Question: Question 3 : Study the case study below and answer the question following. Apple s Competitive Advantage in the market [ 1 9 Marks ]
Question :
Study the case study below and answer the question following.
Apples Competitive Advantage in the market
Marks
Apple Inc is an American multinational corporation specialising in the design and sale
of computer software, consumer electronics and personal computers.
Steve Jobs, Steve Wozniak, and Ronald Wayne joined forces to cofound the
company. Apple Inc has gained a reputation for innovation, consistently introducing
new advancements, starting from the initial Apple computer Macintosh to the latest
iPhone and iPad series.
Presently, Apple Inc has achieved global recognition due to its cuttingedge
technology featured in products like iPods, iPhones, MacBooks, Apple TV and various
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professional software application. Advanced technological products contribute to an
enhanced quality of life for consumers in various ways. Futhermore, Apple Incs
influential position in the worldwide market has altered the pattern of consumer
utilisation of electronic devices, particularly in the realm of virtual communication.
Individuls will no longer have to carry multiple devices, each with limited functionalities.
Additionally, Apple has established considerable value in a fiercely competitive market
and industry, aiding in the attainment of competitive advantages in an environment
marked by intense competition. Furthermore, it encompasses external factors that
pose challenging obstacles for Apple Inc. Hence, Apple Inc is recognised as a robust
company and the frontrunner in its industry.
Source: IDS Oliveira
Required:
Briefly explain the concept of competitive advantage and provide an example of
an organisation that has a competitive advantage over the other. marks
From the above case study presented, advise Apple on how they can sustain their
competitive advantage through information technology. marks
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