Apple, Inc. launched its first iPhone on January 9, 2007. As of 2021, iPhone has accounted for more than 50% of market share in the United States and around 25% globally. In order to understand the company’s strategic management in the smartphone product line, please answer the following questions: What are the innovation processes? Please define the five processes of innovation and explain how these processes are applied to iPhone. When expanding to global markets, what international strategy did Apple implement? Use Integrated Responsiveness Framework to support your argument

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Apple, Inc. launched its first iPhone on January 9, 2007. As of 2021, iPhone has accounted for more than 50% of market share in the United States and around 25% globally. In order to understand the company’s strategic management in the smartphone product line, please answer the following questions:

  1. What are the innovation processes? Please define the five processes of innovation and explain how these processes are applied to iPhone.
  2. When expanding to global markets, what international strategy did Apple implement? Use Integrated Responsiveness Framework to support your argument
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