Apple: The Impact Of Globalization On Apple

Globalization
Globalization refers to simply exchange of products, services, world views, ideas and different aspects of cultures beyond the boundaries of a country. There are several factors responsible for the era of globalization such as transportation (ships, airplanes), information technology (internet, computers). Now globalization plays a vital role in the economy of every country across the globe and it becomes easy for every country to fulfill the demand of their population in terms of the products that are not available or produced into that country, for instance, UAE is not capable of growing crops due to infertility of the land and they have to rely upon import of food products upon other countries and it becomes reality only due

• It is the most successful company all over the world.
• The ideology of “Apple” is different from other companies that makes a sense to study it and get some lessons of success and survival into today’s era of huge competition.

Impacts of Globalization on Apple
Apple Company has been affected a lot due to globalization and the company also derived many benefits because of Globalization. Ultimately, the company could prove its potential into this era of Globalization and becomes the most successful company despite of many ups and downs in the history of Company.

Benefits due to Globalization to “Apple”
Lower cost of production
As the company produces its products in China that leads to lower cost of production in terms of less labour cost. It helps the company to manufacture its products at lower cost that further helps in facing a tough competition into computer hardware and Software Company.

Bigger market size
Due to globalization, Apple’s market size has been escalated because of access of different countries in the world. Now the products and services of the company are being demanded in various parts of the world. It also leads to more earning and