XXXXXXXXXXWordsAPA formatted referencesIn today's competitive business climate, achieving long-term...

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XXXXXXXXXXWordsAPA formatted referencesIn today's competitive business climate, achieving long-term business success 
has become more difficult. For example, changes in technology cause the demise 
of technology manufacturers, and changes in the supply of oil and the resulting 
price of gasoline can have an impact on auto companies that focus on gas 
guzzlers.
For your current employer or any company for which you have knowledge, answer 
the following questions:

What are two factors or forces external to the company that made them 
successful or was key to them being successful, now or in the past? These are 
meant to be big-picture forces affecting the overall economy or the industry as 
a whole (i.e., new regulations, major new competitor, new technology, etc.).
What specific events could happen that could cause these two favorable 
factors to change, and therefore, negatively impact the company?
How do you feel the company should respond if there is a negative impact on 
it?

Robert · Accepted Answer

Factors or forces external to the company that made them successful or was key to them 
being successful, now or in the past 
 Apple Inc is one of the most successful companies in the present days. However there are 
several factors which have supported their competitive advantage in order to sell huge volumes 
of iPhones and iPads and earn enormous profit for the same. Firstly the huge amount of 
semiskilled worked required for the assembly of the different parts of the gadgets were not found 
in America but in China. Thus, the Chinese foreign trade policies and its labor market huge 
influence the success of Apple Inc.

XXXXXXXXXXWordsAPA formatted references In today's competitive business climate, achieving long-term business success has become more difficult. For example, changes in technology cause the demise of...

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