Fortune 500 company
Select a Fortune 500 company and imagine that you work as a strategist for your selected company. As you read through the Required Unit Resources, pay close attention to your firm’s strategy, and write a case study analyzing the following points:
Examine your firm’s internal strengths and weaknesses. How can organizational relationships improve performance in the firm?
How does the firm’s growth fit into the firm’s missing and vision statements?
Who are your firm’s competitors?
Do you see your firm’s strategy as effective or ineffective? Why?
Sample Answer
Strengths
Apple Inc. is a multinational technology company that specializes in consumer electronics, computer software, and online services. It is one of the world’s most valuable companies and is known for its innovative products, such as the iPhone, iPad, and MacBook.
Apple’s strengths include:
- Strong brand recognition and reputation
- Innovative products and services
- Loyal customer base
- Strong financial performance
- Experienced management team