviors towards the business’ values, such as demonstrating creativity on certain projects, problem solving towards certain issues, and also collaborating with fellow co-workers. Patton stresses that these reward programs could help suffice the overall being of a company as long as the rewarded behaviors correlate with the corporate strategy. Patton expresses that some things human resources must comprehend include “how its company creates success, what drives its business strategy and what behaviors are needed from employees to achieve that success” (Patton, 2013 para. 15). Moreover, the employee would be reflected as a role model for others and perhaps influence them to demonstrate comparable behaviors.
Reward and recognition has to be promoted for small and large achievements. An effective reward’s program keeps employees engaged, dedicated, and committed to the organization.
Program management is the consistent management of a set of interrelated projects designed to accomplish a single outcome.
...r investigate what sort of rewards or fringes would their employee’s desire compared to the old method of monetary incentives for the beneficial for the company”.
O'Grady, J.D. (2008). Recent Titles in Corporations That Changed the World. In Apple Inc... Santa Barbara, CA: Greenwood. Retrieved from http://ebooks.abc-clio.com/reader.aspx?isbn=9780313362453&id=GR6244-4
Incentive reward engagement offers a win-win situation for the employees and the company. Kelleher believes that incentive is a form of recognition and builds engagement through company’s and employee’s obligations towards a common goal (2014). The company has a “Growth Incentive Scheme” for the production workers. Special monetary incentives are provided should the workers achieve the monthly output target. Through the rewards, employees feel motivated towards their work and thus, contribute towards the company’s
Exclusively selected employees are critical to Apple’s success, employees know they are important and are hired because they possess the vital skills needed to move the company forward. Highly motivated employees who are exclusively selected are engaged and motivated, knowing they are making a difference to a company, their creative ideas offer technological advances that move us forward every day. While hiring and maintaining top talent is an advantage to any company, there is always a disadvantage of cost. Engaged employees will perform to a higher standard, however they must be compensated for their contributions if not they will leave the company.
With this product, Apple will earn a strong competitive advantage through Personnel Differentiation by helping disabled children and medical companies to help people.
emerging or new market. It can originate from new technology or new market opportunities (Eliashberg, J., Lilien, G. L., & Rao, V. R. 1997). Literature defines product development as exploiting an untapped market opportunity and turning it into a value product for customer satisfaction. Development and introduction of a new product requires extensive research on understanding customer needs, market structure, emerging trends and analysing the internal & external competitive market environments. To evaluate customer satisfaction previous researches provide strong relationship between customer satisfaction and product quality, product features and value for money. ***
In large organisation, competition is not only in the market for goods and services but also for the quality of employees. As such, a large organization can only become attractive to the most skilled and high quality workers if it has an effective compensation and benefit plan. The key purpose of an effective compensation and benefit system is to provide employees with the right rewards for their work and right behavior in the workplace. Typically, organizational success is determined by the quality of employees an organization has. In turn, the organization can only attract such quality workers and maintain them through effective compensation and benefit
Apple Inc. was established by Steve Jobs and Steve Wozniak on April 1, 1976 as a computer designer, developer and seller company. However, the company shifted its focus from only personal computer to include other consumer electronics such as portable media player and mobile phone in 2007. Apple Inc becomes one of the most popular makers in its field since it seems that its popularity has increased according to a report on www.statista.com that Apple Inc’s products sales was generally increasing throughout the first quarter of 2006 to the first quarter of 2014. On the one hand, it has increased its revenue from about 14 billion US dollars to more than 170 billion US dollars in 2013. All in all, the company is highly successful corresponding to its products’ development and their sales growth in world’s market.
Apple doesn't just sell functional benefits for today; it is selling the excitement of a product that would change the future. Apple’s advertising creates emotional triggers such as consumers’ desire to belong to a larger gro... ... middle of paper ... ... shed these devices with added features and improvements. However, they are still the same basic devices.
Steve Jobs one of the founding fathers of Apple Inc used strategic planning to his advantage by making Apple’s mission a simple one- bringing easy to use computers to the general market, revolutionizing the computer market. In 2007, after thirty years, the organization changed its name from Apple Computer to Apple Inc., this was a significant move because the organization became more independent, and it was no longer known as a vendor to Macintosh personal computer line (Yoffie & Slind, 2008). This strategic move paid off; a year and half later, Apple Inc.’s third quarter net profit of $1.07 billion on a $7.46 billion in revenue (Yoffie & Slind, 2008). SWOT Analysis of Apple, Inc. Strengths (Competitive Advantage)
The money factor is a bad way of motivating the top employees. Employees need to work because they love the job and not because they are motivated by a financial reward. In order to motivate the top employees in the company, Apple needs to reward them without involving the money aspect this is because a top employee motivated to work because of a financial reward would achieve less than that working due to other motivational factors other than money in addition, the money aspect will only work for the short-term goals and not the long-term goals Apple could retain the top employees in the company in several ways firstly, apple company should offer services such as dare care services. Day care service may seem like a minute aspect that would not impress the top employees. However, most employees are affected by children related problems. A