MANAGEMENT METHODS AND TOOLS

Management Methods and Tools Toolkit Design Exercise

Management Methods and Tools Toolkit Design Exercise

Introduction

One cannot conceive the organization as an entity isolated from the environment in which it operates. The company must continuously monitor its environment because, firstly, it fits into this environment and, secondly, it acts on that environment. Its environment in a positive way (environmental opportunities) or a negative (environmental) can influence the company. (Huxham and Vangen 2000, pp. 1159)

The company should monitor the constantly changing markets, changing competition and technology. It is also about identifying the risks of "breaks" technology (occurrence of major innovations) or structural (new lobbies, new regulations, growing influence of consumer organizations, etc). (Sterman 2000, pp. 69)

Background of Apple

The company we have chosen for our report is “Apple”. Apple is in the business of designing, manufacturing, and marketing mobile communication devices, personal computers (PCs), and video players and portable digital music. Apple also offers a huge range of associated services, software, networking solutions and peripherals. Apple is also providing the service of online distribution music; for the third party, music videos, audio books, television shows, short films, etc. (Barney, and William 2006, pp. 58)

Apple Computer came into existence in 1977. Steve Jobs and Steve Woznaik founded it. The first product of Apple was “Apple I”, the first ever product by Apple corporation. Apple I was a complete failure, however, Apple successfully launched another product in the year 1980, which was “Apple II”. Apple decided to go public in the 1980, and offered its IPO. During the early 1980's, the severe competition in the market and some internal problems led to some critical changes in the organization with the resignation of Steve Jobs. By the year 1983, Apple had to encounter another problem after the entrance of IBM in the market, and the failure of Apple III. (Beck 1998, Pp. 50)

Strategic tool kit for Apple

Forecasts for Apple

Economic forecasts suggest that Apple is currently valued in the market with $ 320 billion, will not stumble if abandoned by its chief executive Steve Jobs said Apple is still in front of broad prospects for future growth.

According to an economic report on what can be expected on the Apple in the future, prepared by the firm Formula Capital specialized economic studies. It is expected to be worth Apple's mega-trillion (million million) by the end of this year, marking a record did not inform him of any company before in the world, so that some analysts expect to have more courage to go beyond the 2 trillion barrier.

This means that the stock price of Apple would raise above all the value per share of the shares of the company to reach thousand dollars for the shares. It is noteworthy that the current value of Apple in global stock markets and the rest of the market equivalent of $ 320 billion.

Analysts and economists in their report that the disposal of the Apple currently there are 65 billion dollars in the form of cash and bonds, an ...