Business Ethics: Apple Apple today is continuing to be a leader in the technological field, with its new innovations of various electronics, along with its ability to make other competitors want to follow in their shoes. With over 408 retail stores in 14 different countries, a company this large is forced to have certain morals and social responsibilities in order to make sure they are functioning as a whole and achieving that one common goal specified by the corporation (Forbes.com). Apple’s ethics recently though have came into question, through the attacks that they are facing regarding work within Chinese factories to produce their products and the child labor laws that they are breaking to make that one iPhone or MacBook. Though, one might argue that Apple has a stronger bond and promise with its consumers because they are the ones providing the profit rather than those that they employ within the manufacturing Countries of their products like China. I believe though that treating each person with respect and acting ethical has its advantages in the long run even if that iPhone they are making might be made in six hours instead of four. In addition, the government has began to crack down on social responsibilities of corporations, helping with societies overall perception of large corporations, such as Apple, promoting the idea that there is more to business than just making a profit and being at the top of your industry. The ethical issues at hand that I will be investigating at Apple are the attacks that they are facing in their factories in China regarding child labor laws, along with the tax violations that are occurring within European countries. Not only in Apple are we seeing labor laws being broken in order to guarantee production of a product and cheap labor, but also in Victoria Secret and Nestle. Apple being hit with allegations of having ethical issues is mainly because of their reliance on children to produce the products in Chinese factories. In February, Apple even announced that they found 91 children working at their suppliers in 2012, which is even an increase from the previous year (Huffington Post). The only good out of this was Apple did express responsibility for these actions and acknowledged that they in fact hadn’t been complying with their own companies working code. This issue is interesting because it focuses on the differences between countries and their child labor laws, with the U.S. having specific rules that must be followed when someone under the age of 18 is working (Labor Laws Wikipedia). Where as, China’s labor laws are less strict compared to those in the U.S. due to not enough enforcement by the Government to make workplaces obey them, because without young Chinese labor you wouldn’t see many products on the shelves of stores. In result, China and other countries are forced to break the labor laws in order to make sure they are breaking-even and staying a-float as a business. In addition, it is said that more than half of the suppliers audited by Apple have broken at least one part of the code of conduct since 2007 and if someone were to observe how and where their iPhone came from one would be disturbed. They would most likely see an 11 to 13 year old Chinese male or female working in the factory and working over 40 hours a week, well over the hour limits of the Chinese labor law. According to Mr. Van Heerden, the president of the FLA, he stated that “if you are a 16-year-old girl in a developing country, your best chance of enjoying proper rights is if you get to work at a multinational company”. He also says “the power of their contract is more powerful than the power of law”. This touches on how big corporations have difficulties maintaining their standards particularly in an increasingly global environment. This is mainly because over 8,000 people apply to work in the factories due to not getting the proper education they need in order to have higher paying jobs; in result,
Professor Peter Sebhatu
1. No. The ability to act with rectitude, to refer their policies and plans to a culture of ethics that embraces the most fundamental moral principles of humankind, which serves to legitimize the maximization of shareholder wealth.
2. Yes. These resources may be both tangible and intangible. Shareholders, for ex- ample, supply capital; suppliers offer material resources or intangible knowledge; employees…
Business ethics is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. The economy these days is at a low point for many consumers in United States. Due to the economy, prices are getting higher, many people’s…
HEADER: BUSINESS ETHICS
PHI 208: Ethics and Moral Reasoning
Instructor John Ludes
June 16, 2014
BUSINESS ETHICS 2
In this paper we will be discussing how businesses and management should and do show superior business ethics in doing what is right for the company as well as the employees. The reason for there to be business ethics, is to choose and know what is right and what is wrong in the business and with…
How Can Ethics Play an Important Role in Cost and Price Analysis?
LaKisha K. Collins-Mitchell
Salesmanship/ MRKT 350
July 14, 2013
Professor Aimee McKinney
How can ethics play an important role in cost and price analysis? How can you make sure that what you are doing is ethical? “Business ethics compromise principles and standards that guide behavior in the world of business” (Manning, Ahearne, & Reece, 2012). A company will have a better success rate, if every employee practices…
Code of Business Conduct and Ethics Introduction
The TSYS Code of Business Conduct and Ethics (the "Code") covers a wide range of business practices and procedures within a corporation .While it does not cover every issue that may arise, this Code outlines basic principles to guide all employees and officers of the Company and its majority-owned subsidiaries ("team members"). In addition, all members of the Company's Board of Directors and members of the boards…
social responsibility of Friedman (1970) may have generated provocative and academic debate, but the reality of business ethics has been the inclusion of stakeholders, responding to sustainability issues, aligning ethics with human rights and proactively pursuing policies friendly to sustainability to build their trade names.
Berle and Means (1932) mentioned the stakeholder in business literature as early as in 1932 and need for a greater transparency and accountability after The Great Depression…
This essay is to generally discuss how ethical theories provide guides in valuing human being’s behaviours to be ethically good or bad. We also have a look in different ethical theories to see why they are incompatible. The ethical theories include Utilitarianism, Kantian moral theory, virtue ethics and rights theory. Drawing on two of the theories, we will outline their positions and critically discuss the claim in a business situation…
Introduction to Business Ethics and Social Responsibility chapter 1
What is business ethics?
What is social responsibility?
Ethics versus the law
the collection of private, commercially oriented organization, ranging in size from one person proprietorship, to corporate giants such as Nortel coca cola, pepsi etc.
A community, a nation or a broad grouping of people having common traditions, value, institutions, and collective activities and interests…
Business Research Ethics: Job Satisfaction Research
Business Research Ethics: Job Satisfaction Research
The Pharmaceutical Manufacturing Industry is among one of the most dynamic industries in the world. The products they produce touch almost every one of our lives. These products require a tremendous skill base to maintain operations to a level that satisfies all of the quality, volumes, and responsiveness that society needs, and at the times required. As a result, many…
Business ethics is a very broad term and widely used throughout the world. The term “business ethics” first started to be used in the United States in the early 1970’s as businesses were growing bigger and more powerful. Business ethics are guidelines or behaviors that businesses and individuals use daily to deal with world situations they might find themselves in. Race, gender, age and religion all play a role in business ethics. The most important factor in a person’s…