Social Performance of Organizations Essay Example | Topics and Well Written Essays - 1000 words

Social Performance of Organizations - Essay Example Apple Inc. is an American based multinational company with its headquarters in Cupertino, California. The company performs in a highly competitive market and is engaged in the designing and selling of consumer electronic goods like iPod, iPhone, iPad. Apple Inc. provides products that are unique and has a great youth appeal. The focus remains on targeting the young population since the youth are more inclined towards social networking, music and entertainment. For its superb marketing techniques, Apple Inc. was awarded 2012 CMO Survey Award for Marketing Excellence (Moorman, 2012). In the world of business, there are many external factors that contribute towards the successful performance of a company. Government intervention in the form of laws and regulations has a strong impact on the operations and management of Apple Inc. For instance, the laws and policies set up by the UK government act as limitations and constraints in the manner in which companies market their products. There is Sales of Goods Act 1979 which states that products that will be sold in the market should be according to the specifications mentioned in promotional advertisements. For instance, Apple Inc. deals with electronic products like iPhone, iPad, smartphones, tablets, personal computers and so on. To gain market share over its competitors, Apple cannot exaggerate or promote features that do not exist in its products. Another law is Data Protection Act 1998 which enforces the rights of customers to protect their private information like address, contact number, age etc from unfair us e. For instance, a company must garner permission from customers before sending regular newsletters or future offers to them. Also, a company cannot store data of consumers longer than necessary. This is applicable for Apple Inc. since customers are purchasing products from them. The target customer base is another external factor that largely rules the performance level of