Tuesday, August 13, 2019

The Impact of Sustainability on Apple Incorporated Assignment

The Impact of Sustainability on Apple Incorporated - Assignment Example Sustainability is an integral part of an act that tries to create something better for the future. It is clear from this definition that sustainability is about sustaining or maintaining resources, wealth and any other human needs that will give security in times of needs and great demand. Sustainability, therefore, is about trying to create a well-defined future for each individual, organization or the entire country. For example, it is good to maintain biodiversity because it is through this that the balance of nature will be sustained. In the advent of global warming, part of the sustainability issue is to go for alternative energy sources that will emit fewer greenhouse gases. Thus, concerned countries are trying to make environmental policies that will address sustainability issues. In fact, some countries try to make use of biotechnology, and other alternative energy sources such as wind energy and solar energy that promise less amount of greenhouse gas emission. On the other h and, many companies are trying to involve in corporate social responsibility just to be able to sustain their market share and promote their company in a different but somehow effective way. It is therefore clear that financial aspect or economic consideration to save or generate revenue for the future is an integral part of economic sustainability. Every profit organization wants to be economically sustainable in order to continue operation. Based on the above examples, it is shown that sustainability is not just a process but it is a responsibility of each individual, an organization or the country in general. Aside from this, sustainability is a broad concept and its definition requires a full understanding of the different aspects underlying it. Particularly in this paper, the proponent tries to emphasize sustainability based on an economic perspective of a certain organization. That organization is renowned for its cutting-edge technology and substantially higher product qualit y. The company is Apple Incorporated. In the case of Apple Incorporated, economic sustainability issue is one of its important concerns. This is due to the fact that competition is everywhere and even getting fierce every day. Every organization tries to compete with the other and to the extent that formulations of strategic moves have become a must. This is evident in the case of Apple Incorporated and such move to compete is tantamount to its high regard on its company’s economic welfare. As much as possible, it has to gain a remarkable market share and be the leading service provider in its industry.

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