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ACTIVITY 2 : Analyze the benefits enjoyed by a  nation in the global trade market.LIST YOUR FINDINGS WITH QUOTED LINES

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ACTIVITY 2 : Analyze the benefits enjoyed by a  nation in the global trade market.LIST YOUR FINDINGS WITH QUOTED LINES

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Activity 2

"Commitment to leveraging economies of scale" - Economies of scale.

"Source raw materials from various countries, and its focus in talent acquisition globally" - Access to resources, Raw materials and talent.

"Result of collaboration with international suppliers "- Economies of scale.

"Manufacturing operations in multiple countries, including China and Brazil, Apple achieved significant cost reduction" - access to large consumer base and economies of scale.

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ACTIVITY 3: Evaluate the advantages experienced  by multinational corporations from international trade. LIST YOUR FINDINGS WITH QUOTED LINES

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ACTIVITY 3: Evaluate the advantages experienced  by multinational corporations from international trade. LIST YOUR FINDINGS WITH QUOTED LINES

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ACTIVITY 4: Research and submit your Findings regarding India’s foreign trade benefits from the global market.

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ACTIVITY 4: Research and submit your Findings regarding India’s foreign trade benefits from the global market.

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Market expansion- “In 2010, Apple Inc., led by then-CEO Steve Jobs, embarked on an ambitious international expansion strategy. The introduction of the iPhone 4 in 2010 and subsequent models, such as the iPhone 4S and iPhone 5, marked Apple's penetration into emerging markets like China and India. By 2012, Apple's revenue from international sales had surged, accounting for over 60% of the company's total revenue.”

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As APPLE EXPANDED IT LED TO ( IMPROVISED BUSINESS VISION ) AND HELPED THE FIRM TO EXTEND ITS BRANCHES TO VARIOUS COUNTRY BECOMING AN MNC .

HIGHER PROFITS - AS THEIR BASE IS AMONG VARIOUS COUNTRIES IN THE WORLD THEY ARE ABLE TO MAKE LARGE PROFOT UPTO THEIR COST INTO MAKING THE PRODUCTS .

THIS IS DUE TO THE BRAND LOYALTY AND THE CUSTOMER SATISFACTIONS.

INCREASED PRODUCTION PROFICIENCY- DUE TI AVAILABLE FUNDS AND EXPANDED COMPANY APPLE HAS A LARGE PRODUCTION CAPABILITY THAT FURTHER HELPS IT TO MAKE HIGHER SUPPLIES AND PROFITS .

INCREASED GROWTH - DUE TO THE HIGHER SALES OF THEIR PRODUCTS THE COMPANY STARTED TI GROW MORE AND MORE OVER THE YEARS AND THUS LED TO GROWTH AT A FASTER PACE .

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Economic Growth:

"Participation in global trade allows nations to tap into larger markets, fostering economic growth. Increased exports can stimulate domestic industries and drive overall economic expansion."

"International trade enables nations to specialize in the production of goods and services in which they have a comparative advantage, leading to more efficient resource allocation and economic efficiency."

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1. "Apple's diversified global presence proved beneficial, as the economic downturn in Europe was offset by robust sales in the Asia-Pacific region" - this shows apples risk diversification methods

2. "Apple's emphasis on a diversified supply chain ensured access to essential resources sourced from various countries, contributing to product innovation and supply chain resilience." - this shows apples export and import strategies and their strategy to acquire their resources through specific and diverse channels.

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Case Study: Apple Inc.'s Global Success (2010-2022) -Fadil

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Case Study: Apple Inc.'s Global Success (2010-2022) -Fadil

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Case Study: Apple Inc.'s Global Success (2010-2022)

"The introduction of the iPhone 7 in 2016 and subsequent models showcased Apple's commitment to leveraging economies of scale. With manufacturing operations in multiple countries, including China and Brazil, Apple achieved significant cost reductions through increased production efficiency. By 2018, the company's gross profit margin had expanded to 38%, reflecting the positive impact of global scale on production costs."

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Market expansion- "In 2010, Apple

Inc., led by then-CEO Steve Jobs,

embarked on an ambitious

international expansion strategy.

The introduction of the iPhone 4 ir

2010 and subsequent models,

such as the iPhone 4S and iPhone

5, marked Apple's penetration into

emerging markets like China and

India.

Diversification-"From 2000 to

2010, Germany experienced an

annual GDP growth rate of around

2%, propelled by expanding

markets and increased foreign

investment. The country's

automotive sector, including

industry giants like Volkswagen

and BMW, played a crucial role in

driving export growth."

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"In 2022, Apple continued its global pursuit of innovation. The introduction of the iPhone 13 showcased advancements in technology, including 5G capabilities and enhanced processing power. Apple's collaboration with international research institutions and strategic acquisitions facilitated the transfer of knowledge, fostering ongoing innovation"-Due to apple's global reach and economies of scale and acquisitions in diverse regions it was able to bring 5g at a lower cost than any player in the market which led to apple's net cost being 10% lower than the previous generations

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“This case study showcases how Germany's strategic approach to international business, spanning different leaders and collaborations with various countries, has contributed to its economic success and global influence”

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CEO Tim cooks emphasis on a diversified supply chain ensured access to essential resources. Apple sourced raw materials from various countries.

By 2021, Apple's supply chain resilience was evident, with a 10% increase in net income compared to the previous year.

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CULTURAL EXCHANGE:

"International trade promotes cultural exchange by allowing nations to share their unique products, art, and traditions with the world. This exchange contributes to a more interconnected and culturally rich global community."

"The import and export of cultural goods and services create opportunities for people to experience and appreciate diverse perspectives, fostering a sense of global unity."

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1. Market Expansion

Access To larger customer base- international business allow firms to tap into larger markets reaching diversity and increase sales

2. Diversification

Risk Management-

Operating in multiple countries helps firms diversify their risks.

3. Access to resources

Raw materials and talent-

International operations provide access to diverse resources, including raw materials and skilled labor, which may not be readily available in the home count

4. Economies of scale

Cost reduction- Expanding operations globally often leads to economies of scale, reducing production costs through increased efficiency