Internal & External Factors Supporting Apple Objectives To understand Internal and External Factors, we must first look at Apple’s Objectives. It’s Objectives are “providing the best user experience through innovative hardware, software, services, and positioning itself as a leader in technology and design” (Google AI, 2025a). The following Internal and External Factors support the organizations…
Market Structures There are four major market structures Perfect competition, Monopolistic Competition, Monopolies, and Oligopolies. First, we will talk about how and why monopolies and monopolistic competition create market inefficiencies and what those are. Secondly, illustrates how an oligopolistic market sets its prices. Lastly, Explain the chart of Different market structures and how each of…
Production, Entry, & Exit In this section, we will discuss decision-making regarding whether to enter a market, how business owners apply the concept of marginal cost to decide how much to produce, and Fixed costs changing production decisions in the short and long run using the ATC Model Figure 3.1. When I imagine owning a…
Common Sense Things: Every Business Owner and Marketer Should Know 
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