IT’s Role in Micro and Macroeconomics: Transformations and Future Trends

Introduction: Concerning the IT Industry: The Things One Needs to Know

It goes without saying that informational technologies, or IT, have become one of the leading industries in the world over the past few years. The given report focuses on the IT industry, namely, its role in the modern world, the most recent developments and the effects which they have had on the IT, as well as one of the world’s largest companies which operate in the sphere of IT. Learning more about the industry specifics, one can see the trends in the current market development.

Six relevant developments in macro-environment: the recent breakthroughs

First of all, some of the most prominent developments and inventions in the IT-sphere must be mentioned. Thus, one can have a view of the current state of affairs within the IT-sphere.

To start with, such an important issue as the increase of the size in data mining must be mentioned.

Another peculiar research that has recently been boosted is developing computer security.

Application software is getting increasingly important for most specialists in IT at present.

In addition, such a phenomenon as grid computing is currently being developed.

The possibilities that quantum computer, a recent achievement in the IT-sphere, opens for the humankind is truly impossible to embrace.

The last, but nonetheless important is the development of the local area network, which can possibly reinvent people’s perception of how IT works.

Giving Credit to the Entrepreneurship: the Company That Could

One of the most prominent companies in the sphere of IT, Apple Co. deserves being mentioned along with its numerous achievements. Despite the recent tragic death of the head of the company, Steve Jobs, who was also the source of the company’s most successful and incredible ideas (Gillam, 2008, p. 49), Apple still manages to stay at the helm of the IT-sphere.

Six relevant developments in micro-environment: brand recognition

To illustrate the achievements of the company, several developments in its micro-environment must be mentioned.

Over the past few months, the company has settled the patent issue with the HTC Corps (APPL.O, 2012).

Another change is not as good for the Apple Company as the previous one, unfortunately; according to APPL.O, the company is being sued by VirnetX (APPL.O, 2012).

It is also quite essential that Apple Corp still continues competing with Google and Microsoft corporations – and, one must admit, often wins (APPL.O, 2012).

However, it was rather upsetting for the company that it has lost its tablet copyright appeal against Samsung.

Another development in the Apple Company concerns the cash dividend for common stock, which Apple promised to make payable on November 15, 2012.

III. Checking the Positive and the Negative Outcomes: Developments and Their Effect

It seems that the company y is on the right track of development. Though losing a couple of cases, they still manage to produce wonderful ideas and stay competitive. However, the fact that Apple sells its stock shares can seem quite upsetting.

Organizational Chart and Strategic Business Units: Spread Before Eyes

To understand the ins and outs of the Apple Corporation development, an organizational chart is required. Below, the key strategic business units of Apple Corporation are mentioned.

Organizational Chart and Strategic Business Units: Spread Before Eyes.

Reference List

APPL.O 2012, Apple Inc declares cash dividend.

APPL.O 2012, Apple Inc loses tablet copyright appeal against Samsung Electronics Co Ltd.

APPL.O 2012, HTC Corps shares jump after settles patent issues with Apple Inc.

APPL.O 2012, Sharp corp in talks with Apple Inc., Google Inc And Microsoft Corp on LCD panel alliances-DJ.

APPL.O 2012, VirnetX holding corp files new lawsuit against Apple Inc.

Gillam, S 2008, Steve Jobs: Apple & IPod wizard, ABDO, Washington, DC.

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StudyCorgi. (2020) 'IT’s Role in Micro and Macroeconomics: Transformations and Future Trends'. 11 May.

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StudyCorgi. "IT’s Role in Micro and Macroeconomics: Transformations and Future Trends." May 11, 2020. https://studycorgi.com/it-in-the-world-of-micro-and-macroeconomics/.

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StudyCorgi. 2020. "IT’s Role in Micro and Macroeconomics: Transformations and Future Trends." May 11, 2020. https://studycorgi.com/it-in-the-world-of-micro-and-macroeconomics/.

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