Key Success Factors Budget Forecasted Financials Apples breakeven analysis will

Key success factors budget forecasted financials

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Key Success Factors
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Budget & Forecasted Financials Apples breakeven analysis will be used to determine when they will be able to cover all its “expenses and begin making profit. Apple will calculate their breakeven point by identifying fixed and variable cost. The breakeven point is reached when revenue equals all business costs.” (US Small Business Administration, 2016) “Over the next five years, the Apple is expecting it to grow earnings at an average annual rate of 11.95%.”
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Risk Analysis Lean Suppliers Production Increase Product Differentiation Development Increased Spending Shipping Expectations
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Risk Assessment & Contingency # Risk Outcome Rating Mitigation 1 Supplier Backorder Issues Requested Units to Ship not Met High Set up back up suppliers for components that are at higher risk of back order. 2 Production Failure/Malfunction Increased production is not met, leading to units shipped decrease Med Use secondary production facility on stand by to ensure all unit production goals are met. 3 Product Change not Accepted Loss in profit or Sales Low Use R&D expense wisely to select features components to add to iPad to ensure change is widely accepted and not drastic 4 Partnership terminated Reduced sales/profit due to lack of confidence Low Ensure contract is in place with partnering organization IBM. Set up back up sales schedule to meet sales goals if necessary. 5 Marketing Strategy not Met Unit sales expectations will not meet requirements of new iPad plan Med Provide secondary marketing initiatives to promote iPad if marketing strategy is not prepared by launch.
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Conclusion Apple has created a strategic plan that has established value and a sustainable competitive advantage. Apple is an industry leader in the world of forever changing competitive technology. It is evident that customer’s love Apple products and Apple love to create the high quality innovative product designs for optimal customer experience. Apple strategic plans suggest that they will continue to focus on innovation as a key success factor for future and continued growth.
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Reference 5 Key Factors to Successful Strategic Planning Retrieved from Anthony, S. (2016). In 2015 tablet sales will finally surpass PCs, fulfilling Steve Jobs’ post-PC prophecy. Retrieved from - tablet-sales-will-finally-surpass-pcs-fulfilling-steve-jobs-post-pc- prophecy Apple's External Environment. (n.d.). Retrieved from:. digication.com/gainorbostwick/Reflection_on_Revisions Apple Inc.. (2015). Q1 2016 Unaudited Summary Data. Retrieved from Apple Strategy & Leadership Retrieved from Apple Incorporated. (2015). Apple Inc. Form 10-K. Retrieved from 1553140049x0x861262/2601797E- 65904CAA-86C9-962348440FFC/2015_Form_10-K_As-filed_.pdf Apple Inc.: A Short SWOT Analysis. (2016). Retrieved from /Apple_Inc___A_Short_SWOT_ Analysis.aspx#.Vs5Qs5MrIUE Apple Inc. Five Forces Analysis (Porter’s Model) Retrieved from - study Apple Inc.. (2016). Investor Relations. Retrieved from Apple Inc. PESTEL/PESTLE Analysis & Recommendations Retrieved from: -
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