Using Technology to Create Strategic Options Essay

Using Technology to Create Strategic Options - Essay Examplee human imaging of the phoner, the company survives the aspiration it is presented with because it gets people who atomic number 50 rightly produce or create computer ironware and software that matches the experiences of users, connect users to the company, and trade out products to consumers. It is most(prenominal)-valuable to mention that assessing a companys competitiveness on the technology market from a demand side should give much concern 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 expect and forecast the market from a user- ground perspective and create technology based hardware and software that spiel the demands of users. Another important resource that Apple Inc. has for years used in gaining competitiveness and remains important in competing is financial resources. The computer hardware and software diligence has been described as one of the most capital intensive industries in the world. This is because of the fast changing nature of the industry, where on a rapid basis, the ignore of user demands change. As these demand changes happen, companies in the industry have been obliged to also change their trade mix and manufacturing strategies to ensuring that they become 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 rent 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 sel ection of the most preferred and adapted 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 needed 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 paper shall consequently 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 troika 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 parti cular focus and attention to what prevails with competitors. This is because consumers of products and services offered by the company keep becoming inclined with the choices of products and services they want.