Apple Inc Essay Example | Topics and Well Written Essays - 2500 words

Apple Inc - Essay Example The company is located in the Silicon Valley in the United States that is currently experiencing economic turmoil. The recession has caused some technology companies to close shop and file for bankruptcy. Unemployment in the region has increased due to the economic downturn. On the other hand, the high standards of living among Americans have prompted for an increase in labour wages. The problems of the American economy created threats to the sustainability of some companies. However, Apple saw the recession as an opportunity to pool potential talents for their new business ventures. Laws and regulations related to mobile communications devices in the many jurisdictions in which the Company operates are extensive and subject to change. Such changes, which could include restrictions on production, manufacture, distribution, and use of the device, locking the device to a carrier's network, or mandating the use of the device on more than one carrier's network, could have a material adverseeffect on the Company's financial condition and operating results. Mobile communication devices, such as iPhone, are subject to certification and regulation by governmental and standardization bodies, as well as by cellular network carriers for use on their networks. These certification processes are extensive and time consuming, and could result in additional testing requirements, product modifications or delays in product shipment. (Apple, Inc, 2008) Information technology system failures, network disruptions and breaches of data security could disrupt the company's operations by causing delays or cancellation of customer, including channel partner. This situation can negatively affect the company's online offerings and services, impeding the manufacture or shipment of products, processing transactions and reporting financial results, resulting in the unintentional disclosure of customer or company information, or damage to the Company's reputation. (Apple, Inc, 2008) War, terrorism, geopolitical uncertainties, public health issues, and other business interruptions have caused and could cause damage or disruption to international commerce and the global economy, and thus could have a strong negative effect on the Company, its suppliers, logistics providers, manufacturing vendors and customers, including channel partners. The Company's business operations are subject to interruption by natural disasters, fire, power shortages, terrorist attacks, and other hostile acts, labor disputes, public health issues, and other events beyond its control. Such events could decrease demand for the Company's products, make it difficult or impossible for the Company to make and deliver products to its customers, including channel partners, or to receive components from its suppliers, and create delays and inefficiencies in the Company's supply chain. Should major public health issues, including pandemics, arise, the Company could be negatively affected by more stringent employee travel restrictions, additional limitations in freight services, governmental actions limiting the movement of products between regions, delays in production ramps of new products, and disruptions in the operations of the Company's manufacturing vendors and component suppliers. (Apple, Inc, 2008) The technology industry is a very attractive industry with a growing market demand internationally.

Managerial Finance Essay Example | Topics and Well Written Essays - 3500 words

Managerial Finance - Essay Example from the marriage of the managing director (then a saw mill owner) and a wealthy forestry owner from the north of England, in the phase of the current market situation a number reforms are about to be implemented base on the best option. This paper is therefore going to analyse the case thoroughly by looking at the main issues discussed in the case study in section 2 below; evaluating the management control system of Wooden Post Ltd as described in the case study in section 3 below; analyzing the case using agency and contingency theories in section 4; comparing and contrasting agency and contingency theory perspectives as well as looking at how the interpretation of the case differ from each theoretical perspective in section . This will require using certain financial analysis tool such as the Net Present Value and the Payback. The last section takes a decision and provides conclusion and recommendations The Wooden Post Ltd case study raises some important themes. The case first of all highlighted the issue of cultural change. The main idea in the area included improving on its transportation system, reducing cost in other to boost the organization competitive position. Agency control is also highlighted in the case through the introduction of a new director’s incentive scheme and a fall in growth potentials. Other problems raised in the case involve issues of corporate restructuring, contracting and outsourcing, employee’s redundancy. Under the present situation, management is now faced with the options of either merger and acquisition, joint venture or closure of some facilities. A couple of research has been carried out with the view to answer the two fundamental question as follows; (1) Does capital structure matters- can the total market value of a firm be increase or decrease by altering the mix of equity and debt? And, (2) if capital structure is relevant, what factors determine the optimal mix of equity and debt that would maximise the firm’s