Prepare a report on PEST analysis for Apple. look at how various micro Assignment

Prepare a report on PEST analysis for apple. look at how various little and macro factors are affecting your chosen company - Assignment Exampleglobalisation, which involves the integration of economies into the international economy through capital flows, foreign direct investment, and trade. This, in turn, results in the spread of cultures and technology and improvement in life-style and affluence.Apple is able to make use of the cheap labour and growing markets in the freshly developing nations like India, which were once considered poor. In the opinion of Schifferes (2007), Apple has become a virtual firm by shifting its production units to countries like china in Asia through outsourcing. In an effort to reduce its operating costs, the company has spread its product manufacturing to states like Korea, Ireland, China, and Czech Republic. In addition, there are suppliers from Canada, Germany, France, Taiwan, Japan, Mexico, and brazil (Apple Inc. 2014).In addition, there is a thirty-fold increase in the world trade since 1950s as a result of this globalisation (WTO, 2007). According to reports, Apple depends on countries other than America for about 58% of its total sales (Kane & Rohwedder 2010). Thus, globalisation has a positive effect on the companys performance.Apple benefits from the neo life style because the company has managed to present itself as a lifestyle brand (Saviolo & Marazza 2012). As Roumeliotis (2014) identifies, a lifestyle brand touches a number of horny factors, ranging from social status, self-esteem and desires. By creating such an image, Apple is now able to reap profit from the increasing number of tech-savvy youth who consider the possession of an Apple iPod and headphone as an important element of modern lifestyle. As Apple has a significant role in online music market and cyberspace, the modern lifestyle is well-suited for the companys growth. (Apples branding strategy 2012).Technological factors are the biggest challenge for the company. Firstly, though the company leads the hardware sector by introducing new ideas both time, like mouse, 3.5 inch