Risk Management Strategies Apple

Submitted by: Submitted by

Views: 795

Words: 2587

Pages: 11

Category: Business and Industry

Date Submitted: 04/24/2011 11:14 AM

Report This Essay

Risk Management Strategies: Apple Computer Inc.

Introduction

Risk can be found everywhere. Man doesn’t have to look and analyze very hard in order to find it (Culp 2001, p. 3). Many are saying that the world has becoming a riskier place. The supporters of health and safety risk management also believe in the said statement. This can be seen in the society of America that is becoming obsessed with the risk. Americans are considered as the healthiest as well as wealthiest people in the history of mankind. However, they are considered as the most seemingly risk-averse people (Culp 2001, p. 4).

In terms of finance, there have been many people who are saying that the world has becoming more dangerous both for the individuals who are engaged to the growing swings in the global equity markets as well as for those corporations that depends to the unpredictable variables in the cross-borders (Culp 2001, p. p. 4).

As of now, there are many important variables and factors that can affect the overall performance of the company in terms of their relationship with their customers as well as other important entities who are involved in their supply chain. As of now, there are two most important factors that affect the position of a specific company in its respective industry as well as its position in the market, and that is globalization and innovation. The said two factors can give a tremendous impact to the competitive advantage of any company.

Globalization is considered as a multidimensional process that can help to broadly restructure as well as integrate the economy of the world, different institutions, together with the civil societies. It can also be considered as a forceful, continuing and accelerating process that helps to increase the different links and connections among the different actors, as well as the overall structures where in they operate, both inside states as well as across borders. Due to the help of...