Using Technology to Create Strategic Options Essay

Using Technology to Create Strategic Options - Essay Examplee tender resource of the company, the company survives the competition it is presented with because it gets people who can rightly produce or create computer ironware and software that matches the experiences of users, connect users to the company, and trade discover products to consumers. It is important to mention that assessing a companys emulousness on the technology market from a demand side should give much charge to user specification. It is for this reason that in the selection of its human resource base, Apple Inc. ensures that it is only the best employees who can predict and forecast the market from a user-based positioning and create technology based hardware and software that meet the demands of users. Anformer(a) important resource that Apple Inc. has for years used in gaining combativeness and frame important in competing is financial resources. The computer hardware and software industry has been desc ribed as one of the most capital intensive industries in the world. This is because of the unfaltering changing nature of the industry, where on a rapid basis, the trend of user demands pitch. As these demand changes happen, companies in the industry have been obliged to also change their marketing mix and manufacturing strategies to ensuring that they bewilder the preferred destination for consumers seeking change (Hannah and Peter, 2013). In such a situation, competition becomes almost impossible in the absence of sufficient funds to compete. For Apple Inc. there remains the need for rapid capital injection so as to compete because most of its competitors continue to become financially viable and strong on the competitive market. In the creation of strategic options for its financial needs, it is strongly recommended that the company undertakes key financial...This is because out of the numerous strategic options, the companies become equipped with the selection of the most pr eferred and suitable choices that best respond to the dictates of the market in which they find themselves. In todays competitive market, specifically for the computer hardware industry, the need and use of technology in the creation of strategic options has become necessary and relevant than ever before. This is because the computer hardware industry is by nature a technology based industry that has so much responsiveness in the demand side of the technology market. This constitution shall therefore explore how Apple Inc. as a player in the computer hardware and software industry has used technology to alter the competitive dynamics of its market space. Resources needed to compete Sampler (2013) identifies three major dimensions of IT progress, out of which is the reach dimension. As far as reach is concerned, three other dimensions can be found, which are user experience, connectivity and commerce. The selection of various options has however been done with particular focus and a ttention to what prevails with competitors. This is because consumers of products and services offered by the company play along becoming inclined with the choices of products and services they want.