Please 350 words with references. 1.Consider Apple, Inc. This global U.S. corpor
ID: 465836 • Letter: P
Question
Please 350 words with references.
1.Consider Apple, Inc. This global U.S. corporation operates retail stores in 16 different countries.
2.Discuss the historic role of technological change over the past 30 years and how this change has contributed to the growth of Apple and other businesses like it. Base your response on what you have read in your text and from your learning activities.
Two macro factors underlie the trend toward greater globalization.14 The first is the decline in barriers to the free flow of goods, services, and capital that has occurred since the end of World War II. The second factor is technological change, particularly the dramatic developments in recent decades in communication, information processing, and transportation technologies.
Explanation / Answer
Technology has enabled the people to create new things which can change help the man in changing the face of society. It helps in making the society a place worth living and give new dimensions to aspiration of human beings. The major work in the field of technology has been witnessed in last 30 years which has change the face of society. The emergence of Computers and chips has made the big calculation and research feasible. It has given a lot of power into the hands of people using which they can create new things for making their life easy. Information technology is another field which has great impact on society as it reduces the distance between persons and gives a better prospect for the inventions and development of daily needs of peoples. Many companies like Microsoft and Apple has emerged considering information technology as the basis of its business model. Apple has created its own computer and software which was a major hit among the consumers. It makes much software which helps in creating new solutions for existing problems and thus makes the life of peoples easy. Apple is known for bringing innovative and unique products for the consumer which consumer has themselves not thought about it thus making it highly saleable product company and making the company one of the highest profitable company in the world . Apple is a technology based company which creates new products based upon new technology and markets it into the society. The companies are solving many day today problems through technology and breaking the complex problem into simpler one so that it can easily executed by the most common person of the society. The creation of products like IPod, IPad, facebook has brought new wave in the society and make the persons think of something which they can never be imagine. Personalization of consumers is the latest trend and technology is making a great effort in realizing it. These companies are always living on the edge and continuously creating new technology to make themselves competitive in the market as well as profitable. Thus we can infer that technology is the base for most of highly profitable companies is also the base for current society growth.