Economic factors considering the economic impact on the business, apple revenues can adversely be influenced by recession and economic crisis to a large extent due to its premium pricing strategy. Inflation, recession and currency are three important economic factors that apple noticed for example, during inflation period in the us the purchasing power of all the people will decrease and sales of apple's product in us will also decrease. Offering heavy subsidies to apple to get it to relocate production would reduce inequality in america you'd increase the tax burden which would mostly affect richer households and you'd create low-wage jobs, which would mostly benefit underemployed, low-skill workers. Pestel is a strategic analytical tool and the acronym stands for political, economic, social, technological, environmental and legal factors apple pestel analysis involves the analysis of potential impact of these factors on the bottom line and long-term growth prospects. Apple had made our life even easier than time when apple was just a fruit the article focused on critical analysis of apple's governance and social responsibilities.
Social economic factors affecting health social and economic factors can influence and impact on an individual's state of health vastly each aspect effects an individual in various different ways producing negative and positive outcomes, more commonly referred to as health detriments (brooker and waugh, 2007. Luca maestri, apple's chief financial officer, said the company is feeling the effects of a very different economic environment around the world apple is beginning to see softness.
Apple is the company that i am going to be talking about in this assignment i will be talking about how different economic environments affect two countries apple operates in (china, usa) and what countries they are manufactured and assembled in. Personal factors can affect the consumer behavior, thus influencing brand recall and creating brand awareness in the case example of the iphone, we will be able to dive and ascertain the list sub variable contributing to the personal factor as independent variable. World economic condition is also becoming one of the factors that influence apple inc business process as this company is recognized internationally inflation, recession and currency are three important economic factors that apple noticed.
Economic factors: the main economic factors can be taxation policies, economic development of a country, exchange rate, inflation, living standards, average income the purchasing power of buyers and the ability of people to buy apple's products as it targeted to medium and high class people. The economic factors are described as the factors that affect the financial issues of the businesses to include labor, taxes, interest rates, etc the business environment entails both internal and external factors.
Potential impact of economic factors on apple increased labor costs in china could take away the cost advantage of some apple products stagnating middle-class incomes in some developed countries, including the united states, could shrink the potential market for higher-end consumer goods such as those marketed by apple. Apple inc consistently leads the market in innovative products, setting the trend for other firms in the industry starting from the original release of the imac and ibook, apple has managed to force its competitors to attempt to create similar products that can compete. The economic factors that most affect the demand for consumer goods are employment, wages, prices/inflation, interest rates and consumer confidence how employment and wages affect consumer goods. The economist offers authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them.
Economic factors inflation, recession and currency are three important economic factors that apple noticed since apple inc products were viewed as luxury products, therefore customers started pending less on them. Explore the economics of the iphone 8 and why apple's leading handheld device is one of the most influential products in the united states. Economic factors that affect apple in china and usa unit 1: business environment assignment 3 apple is the company that i am going to be talking about in this assignment i will be talking about how different economic environments affect two countries apple operates in (china, usa) and what countries they are manufactured and assembled in.