BP Formative Assessment
BP Formative Assessment
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Introduction
Apple Inc. is a multinational and American company. Its headquarters are located in
Cupertino California. Apple develops, sells and designs computer software, online services and
customer electronics. The devices developed by Apple include iPad, Vision Pro, Apple watch
and iPhone etc. Apple was founded by Steve Jobs, Ronald Wayne and Steve Wozniak in 1976.
Apple's success is mostly attributed to its unwavering emphasis on innovation, design, and user
with sophisticated aesthetics, engaging people and establishing new benchmarks in the industry.
Apple, under the guidance of visionary executives has fostered a culture of innovation and high
quality (Zhang, 2018). They have spearheaded forward-looking projects that have completely
distinguishes it as a prominent corporate leader. The corporation has made substantial progress in
minimizing its environmental impact, using various measures such as the use of renewable
Apple Inc. has several obstacles in preserving its status as a frontrunner in the technology
sector. Initially, the firm is facing challenges due to market saturation and a decline in iPhone
sales, which are worsened by the economic worries caused by the COVID-19 epidemic. As
customers become more frugal and focus on necessary costs, the market for expensive
smartphones has decreased, creating a major obstacle for Apple's development (Jin et al., 2022).
In addition, Apple is facing growing regulatory scrutiny worldwide, particularly on its rules and
practices related to the App Store. Apple's business operations are under scrutiny from antitrust
China, makes it vulnerable to supply chain interruptions caused by geopolitical conflicts, natural
catastrophes, or pandemics. The enduring trade tensions between the United States and China,
along with the COVID-19 epidemic, have prominently exposed the weaknesses in Apple's
worldwide supply chain, causing disruptions in manufacturing and affecting the availability of
their products (Theophilus, 2022). In order to tackle these difficulties, it is crucial to implement
strategic initiatives. Apple should expand its sources of income beyond the iPhone by allocating
resources to emerging product categories such as wearables and services (Zhang, 2018). These
encompass items such as the Apple Watch and AirPods, along with services like Apple Music,
iCloud, and Apple TV+. Implementing assertive marketing strategies and fostering innovation in
these specific domains may effectively expand the company's market presence and decrease
politicians in order to effectively deal with the problems related to its App Store standards.
Implementing an open and adaptable strategy towards App Store regulations helps reduce the
potential negative impact of regulatory concerns and maintain Apple's image as a responsible
The objective of this report is to offer a thorough examination of the main obstacles and
issues confronting Apple Inc. specifically in regards to the current events that are affecting the
business landscape. This report seeks to provide strategic insights about these are issues are
affecting the stakeholders. In this regard, the report provides a stakeholder analysis to evaluate
the effects of the highlighted issues on the company's internal and external stakeholders.
Stakeholder analysis
To effectively tackle the numerous issues faced by Apple Inc., it is crucial to have a
thorough awareness of both the internal and external stakeholders. The Executive Leadership
Team, consisting of prominent individuals such as the CEO, CFO, and COO, is responsible for
making strategic decisions to address the identified challenges inside the organization. Their
responsibility for the company's overall success, along with the direct influence of their
performance on their leadership, highlights the importance of their position in navigating through
challenging periods (Jin et al., 2022). Furthermore, the workforce, which includes engineers,
designers, salespeople, and marketing workers, is an essential internal stakeholder group. Their
combined efforts are essential in carrying out strategic measures aimed at overcoming hurdles.
The well-being, stability, and future opportunities of these personnel are closely connected to the
The Research and Development (R&D) Teams are equally important since they play a
critical role in diversifying income streams and retaining a competitive advantage through their
constant pursuit of innovation. Their efforts have a direct impact on the successful launch of new
goods and services, which are crucial for maintaining Apple's dominance in the market.
Furthermore, the experts responsible for Supply Chain Management have a crucial role in
reducing risks related to worldwide production and interruptions. Their judgments have a
substantial influence on the availability of products and the company's ability to satisfy consumer
difficulties. The company's responses to market saturation, regulatory scrutiny, and supply chain
disruptions immediately affect both present and future customers, who are at the forefront. Their
purchase decisions are influenced by variables such as the availability of the goods, affordability,
and the long-standing repute of the Apple brand. Investors and shareholders, on the other hand,
closely monitor the company's financial performance and its long-term growth trajectory.
Apple's ability to diversify income streams, manage regulatory frameworks, and strengthen
such as the US and EU. The need to address antitrust issues and App Store standards requires
taking proactive measures to minimize risks and protect income sources (Zhang, 2018).
Suppliers and Manufacturing Partners, who play important roles in Apple's worldwide supply
chain, are directly affected by the company's actions and any interruptions. Strategic alliances are
crucial in enhancing supply chain resilience, since they mutually benefit all parties involved via
collaborative efforts.
References
Adel, S., Omar, A., & Abdulammeer, D. H. (2021). Employees’ Performance on Apple
Chen, X., Liu, Y., & Gong, H. (2021, December). Apple Inc. Strategic Marketing Analysis and
Jin, S., Li, W., Cao, Y., Jones, G., Chen, J., Li, Z., Chang, Q., Yang, G., & Frewer, L. (2022).
Zhang, Q. (2018). Research on Apple Inc’s Current Developing Conditions. Open Journal of