Maintaining the Music Business while Introducing iPhone and Apple TV Essay

Maintaining the Music Business while Introducing iPhone and Apple TV - Essay ExampleMaintaining the Music Business while Introducing iPhone and Apple TVApple also faces challenge in maintaining its core competencies relationship building, marketing, innovation, and brand management - as it moves on controlling the broader range of products and oversees wider markets. Wider customer base and in the buff rivals brings on much variety of strengths and strategies. The entertainment and technology in itself are constantly updating. It is even uncertain that the Apple could bring on innovative object campaign for its brand reputation or launch new products or give out technological breakthroughs that will attract wider enjoyers. Moreover, the companys products sort of than depending upon the internally developed software and hardware depends on the ability to safe the media contents.Apples offshoot and success balancing stakeholder demands has even been facing problems. At times managi ng the clashing expectations of suppliers, partners, customers, investors, legal/governmental entities, and others put greater amount of stress on Apples management team. Moreover the company is dependent upon its vision, Jobs charisma, relationship-building skill and mass communication put the Apple in to at risk in case of improper succession planning and the likewise non-proficiencies. An permit set of goals written and strived for would help ensure that Apple Computer remain updated with its current position in the market or otherwise. Apple success schema also ensures steps are taken for copyrights infringement. http//www.apple.com/legal/trademark/claimsofcopyright.html A healthy way to obtain customer satisfaction and ensure constant growth for the company would be to make use of following dimensions Dimensions for Success Financial Performance Measures Cash Ratio - ( Cash Input over Cash railroad siding comparison) Sales Ratio - (sales per 100 customers) N.P Ratio - (Net P rofit on sales) Gearing Ratio - (Long Term Debt to Shareholders Equity) Stock Turnover Ratio - (Inventory to equal of Goods Sold) Creditor turnover - ( Creditors to Cost of Goods Sold) Debtor turnover - (Debtors to Accounts Receivable) P.E Ratio - (Market Price to Earnings Per Share) MPS - (Market Price per Share) Non-Financial Performance Measures/ (strength and weakness analysis through internal factors) Product life one shot (stages through which a product moves) Labor Turnover (refers to movement of employees in and out) Analysis of stock-outs (out of stock events) Complaints re manuals