Apple Inc., a Fortune 500 technology giant, is known for its iconic products such as...
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Accounting
Apple Inc., a Fortune 500 technology giant, is known for its iconic products such as the iPhone, MacBooks, and iPads. Apple Inc. undoubtedly has a complex supply chain and manufacturing process. Considering this :
1- how do you think Apple manages its variable and fixed costs?
2- What strategies do you think Apple employs to control its variable and fixed costs in order to maintain its market leadership and profitability?
3- Can you identify specific variable costs that Apple might face in the production of its devices? How do these costs fluctuate with changes in production levels or product mix?
4- On the other hand, what are some of the fixed costs that Apple has to incur regularly? How might these fixed costs impact the company's profitability, especially during times of economic uncertainty or product transitions?
5- How does Apple manage its fixed costs, including facilities, research and development, and marketing expenses, to ensure long-term sustainability and competitive advantage
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