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How does apple benefit from comparative advantage

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Assignment

Explain why most Apple products are made outside the firm's home country, the United States.

What is comparative advantage?
How does Apple benefit from comparative advantage?
Describe the problems that Apple experienced with its supplier Foxconn.
What steps did Apple take to resolve the problems?
Your well-written paper should meet the following requirements:

• 4 pages in length

In text citation in each paragraph

Support your analysis by referencing and citing at least three scholarly sources in addition to embedding course material concepts and principles.

Verified Expert

Apple Inc. is a multinational technology which is situated in America. Steve Jobs founded the company along with others in the year 1976. The purpose of this paper is to understand about Apple and its products in the market. Apple iPhone screens are located in Japan and some parts are located in South Korea while its Screen ID screen is made in Taiwan by TSMC and Xintec. Apple Inc. uses the comparative advantage in China for the purpose of betterment and cost of production. Hon Hai Precision Industry, or Foxconn, is the main producer of Apple Inc.’s products as well as companies like Amazon, Dell, and Hewlett-Packard, Sony, Nokia, and others. Apple Inc, is one of the major technology companies that is expanding every year. Apple has a comparative advantage, which gives them an edge over other companies.

Reference no: EM131872733

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