Title: Apple Inc., and their success with Sustainability, Ethics, Leadership, Corporate Social Responsibility and Triple Bottom Line reporting and Globalization.
I. Addressing the needs of its employees. Meeting the needs of the employees and maintaining a profit margin.
APPLE priorities health to assure a presentable employee who will create a relationship with the customers assuring them a comfortable work environment and addressing their needs. For example, they are offered with health insurances such as health, dental, and optical insurances.
APPLE offers a 401k plan that consists of 14 funds offering the best way to save money in a taxable way. Also, APPLE matches up to a 6% of an employee’s eligible pay, benefiting them with a considerable and reasonable amount assigned to their responabilities and their duties, not to mention that they are granted with different options of receiving such amounts such as direct deposits and checks.
Apple profit margin was last updated September 2016 at a 19.24% increasing considerably from previous month which was had the poorest performance in the past 5 years as charts demonstrate blaming this occurrence due to the holiday seasons and major factors that contribute to their profit such as the release of new products.
II. Meets sustainability standards. Are there any ethical consideration?
Apple is committed to maintaining the highest standards, for both environmental responsibility and ethical conducts. They follow strict
Since 1976 Apple’s innovation has helped the company become a market leader in computer and mobile electronics. Through this time the company has faced a number of challenges either it be an internal power struggles or criticism from the media for certain aspects of their business model. This report covers five different issues that the company is facing or may face in the future.
Their short term objectives would be increasing sales. The vision would centre around employee co-ownership with the happiness of partners as the ultimate purpose. The mission is the satisfaction of employees. Finally, the value would be to represent the best possible choice, as a result of providing the best quality, trust and customer service.
employees to keep up with the sales leading to job opportunities or else that company will lose its customers.
Apple is one of the most valuable brands in the world. The company has strong brand loyalty, impressive revenue growth and superior innovations in technology. There are many aspects of the company that contribute to Apples success. One of the most important aspects is the company’s ethical decision making. Apple has a strong ethical code of conduct that represents the company as being ethical in all decisions being made. Despite Apples positive representation, the company has been faced with many ethical issues. Apple has been involved in many litigations ranging from a domain name dispute and patent infringement, to the use of refurbished products in their repairs. These unethical acts are risky for the company and can affect the company in negative ways. Another aspect that can affect the company is their competitiveness in the technology industry. This industry has many competitors that Apple has to compete with. However, Apple has been overly aggressive in protecting their property rights.
bottom line and controlling the risk of profit and loss. If Company Q would direct more focus to the
Apple is also trying to act socially responsible in the way in which it operates. The company has been making products with durable batteries so that they do not run obsolete. In so doing the company works towards an environmental-friendly business environment. It is sensitive to the need for protecting and conserving the
Apple demands a high quality of fair acting companies to treat their employees with respect and humility and call for them to take the high road when it comes to treating their employees the right way. Apple states that “We don’t allow suppliers to act unethically or in ways that threaten the rights of workers — even when local laws and customs permit such practices. We’re working to end excessive work hours, prohibit unethical hiring policies, and prevent the hiring of underage workers”. This helps their management team make the right decisions that
The social psychologist Kurt Lewin (1890-1947), once wrote: “There is nothing as practical as a good theory”. According to this saying we tend to consider theory very important and that it can be helpful to guide us on the correct way. This doesn’t state that practice is not important as well. Therefore using a good balance between theory and practice can help to save cost and time.
Businesses are more than just members of a rapidly paced, free market economy: they're people who also act as leaders, setting an example for all members of society. That's why businesses in the last few decades are under increased pressure to behave in a manner that is ethical and sound. As the world becomes an increasingly global society, people are more aware of how their actions impact the lives and futures of others. One ethical issue that many companies in America face is the decision on whether or not to outsource labor to other countries. The reasons that this conundrum is enticing are obvious. Labor is cheaper overseas and thus saves the company money, adding to an even wider profit margin. This is no small issue and is something which can have a truly detrimental impact on the American economy: "It has to be agreed that outsourcing does lead to loss of jobs in the US, especially those that have minimal qualifications. On the other hand, the loss of jobs is not only limited to people with minimal skills, but also jobs of skilled labor that are being outsourced to other countries. Americans who are in poverty and willing to do minimally skilled jobs find it harder to find jobs, and poverty does nothing for the US economy, other than reduce consumer spending and tax revenues. There is also data that provides evidence that jobs are lost and lost forever, especially for those who belong to the low end of the food chain" (Hasan, 2008). These examples
Apple Incorporated was founded in April of 1976 by Steve Wozniak and Steve Jobs. The founders of the corporation were college dropouts that worked together to build computer boxes which were sold without keyboards and power supplies. Apple Incorporated is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services understands that without their stakeholders The purpose of this paper is to specify the nature, structure, and types of products or services offer. This paper will look into the factors that influence Apple’s external environment. This paper will also explore Apple’s stakeholder influence and its controversial corporate social responsibility. (Apple Computer, Inc. - Company Profile, Information, Business Description, History, Background Information on Apple Computer, Inc.)
Companies such as Apple, Dell, HP, IBM, and Sony outsource labor and hardware manufacturing to a company called Foxconn Technology Group. Foxconn Technology Group is a multinational business anchored in Shenzhen, China. Some of the typical hardware being manufactured are, motherboards, chipsets, smartphones, tablets, and laptops. The majority of the factories are in China, three in Europe, one in India, and four in Mexico. Currently there are contracts to expand and build a new factory in Brazil. I believe that there are many ethical problems related to this example; first, the general idea of outsourcing mass amounts of labor, and secondly the mistreatment of
As an evolving technology company, Apple is one of the most successful companies in history. In today’s society, we cannot live without Apple products such as the Pad or IPhone. Apple 's success has come at a high cost with regards to safety to the workers of Foxconn, a supplier which makes products for Apple and plenty of other tech giants. As a result, some workers have committed suicide and many riots and fights have broken out.
Customer segment: They target to mostly everyone, it is a mass market, multi sided platforms.
Despite its global recognition and status, Apple Inc. has come under scrutiny in recent years. Criticism concerning Apple’s unethical labour conditions (causing both physical and emotional distress to employees) on a considerable number of occasions has led to this. Unethical labour conditions has not been an isolated incident, rather a disapprovingly common occurrence for such a well-regarded global brand.
The improvement of its operational efficiency through the industrialisation of processes and the pooling of resources The development of internal synergies Attracting talents and developing best practices in terms of management A constant and reinforced vigilance on risk control