EXTERNAL REPORT ON APPLE / TUTORIALOUTLET DOT COM EXTERNAL REPORT ON APPLE / TUTORIALOUTLET DOT COM | Page 11

Demand and growth in the industry is high. The new innovative idea at a competitive price will get more attention. Assurance in this industry lies in the new innovative technology and next-generation technology. Many industries are dependent on this industry for their business development and promotion. Flexibility in the organization structure is essential to sustain in the market. Managing and retaining talent is an important key success factor. EXTERNAL REPORT ON APPLE, INC. 9 Evaluation of current strategies: Apple has a strong brand power and customer loyalty. Employee recognition is high in Apple. Dynamic capabilities of the company include their patents, operating efficiency, and the financial strength (Teece, 2013). Adaptability is a major capability of the company that enables them to gain great success in the competitive business environment. It clearly indicates that the resources, the capability of knowledge and the adaptability to the new technology made the company more reliable. Apple always focuses on providing unique and innovative product to the customer that will satisfy the various requirements of the people. Appleā€™s proactive understanding and