Functional Area Interrelationships

Functional Area Interrelationships

Introduction

The main purpose of this paper is to discuss the functional area interrelationships of a company. The paper analyzes the organizational structure of the company and the use of lateral collaboration and vertical collaboration. The paper also discusses the collaboration steps taken by the company along with the different action plans. Along with this, the paper is an analysis on the key stakeholders of the company and the role of the stakeholders in organizational success. The company which has been chosen for this paper is Apple Inc.

Company Overview

Apple Inc. has been involved in the business of manufacturing, selling and producing the computer hardware and software. Today, Apple Inc. is considered to be the leader in the technology industry and has gained competitive advantage due to its effective strategies. The company is running its operations in more than 25 countries with success. Apple Inc. is operating its business in a very competitive environment. The new companies are entering into the market and the old companies are also launching new products and services which is a biggest threat for Apple Inc. The electronic industry is very competitive and it is very necessary for the companies operating in it that they should develop the effective strategies which could be helpful for them in gaining the competitive edge.

Mission

The mission of Apple Inc. is committed to bring the exceptional personal computing experience for the creative professionals, students, consumers and educations throughout the world with the use of its software, hardware and other internet offerings.

Vision

The vision statement of Apple Inc. is the clear reflection of the long-term goals of the company. The vision of Apple mainly reflects its commitment to innovate the latest computing and learning experiences to consumers with the use of thorough research and by innovating and launching new products to satisfy the needs of the target market. The vision of Apple Inc. is destined to become the leading manufacturing and designing electronic devices company around the globe.

Values

The values of Apple are the principles, qualities, standards and customs that can help the company in providing success to its employees, The values of Apple Inc. are the best reflection that Apple is working as a unique company. Apple has set the high quality standards so that the customers of Apple Inc. could be satisfied.

Goals

Given below are the main goals pursued by Apple Inc. to achieve its mission and vision.

The target sales of $1.7 million by the end of December 2012.

An expected net profit of 12% by the end of the year.

To become the number one technology house within 5 years.

Key Positions Supporting the organizational structure

The organizational structure of Apple Inc. was mainly based on giving the decision making authority to the people in field. The CEO -------.> employees is the simple organizational structure followed by Apple Inc. Apple has been continuously changing its organizational structure since past few years. The company has achieved a fast growth in past few years; therefore, the company has decided to ...