Monday, December 23, 2019

Business Ethics Apple - 1300 Words

Business Ethics Businesses are more than just members of a rapidly paced, free market economy: theyre people who also act as leaders, setting an example for all members of society. Thats 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 examplesShow MoreRelatedBusiness Ethics: Apple, Inc. Essay1111 Words   |  5 PagesApple is a company facing a lot of ethical dilemmas. Since it is such a large and rapidly growing company, they face a lot of scrutiny from the media. Apple also faces a lot of pressure to be competitive in the technology market. As a result of this, companies tend to cut costs in as many ways as possible, some of which aren’t always ethical. One of the most typical ways businesses cut costs is by lowering production costs, which entails outsourcing for cheap labor. However, in order for labor toRead MoreCsr, Pestel, Porters Five Forces and Business Ethics on Apple Computers2868 Words   |  12 PagesBusiness Project Topic: Apple Computers Introduction Apple Inc., formerly Apple Computer, Inc., is a multinational corporation that designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, including a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. Its most popular hardware products are the series of Mac computers, the iPod, the iPhone, and theRead MoreApple s Ethical Decision Making Essay1479 Words   |  6 PagesApple is one of the most valuable brands in the world. The company has strong brand loyalty, impressive revenue growth and superior innovations in technology. 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Although many would disagree, money, more specifically business, is the root of productivity and innovation. All for-profit businesses have the same mentality, â€Å"how could I get the most money possible?† These businesses

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