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Effect of competitive forces on Apple and its strategy for success
Free enterprise system
Free enterprise system
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Steve Jobs was a college dropouts with no big plans. No one would have guessed that him and two of his friends working in a garage would be the beginning of a revolution in the world of technology. The free enterprise system made it possible for Steve Jobs to revolutionize the world with Apple products.
The free enterprise system makes it essential for new products to be thought of and reflect what consumers want. Apple products were thought of because they were something new and different and because they were something that people would want. Without the free enterprise system and the constant changing needs and wants of consumers Apple products likely would never have been thought of. Some people may argue that the free enterprise system had no influence on Jobs's success with Apple. The free enterprise system motivates entrepreneurs like Steve Jobs to constantly be thinking and striving for something new and innovative.
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The first computer that Jobs and his partner created was very successful and if it weren't for competition that might have been the end of it. Jobs had to continue expanding and coming up with new and more advanced technology in order to beat the competition and stay ahead of the game. Some people may argue that Apple products would continue expanding even if America was under a capitalist system. This is false because if America was under a capitalist system the government regulation would decelerate the progress he was making and Apple may never have reached the potential it has reached today. The power of competition played a key role in the success and development of the innovative company
Steve developed innovations and inventions in technology that were meant to benefit the people. He wanted to make technology accessible to everyone, so he made his tech smaller and cheaper. In addition to creating technology that helps us in more ways than one, is that he also donated large sums of his own money to charities. Jobs was a very private person and never mentioned philanthropic duties in the media (which lead to many criticising him) but did in fact donate $50 million to Stanford hospitals in California and funded HIV and AIDS research.
The United States is known for having a free-enterprise economy where a business can be conducted freely without government involved. In free-enterprise economies, goods and services are traded openly and are produced depending on the demand. People who support this type of economy believe it motivates businesses to make money and welcome new ideas. An important part of the economy is to have full employment and low inflation.
Sir Steve Jobs, the almighty co-founder of Apple started apple dreaming big. The Harvard College dropout carried through with that dream. According to Leander Kahney, author of “Inside Steve’s Brain,” “apple went public 1980 with the biggest public offering since 1958” (2008), this offer proved successful as apple soon became a super power. Apple suffered a fall out though, but Steve Jobs came back and rescued them, reviving them to their previous stature.
Steve Jobs, co-founder of Apple computers, was influenced by the very same transcendental ideas expressed by Ralph Waldo Emerson, namely self-reliance and determination. Rather than conforming to the accepted path of success, Steve Jobs chose to do things his own way, with determination. He dropped out of college and began only taking classes he found interesting, then he starte...
Steve Jobs and his friend Wozniak started to create their very first computer, and it came out a lot better than what they thought it was going to be. With very little education, the first computer that came out was extraordinary. “It was the first single-board computer with built-in circuitry allowing for direct video interface, along with a central ROM, which allowed it to load programs from an external source” (“Steve P. Jobs”). Without the education that most people get, for someone who dropped out of college, Jobs created such a powerful computer without the knowledge that most people have. Jobs computer that he created along with his friend was so astonishing a second computer came out. “A year later, the Apple II was launched with a simple, compact design like the Apple I, plus a color monitor” (“Steve Paul Jobs”). The first computer that Jobs created was excellent enough to create a second one, which was also a superior computer. Even though Jobs dropped out of college, he was still intelligent enough to create one of the biggest companies in the world. Apple incorporations was going strong until one day the company decided to let Steve Jobs go,...
Apple has transformed from a computer genius to a powerhouse of all technology. “Jobs’ genius was in impressing his visions upon people,” and with each new advice the amazement of Apple followers strengthened (“Apple Computers”). Apple has created an illusion of a perfect society. With greater, more advanced technology, people believe that the world can only continue getting better. Customers have bought so mentally into Apples mission that they cringe at seeing someone using another device brand. Not only does Apple create an easier way to get everyday tasks complete, they make it look good too, “Jobs played a directive role at Apple in the development of products that were both elegant and tasteful” (“Apple llc Computer”). In today’s society the people are brainwashed by advancements which portray nothing less than a picture-perfect society, a
Steve Jobs and Steve Wozniak, cofounders of Apple, are widely recognized as the pioneers for the microcomputer revolution. While other companies like IBM we're working on creating large scale computers, Jobs, with the help of his business partner Steve Wozniak, created the first personal computer the Apple two. After that, realizing the future of computers by seeing Xerox’s work with graphic designer interfaces, Jobs pushed Apple into creating an enormous stride in technology, the Macintosh computer. After catching the world by storm in 1984, Jobs, at age 25, had a net worth of 100 million
The free enterprise system is a debatable topic because it allows for competition in the business market, which may or may not work in everyones favor. A good example would be Bill Gates, in which the enterprise system worked successfully for him and helped him become a billionaire. In a free enterprise system, producers decide everything about their products or services, including their prices, ingredients, and what they choose to do with their profits. This also gives freedom to consumers to make their own economical choices. This has allowed businesses to engage in competition, and has been beneficial to many, especially Bill Gates.
It was Steve Jobs who made Apple leave the garage and make leaps and bounds in the world of technology. Steve Wozniak made the first prototype, but it was Jobs who “saw the potential” in his computer and persuaded Wozniak to sell it (Peterson 106). Even though that first computer saw very little success, Jobs knew that Apple had potential and so released the Apple II. From the beginning Jobs knew what the consumers wanted, and where computers were going to take the world; he had a vision of the opportunities in technology and saw that Apple needed to move in a different direction. In 1984, one year before he left, Jobs finished the Macintosh computer system. He was pushed from his original computer design project, “the Lisa”, and then raced to release the Mac first, but the Lisa was released to the public first. Although the Lisa came out first, the Mac “[became] synonymous with Apple, mark[ing] a…revolution in…personal computing,” (Peterson 106).
As practiced in NeXT, Jobs successfully turned Apple into like a body that moves as Jobs thinks and wants. As Jobs mentioned, Apple culture was similar to that of startup; they move fast and continuously move their direction quickly. (MerchantNilofer) Even though Apple was a huge corporation, it can act like a startup because of its special organizational structure. There are relatively few people in the company who make decisions; others follow the order. Also, everyone is specialized in their own field and there was no ‘general manager.’ (LASHINSKY, ADAM, and Doris Burke)
Apple is a company that has been round for many years. There are over 55 million people who use an apple product or are considered to have at least one apple product in their home. The apple products range from larger devices such as there amazingly known Mac books which are there computer based system to there much small hand held based device called the iPhone. That device allows a person to make calls all while have the convent amenities that a laptop would have. They also have the very popular iPod as well as Apple TV. They have expanded into an empire that everyone is trying to become as well as beat. As many people know there is history and hard work that has to take place in order for a business to be successful. Many people will refer to the success of apple as the underdog company that made despite the odds. Founder Steve Jobs was a regular person with a dream. He started of building an Apple computer in his parent’s living room and later moved to the garage true to lack of space. Later on in his building career a neighbor of Steve Jobs introduced him to Stephen Gary Wonzniak. Wonzniak was an engineer and Jobs was a market maven and together they have the skills to build and properly promote. The computer they were trying to promote was fairly expensive computer. Jobs was so dedicated to this idea of transforming this computer from what it was to something that is able to be sold to the public he reached out to Bill Hewlett and asked him to donate some parts for a class projects .
Steve jobs changed the world by creating Apple, inc, that made products that were revolutnary for there time period. He won several awards for his inventions, he died of pancreatic cancer. Steve jobs was the co-founder of apple with Stephen Wozniak. Steve jobs got fired from apple in 1984. He then started a new business called NeXT computer that made special computers for education and businesses. NeXT computers failed so he bought Pixar in 1986. Steve jobs created the ipad that came out in 2010 it is a cross between a iMac and a Iphone.
Computers and technology makes it easier for entrepreneurs to enter this market. Not only are major tech companies competing against one another, but they are also competing against little programmers that know how to code. In our time you will never know with certainty when a small group of engineers or computer scientists are going to create, “next big thing”. Apple has been able to have a competitive advantage over its competitor by creating the highest quality products and services. Some of Apple’s current competitors are Microsoft, Google, and Facebook, and a few other tech companies as well. Most people strongly people Apple is one of the stronger company its industry, but then again some other people have biased views. Financially, they are the strongest company in the world. Also people are always willing to pay a premium for their products because of their durability, quality, and prior experiences with Apple products. Apple is always on the look at for new innovative ideas and concept that are being produced by self-motivated entrepreneurs. They are always looking to hire bright minds and let them develop within the company. A lot of entrepreneurs, programmers and engineers do not have a problem working for Apple because of their well-established perks. Apple offers its employees of the best benefits in the world. They also fairly compensate their employees that work in the front-end store as
Overall, Steve Jobs was a great inventor. He changed the world with his many technological advances and the opening of his now world-famous company, Apple. He showed great determination, skill, and knowledge throughout all of his undertakings. Steve Jobs will never be forgotten and his inventions still live on today.
Although Steve and Bill are competitors, there are similarities between Steve Jobs and Bill Gates. Both of them are the most successful CEO’s in the world. Though they were college dropouts, but they still achieved a lot of success in their own way. Steve was a very innovative man. As the English proverb goes by “ Have no fear of perfection - you will never reach it.” by Salvador Dali. No matter how many times he failed, he could develop things from his own idea and turn them into a successful product. In 1979 Apple’s first product was introduced, people like it very much because of its simplicity and innovative ideas. Later on in year 1980, the company showed a tremendous performance, where its share rose by 32% (Messa, 1998). Similarly, Bill Gates was also like that, but just that Steve was in a company which makes hardware prod...