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Management
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Essay
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Topic:

Steve Jobs and Apple Inc. (Essay Sample)

Instructions:

MGMT 704 (001) MANAGEMENT AND LEADERSHIP
Fall 2022: 
Research and Case Analysis No. 2 (12%): Part B: Steve Jobs and Apple Inc.
Directions: Please use this Word document (and no other document of yours, and if you do so, it will be rejected instantly) and present your word-processed answers immediately below each of the questions asked. Be sure that you use font size 12 and print your submission with single-side printing and deliver it to me in person, in class, in Week No. 7: October 24 – 28, 2022, at the beginning of the class session.
Student name and number:
1. Please go Investor Relations of Apple Inc. and consult the 2020 Annual Report of Apple  Inc. (Form 10-K for FY ended September 26, 2020) and prepare a tabulation of Net sales ($B), Net income ($B) and Total cash, cash equivalents, and marketable securities ($B) based on the company’s financial statements for the FY’s 2020 – 2019 – 2018 – 2017 – 2016, in that order. Please also offer an informed comment on the last item in your tabulation, from the perspective of a graduate Business School student. (5 marks)
2. Further to question 1 above, please refer to the topic of Products and Services Performance for the FY 2020 and provide a tabulation of revenues by product category and the percentage of total revenues represented by each category. Any insight to be derived from these numbers? (2 marks)
3. Rana Foroohar, in her 2016 book entitled Makers and Takers, stated, “In the spring of 2013, Job’s successor as CEO of Apple Inc., Tim Cook, decided the company needed to borrow $17 billion”. Do you think that Steve Jobs would have done this? Do explain your answer fully. (3 marks)
4. Please make a careful study of Walter Isaacson’s Harvard Business Review article, entitled “The Real Leadership Lessons of Steve Jobs”, which has been uploaded on the course platform in eCentennial. Then, answer the following questions: (a) What specific leadership principle relates to the author’s statement that “Sometimes it’s nice to be in the hands of a control freak”? And be sure that you make it clear why you think that your answer is correct. (b) Which of the leadership principle(s) would best relate to corporate finance, to marketing, and to human resources management respectively? Please be sure that there is clarity and proper formatting of your answers. (5 marks)
5. Please review the pages 1 to 4 of the 2020 Annual Report. In business schools, we teach the topic of business strategy in great detail. What would you say is the business strategy of Apple Inc. in terms of the strict classification system of business strategies? Do explain your answer fully and clearly. (3 marks)
6. Please do some research on this 2022 book, After Steve, by Tripp Mickle. Please offer a full and clear statement of what you think is the thesis of the book, as put forward by the author. And, do you agree with the thesis put forward? Be sure that you indicate the source(s) for answer, fully referenced. (4 marks)
7. Offer a full and clear statement about your assessment of the value to you of Research and Case Analysis No. 2 (12%), Part A and Part B, on Steve Jobs and Apple Inc., now that you would soon be completing a graduate management program. (2 marks)

source..
Content:

CENTENNIAL COLLEGE
The Business School
MGMT 704 (001) MANAGEMENT AND LEADERSHIP
Fall 2022: Professor Jai Goolsarran
Research and Case Analysis No. 2 (12%): Part B: Steve Jobs and Apple Inc.
Directions: Please use this Word document (and no other document of yours, and if you do so, it will be rejected instantly) and present your word-processed answers immediately below each of the questions asked. Be sure that you use font size 12 and print your submission with single-side printing and deliver it to me in person, in class, in Week No. 7: October 24 – 28, 2022, at the beginning of the class session.
Student name and number:
1. Please go Investor Relations of Apple Inc. and consult the 2020 Annual Report of Apple Inc. (Form 10-K for FY ended September 26, 2020) and prepare a tabulation of Net sales ($B), Net income ($B) and Total cash, cash equivalents, and marketable securities ($B) based on the company’s financial statements for the FY’s 2020 – 2019 – 2018 – 2017 – 2016, in that order. Please also offer an informed comment on the last item in your tabulation, from the perspective of a graduate Business School student. (5 marks)
Fiscal Year

2020

2019

2018

2017

2016

Net sales ($B)

274.515

260.174

265.595

229.234

215.639

Net income ($B)

57.411

55.256

59.531

48.351

45.687

Total cash, cash equivalents and marketable securities ($B)

191.830

205.898

237.100

268.895

237.585

The cash and cash equivalents section of a balance sheet reflects a company's financial position. It's a simple and effective way to deal with short-term debt without resorting to borrowing. However, it is useful in judging a company's liquidity or capacity to pay bills and reduce debt by selling off assets. Since investments generate returns and, ultimately, profits, they are favoured over keeping cash in hand. In order to maximize the projected return on assets and common stock, a company should invest as little as possible in cash and marketable securities since these asset classes often provide poor returns compared to the rest of the company's holdings. This requires sound management in accordance with the generally accepted maxim that enterprises ought to have a cash reserve equivalent to three to six months of operational costs. However, there are a variety of variables that might affect this number, including the business's industry, its current stage of development, its objectives, and its availability of capital.
2. Further to question 1 above, please refer to the topic of Products and Services
Performance for the FY 2020 and provide a tabulation of revenues by product category
and the percentage of total revenues represented by each category. Any insight to be
derived from these numbers? (2 marks)

...
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