1Strategic Management and Strategic CompetitivenessStudent’s NameInstitutionCourseProfessorDate
2Strategic Management and Strategic CompetitivenessFor the assignment below, I have chosen the Apple Company. The company remains oneof the most corporations that influence the existing and coming companies in terms of profitmargins and functional efficiency. The organization's global expansion and extensive technologyincorporation in its operations have put the company at the top of every consumer's wish list.Globalization and TechnologyGlobalization can be said to be communication, and actual execution of individual,enterprise, and government across the globe, enabled by global economy is influenced by digitaltechnologies. Globalization extensively impacts how ideologies are developed, built, and finallyprovided as technological advances, therefore impacting a multinational company's operationalmodel. Interestingly, a business idea is conceived in one location. At the same time, itsimplementation occurs in a different location for the conveyance of the ultimate good in a thirdplace in the world.Apple Inc. is among the Fortune 500 organizations that have innovatively maximized onthe benefits of globalization together with the company’s innovative thinking. All of Apple'sproducts, such as the iPod, iPhone, iPad, and Apple TV, are compelling examples of the impactsof globalization on the creation, development, and execution of technology or product.Globalization has made it simpler for Apple to access clients and customers from different partsof the world (Nyamekye & Tul, 2020). The company has put into place a website that it uses toadvertise and sell products to universal customers. The company depends on globalization andtechnology to provide exceptional computing products and obtain more customers across the
3world. Technology enables the company to design, produce, and market unique products in themarket, for example, iPhone and computers.