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MGMT1101 Final Project Research And Analysis Paper
Question:
Identify key functions of managers within organizations.
Identify control systems used in management.
Research environmental influences that managers encounter.
Analyze elements in the strategic planning process.
Analyze elements of organizational structure and design.
Examine motivational strategies used by managers within organizational settings.
Answer:
Strategies in relation with SWOT
Apple strengths lies in their number of patent protection, brand loyalty, design and innovation. Having many numbers of patents helps the company to be a first mover in the respective field of technology. This will also bring more profit to the company, as for using those technologies, other companies need to give them an amount of price. Moreover, Brand loyalty can also help significantly in the business, as it will automatically create a promotion in respective with word of mouth publicity. Innovation is also called as a fuel of competitive advantage (Teece, 2010) and this can help the company to increase their customer base. Read More..
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