Question

(3) Discussion of finance and accounting and Apple. What conclusions can draw about Apple and the evolution of their business during this timeframe? Do you believe the same dynamics exist today? How would you determine that?

(4) We are now in the midst of one of the largest periods of employment loss since the great depression. Walmart and Amazon have announced they will hire 250,000 workers. based on greater online shopping demand. Still, most other industries continued to see a contraction, and oil prices are at a 21 year low on shrinking demand. The $2 trillion approved by congress to help business has now been exhausted. Congress is debating another funding package that includes a combination of loans and tax relief. This is an election year, so there is a lot of incentive to act quickly in the face of what certainly seems like a pending recession.

Answer 1

3. Apple has been appraised as the most novel and inventive business because of its involvement in the development of products with path breaking technological facilities like Iphone, Ipad and Imac. Since its financially very strong business organization so it can expend more on its research and development activities to develop products with latest information technology facilities which are indeed considered to be modern in nature and elegance and have faster processing speed.

Moreover, core competencies of Apple are strong and vigorous.It is vey difficult to imitate apple products and this is in fact has given them an edge over its competitors. However, Apple is very consistent with its product portfolio development which indeed has facilitated them to capture the market and ultimately emerge as a business leader of the market.

4.Due to the coronovirus pandemic, the economy is affected globally and thus creating a huge losses to business and employment.So, in this time, social distancing has become the need of an hour which necessitates most of the organizations to follow work from home protocol.As many employees have lost their jobs in this time so Walmart and Amazon plans to hire 2,50,000 temporary workers which will convert to permanent overtime to support the persons who are temporarily out of work.

Moreover, the government is also planning to infuse fresh amount of funds to help the businesses survive the economic damage of the coronovirus.