Case study examining a firm in the US from a microeconomic standpoing Research Paper

Case study examining a firm in the US from a microeconomic standpoing - Research Paper Example Apple operates in both oligopoly and monopolistic conditions. Apple Inc. is American technological company with headquarters in Cupertino, California. Apple is a huge, tremendous corporation that is the business of design and selling smartphones and computers. Apple is also a strong competitor in the business of offering online services. The company was founded in 1976. The three founders of Apple are Steve Jobs, Ronald Wayne, and Steve Wozniak. The company became Apple Computer Inc. in 1977. The name was changed to Apple Inc. in 2007. Currently, Apple is the second largest information technology based on revenue earned. It is bettered by Samsung Electronics, which holds number one position. The company employs 72,800 employees who are permanent and work full time. It has 425 retail stores that are found in over fourteen countries. Moreover, the company is responsible for operating its online businesses, which are Apple and ITunes stores. The company enjoys brand loyalty and high revenues. The paper examines Apple Inc. from a macroeconomic perspective. Supply and Demand have a direct influence on business operations. Supply affects the amount of products in the market, which will eventually affect the price of products. Price increase with a decrease in demand.. Demand refers to the desire of consumers to obtain a service or product. The interplay of supply demand leads to the price elasticity, which explains how changes in price affect demand for products and services. Apple is a multinational company, which means United States and global economic conditions affect its operations. It is obvious Apple is affected by the dynamics of supply and demand, which are at the center of all markets. Apple Inc. has been affected by increase in the number of people who have use computers and smartphones. The increased demand for smartphones and computers is due to the need for growth. In response, the company has been able to register

INTRODUCTION TO WESTERN PHILOSOPHY Essay Example | Topics and Well Written Essays - 1500 words - 1

INTRODUCTION TO WESTERN PHILOSOPHY - Essay Example Furthermore, it tells us that knowledge is acquired through the exercise of reason, understood as a faculty that can operate independently, in whole or in part, of a posteriori evidence. One of the elements which is most central to Nietzsche’s philosophy is illustrated in his famous declaration that, â€Å"God is Dead!† (Cahn 1227) This affirms a complete rejection of metaphysical, moral, and religious truths as grounds for reality. Unlike the Socratic philosophical canon, Nietzsche contends that the spiritual dimension is illusory. To Nietzsche, the existence of God, religion, morality, ethics, free will, freedom, and laws are mistakes for they are nothing but imaginary causes, an imaginary psychology. In his view, such things are nothing but mere projections of one’s psychological desire for security and calculability in life. In addition, it presupposes a denial of universal morality as the basis for human conduct. Nietzsche believed that once the existence of God is unveiled as an illusion, then it follows that God can no longer be implemented as the foundation for human ethical conducts. This leads to the assertion that all inquiries, dispositions and morals will be founded on the subjective will of individual self. Thus, unlike the Socratic philosophical canon, Nietzsche affirmed the individual self as the basis of all inquires and norms. This is Nietzsche’s theory of the will to power. Nietzsche’s (Cahn 1241) will to power is defined as the drive to dominate the environment. This drive, so central is the Will to Power. This Will to Power is more than simply the will to survive. It is, rather, an inner drive to express a vigorous affirmation of all a person’s powers. In doing so, the individual shall not only reaffirm his or her own subjective standards but moreover, they will gradually reach the consciousness of the higher type of man, the Ubermensch or Superman. For Nietzsche, the temperament of the Superman sha ll enable individuals to revitalize faith in their creative powers and this earthly existence. However, Nietzsche declares that not all people can attain the awareness of this superior type of individual. He claims that only those who excel in their mental and physical constitutions can procure the temperament of the Superman. He insists that the superman must have complete freedom, i.e. that one should not decide to practice a certain code of ethics, for the will to power will gradually decline. By this, the individual weakens and suffers. To explicate further, Nietzsche accused Christianity for advocating virtues that undermine and destabilize one’s will to power. Here, Nietzsche presents his doctrine of the two-fold history of good and evil. This doctrine reveals that there exists two types of morality, i.e. master morality and slave morality. For Nietzsche, master morality is one that is built on the will to power. He is one who considers that which is good = Powerful; ba d = Weakness. Also, he is one who practices generosity, not out of pity but out of excess. Those who practice this type of morality are the elite and noble men, meaning those who determine their morals according to their own personal standards. On the other hand, slave morality is that, which is