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Overview of the Market Failure - Literature review Example
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Apple is a notoriously secretive business. While there are still aspects of the way that Apple works that are shrouded in secrecy — you can get a good idea of the overall high level process. How do you give designers the freedom to design and ensure that the products they produce fulfil their visions? Well at Apple they put design at the forefront. Jony Ive — the British designer that is the Chief Design Officer CDO at Apple— and his design team lead the company and they do not report to finance, manufacturing, etc. They are given free rein to set their own budgets and are given the ability to ignore manufacturing practicalities. At the heart of the design department is the Industrial Design Studio where only a select few Apple employees have access.
The Business Failure Process. An Integrative Model of the Literature
Executives can dramatically increase their odds of success, the authors argue, if they understand how to select targets, how much to pay for them, and whether and how to integrate them. The most common reasons for making an acquisition include holding on to a premium position or cutting costs. CEOs, who are often unrealistic about the performance boost from such acquisitions, must be sure not to pay too much for them. Because the business models with the most transformative potential are often disruptive, they can be difficult to evaluate, and CEOs often believe that such acquisitions are overpriced. In fact, however, those are the ones that can pay off spectacularly.
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