In: Economics
For the publicly traded U.S. company Apple (AAPL), analyze the economic implications of operating in different market and industry structures.
The publicly traded U.S. company Apple is a phenomenally successful company which manufactures products that people love. Apple has contributed in creating nearly 50,000 American jobs.
Operating in different markets has special economic implications as cost effectiveness and easy supply of output etc. Operating in different markets helps in getting relatively cheap labour and easy availablility of input. Operating in different markets also leads to cost effectiveness in output supply. Apple one such company which is which has a very large share of the population is connected to each other and to all sorts of data resources with the help of its remarkable and portable hand held computers. Apple has a large impact on such businesses and employment and earning in an unexpected way.
The transportation method adopted by Apple is quite cost effective and efficient in terms of delivery of products. The Airways as well as water ways is used by Apple in an effective manner and it has a significant economic implication for the company.