Monday, December 30, 2019

Root Compound Definition and Examples in English

In morphology, a root compound is a compound construction in which the head element is not derived from a verb. Also called a primary compound  or an  analytic compound, contrast with synthetic compound. Root compounds are made up of free morphemes, and the semantic relation between the two elements in a root compound is not inherently restricted. Types of Compounds Compound WordsCompound AdjectiveCompound NounCompound Verb Examples and Observations Andrew Carstairs-McCarthy: Let us call a NN [noun-noun] compound like hairnet or mosquito net, in which the right-hand noun is not derived from a verb and whose interpretation is therefore not precisely predictable on a purely linguistic basis, a primary or root compound. (The term root compound is well established but not particularly appropriate, because primary compounds include many, such as climbing equipment or fitness campaigner, neither of whose components is a root in the sense [discussed earlier in the text]). Let us call a NN compound like hair restorer or slum clearance, in which the first element is interpreted as the object of the verb contained within the second, a secondary or verbal compound. (Yet another term sometimes used is synthetic compound.) Paradoxically, then, although verbs are relatively rare as elements in compounds in English (the swearword pattern is unusual), verbal compounds, in the sense just defined, are common. Rochelle Lieber: Synthetic compounding is highly productive in English, as is the root compounding of nouns. Noun-adjective (sky-blue), adjective-noun (blackboard), and adjective-adjective (red hot) root compounds are also relatively productive. Root compounds of other categories are harder to form and relatively unproductive (for example, verb-verb compounds such as stir-fry or noun-verb compounds such as babysit). Mark C. Baker: The first member of a root compound in English is not very fussy as to its category. It can easily be a noun or an adjective, and even verb roots and bound roots that are never used as independent elements in the syntax are possible. It is also possible for two adjectives to combine to make an adjective, or for a noun and an adjective to form an adjective. (1a) doghouse, strawberry, suspension bridge, breezeway (N N)(1b) greenhouse, blueberry, high school, fairway (AN)(1c) drawbridge, runway (VN)(1d) cranberry, huckleberry (XN)(1e) red-hot, icy-cold, bitter-sweet (AA)(1f) pea-green, steel-cold, sky-high (NA) In contrast, the attributive construction is highly category-specific. Only an adjective can modify a noun in this way, not a noun or a verb, or a category-less root. Thus, blackbird contrasts with black bird and greenhouse contrasts with green house; the latter examples have simpler. more compositional meanings. But there are no expressions such as dog house, draw bridge, or cran berry (with no compound stress) that correspond in the same way to doghouse, drawbridge, and cranberry. Nor can a noun modify an adjective, or an adjective modify another adjective without the mediation of an affix like -ly.   Strang Burton, Rose-Marie Dechaine, and Eric Vatikiotis-Bateson: If two roots combine, as in bluebird, linguists call this a compound or a root compound. Most English compounds show a pattern that morphologists call the righthand head rule. It goes like this: If the first word is of category X and the second of category Y, then the compound is of category Y. (X and Y stand for the major grammatical categories: verb, noun, adjective, and preposition.) The head determines the category of the compound--so Y is the head. The rule can be written as X Y → Y.

Sunday, December 22, 2019

Understanding The Learning Style Of The Target Academic...

Literature Review Peer-reviewed research is readily available with respect to leadership styles, but the resources available significantly diminish once personality traits and learning styles are introduced, and they become scant once the concept of athletics is further introduced. Therein lies the knowledge gap that this research project will begin to fill. In order to build the academic basis for this research, the literature has been presented in sections, beginning with learning styles and personality traits, continuing with testing and survey administration, and ending with athletic coaching. Of note, while the references and resources involving athletes and athletics are limited, there is existing research that connects personality†¦show more content†¦They indicate that coaches and instructors commonly attempt to use learning styles to maximize training outcomes, but that there has is very little actual verified data to support this notion. They then provide suggestions as to how to augment the available research and assessment tools (Fuelscher, Ball, MacMahon, 2012). This supports my argument that the research specifically pertinent to athletics with respect to learning styles, both assessment and application of the assessment, is scant. Personality Traits: Connection to Leadership Style Lucinda Parmer, Mark Green, Phyllis Duncan, and Catalina Zarate, surveyed a group of working adults utilizing a personality assessment and a leadership questionnaire, the latter of which was designed to identify behaviors that contribute to, or inhibit, the general idea of outstanding leadership, the results of which can be scored as 21 dimensions of leadership. The study identified that participant personality predicted 13 of the 21 dimensions of leadership that they identified in their assessment tools. This study did not assess people. Instead, it assessed the relationship of the concepts involved, thereby establishing a connection between personality and leadership (Parmer, Green, Duncan, Zarate, 2013). In another business setting, Zvi Aronson explored the relationship between project team composition attributes and project team members team leadership and facilitationShow MoreRelatedEssay On Blooma1162 Words   |  5 Pagesinteresting content. The conduction of a comparison between such media sources as Bloomberg and the World Economics Association’s has facilitated me to comprehend an importance of websites orientation on the particular audiences. Thus, assuming such practice as the one that complies with the learning process, I submit this memo to be analyzed. Both Bloomberg and WEA publicly reveal information that is relevant to the sphere of economics. 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The excessive use of punctuation, ?!?, following BEOWULF may seem quaint and immature to modern readers but it is worth consideration that Uslan is aimingRead MoreMulticultural Approach Essay904 Words   |  4 Pagesfollowing are the most frequently used definitions of multicultural education: An idea, an educational reform movement, and a process intended to change the structure of educational institutions so that all students have an equal chance to achieve academic success A philosophy that stresses the importance, legitimacy, and vitality of ethnic and cultural diversity in shaping the lives of individuals, groups, and nations A reform movement that changes all components of the educational enterpriseRead MoreI Planned A Lesson For My Grade Three Students Essay1260 Words   |  6 Pageslanguage learning. I used variety of methods and students were practicing the target language in reading, writing, listening, and speaking. 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Saturday, December 14, 2019

Bibliography of Abraham Maslow Free Essays

The Life of Abraham Maslow Psy 401 March 21, 2013 General Biography Abraham Maslow was born on April 1, 1908 in Brooklyn, New York. His parents were Jewish immigrants from Russia and he was the oldest of seven siblings. His father was a hardcore drinker of whiskey, loved women, and would often pick fights with other people. We will write a custom essay sample on Bibliography of Abraham Maslow or any similar topic only for you Order Now He did not like his father, yet over the years he learned to deal with him in a peaceful manner. On the other hand, Abraham Maslow had complete hatred for his mother throughout his whole life. As he grew older, he did not have any sympathy or love for her. It was so bad that when she passed away he did not attend her funeral. He described his mother as a heartless, uneducated, ignorant, and aggressive individual. She did not show any sympathy towards her children and would sometimes drive them crazy. His anger towards his mother inspired his pursuit and career in humanistic psychology (Hergenhahn, 2005, p. 584). He attended Boys High School and continued his education at the City College of New York. There, he fulfilled his father’s wishes to pursue law school. After attending law school and being dissatisfied with the direction of his education, he decided to transfer to Cornell University where he was taught introductory psychology by Edward Titchner. He was not inspired by Titchner’s approach to psychology and decided to transfer back to City College after one semester. He also had the desire to be near his cousin Bertha Goodman, as they were very close. Maslow and Bertha attended the University of Wisconsin together. When he turned 20, he married Bertha, who was 19, despite the fact that she was his first cousin. In Maslow’s eyes, his life had officially begun in Wisconsin (Hergenhahn, 2005, p. 586). Maslow earned his bachelor’s degree in 1930, his master’s in 1931, and his doctorate in 1934. He became the first doctoral student of Harry Harlow, who was a well known experimental psychologist. Maslow taught at Wisconsin before he moved to Columbia University. There, he became a research assistant for Edward Thorndike. In 1951, Maslow took the offer as chairman of the psychology department at Brandeis University in Waltham, Massachusetts. This was where he made his mark and became the leader in third force psychology. In 1968, Maslow accepted another attractive offer by the Sega Administrative Corporation, located on Stanford University. The reason for accepting this offer was due to dissatisfaction towards his academic life and weakening health. This gave him the opportunity to think and write freely as he pleased. The life of Abraham Maslow ended on June 8, 1970, which resulted from a heart attack at 62 years old (Hergenhahn, 2005, p. 589). Historical Context During the 1960s, the United States was going through tough times. They were fighting in the Vietnam War, which was unpopular among the American citizens (Hergenhahn, 2005, p. 570). A few very important figures were assassinated during their peak hours, which caused some instability among the citizens. These figures included Martin Luther king was assassinated by James Ray (mlk-kpp01. stanford. edu) and John F. Kennedy was assassinated by Lee Oswald (crdl. usg. edu). As a result, racial protests broke out among some major cities, which quickly turned violent. Hippies were also growing in popularity as they openly rebelled against others. Evidently, this was not a time period where rational philosophy or empirical philosophy was appealing (Hergenhahn, 2005, p. 571). The schools of structuralism, functionalism, Gestalt psychology, behaviorism, and psychoanalysis existed during the 1920s and 1930s. However, by the 1950s, the school of structuralism had faded away, and the schools of functionalism and Gestalt psychology merged into other schools of psychology. Only behaviorism and psychoanalysis persisted as significant, complete schools of psychology during the 1950s and 1960s. During the tough times mentioned earlier, many viewed the knowledge given by behaviorism and psychoanalysis as insufficient and/or inaccurate. A new viewpoint of psychology was desired, where it stressed on the human spirit, as well as the mind and the body. Behaviorism and psychoanalysis had many issues in their explanation of humans. One of the issues with behaviorism was that it equated humans as being similar to that of robots, animals, or computers. It did not see anything unique about humans. The major issue with psychoanalysis was that it focused on people with unusual emotional behavior and sought to develop methods to help abnormal people become normal (Hergenhahn, 2005, p. 574). The previous schools of psychology, according to third force psychology, lacked information that would assist healthy humans become healthier, eventually achieving their full potential. A new model was needed that focused on the positive traits rather than the negative traits of humans. As a result, third-force psychologists made an effort to provide this type of model. This effort began in the 1930s and 1940s when Abraham Maslow met with outstanding European psychologists (who escaped from the Nazis) in the U. S. These exceptional psychologists included Erick Fromm, Max Wertheimer, Karen Horney, and Alfred Adler. As a result, a new wave of movement, known as third-force psychology, was led by Abraham Maslow in the early 1960s. This new wave of movement was known as third-force psychology. It occurred in the early 1960s and was led by Abraham Maslow (Hergenhahn, 2005, p. 576). Important Achievements Abraham Maslow was most accountable for making humanistic psychology an established branch of psychology. With much effort put in by Maslow, he later founded the Journal of Humanistic Psychology in 1961. In addition, the American Association of Humanistic Psychologists was developed in 1961 and a division of American Psychological Association (APA), Humanistic Psychology, was established in 1971 (Hergenhahn, 2005, p. 586). One of Maslow’s greatest contributions was the hierarchy of needs. It gave us a better understanding of human motivation (www. bs. org). The hierarchy of needs, as Maslow described, arranged the needs of humans in a hierarchy. The needs further down in the hierarchy were more basic and similar to the needs of animals. The needs were arranged so that one has to fulfill the lower needs first in order to move onto the higher needs that follow. For instance, when the most basic needs, which were the physiological needs (such as thirst and hunger), were satisfied , a person may then move onto the safety needs (protection from danger or pain). When the safety needs were fulfilled, a person may then continue onto the love needs (to give love and receive love). After the love/belonging needs were satisfied, a person may then continue onto fulfilling the esteem needs (to be recognized, respected, confident, etc. ) Once a person satisfied the needs up until the esteem needs, then a person may pursue to become self-actualized. Maslow described this as the human’s ability to reach their full potential. Some examples he gave were musicians’ ability to make music, the artists’ ability to paint, and the poets’ ability to write. Maslow further described self-actualization as the individual’s ability to reach their potential (it is subjective). In addition, he thought that it was impossible for any human to reach their fullest potential, but were still capable of achieving self-actualization if they fulfilled the hierarchical needs (Hergenhahn, 2005, p. 587). To further enhance his theory, Maslow interviewed a number of individuals he thought had reached self-actualization. These individuals were Albert Einstein, Sigmund Freud, Albert Schweitzer, William James, Jane Addams, and Abraham Lincoln. He came to the conclusion of certain characteristics that self-actualized people obtained: their perception of the world was accurate and complete; they were very much satisfied with themselves and of others; they underwent indigenous and naturalness; they were private and independent of their surroundings; they were grateful; they experienced peak moments described as extraordinary visions, feelings of ecstasy, and powerfulness, yet weakness as well; they were concerned with the human race in general as opposed to only their family, relatives, and friends; and they had a sense of creativity (Hergenhahn, 2005, p. 87). Historical Impact In the early 1960s, a new wave of movement, led by Abraham Maslow, was known as third-force psychology (referred to as humanistic psychology). As a result, a paradigm shift had taken place. Abraham Maslow was most accountable for making humanistic psychology an established branch of psychology. This achievement had such a strong influence in psychology because the previous schools of psychology, according to third force psychology, lacked information that would assist healthy humans become healthier, eventually achieving their full potential. The new model of humanistic psychology focused on the positive traits rather than the negative traits of humans. (Hergenhahn, 2005, p. 576). With much effort put in by Maslow, he later founded the Journal of Humanistic Psychology in 1961. In addition, the American Association of Humanistic Psychologists was developed in 1961 and a division of American Psychological Association (APA), Humanistic Psychology, was established in 1971 (Hergenhahn, 2005, p. 586) One of Maslow’s greatest contributions was the hierarchy of needs. It gave us a better understanding of human motivation (www. dpsycinteractive. org). He described the human needs in the form of a hierarchy. As you go down the hierarchy, the needs became more basic, physiological, and similar to the characteristics of animals. As you go higher in the hierarchy, the needs were focused more on growth. Eventually, after all the prior stages were satisfied, one may reach the last stage of self-actualization. He described self-ac tualization as the individual’s ability to reach their potential. In addition, Maslow made important contributions to the area of human sexuality. Towards the end of Maslow’s life, he began to formulate new ideas in psychology known as transpersonal psychology. Maslow’s findings also influenced areas outside of psychology such as in business, marketing, medicine, education, etc. (Hergenhahn, 2005, p. 589). Abraham Maslow’s work continues to be influential in contemporary psychology. References Abraham Maslow. (n. d. ). In Public Broadcasting Service (PBS) online. Retrieved from http://www. pbs. org/wgbh/aso/databank/entries/bhmasl. html Assassination of Martin Luther King, Jr. (n. d. ). In Stanford’s Encyclopedia online. Retrievedfrom http://mlk kpp01. stanford. du/index. php/encyclopedia/encyclopedia/enc_kings_assassination_4_apr il_1968/ Hergenhahn, B. R. (2005). Humanistic (Third-Force) Psychology. An Introduction to the Historyof Psychology (Edition 6th, pp. 570-590). California: Wadsworth. Huitt, W. (2007). Maslow’s hierarchy of needs. Educational Psychology Interactive. Retrieved from ht tp://www. edpsycinteractive. org/topics/conation/maslow. html. Valdosta, GA: Valdosta State University. John F. Kennedy’s assassination. (2013). In Civil Rights Digital Library online. Retrieved from http://crdl. usg. edu/events/jfk_assassination/? Welcome How to cite Bibliography of Abraham Maslow, Papers

Friday, December 6, 2019

William Golding Pessimist and Optimist free essay sample

Golding is a Optimist William Golding is an optimist and a pessimist based on the writing he portrays in Lord Of The Flies. William Golding believes that mankind can become better and treat each other better, But also believes all people have savagery and hatred inside of them. Goldings shows his optimist point of view best through the character of simon. Golding’s pessimist views are shown through the savagery of the boys represented through the beast. One character who shows William Golding’s optimist views is Simon. Simon in the book behaves very unselfishly. Simon is always helping others and protecting the littluns. He learns the truth about the Lord of the Flies. Simon couldve been drawn into the conflict between Jack, Roger, Piggy, and Ralph but instead aways from it. Simon helps builds the shelters with ralph but because he wants, not out of a sense of duty like others would look at it. We will write a custom essay sample on William Golding Pessimist and Optimist or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page When simon learns the truth about the lord of the flies he goes back down to help the boys. Simon is then beaten up by mistake, Simons death is senseless and dies trying to save others. Simon’s character shows that not everyone is drawn to power and savagery like the others. Williams Goldings pessimistic point of views are deeper and not the characters but mostly whats inside the characters especially jack and roger. What Golding shows through this is that savagery and hatred exists in all people. Nobody would ever think such evil can exists in boys at the ages of 12, but without their parents and being separated from civilization the boys. Parents teach their kids not to hit others, but being away from them they realize there is no consequence’s. The part when Roger is throwing the rock at the little boy shows this. At first roger aims to miss, but then he starts to throw it closer and closer, all the way until he rolls a huge rock on top of piggy. Roger was taken in by evill from being separated by civilization over time. I believe William Golding is both an optimist and pessimist. If Golding was only a pessimist then all boys would of most likely turned to beastly behavior but instead ralph and some of the littluns got rescued. If Golding was all a optimist then most likely jack and roger would of ended up changing for the better and realizing what they have become.

Thursday, November 28, 2019

5 Field Trip Ideas for Elementary School

5 Field Trip Ideas for Elementary School Field trips are a wonderful way for children to connect what they are learning in class to the outside world. For instance, if you are teaching your students about dinosaurs, the best way to wrap up the unit is to bring the class on a field trip to your local dinosaur exhibit at the museum. This way they can get a hands-on view of everything they learned and help them connect what they learned to what they are seeing at the exhibit. Here are 5 fun and exciting educational field trip ideas for your elementary school class. Post Office A field trip to your local Post Office is a great way for students to compare the history of the postal service with the technology they use today. Students will leave the Post Office with a better understanding of how the mail connects everyone in the world. Pick Your Own Farms A unique field trip idea is to take students on a trip to pick their own fruits and vegetables. Children will be exposed to agricultural topics and experience nature and how food grows. A hands-on trip to your local farm is the perfect way to end your nutrition unit. Bank What child isnt fascinated with money? If you want to see your students participate in class and really be engaged, then take them on a field trip to your local bank. Children are always asking, Why do I have to learn math? and When I am really going to use these math skills? Well, a trip to the bank will show your students how the math skills they are learning in school can be applied to everyday life when they grow up. Bank tellers can show students how to write a personal check and withdrawal slips, and how to open a bank account and use a debit card. The information they learn on this trip will help them realize how important paying attention in math really is. A fun idea beforehand is to teach students about PayPal and how with technology today you can send money online. Grocery Store With the child obesity rate as high as it is today, the local grocery store is a great place for a field trip. There are a variety of topics that can be focused on at the grocery store, like nutrition, math, health and wellness, and home economics. Children can learn about healthy food choices and go on a food scavenger hunt. They can study measurements and, on the day of the trip,  buy appropriate ingredients for a specific recipe you give them. They can learn how to budget their money, group foods into food groups, and learn important life skills. Amusement Park How is a field trip to an amusement park educational? Students can determine the speed of roller-coasters or see behind the scenes of how a stage show works. Students can learn about the animals in the on-site zoo, or see how the actors transform into characters. A field trip to an amusement park can take some of the concepts students are learning in school into a real-world experience. Additional Field Trip Ideas Worth Considering Here are a few more field trip ideas that are worth thinking about it. Any of the following ideas would make for a perfect field trip with your students: Water parkBakerySkating RinkLocal HospitalMoviesCollegeTV StationNewspaperAquariumZooBotanical GardensTrain RideSoup KitchenLocal FestivalNursing HomeLocal MonumentFarmers MarketMuseumA Virtual Field Trip

Monday, November 25, 2019

A Beautiful Gril essays

A Beautiful Gril essays We are living in a society where everything is being criticizes starting from where people live to how they look physically. In the United States there has been about one hundred thousand girls diagnosed with anorexia nervosa and six thousand girls have died from it within a year. In Marge Piercys Barbie Doll, she gives the public of how offensive it can be to a girl when someone criticizes a certain part of her body. Some girls may take meaningless comment said to them in a bad way. May be it could have been a good criticism, but teenage girls are very sensitive at this age. Although the protagonist attempts to confront the external forces (man vs. man and man vs. society), she succeeds to a certain extent but fails to resolve with the internal force of man vs. himself. First conflict the author present in the poem is man vs. man. Many girls going through puberty can take a few months to get the idea that they are growing to become women. Going through it, but do not pay attention, their body changes are noticed until it is recognized by someone else other than friends or family. In the poem, the girl is faced with a comment made by one of her classmate that she had a big nose and fat legs. Even though she had a normal childhood, playing with dolls, role-playing like a mother, and miniature GE stoves. She did not worry about what was going around her. Children can make up their own world where they do not worry about physical changes. In the second stanza, she does not only deals with man vs. man, but also with man vs. society. Some do not realize they can be cruel to others by the way they see a person or even talking to a person. The protagonist has to go fro and apologizing to the people she knows for her good qualities, because she was not accepted. Even though she has these qualities, people do not see her for who she is. They just see the fat nose and thick legs. As actre ...

Thursday, November 21, 2019

Mobile Health Care, Design and Development of a Mobile Application Literature review

Mobile Health Care, Design and Development of a Mobile Application - Literature review Example IT has been widely used in the field of business due to its proven benefits in enhancing customer satisfaction. Similarly, medical institutions aim to improve patient care through the use of mobile phones. With the extensive use of mobile technology, patient and doctors have established a relationship; hence, it enhances health care quality. Mobile health is the new method of interacting with patients. mHealth is defined as a â€Å"service or application that involves voice or data communication for health purposes between a central point and remote locations† (Freng, et al., 2011, p.5). mHealth uses devices that will connect medical practitioners with their patients, and mobile device has applications that made communication probable. Applications Used in Mobile Health The most simple and cost effective application utilized in mobile health is short messaging service (SMS). SMS is utilized by hospitals in engaging with their patients through sending reminders on their health behaviors, notes the confirmation of scheduled appointment, informs of the laboratory result, inquiry on hospital records, and sending encouragement for optimistic attitude (CTA, 2011; WHO, 2011). Through this initiative, the attendance of patients increased. Moreover, voice communication is considered as more costly than SMS; however, it enables real-time interaction without the need for face-to-face communication. This is more convenient to use if the patient and nurses prefer seamless communication through â€Å"handoffs and roaming† wherein there is a continuous communication despite the changes in location (Tallukdar, 2010, p.51). Hospitals are encouraging patients to use this application when they live in rural areas that need the immediate attention of medical experts. This application requires no time limit in consulting doctors (Khoumbati, et al., 2010). The most advance mobile application is the development of Wireless Application Protocol (WAP) that is similar with the capability of computers or laptops (Erlandson & Ocklind, 1998). This application authorizes patients to look for their medical data and allows practitioners to view and check the patient’s status (Teong & Jeoti, 2005). On the one hand, doctors used WAP-enabled to review the case of patients and access their medical history, which proved the efficacy of healthcare services (Hameed, et al., 2008). Current Mobile Applications The use of mobile phones is only for simple call and text application, but with the innovation in technology, telecommunications companies continue to compete in improving the users interface through offering various programs to improve healthcare. Health applications are available on iPhones, iPads, or Smartphones that have the ability to download programs. These platforms are developed by Apple, Blackberry, and Google (Boulos, et al., 2011). Most hospitals are adopting the efficiency and reliability of smartphones. The introduction of Google Android paved the way to include in their market medical applications such as HealthPAL that can â€Å"automatically collect data from peripheral monitoring devices in the home.† This is used for monitoring blood pressure, weight scales, and pulse oximeters, which are acclaimed by FDA. Recent application developed by the Android system is the mobile heart monitoring system, which grants users to see their electrodiagram. The Android phone collects, stores, and processes the results to the internet that reached doctors who are authorized to access the site (CTA, 2011, pp.14-15;

Wednesday, November 20, 2019

CG Case Study Example | Topics and Well Written Essays - 500 words

CG - Case Study Example counting; not permitting enough freedom to the board of directors and sharing responsibility; and common deficiency of shareholders’ interests in the corporate governance ( Abrami et al. 3). Historical old practices of governance are responsible for adhering to different corporate mechanism based on two-tiered approach in most of the Chinese state-owned enterprises (SOEs). It is the sole reason of differences existing in Chinese publicly traded companies with that of the US or UK companies. Actually, the Chinese corporate structure has been historically impacted by its economic mechanism. In China, most of the large businesses were under state control. Managers in the past had been answerable to both the government policy initiatives and the business aims. The government had been the major stakeholder, therefore, its claim to fulfil its objectives were relevant and reasonable. Powers were also implicit in a firm’s Communist Party Committee, for making decisions in specific fields of governance, such as strategic planning (Abrami et al. 2-3). Change in the Chinese approach to managing listed companies happened later in 1990 in its attempt to practice globally agreed parameters of managing corporations. Thus, these differences existed till 1990 when the Chinese government started two stock exchanges in Shanghai and Shenzhen. These attempts were made to transform the procedures of corporate governance. Those companies, desiring to become listed companies were supposed to fulfil basic governance and securities law (Abrami et al. 2). Procedures smoothened with the formulation of the Chinese Securities Regulatory Commission (CSRC), which observed the functioning of these two exchanges and released a list of solid regulations. The primary job of CSRC is to â€Å"supervise the behaviour of listed companies and their shareholders who are liable for relevant information disclosures in securities markets† (Abrami et al. 2). In the past, there was no practice of

Monday, November 18, 2019

With reference to theory and research, examine the view that women Essay

With reference to theory and research, examine the view that women need to demonstrate masculine qualities to succeed in organizations - Essay Example Women are always absent from top management levels simply because masculine transactional cultures act as obstacles to professional progress of the feminine gender. Apparently, masculine attitudes, cultural inclinations and organizational biases exclude women from occupying top professional levels (Francine 2010, p. 67). Basically, top professional within an organization like managing directors are traditionally expected to demonstrate traits such as decisiveness, aggressiveness, toughness, and intelligence. These traits are primarily associated with masculinity and not femininity; hence women are stereotypically viewed as being unable to act in ideal leadership manners (Gibling 2006, p. 03). In this regard, there is a popular view that women ought to demonstrate masculine attributes in order to proceed to top professional levels in organizations. Admittedly, traditional approaches like legislations and labor policies used to achieve gender equality in organizations have been instrumental in advancing the position of women within the corporate world. Unfortunately, these traditional approaches have fallen short of uplifting women past middle level management levels. Futility of legislations and labor policies in advancing women in the corporate world can be attributed to the organizational concept of glass ceiling (Gibling 2006, p. 04). In practical contexts, lack of female representation in boardrooms is an example of a glass ceiling that makes it hard for members of an organization to entertain the thoughts of working under female bosses. Also, family commitments and related reproductive issues act as barriers to advancement of women in workplaces. For example, women with the right academic and professional qualifications are eligible as candidates for top positions, but their ambitions and visions are cut short whenever th ey are forced to take maternity leaves and other family related commitments (Acker

Saturday, November 16, 2019

The Causes Of Urban Pollution Environmental Sciences Essay

The Causes Of Urban Pollution Environmental Sciences Essay Human activity is one of the main causes of environmental issues today. The two main causes of pollutants in urban areas are transportation technologies such as the automobiles and power production technologies such as industrial heating and cooling and coal-burning power plants. Automobiles produce a large amount of carbon monoxides to the air we breathe in. There are also more problems such as waste these problems can be fixed through a social aspect, where rules and regulations are changed to decrease environmental problems, and also by societys lifestyle, examples of lifesyle changes could be when individuals recycle; this preserves energy and decreases production, by which causes pollution. Also to drive hybrid cars which are lower in emission and are environment friendly instead of the gasoline-using counterpart. On the other hand, these problems can also be fixed through a technological aspect, where companies like coal companies use strategies to control air pollution by redu cing emission through burning cleaner fuel such as natural gas instead of coal. To socially fix the environment, society will have to change their individual lifestyles, as well as rules and regulations being changed. After more than a century of heavy industrialization and consumption, people of earth are now feeling the effects of over-crowded garbage dumps, contaminated sites, acid rain and polluted air and water. But commerce cannot only be blamed; it is also each individual lifestyle that can be blamed, such as driving cars that rely mainly on gasoline. Each year in the united states, three-hundred tons of carbon is released into the air, by which causes smog and damage to the ecosystem and is one of the countless causes of global warming today. This problem can be decreased if more individuals invest in hybrid cars, which are powered by a combination of the traditional gasoline power and the addition of some other power source such as an electric motor or hydrogen fuel cell. Another lifestyle change each individual should consider is buying compact fluores cent light bulbs instead of incandescent ones. advances in technology have directed us to a light bulb thats designed to last up to 15 times the life of a standard bulb. They are expensive, but they last much longer, which makes them cheaper in the long run. Also, these bulbs will use less than a third of the power of incandescent, which will reduce electricity costs. They also generate less heat, so less air-conditioning is needed in the summer. Another simple lifestyle change individuals should take into consideration is to reuse shopping bags; this means one less bag to be manufactured and less pollution. A smart technique that most grocery stores use is to charge a small credit on plastic bags, which forces people to reuse bags. Turning off the air-conditioning and/or heat when leaving the house. A great deal of electricity is wasted cooling or heating an empty home, which leads to bigger bills. Even setting the temperature one or two degrees different, keeping the system from a ctivating as often, can save significant amounts of money each year. In the United States, the government continuously uses federal regulatory powers to control greenhouse gas emmissions, and focuses more on power plants and oil refineries. These two industries produce approximatly fourty percent of emmissions in the united states. To solve this issue, the unitedstatesenvironmental protection act (EPA) is considering using different tools under the federal clean air act to reduce emmissions from factories. This includes new permit requirements for all heavily polluting industry, followed by specific greenhouse gas standards for power plants and oil refineries. This may cause problems for the companies and may cause job loss by which some members of congress are challenging. In December 23rd 2010, the environmental protection act (EPA) , announced it will propose greenhouse gas pollution limits for power plants in July 2011 and for oil refineries in December 2011. Ultimate rules will be questioned the following year. The principles will set levels of p ollutant that these companies may produce under the clean air act, which is the federal law that grants the EPA the authority to shield U.S air quality. China owns cities that have the highest concentrations of air pollution in the world. This is because they have a high increase of industrial development, which leads to a rapid use of natural recourses, as well as high amounts of pollution. The main issue chinas government is dealing with is air pollution and water pollution. Air pollution in china is responsible for 750,000 deaths. To solve this issue, china upgraded their state environmental protection administration to a higher level, which shows concern for fixing the pollution problem, which focuses more on air pollution. The Chinese government is extremely concerned with reducing the pollution throughout China, and has been since the beginning of the 21st Century. Air pollution in china are one of the causes of respiratory disease and even heart disease. Due to the high numbers of affected persons, china has strict environmental laws, by which they find difficult to enforce them. When the government announces a no automobile d ay on main roads, the declaration is ignored by most people. Up to today, china is still trying to help prevent and reduce air pollution throughout the country. India is one of the most polluted countries in South East Asia. There are severe problems with both indoor and outdoor air pollution in India. The indoor air pollution is caused by many factors, but mostly the burning of toxic fuels to prepare meals. Indian people, burn coal, wood, and even animal dung to cook their meals, which releases toxins into the air they breathe. Breathing in this terrible quality air is responsible for nearly 500,000 deaths there each year. This high number is mostly women and children and it is a serious problem. This number, according to the World Health Organization, is 80% of the nearly 600,000 deaths related to indoor air pollution in all of SE Asia. A shocking 70 percent of rural households in India do not have any ventilation at all. Air pollution in India caused by these problems could be cut in half by taking a few measures. These measures include promoting smokeless cooking methods, and the use of proper ventilation. If these methods of helping wer e put into action then the deaths caused by indoor air pollution in India could be reduced by half. Although the methods for helping with air pollution in India sound great it will be a long and hard road to success. These methods for cooking have been in place for so many years people do not want to change. It is mostly women who are mainly exposed to the highest concentration while cooking meals, by which result to death. Unfortunately, it may take time and convincing, but the Indian government is committed to making changes by 2015. According to Peter Tans, a physicist with national oceanic atmosphere administrations, (NOAA), he claims that naturally, if there are more greenhouse gases, this greenhouse affect will be more significant and raise the temperature of earth more than if humans didnt emit as much greenhouse gases. The technological fix to environmental problems, will consist on improving ways in decreasing pollution. For example, In research conducted at the University of Calgary, climate change scientist David Keith and a team of researchers showed it is possible to reduce carbon dioxide , which is the main greenhouse gas that contributes to global warming using a relatively simple machine that can capture the trace of carbon dioxide present in the atmosphere at any place on the planet.

Wednesday, November 13, 2019

Five People You Meet in Heaven by Mitch Albom Essay -- essays research

Five People You Meet in Heaven by Mitch Albom This isn’t technically a book that I read when I was in the properly defined age group, but looking back at this book it is probably the book that has had the largest impact on my life, and had it been out when I was younger would have been a book that I would have read. I read this book after I had finished reading Tuesdays with Morie by the same author. Now I have read a lot of books in my life and I can’t think of one that has had a more profound affect on me than The Five People you Meet in Heaven by Mitch Albom.   Ã‚  Ã‚  Ã‚  Ã‚  It is the story of a man named Eddie who for almost his whole life was the maintenance man at an amusement park called Ruby Pier. The story starts with the end of Eddie’s life on Earth and the beginning of his journey through heaven. The basic story wasn’t what got to me, it was the lessons Eddie learns along the way as he meets the five people he was to meet in heaven.   Ã‚  Ã‚  Ã‚  Ã‚  Throughout the book we are introduced to people from his past, some he knew and some were just a glimpse in his life. They all had something that they had to teach Eddie about life. Each had a different lesson that Eddie needs to understand before he can move on in heaven.   Ã‚  Ã‚  Ã‚  Ã‚  The first person that Eddie meets was a member of the freak show his name was Joseph Corvelzchchik, and he was known as the â€Å"blue man† and I think that out of all the people Eddie meets he has the most thought provoking quotes. The blue man died when ...

Monday, November 11, 2019

Changes in the Dynamics of Pc Industry

Core Competency (CI#1) : Apple design, develop and market numerous product and service lines. They sell their products to education, consumer creative professional, business and government customers. While apple seems to display numerous products and conduct business on different segments, it is legitimate to wonder what the company is really good at? Too much diversity is exactly what crushed Apple during the John Scully days. Cannibalization (CI#2): Through January 2005, Apple has opened 102 retail stores.Although these launches are potentially beneficial, Apple stores are hurting the resellers’ business and not all of them will survive. Considering that the company’s resellers still account for more than 50% of its domestic sales, the company is facing the risk of cannibalization and might deeply suffer. High Cash (CI#3): Why is Apple holding so much cash? Having too much cash in reserve might either mean that the company does not know yet how to allocate it or that they may have some risk concerns about future potential investment.Succession (CI#4): Apple is clearly one of the handful of companies where the fortunes are seen to be intricately tied to the person in charge. The star quality and the visionary talents associated with Steve Jobs are certainly contributed to the success of the company. So the news of Jobs’ cancer surgery might lead to a succession problem and compromise the company’s future. I. CURRENT SITUATION A. CURRENT PERFORMANCE Apple achieved a solid performance for the first quarter of 2005 compared to the same quarter 2004 with strong net sales in the Americas segment (+77%) in Europe (+63%) and in Japan (+18%).The Americas segment represents approximately 47% of the company’s total net sales. The increase in net sales in the Americas, Europe and Japan was primarily driven by increased demand of the iPod and the consumer-oriented iMAC. Demand for the iBook products were especially high for the Americas, while peripherals and other hardware were more popular in Europe. The retail segment’s net sales grew to $561 million as compared to $273 million in the same period in 2004, this represents a remarkable 105% increase. B. SRATEGIC POSTURE MissionApple strives for continuous improvement in our environmental, health and safety management systems and in the environmental quality of our products, processes and services. Apple’s Guiding Principles O Meet or exceed all applicable environmental, health and safety requirements. O Where laws and regulations do not provide adequate controls, Apple will adopt their own standards to protect human health and the environment. O Support and promote sound scientific principles and fiscally responsible public policy that enhance environmental quality, health and safety.O Advocate the adoption of prudent environmental, health and safety principles and practices by their contractors, vendors and suppliers. O Communicate environmental, he alth and safety policies and programs to Apple employees and stakeholders. O Design, manage and operate our facilities to maximize safety, promote energy efficiency and protect the environment. O Strive to create products that are safe in their intended use, conserve energy and materials and prevent pollution throughout the product life cycle including design, manufacture, use and end-of-life management.O Ensure that all employees are aware of their role and responsibility to fulfill and sustain Apple’s environmental, health and safety management systems and policy. Goals O Innovation above everything else. O Increase sales in the education segment. O Produce user friendly, good appearance products to get customers â€Å"think Different† and â€Å"think Digital†. O Developing new digital lifestyle consumer, and professional software application O Investing in new products area such as rack-mount servers, RAID storage system and wireless technologies. O Provide a high quality sales and after sales support experience.Strategy Trough the design and the development of its own operating system, hardware and many software application and technologies, Apple strives to bring to its customers compelling new products and solution with superior ease-of-use, seamless integration and innovative industrial design. Apple currently focus on: O Increasing marketing and advertising investment in order to improve product and brand awareness. O Vertical growth strategy: expand the retail segment by opening more retail stores. (CI#2) O Market opportunities related to digital music distribution and consumer electronic devices, including iPod.O Implement a cost leadership strategy to keep up with the competition and be more affordable for the educational segment. O Continue to be the leader in innovation for new technology by implementing a product differentiation strategy. Policies â€Å"Employee diversity â€Å": This policy is a key component and contribut e to the success of the company. â€Å"We respect these differences and threat them as an additional value that we incorporate in the way we treat other and approach our customers. † Therefore, Apple apply that each employee is fully responsible for understanding and following this policy. Substance policy† O Apple comply with applicable substance legislation worldwide. O monitor and assess new scientific findings on the environmental impact of substances used in Apple products. O educate our supply chain partners and drive innovations within our supply chain to find alternative materials that improve environmental performance. â€Å"Product Take-Back and Recycling Policy† O Producers should provide a means to facilitate environmentally friendly recycling of their products at the end of electronic products’ useful life.O Consumers should select a disposal method for end-of-life electronics products that does not adversely impact the environment. O Governme nts should develop a legal framework and public policies to promote appropriate end-of-life management, including environmentally friendly disposal and recycling. O Materials generated from the recycling of our products should be used as feedstock for new products whenever possible. II. CORPORATE GOVERNANCE A. BOARD OF DIRECTORS The Board consists of 6 members, of which 5 are external directors: Board Member-Occupation Audit and Finance committee Nominating CommitteeCompensation Committee William l V. CampbellChairman Intuit, Inc C Ccc Millard S. DexlerChairman and CEOJ. Crew C C Albert Gore, Jr. Former Vice President of the US C C Steve JobsCEO and Co-founderApple ComputerChairman and CEOPixar Arthur D. LevinsonChairman and CEOGenentech, Inc C Ccc Jerome B. YorkCEOHarwinton Capital Corporation Ccc cc=Chairperson C=Member *Audit and committees members are used to ensure feedback and monitor implementation and compliance. Steve Jobs Co-founder of Apple in 1976, he has played an impor tant role in the development of the personal computer.He also co-founded NeXT Software, inc. and served as CEO until 1997 when NeXT was acquired by Apple. Director since 1997 and currently CEO of Apple and Pixar Animation Studios, Jobs is viewed as a key character for the company. However his strong voice and personality within the company could give him the power to sway the board. (internal) (Advantage/Conflict? ) CI#4 William V. Campbell Director of Apple since 1997, he was also the former CEO and president of Intuit, Inc. Mr. Campbell also serves on the board of directors of Opsware, Inc.His experience and knowledge in business, finance and technology might be valuable for the company, however, he is in direct competition with Apple in the sale of software such as Quickbook. (External) (Conflict) Millard S. Dexler Director of Apple since 1999, he has been Chairman and Chief Executive Officer of J. Crew Group, Inc. since March 2003. Previously, Mr. Drexler was Chief Executive Off icer of Gap Inc. from 1995 and President from 1987 until September 2002. (External) Albert Gore, Jr Director since 2003, he was a former Vice President of the United States of America.He has remained an active leader in technology, launching a public/private effort to wire every classroom and library in America to the Internet. Therefore, Gore plays a key role in the implementation of Apple’s products in the educational segment. (External) (advantage) Arthur D. Levinson Director since 2000, he has been President, Chief Executive Officer and a director of Genentech Inc. since July 1995. Mr. Levinson’s experience could benefit apple but his interest may be somewhere else. (External) (Advantage/Conflict? ) Jerome B. York Director since 1997, he is also a director of Tyco International Ltd. nd Metro-Goldwyn-Mayer, Inc. Previously, Mr. York was Chairman and Chief Executive Officer of MicroWarehouse, Inc. , a reseller of computer hardware, software and peripheral products an d he also served as a Senior Vice President and Chief Financial Officer of IBM Corporation. Mr. York’s experience in the computer industry might be a big pro for the company. (External) ( Advantage) The Board of Apple is composed of a very diverse group of professionals who bring valuable expertise in the areas of technology, biotechnology, finance, turnaround strategies, retail business management, etc.The backgrounds and current â€Å"independent† positions of these members provide a wealth of knowledge and a variety of business perspectives for Apple. However the external activities of some of the members of the board might also be a source of conflict for the company. B. Top Management & Management Style 1) Fred D. Anderson-Executive Vice President and CFO 2) Timothy D. Cook-Executive Vice President, Worldwide Sales and Operations 3) Nancy R. Heinen-Senior Vice President, General Counsel and Secretary 4) Ronald B. Johnson, Senior Vice President, Retail ) Peter Oppe nheimer, Senior Vice President of Finance and Corporate Controller 6) Jonathan Rubinstein, Senior Vice President, Hardware Engineering 7) Philip W. Schiller, Senior Vice President , Worldwide Product Marketing [pic]Vertrand Serlet, Ph. D. -Senior Vice President, Software Engineering 9) Sina Tamaddon, Senior Vice President, Applications 10) Avadis Tevanian, Jr. , Ph. D. -Senior Vice President, Chief Sofware Technology Officer C. Management Style Despite the fact that the company claims to have a partnership management style, I personally believe that Steve Jobs is leading an entrepreneurial style and highly influence the company. CI#4) III. EXTERNAL ENVIRONMENT SCAN A. SOCIETAL ENVIRONMENT 1) Political-Legal Forces O Different countries have different legislations and these in some ways restrict the companies or give opportunities to the company. O NAFTA, European Union and other regional trade open doors to market in Europe, Asia, Latin America that offer enormous potential. O Polit ical uncertainties caused by terrorism activities are directly impacting the overall business of the company. O The company relies on access to patent and intellectual property obtained from third parties.The company might unknowingly encounter infringe issues with existing patents of others. O Beatles lawsuit against the company may negatively affect the company’s reputation. O The company has to comply with the environment regulations such as environment safe disposal or recycling. 2) Socio-Cultural Forces O The computer and internet usage is growing worldwide and is a good source of opportunities for the computer industry. O Customers had become more experienced and computer literate. O Education has become a primordial issue for the new generation, which is a key factor for the company’s business. 3) EconomicO In the past year, the industry has been affected by the slow economic and that resulted in low consumer spending. However the current economy shows some sign of improvement, consumer spending and investment might increase as well. O Due to weak economic conditions, the U. S. educational is encountering large budget deficits in many states. This factor has a negative impact over Apple’s sales in the educational segment. O Sales of products that include components obtained from foreign suppliers can be adversely affected by currency exchange rate fluctuations and by international trade regulations (tariffs and antidumping penalties). ) Technology O Technology is evolving at a rapid pace today ,and people appreciate more & more advances in their systems and are switching over to new information appliances. O Internet availability and usage is growing and leads to good opportunities for the industry. O The traditional desktop might become outdated by the entrance of new revolutionary products. O Increasing demand for new technology in schools and professionals. B. TASK ENVIRONMENT Threat of New Entrants: O Medium to High – In the PC market any firm that discovers a new technology that is efficient in terms of price & performance is an immediate threat to the industry.However, Established standards, start-up costs and established brands names (Intel, Windows) are difficult to overcome for a new entrant. Threat of substitute products: O High – The new forms of Information appliance like Digital TV / HDTV Digital set- top box & Internet screen phones are gaining increasing popularity this might hamper the growth of the PC industry as a whole. Bargaining power of suppliers: O High – Since the industry is highly dependent on component suppliers, a powerful supplier could exert pressure on the market, by supplying components at a higher price to increase his profits.Since Apple is working only with few selected suppliers, the company is running at a higher risk than the average. Bargaining power of buyers: O Low – Due to high number of other suppliers in the industry the customer has the o ptions to take the cheapest and the best. Rivalry among competition: O High – Competition among the giants is fierce, everyone aiming for a larger market share ,intensive price cuts & changes. IV. INTERNAL ENVIRONMENT SCAN A. CORPORATE STRUCTURE Apple is organized along functional lines. Apple is structured primarily on a geographic basis.The company’s reporting operating segment are comprised of: 1. The Americas 2. Europe, Middle East and Africa 3. Japan 4. Other: Asia-Pacific (Australia, Asia, and the subsidiary FileMaker, Inc. ) B. CORPORATE CULTURE O Commitment to innovation and product quality O Dedication to hard work and education O Commitment to diversity and to empowering employees O Commitment to safety and conservation of the environment/energy Steve Jobs has a huge impact in the company’s culture. Since Job’s return in 1997, the company has reinvented itself with an array of different colors and styles of computers.The introduction of the Ipod and Itunes largely position the company as an innovative leader. C. CORPORATE RESOURCES 1. ) Marketing Mix a. ) Product Apple is committed to sell original, good looking products that have an easy-to-use interface. The company offers a range of personal computing products, related devices and peripherals, and various third party hardware-products. In addition, the company offers software products (Mac OS X), server software and related solution; professional application software; and consumer, education and business oriented application software.Apple has been very innovative by finding new usages for its Macintosh computer, such as desktop publishing and strong graphics/animation capabilities. The Macintosh’s functionality for managing multimedia files from cameras, DV recorder and MP3 devices has been very popular and successful. The new introduction of Apple’s iPod and the iTune has revolutionize the digital music industry. b. ) Place Apple’s operating segme nt are comprised of: O U. S. O South America O Europe O Japan O Australia. Recently Apple chose to implement a vertical growth strategy and began xpanding their own retail stores. (CI#2) The company also sells its product via third-parties dealers, or via internet through their own website or through the iTune online music stores. c. ) Promotion In 2003, Apple formed a strategic alliance with PepsiCo. The Pepsi iTune Music promotion calls for people to use the winning code found under the Pepsi’s bottle caps products to redeem songs from Apple’s iTunes Music Store. This promotion has already been successful for both companies and increased the awareness of the iTune presence in the market.In 2003, Apple also announced a marketing partnerships With America Online that are aimed at driving iTunes use deeply into the mainstream. Apple and America Online have agreed to put iTunes â€Å"buy this song† buttons next to every song that’s listed in AOL’s mu sic service, which its 25 million subscribers can access. Clicking the button will automatically launch the iTunes music jukebox and begin downloading the song; billing will be handled through the customer’s existing arrangement with AOL. Apple has a joint venture with Hewlett Packard.Apple has produced an iPod for PC users and the success of this product was a good way for the company to capture non-MAC users. The company’ also drew on endorsements from music stars. U2 singer Bono, rap artist Dr. Dre and Rolling Stones singer Mick Jagger each gave a live endorsement of the iChat videoconferencing software. Singer Sarah McLachlan also appeared live to sing several songs and to talk about how she used the iPod. In 2005, Apple Computer has initiated a partnership with Wal-Mart that will soon see the iPod shuffle featured at Wal-Mart discount locations around the country. d. ) PriceApple price is know to be above average in the industry. The company is using a differentia tion strategy and focus more on innovation, and quality. This strategy is justifying their premium prices. Lately, however, their new technology and their high cash flow allowed them to lower their price and to offer more discount to certain markets such as the education market. (CI#3) This new pricing strategy may help Apple to better compete with the non-Mac user market but might cause some issue with the brand image/recognition. 2. ) Finance The financial results for the fiscal 2004 fourth quarter ended September 25, 2004.For the year 2004, the Company reported net income of $276 million on revenue of $8. 28 billion compared to net income of $69 million on revenue of $6. 21 billion in 2003. Their net income has increased 400%! Sales to the education market grew 11 percent, bringing its highest quarterly total for that market in seven years. Apple has a strong balance sheet with a lot of cash (CI#3), their inventories have almost double compared to the year 2003. Apple short-term debt and long-term debt have been completely paid, which is a very good advantage for the company.Apple’s activity ratios are very good and improved a lot compared to year 2003. However their ROE and ROI ratios are still low compared to the industry. Income Statement Sep 04 Sep 03 Sep 02 Revenue 8,279. 0 6,207. 0 5,742. 0 Cost of Goods Sold 5,870. 0 4,386. 0 4,021. 0 Gross Profit 2,409. 0 1,821. 0 1,721. 0 Gross Profit Margin 29. 1% 29. 3% 30. 0% Net Income After Taxes 276. 0 69. 0 65. 0 Balance Sheet Sep 04 Sep 03 Sep 02 Cash 2,969. 0 3,396. 0 2,252. 0 Net Receivables 774. 0 766. 0 565. 0 Inventories 101. 0 56. 0 45. 0 Total Current Assets 7,055. 0 5,887. 0 5,388. 0 Total Assets 8,050. 6,815. 0 6,298. 0 Accounts Payable 1,451. 0 1,154. 0 911. 0 Short-Term Debt 0. 0 304. 0 0. 0 Other Current Liabilities 1,229. 0 899. 0 747. 0 Total Current Liabilities 2,680. 0 2,357. 0 1,658. 0 Long-Term Debt 0. 0 0. 0 316. 0 Total Liabilities 2,974. 0 2,592. 0 2,203. 0 Total Equity 5,076. 0 4,223. 0 4,095. 0 Ratios 2004 2003 Industry Liquidity Ratios Current Ratio 2. 58 2. 89 1. 33 Quick Ratio 2. 3 1. 44 1. 1 Profitability Ratios Gross Profit Margin 29. 47% 27. 52% 20. 43% Net Profit Margin 5. 20% 1. 11% 4. 53% Return on Equity (ROE) 8. 8% 1. 63% 20. 3% Return on Investment (ROI) 8. 8% 1. 1% 19. 1% Activity Ratios Inventory Turnover 56. 2 110. 84 81. 4 Asset Turnover 1. 2 0. 9108 1. 8 Leverage Ratio 1. 62 2. 47 3. ) Research and Development Apple consider that R&D are critical for the activity of the company. therefore, they are willing to increase investment in R&D to keep a sustainable competitive advantage in the industry. According to the company’s Annual Report in 2004: â€Å"In order to remain competitive, the Company believes that increased investment in research and development (R&D) is necessary in order to maintain and extend its position in the markets where it competes.The Company’s R&D spending is focused on delivering timely updates and enh ancements to its existing line of personal computers, displays, operating systems, software applications and portable music players; developing new digital lifestyle consumer and professional software applications; and investing in new product areas such as rack-mount servers, RAID storage systems, and wireless technologies. † New products are a necessity in this industry and seems to be a priority for Apple. New products are not always a success, though.This might explain why Apple seems to be so hesitant in investing its high cash flow into new projects, the company might be afraid by the potential failure of the outcome. (CI#3) 4. ) Operation and Logistics Apple heavily rely on third-parties in the manufacturing and logistics sector. Therefore, the company’s overall performance is greatly dependent on the performance of its distributors. In order to have more control over the quality of the buying experience, Apple has done continual effort to become vertically integ rated during these two passed years.Apple work only with suppliers that meet the criteria from their policy (involve commitment to environment, safety and diversity. ) At each period the company performs a detailed review on demand forecasts, inventory, product lifecycle status. 5. ) Human Resources Management (HRM) Apple has over 13,000 employees world wide. Apple believe that employee’s diversity is a key component for the company success. The company expects that all employee will respect the background or cultural differences of their peers.Apple offer great benefits to its employee such has competitive pay, and compensation, insurance coverage, bonuses, substantial product discount, stock purchase and saving/investment plan. The company offers all-level of position such as internship, part-time and entry-level for college student. 6. ) Information Systems Apple has encountered a substantial success by introducing a new digital music device called iPod that can store 1,00 0 songs and copy a CD in 10 seconds. The continual heavy investment in R&D allowed the company to be on the edge of new technology.Online store distribution channel has been very powerful for the company. V. SWOT/TOWS ANALYSIS A. SWOT ANALYSIS Strengths Weaknesses 1. Ease of use 2. Established in the personal computer market3. High Corporate reputation 4. Control over the product (manufacture both the computers themselves and also the operating systems which they run)5. Leader in innovation and product differentiation6. Employee diversity 7. Strategic Alliance (HP)8. Joint venture with Pepsi9. Strong Top management10. Loyal customer base11. Creative style 1. The ease of use has led to some image issues, with some business people regarding the Macintosh as a toy. . High inventory3. Distribution problems4. high prices5. Not IBM compatible, though great strides have been made in connectivity the Macintosh is not transparently compatible. 6. Declining share in educational market7. Too m any product lines Opportunities Threats 1. Internet2. Growing industry3. Creating new software markets and selling the hardware into these markets. 4. Demand for innovation5. Employee benefit programs6. Growing educational market (In both higher education and schooling, the Macintosh ease of use and low maintenance costs are attractive. )7. Music downloads from Itune 1.Very intense competition among the industry2. Price competition3. loss of market share4. Potential litigations5. Budget deficits in education6. Technological and prices discontinuity7. Potential increase in supply’s costs B. TOWS ANALYSIS SO1. Focusing on innovation and product differentiation will contribute to the customers satisfaction (S5, O3, O4)2. The diversity of the employees and the employee benefit programs contribute to the high corporate reputation (S3, S6, O5)3. Joint venture with Pepsi and strategic alliance with HP respond to the demand for music download. S7, S8, O7) WO1. The growing educational market should increase Apple’s market share in this segment (W6, O6)2. The growing industry should allow the company to decrease prices (W4, O2) ST1. The high corporate reputation might suffer from the potential litigations. (S3, T4)2. Strong management might overcome the potential litigations. (S9, T4)3. Focus on innovation and product creative style might offset the low prices of competitors. (S11, T1, T2)4. Innovation will depend on the technological -prices conditions and changes. (S5, T6) WT1.The image issues concerning the ease of use of the machine might contribute to the loss of share. (W1, T3)2. The discontinuity in technology and prices might create some forecasting problems, which could result in excess or shortage of inventory. (W2, W3, T6)3. Competition might take advantage of Apple’s high price. (W4, T1, T2)4. Apple’s high price might lower the amount of educational contracts (W4, T5)5. Not being IBM compatible might lead to loss in market share ( W5, T3)6. The broad product line might be endangered by the technology and prices discontinuity. (W7, T6) VI.STRATEGIC ALTERNATIVES AND RECOMMENDED STRATEGY A. STRATEGIC ALTERNATIVES 1. ) Turnaround The company could stop the expansion of their own retail segment in order to maintain a healthy relationship with its third-party distributor and avoid lawsuit. This strategy would also reduce the risks and costs tied to the stores investment. Apple could use its high cash to implement a product development strategy within the market segment they are currently serving. The company could also keep selling its products at a premium price in order to maintain the company’s reputation as an upscale and innovative brand.PROS O Improve relationship with resellers. (CI#2) O Reduce risks O The allocation of the high cash into a product development strategy might ultimately increase the revenue of the company(CI#3) O The premium price might be profitable and the upscale image brand of the company is respected. CONS O No control over the quality of the buying experience procured by the third-party distribution (CI#2) O Potential loss of market share because of the premium selling price O Broad product lines might lead to confusion and extra overhead costs. (CI#1) 2. ) Pause and Proceed with CautionIn the Annual Report for 2004, the company saw an increase in revenue and profitability. The introduction of iPod or Itune items have largely contributed to the company’s successful year. The retail segment growth has increased the brand awareness of the company but has led to some conflicts with the resellers. This strategy has to be taken with caution because Their lower price strategy is allowing the company to attract some non-Mac users. During the mid of this year (2005), the company could consider to primarily focus on: the music segment market and the education segment.Apple could also implement a succession plan for the eventual departure of Steve Jobs. The co mpany’s growth strategy has to be taken with caution and compromises with resellers have to be done. PROS O Good financial results O More control over the quality of the buying experience (CI#2) O Better brand awareness O Less confusion among core competency. (CI#1) O Sufficient cash flow to support the discounted prices. (CI#3) CONS O Cannibalization risk is still present (CI#2) O The low prices might discredit Apple’s upscale brand image. 3. ) Vertical GrowthThe company could decide to do a forward integration, by expanding its own retail store. Apple could use its high cash to finance this investment. The stores are a critical way to leverage Apple’s brand and showcase newfangled digital wares to affluent consumers. PROS O Total control over the quality of the buying experience (CI#2) O High cash can support the investment for the retail segment (CI#3) O Better brand awareness CONS O Dissatisfaction of the resellers(CI#2) O Potential loss of revenue due to ca nnibalization (CI#2) O The high cash investment is risky, and might have been allocated in a more safety way. CI#3) B. RECOMMENDED STRATEGY Pause and Proceed The last fiscal year has seen improvement for Apple. Profits have increased and the focus has been on innovation, especially in the music segment market. Using the high cash to implement a price strategy appears to be a good idea to compete with the non-Mac users. (CI#3) The brand image might slightly suffer from this strategy, therefore marketing incentive should be increased in order to sustain Apple’s reputation for high quality and innovative products. The retail segment growth should be implemented with a lot of caution.Apple needs to ease the pain of the resellers by coming up with programs to encourage these longtime partners to help it accomplish goals it can’t achieve on its own. (CI#2) Apple should also primarily focus on the music segment market and the educational segment market in which they have good opportunities. This focus would allow Apple to be more competitive and profitable. (CI#1) Least but not Last, the company should prepare a succession plan in response to the eventual departure of Steve Jobs. (CI#4) VII. IMPLEMENTATION A. WHO? The top management should narrow their focus to two market segment. B. WHAT?Apple’s core competency should focus on the music segment market and the educational segment market in which they have good opportunities. (CI#1) C. HOW? The company has to invest more into these 2 segments and cut some product lines that are not very profitable to the company. D. WHO? As Steve Jobs initiated, the company should keep focusing on a price strategy E. WHAT? By lowering the prices, the company will be able to be more competitive and increase market share. F. HOW? The company can use its high cash to support discounted prices. (CI#3) G. WHO? The top management should decide to expand the retail store. H. WHAT?Improve the quality of the buying experie nce by having control over the salesperson and collaborate with the resellers. (CI#2) I. HOW? The company can use its high cash to invest in the retail store expansion. The company should also tightly work with the resellers by supporting them through programs and bonuses. (CI#2) (CI#3) J. When? During mid 2005. K. HOW MUCH? The Company’s current strong financial condition and low debt-to-equity ratio will provide the means to accomplish these implementation initiatives in the short-term. In the long-term these measures will be well worth the cost in increased revenue and market share.L. WHO? The board of directors and the top management should prepare a succession plan. (CI#4) M. WHAT? The company has to deal with Steve Jobs eventual departure. N. HOW? Steve Jobs has to delegate some of his power to the top management and he should also implement some training programs. Tim Cook might be a good potential successor. (CI#4) P. WHEN? Right now. VIII. MAINTENANCE AND CONTROL A. The company’s strong financial position should allow the implementation of the strategies stated above. However the investment related to the retail segment growth is very costly and might be risky.Therefore, the company should: O Increase gradually the opening of retail stores. O Assess performance by having Finance and Marketing reviewing â€Å"the numbers â€Å"monthly†. O Spot and immediately address any negative trends The top management should periodically visit stores and gather feedback from line employees. They should also gather feedback from resellers to address expansion issue. B. The company’s focus on the music segment market and the education segment market has to be tightly monitored. O Top management should evaluate on a weekly basis overall performance. Revenue, Profit, ROI) O Feedback forms should also be given to customers to maintain good relations and to spot market trends early. Works Cited 10-Q for Quarterly Period Ended December 25, 200 4 http://www. apple. com/investor/ Apple Governance http://www. apple. com/investor/ Apple Financial Analysis http://www. hoovers. com/ Diverse Articles on Apple http://www. businessweek. com Leave a Reply You must be logged in to post a comment. VISION STATEMENT â€Å"Man is the creator of change in this world. As such he should be above systems and structures, and not subordinate to them. † Explanation of visionApple lives this vision through the technologies it develops for consumers and corporations. It strives to make its customers masters of the products they have bought. Apple doesn't simply make a statement. It lives it by ensuring that its employees understand the vision and strive to reach it. It has put systems in place to enable smooth customer interaction. It has put objectives in place to continuously move forward; implemented strategies to fulfil these objectives; and ensured that the right marketing, financial and operational structures are in place to apply t he strategies. MISSION STATEMENT Apple is committed to bringing the best personal computing experience to students, educators, creative professionals and consumers around the world through its innovative hardware, software and internet offerings. † Page 15 of 54 [pic][pic][pic] The PC Industry We can glean Insight into the history and composition of the PC Industry from its eponymous title. In the late 1970s, as Wozniak and Jobs were starting Apple computer, personal computers were an emerging product. The following chart (Reimer) gives an overall view of the major market players since the mid-1970s. PC Share of Market 0% 10% 20% 0% 40% 50% 60% 70% 80% 90% 100%Year 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 ShareofMark et IBM SOM Apple II SOM Mac SOM Amiga SOM C64 SOM TRS 80 SOM By 1983, the market share of the Apple II fell to 8% while the PC had 26%. Market share of Macintosh peaked at slightly more than 10% in the early 1990s and has since tapered to between 2-3%. The IBM PC and its clones became the standard due to the success of the open nature of the PC. This allows product developers to offer vastly more products for the platform. Some argue that not licensing the Mac OS was a mistake.Bill Gates and Microsoft were encouraging Apple to license their OS in the early 1980s, because they were developing software for Apple and had much riding on the success of the company. When Apple did not license, Microsoft began developing their operating system, Windows. (Linzmayer, 169-75, 245-9) Page 16 of 54 [pic][pic][pic] The Online Music Industry While Apple clearly dominates the online music industry, the battle for domination is not over. Although digital music sales are growing rapidly, the Recording Industry Association of America (RIAA) states that digital sales account for only 4% of all music sales. Borland) Analysts at Forrester (Bartiromo) and Gartner (Bruno) validate this. Apple’s sales are between 66% and 75% of d ownloads and 80% of music players. (Bruno) Apple is part to a suit alleging monopolistic practices concerning their market share dominance of players and downloads. (Grundner) The other players in the download market are (the revised) Napster, Yahoo Music, Rhapsody, and illegitimate file-sharing services. Portable music players competing with the iPod include those made by Creative, Samsung, iRiver, and Sony.A major point of contention between these services and player manufacturers is the control of a variety of incompatible Digital Rights Management (DRM) schemes. The Future of Apple Personal Computers – A Shift in Strategy Apple has historically taken a far different path than the traditional Windows and Intel combination. Microsoft provides the Windows operating system to separate downstream hardware producers such as Dell. Apple vertically integrated both the operating system software and hardware completely under Apple.A consumer running Microsoft Windows can choose fro m a myriad of systems based on the Intel processor, while a consumer running Apple’s OS X must purchase Apple hardware. Page 17 of 54 [pic][pic][pic][pic] Apple is adjusting this strategy by migrating their microprocessors from IBM and Motorola PowerPC to Intel. Analysts believe that the Intel-based Macintosh may be able to run Microsoft Windows applications by the end of 2006. (Burrows) In addition to switching processors, Apple positioned their computers as an immediate option for the traditional Microsoft Windows user.With Apple Boot Camp, users may now use Mac OS X or Windows on an Apple computer. (Sutherland) Figure 1: Apple Boot Camp – Allowing Mac OS X or Windows By allowing users to run Windows on an Intel Mac, Apple reduced the switching costs for traditional PC users. Apple may steal away customers that are willing to pay a premium for a system that runs both Windows and Mac OS X. Figure 2: IBM PowerPC Processor, Intel Processor Core Duo / Pentium M Page 18 o f 54 [pic]Apple continues to retain a strategic option to license its technology to clone makers such as Dell.Past attempts at licensing Apple technology (to IBM, Gateway, and others) failed on accord of Apple’s rigid demands. Many technology leaders (such as a 1985 letter by Bill Gates to Apple CEO John Sculley) criticized Apple for keeping a closed architecture. Apple cofounder Steve Wozniak criticizes this strategy, â€Å"We had the most beautiful operating system, but to get it you had to buy our hardware at twice the price. That was a mistake. † (Linzmayer, 245-57) Whether Apple would be willing to pursue this reversal of vertical integration is unclear.Although such a move would cannibalize a portion of Apple’s own hardware sales, it would also provide royalty-based revenue that could approach $1 billion annually. (Burrows) Jobs traditionally sided against licensing Apple technology. He referred to Mac clone producers as â€Å"leeches† and he person ally killed Power Computing (a Mac clone producer) by terminating their license in 1997. (Linzmayer, 255) Apple in the Living Room Apple’s iPod and iTunes are a powerful combination that fosters a network style of increasing returns. (Barney, 124) By selling iPods, Apple increases the consumer demand for music from iTunes.By placing more musical choices on iTunes (including less popular songs that appeal to niche audiences), there is more demand for iPods. Apple had 70% of the legal music download market in early 2005. (Yoffie) Apple is shooting for the digital living room of the future. For example, Apple just released a â€Å"boom box† portable version of the iPod. This iPod (the iPod Hi-Fi) comes with a remote control. Instead of forming a strategic alliance, Apple engineered the iPod Hi-Fi and designed it with high-fidelity features. (Burrows) Apple is clearly trying to develop a stronger core competency in the entertainment area.Page 19 of 54 [pic][pic] Figure 3: The Apple Hi-Fi Apple may also release an Apple-branded cell phone and iPod combination device by the end of 2006. (Burrows) This product would again position Apple as a â€Å"second mover† responding to Palm’s Treo and Verizon’s VCAST technology. Strategic Alliances and Entertainment Jobs had the early strategic vision to complement computing with movie entertainment. After founding NeXT, he personally acquired a majority interest in the young movie company Pixar in February 1986. (Linzmayer, 219) Jobs went on to invest ? of his personal wealth into Pixar.In 1995, Pixar solidified its position within animated movies with the debut of Toy Story. Grossing $358 million worldwide, it became the 3rd-largest grossing animated movie in history. (Linzmayer, 222) After this success, Jobs took Pixar public and negotiated far better terms with Disney. Later successes included Toy Story 2, Monsters Inc. , and Finding Nemo. Ironically, Jobs stated in the November 23, 1998Bu siness Week, â€Å"I Think Pixar has the opportunity to be the next Disney – not replace Disney – but be the next Disney. † (Linzmayer, 222-4) The alliance between Pixar and Disney has remendous potential for economies of scope. As CEO of Apple and Disney’s largest shareholder, Jobs is the strategic link between Disney, Page 20 of 54 [pic][pic] Apple, and Pixar. Opportunities include combining the animated movie expertise of Disney and Pixar, as well as sharing the content of Disney’s ABC or ESPN networks over Apple’s digital offerings. (Burrows, Grover, and Green) A current example of the fusion between Disney, Jobs, Apple, and technology is video on the iPod. Disney’s Desperate Housewives was one of the first television programs available for purchase and download to the newer video-enabled iPod.There are concerns about whether these synergies will come to fruition. There are fears that the personality and style of Jobs may conflict with Disney, and that Disney CEO Iger could be â€Å"Amelioed† — driven out of office by Jobs in a manner similar to how Jobs drove Amelio out of the CEO post at Apple. (Burrows, Grover, and Green) EXTERNAL ANALYSIS Technological Environment Brand Awareness – Style at a Premium Apple’s products are trendy and stylish. After Jobs returned in 1997, Apple retained designer Jonathan Ive to differentiate their computers from the typical beige box.Ive’s design of the iMac included clear colorful cases that distinguished Apple computers. (Linzmayer, 295-6) Apple’s iPod (with the trademark white ear buds and simple track wheel) commands a 15%-20% premium over other MP3 players. (Yoffie) Apple and Pixar limit the number of computer products and movies that they sell. Product differentiation with focused quality and style also extend to the Jobs Pixar – â€Å"Pixar's executives focus on making sure there are no ‘B teams,’ that ev ery movie gets the best efforts of Pixar's brainy staff of animators, storytellers, and technologists. † (Burrows, Grover, and Green) Page 21 of 54 pic][pic][pic][pic][pic] Figure 4: The Stylish Design of the iMac and Mac Mini Apple positions its Macintosh computers as higher quality and higher price. HP, Dell, and other PC manufacturers are pricing many systems under the $1,000 threshold. â€Å"Apple is struggling to meet demand for its new MacBook Pro laptop despite a $1,900 price tag that is nearly twice that of garden-variety rivals. † (Burrows) Apple has only recently entered the low-end (below $500) consumer market with the Mac Mini. Although the Mac Mini is a base model with few features, it comes encased in a very small and distinctive package.Apple portrays this computer as â€Å"Small is Beautiful†. (Apple) Likewise, the iPod Shuffle was Apple’s first entry into the lower-end ($100 range) of flash- memory-based portable music players. Interoperab ility Although Apple competes directly with Microsoft for operating systems, the release of iTunes for Windows in 2002 was a key strategic move. This decision expanded the potential customer base to nearly all personal computer owners, even though Apple only has 2%-3% of all personal computer sales. (Yoffie) Conversely, Apple depends on Microsoft for a version of Microsoft Office.As the most widely used office suite of applications, Macintosh users rely on Office to correspond with companies that standardized on Windows. This is from a strategic alliance between Apple and Microsoft after Jobs returned in 1997. (Linzmayer, 290) Page 22 of 54 [pic][pic][pic] Apple’s iTunes service has a technological hook (asset specificity) to Apple’s iPod. Although versions of iTunes exist for both Apple and Microsoft operating systems, the iTune’s AAC file format prevents other portable music players (such as iRiver or Samsung) from playing purchased songs. (Yoffie) Technology and the Digital LifestyleApple not only dominates the music player market, its iLife suite provides consumers with easy-to-use software for music and video composition. With â€Å"podcast† a household word, Apple’s Garage Band application makes the recording of podcasts and music very easy. (Boddie) Figure 5: The GarageBand Music and Podcast Application Page 23 of 54 [pic][pic] Regulatory Environment While introducing new technologies, there is a persistent threat of legal action by competitors. For example, Apple sued Microsoft in 1988 (settled in 1997 for an undisclosed amount) for perceived similarities between Microsoft Windows and Macintosh audiovisual works. Linzmayer, 172-4) Microsoft has generally been the focus for government antitrust charges (such as U. S. v. Microsoft) (US DOJ, 2006). Both federal and state governments assert that Microsoft’s dominance blocked fair competition within the software industry. This is an advantage for Apple, because its operating systems are a viable substitute for Windows. Furthermore, Microsoft’s continued support for Office for Macintosh reduces the perceived level of market monopoly and abuse. (Linzmayer, 290-1) Manufacturers will continue to trespass on Apple’s intellectual property.For example, the company tex9 released an open source music program called xtunes that was very similar to iTunes. In 2002, Apple took legal action against tex9, who then altered the program and renamed it sumi (pronounced, â€Å"sue me†). (Linzmayer, 300) Legal threats can surface from somewhat unusual sources. Apple Corps Ltd. is the London-based company that owns the rights to the music of the Beatles. Paul McCartney and Ringo Starr recently sued Apple over the use of the Apple logo in iTunes, claiming that it violated Apple’s agreement not to produce music under an apple-based logo. Associated Press) Research and development is a key component to Apple’s sustained competitive advantage. Apple is currently taking legal action against several popular technical web sites for releasing proprietary product research. Sites such as appleinsider. com have allegedly posted verbatim content from documents protected by employee non-disclosure agreements. Page 24 of 54 [pic][pic][pic] (McCullagh) Release of critical insider information could give Apple’s competitors a jump in producing rival products. Industry Analysis Using Porter’s Five Forces ModelApple operates in two primary industries: †¢ Computing – Hardware and Software †¢ Delivery of Entertainment and Media Apple has always been under intense competition within the computer, software, and entertainment industries. â€Å"Looking to 2005†¦ Every time that Apple had jumped into the lead in a product category during the past two decades, it had had difficulty in sustaining its leadership position. † (Yoffie) We use Porter’s Five Forces Model to understand why Ap ple’s industries are so competitive. Figure 6: Porter’s Five Forces Model Page 25 of 54 Threat of New Entrants Bargaining ower of Suppliers Threat of Substitutes Bargaining power of Buyers Level of Threat in an Industry [pic][pic] Figure 7: Summary of Industry Threats (Computer Equipment and Entertainment Distribution) Type and Severity of Threat Organization Examples Entry – High Threat Verizon Streaming audio and video with V CAST. Amazon On demand online services to purchase music (similar to iTunes). Google They make everything. The â€Å"Next Google† New entrants with disruptive technology. Rivalry – High Threat Microsoft Windows Operating System, Windows Media Player for playing music and video.Linux Competition to Mac OS X Operating System. Napster, Rhapsody Online music sources – alternatives to iTunes Music Store. Dell, HP, Lenovo Alternate sources for computer hardware. iRiver, Samsung, Creative Small, stylish MP3 Players. DreamWor ks Animated movies. YouTube. com Online video. Substitutes – Moderate Threat XM, Sirius Satellite Radio for music. XBox, PS2 Entertainment Media, Media and Music. Various Internet Streaming Radio and Podcasts. Music CDs, DVD- Audio and SuperAudio CD Alternative means to acquire music. Broadcast, Cable, Satellite, NetFlix, TiVo, TheatresAlternative sources for video. Suppliers – High Threat Motorola, IBM, Intel, Samsung Suppliers of Processors and computer memory. Microsoft Strategic Alliance / Supplier of Office for Mac. The Big Five – BMG, EMI, Sony, Universal, and Warner Sources of music. Will they raise prices and break the dollar per song model? Some in the record industry resent Apple’s distribution model. â€Å"Apple reaps billions from selling its hit music player, but there are sparse profits from the songs being sold over the Net. † (Burrows, Grover, and Green) Disney, ABC, NBC, CBS, Fox, Pixar, SonySuppliers of Television and Movies. Will they sign exclusive contracts with other online services? Note that this threat is reduced for Disney / Pixar. Buyers – Moderate Threat Consumers and Illegal peer-to-peer file sharing Consumers share music using peer-to-peer networks without paying for music. Distributors Apple retailers may pressure for lower prices or better terms. For example, the release of the Apple Store in 2001 â€Å"infuriated longtime independent Apple retailers that didn’t appreciate Cupertino cannibalizing their sales. † (Linzmayer, 300) Consumer Attitudes and BehaviorsConsumers or businesses may reduce spending on personal computers or non-essential (potentially high elasticity of demand) music players if they fear economic downturns. Consumer Refresh Consumers and businesses may continue to use previous-model iPods and Page 26 of 54 [pic][pic] Cycles Macs rather than upgrade to current iPods, iMacs, or OS Page 27 of 54 [pic]The total industry threat for the industry space that Appl e occupies (computer equipment and distribution of entertainment) is a high threat industry. Apple must continue to pursue product differentiation (i. e. he style and ease-of-use of an iPod) and economies of scope (i. e. offering ABC television shows on iTunes) to maintain their sustained competitive advantage in this industry. Which External Threats are Most Significant †¢ Computer Hardware and Software: Open Source software such as the Linux Operating System and Open Office applications threaten both Apple and Microsoft. The low (often, free) cost of the software may allow it to overtake Apple and Microsoft, especially in developing markets such as China. †¢ Music Products: Major online retailers such as Amazon are considering entry into the online music market.With a wide internet presence and a household name, Amazon could present a formidable challenge to Apple. If the major record labels (Universal, Sony BMG, EMI, and Warner) negotiate better terms with new competito rs to iTunes, Apple may be unable to provide some of the music content that they currently offer. The major music labels dislike Apple’s dollar per song pricing. They would prefer to earn higher profits with â€Å"variable pricing†. (Wingfield) With variable pricing, the most popular songs would be greater than $1, and less popular songs would be less than $1.Although the labels recently renewed their contracts with Apple, there may be provisions that allow future changes in the pricing model. (Wingfield and Smith) †¢ Suppliers: The recent shift to Intel processors could present a significant threat to Apple. With only two companies (Intel and AMD) producing Intel-compatible processors, there is a strong potential for tacit collusion and oligopoly power between these suppliers. Apple purchasing must now directly compete with HP, Lenovo, and Dell. If shortages or Page 28 of 54 [pic][pic] exclusive agreements materialize, Apple could face problems with obtaining raw materials.Apple should consider additional sources such as Advanced Micro Devices (AMD). Figure 8: CPU Market Share Additional External Threats Security Apple software, like all large software products, has security vulnerabilities that hackers may exploit. A significant exploitation in the future could damage many businesses and households using Apple computers. This would affect future customer purchasing decisions. Apple enjoys a competitive advantage, because their OS X is mature and stable due to its basis on BSD Unix. In fact, â€Å"computer security folks back at FBI HQ use Macs running OS X†. (Granneman) Page 29 of 54 pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic]Ads by Google |Free Whitepaper | |Gain competitive advantage | |using predictive analytics | |www. sas. com/uk/retail | |SPSS Predictive Analytics |Learn To Use Predictive Analytics | |In This Free SPSS Whi te Paper. | |www. cognos. com/SPSS_analytics | |SWOT Analysis Diagrams | |Easy SWOT Diagram Software | |See Examples. Free Download! | |www. SmartDraw. com | pic][pic][pic][pic][pic][pic]A Strategic Analysis of Apple Corporation DownloadPrintMobileCollectionsReport Document Report this document? Please tell us reason(s) for reporting this document Top of Form [pic] [pic] [pic]Spam or junk [pic]Porn adult content [pic]Hateful or offensive If you are the copyright owner of this document and want to report it, please follow these directions to submit a copyright infringement notice. 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[pic] Info and Rating Reads: 46,219 [pic] Uploaded: 02/09/2009 Category: School Work Rated: pic][pic][pic][pic][pic](28 Ratings) course information [email  protected] com inc analyse strategy summary macintosh computers organisational objective (more tags) course information [email  protected] com inc analyse strategy summary macintosh computers org anisational objective avac strategic control business activities term strategy industries case profitibility economic relative ideas (fewer) Follow mahantesh123 [pic][pic][pic][pic][pic][pic][pic][pic]Sections show allcollapse « prev | next  » †¢ EXECUTIVE SUMMARY †¢ HISTORY OF APPLE †¢ The PC Industry †¢ The Online Music Industry The Future of Apple †¢ Apple in the Living Room †¢ EXTERNAL ANALYSIS †¢ Technological Environment †¢ Interoperability †¢ Technology and the Digital Lifestyle †¢ Regulatory Environment †¢ Industry Analysis Using Porter’s Five Forces Model †¢ SWOT Analysis †¢ Threats †¢ Financial Analysis †¢ Stock Price Performance †¢ Profitability Measures †¢ Product Unit Sales †¢ 2002 Product Sales †¢ 2005 Product Sales †¢ Strategy †¢ Product Differentiation †¢ Strategic Alliances [pic]Share & Embed Related Documents PreviousNext 1. 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[pic]Recent Readcasters Add a Comment Top of Form [pic] [pic] Submit Characters: 400 [pic] [pic] Bottom of Form 0137984613 left a comment iryani_70 03 / 13 / 2010 Reply natasha100 left a comment aw esum report-thanx !!!!!!!! -but just tel me how 2 download it? 03 / 02 / 2010 Reply queenouchka left a comment great report, please how to download? 02 / 24 / 2010 Reply BrianCMasi left a comment is reading Thanks for this.Your work helped guide me in completing my analysis of the company. 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