statistical calculations of the company apple

STATISTICAL CALCULATIONS OF THE COMPANY APPLE HOW TO

Overall, these models are useful in understanding benchmarking concepts. For example, some companies use monthly output quality targets as the main indicator for undertaking performance measurement processes, while others advocate for the use of financial performance indicators as grounds for undertaking this activity (Brown et al., 2019 Van der Hoek et al., 2018).

STATISTICAL CALCULATIONS OF THE COMPANY APPLE HOW TO

Researchers claim that performance management helps to identify operational problems, thereby giving managers adequate room to plan on how to address them (Lee, 2019 Na-Nan et al., 2017).ĭifferent organizations have employed varied models of performance measurement. These processes may be developed and implemented formally or informally, depending on an organization’s culture, management style or industry involved (Van Veldhoven et al., 2017). Performance management systems refer to processes and procedures developed by an organization to ensure its processes remain within relevant scope guidelines and criteria of assessment. Concept, Models and Importance of Performance Management Systems (PMS) In Firms This section of the paper addresses key concepts models and procedures associated with performance management and benchmarking for both Apple and Huawei. In this paper, Huawei’s performance will be benchmarked against that of Apple Inc., subject to their financial and non-financial outcomes.

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Summary of Huawei business activities and product tree (Adapted from Huawei Ltd., 2020). Table 3 below summarises Huawei’s business activities and products. In line with this goal, the firm has shown intentions to build intelligence networks and sustain bandwidth expansion to better augment its clients’ needs with new technological capabilities developed in the industry (Tao & Cremer, 2016 Marr, 2019). To achieve this goal, its core strategy is to invest in advancing artificial intelligence (AI) technologies to better adapt its customers with advancements in mobile phone technologies (Marr, 2019 Lysne, 2018). Huawei is a Chinese smartphone company whose mission is to connect people, individuals and homes to integrated technology through ultra-fast broadband connections (Huang, 2019 Ceylan, 2016). Apple: Summary of business activities and product tree (Adapted from Apple Inc., 2020). Table 2 below summarises the company’s business activities and product tree. To actualise this goal, the organization relies on four key processes focused on improving user experiences, enhancing people’s lives, empowering the public through innovation to make new products and developing top-quality gadgets. In line with this objective, Apple believes in adopting simple strategies of creating the strongest impact on the market as opposed to employing complex plans that would detract it from focusing on projects that matter (Fleisher & Bensoussan, 2015). The organization’s vision is to be a “technological invention leader” but its mission statement is aimed “bringing the best user experience to its customers through its innovative hardware, software, and services” (Giachetti, 2017, p. Started in 1971, the firm has positioned itself as a leading technology enterprise with expertise in computer software, electronics and online service development (Dascano, 2018). Historical Background AppleĪpple is a consumer electronics company that designs, manufactures and markets consumer electronic products and software. Company logos and addresses (Adapted from Leo Printing, 2017). Table 1 below shows the company logos and addresses.

Characterised by fast-paced innovations, this tenet of the telecommunications industry has grown to become a multibillion-dollar sector with Apple and Huawei being some of the most active brands in the field (Green et al., 2018 Segers, 2016 Wang & Bai, 2019). The smartphone industry is one of the most vibrant subsectors of the information communication technology (ICT) field.

Statistical calculations of the company apple