Sales and Refund Policy Thanks for shopping at Apple. We appreciate the fact that you like to buy the cool stuff we build.
How loyal are customers to your brand Price sensitivity How well differentiated your product is Availability ofsubstitutes Having a customer that has the leverage to dictate your prices is not a good position.
Bargaining power of suppliers This relates to what your suppliers can do in relationship with you. How strong is the position of sellers? Are there many or only few potential suppliers? Is there a monopoly? Do you take inputs from a single supplier or from a group?
Can you easily switch from one supplier to another one? Are there other suppliers with the same inputs available? Michael Porter's model of Five Forcescan be used to better understand the industry context in which the firm operates.
Porter's Five Forces model is a strategy tool that is used to analyze attractiveness of an industry structure. Porter's Five Forces modelviews thebusiness fromoutside.
It focuses on assessing competitive position within industry. Porter's Five Forces model in the internal view. Automobile Industry The auto manufacturing industry is considered to be highlycapital and labor intensive.
The major costs for producing and selling automobiles include: Labor - While machines and robots are playing a greater role in manufacturing vehicles, there are still substantial labor costs in designing and engineering automobiles.
Advertising Each year automakers spend billions on print and broadcast advertising, furthermore, they spent large amounts of money on market research to anticipate consumer trends and preferences. The auto market is thought to be made primarily of automakers, but auto parts makes up anotherlucrative sector of the market.
The major areas of auto parts manufacturing are: Original Equipment Manufacturers OEMs - The big auto manufacturers do produce some of their own parts, but they can't produce every part and component that goes into a new vehicle.
Companies in this industry manufacture everything from door handles to seats. Replacement Parts Production and Distribution - These are the parts that are replaced after the purchase of a vehicle.
Air filters, oil filers and replacement lights are examples of products from this area of the sector. Rubber Fabrication - This includes everything from tires, hoses, belts, etc.
In auto industry, a large proportion of revenue comes from selling automobiles. The parts market is even more lucrative. Offering lower financial rates than financial institutions, the car company makes a profit on financing.
Extended warranties also factor into the bottom line. Greater emphasis on leasing has also helped increase revenues. The advantage of leasing is that it eases consumer fears about resale value, and it makes the car sound more affordable.
From a maker's perspective, leasing is a great way to hide the true price of the vehicle through financing costs. Car companies, then, are able to push more cars through. Unfortunately, profiting on leasing is not as easy as it sounds. Leasing requires the automakers to accurately judge the value of their vehicles at the end of the lease, otherwise they may actually lose money.
Indian Automobile Industry The Indian automobile industry is the tenth largest in the world with an annual production of approximately 2 million units. Indian auto industry, promises to become the major automotive industry in the upcoming years and the industry experts are hopeful that it will touch 10 million units mark.
Indian automobile industry is involved in design, development, manufacture, marketing, and sale of motor vehicles. There are a number of global automotive giants that are upbeat about the expansion plans and collaboration with domestic companies to produce automobiles in India.
The heavy motors including buses, trucks, auto rickshaws and multi-utility vehicles are manufactured by Tata-Telco, Eicher Motors, Bajaj, Mahindra and Mahindra, etc. The passenger car segment in the Indian auto industry is growing by percent.
Commercial vehicle will grow by 5. India is a potential emerging auto market. India is the largest two-wheeler manufacturer in the world. India's motorcycle segment will grow by percent in the coming years.
India is the fifth largest commercial vehicle manufacturer in the world.The Innovative Success that is Apple, Inc. 3. Apple, Inc.’s Vision.
As found on the company’s website, Apple, Inc.’s vision is the following: “Apple is committed to bringing the best personal computing experience to students, educators, creative. The current competitive strategies used by both Samsung and Apple Inc.
have both advantages and disadvantages. As noted earlier in the paper, Apple Inc. was the largest producer of Smartphones in the world before being overtaken by Samsung. Policies.
The Apple Pricing Strategy Marketing Essay. Print Reference this. Disclaimer: The competitive edge of Apple is customers experience and succeeded where Palm, Nokia and Motorola have not been so successful. With the introduction of new features would put strain on the carrier’s networks and also affects the pricing policies as a. In that esteem, it is the recommendation of this report that the Local Source Group should lobby its members in a fronted effort towards demanding better policies from the government that protect locally produced apples. Government Policy and Expected Retaliation - Although government's job is to preserve free competitive market, it restricts competition through regulations and restrictions. The government tried to promote the TATA Motors to start a plant by providing land and tax rebates.
Apple cares about protecting your personal information online, and we stand behind our products and services. Learn more about our commitment to protecting your privacy and about our corporate policies. Competitive Strategies Competitive Strategies and Government Policies Learning Team A ECO/ Competitive Strategies and Government Policies To call the automobile the single most important contribution to fuel the wheels of industry for the last century might be an understatement.
Apple, Inc. Competitive Strategies and Government Policies Name: Professor: University attached: Date of submission: Abstracts For every profit oriented industry to survive in the globalize market; they must employed competition strategies that suit their operations and also keep in mind their competitors and target set to be achieved.
For that reason it is fair to say that the RBV does go a long way to explain the strengths Apple’s competitive advantage. References: Apple .