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Corporate Social Responsibility Principles
Corporate Social Responsibility Principles
Corperate social responsibility
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Corporate social responsibility is more complex in the international arena due to mainly towards difference in legal and cultural environments. Bribery and corruption are key issues, along with concerns for human rights and environmental standards. Apple, Inc. has made an achievement of its social and ethical responsibilities against unethical conduct in its facilities domestically and globally as a practice towards healthier society. Apple Inc. was founded in 1977 by the late Steve Jobs and colleagues. Wholly-owned subsidiaries which design, manufacture, and market mobile communication and media devices in Cupertino, California. According to Apple, Inc. website places its ethical and social responsibility on its suppliers which comprise of …show more content…
Bribery and corruption are key issues, along with concerns for human rights and environmental standards. Apple, Inc. has made an achievement of its social and ethical responsibilities against unethical conduct in its facilities domestically and globally as a practice towards healthier society. Apple Inc. was founded in 1977 by the late Steve Jobs and colleagues. Wholly-owned subsidiaries which design, manufacture, and market mobile communication and media devices in Cupertino, …show more content…
Employees work excessive overtime, (seven days), and living in congested residences, excessive standing for long period of time resulting in limited movement of lower legs extremities. Under-age labor force had been facilitated in constructing Apple’s products, suppliers had inappropriately disposed of toxic byproduct (waste), falsified records, according to its reports, advocacy groups within China, self-governing monitors or observers.” (Duhigg & Barboza, 2012) In addition to violation made by Apple’s suppliers (Foxconn) has had no direct effect on the sales of its products or services. Apple, Inc. continues to rank high in electronics and technology industry among its competitors and consumers on corporate social responsibility. Conversely, it is still questionable by former employees, executives, various publishers and /or medias about Apple’s business ethics and social responsibility of its suppliers. According to The New York Times, “Apple reported one of the most lucrative quarters of any corporation in history, with $13.06 billion in profits on $46.3 billion in sales. Its sales would have been even higher, executives said, if overseas factories had been able to produce more.” (Duhigg & Barboza, 2012) “In 2010, Apple ranked number six (6) earning scores above 80 (using a 100 point scale). Which is incorporated in the CSR Index 50 a company is required to exceed a rate of
“The people who are crazy enough to think they can change the world are the ones who do” (Isaacson). When the late Steve Jobs was a child he was abandoned by his real mother and adopted by the Jobs family. Steve was a stubborn rude man who was ruthless, however he was focused, crazy, and inspirational. His characteristics drove him to form one of the greatest companies today, Apple. The computer company revolutionized the world with a frontline of the greatest products the world has ever seen. Although facing many hardships, the company managed to change the music industry, computer industry, phone industry, design industry and created a tablet industry. Apple envisioned products that did not exist and it thrived from the reaction of its consumers. After becoming a fortune five hundred company, it has continued to develop its products and has remained one of Americans most pristine companies however has also been put in the spotlight on social and ethical responsibilities. Ethical businesses use principles and standards that determine if conduct in organizations is acceptable. The big question has arose, is Apple socially and ethically responsible with their suppliers, the economy, its workers, and its consumers? Is Apple responsible for its supplier chains? Does apple have programs through which they help solve social and ethical issues? Has apple made any financial contributions to address issues?
Apple Inc. is a worldwide company that is one of the most valuable brands to ever be founded. As of today, the company is worth a staggering $786 billion! The reasons behind this giant company’s success is through their products that they sell. All their products are very well made and the customer loyalty is very stable. Apple was founded by Steve Jobs and Steve Wozniak in 1976. They incorporated the company in 1977. For more than three decades, Apple was predominantly a company that sold personal computers including the Apple II, Macintosh, and the Power Mac. Steve Jobs was fired from the company in 1985 because of the poor sales and low market share that the company was facing. During that time, Apple started to be more of the innovators. Because Apple was starting to make enough money to start acquiring smaller companies that benefited the company, Steve Jobs’
As mentioned above, Apple Inc. is one of the well-managed companies in the world, and this is one of the pillars of its success in the market. The company’s core business is designing, manufacturing, and marketing mobile communication as well as media gadgets, in addition to supplying related software, and networking solutions. It is known for producing very unique and high-differentiated products such as the iPhone, iPod, iPad, Mac, Apple TV, and many more. The company has a culture of valuing its employees, because the management believes that the company is where it is today because of these employees. The employees are accorded...
Apple Inc.’s Financial Analysis case study will cover the nine-step assessment process to evaluate the company’s future financial health. The nine-step evaluation process will entail the following: 1) Fundamental analysis covers objectives, plan of action, market, competing technology, and governing and operational traits, 2) Fundamental analysis-revenue direction, 3) Investments to support the firm’s entities action plan, 4) Forthcoming profit and competitive accomplishment, 5) Forthcoming external financial requirements, 6) Accessibility to direct at sources of external finance, 7) Sustainability of the 3-5 year plan, 8) Strain examination beneath scenarios of calamity, and 9) Present financial plan (State University, 2013). The fundamental analysis will be explained primarily in the next section.
I believe that Apple is a Utilitarianism company because of how Apple makes their products user friendly and make people feel good about their products. Utilitarianism is one of the pretty well known moral theories. Utilitarianism is under the idea of Consequentialism which the view that is all about making the right kinds of overall consequences. Utilitarianism was from 2 philosophers, John Stuart Mill and Jeremy Bentham who were great examples of consequentialism. Utilitarianism means that his purpose of morality is to make life better by increasing the amount of good things such as happiness and pleasure in the world and lowering the amount of bad things such as unhappiness and pain. The two most important Utilitarianism are John Stuart Mill and Jeremy Bentham because they had made a huge impact on the philosophy’s of moral theory, their approaches on economics, social policy and political. Utilitarianism is the choices that people make that is right and makes the overall everyone happy. Utilitarian’s believe that people should choose the option that maximizes utility for example the action that creates the most amount of good. Utilitarianism is thought to be a simple theory because it only has one evaluating principle, act on what makes the best
Organisation Analysis Apple - Value proposition and Culture Apple - Company Description Apple Inc., was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on 1976, is an American multinational corporation headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software and personal computers. Its best-known hardware products are the Mac line of computers, the iPod media player, the iPhone smartphone, and the iPad tablet computer. Its consumer software includes the OS X and iOS operating systems, the iTunes media browser, the Safari web browser, and the iLife and iWork creativity and productivity suites. Apple is the world's second-largest information technology company by revenue and the world's third-largest mobile phone maker. “Fortune” magazine named Apple the most admired company in the United States in 2008, and in the world from 2008 to 2012.
Apple is an American producer of personal computer, personal computer peripherals, cellular telephones and PC programming. It was the first effective personal computer organization and advanced the graphical client interface. Its central command center is situated in Cupertino, California. Apple was established by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976, to create and offer PCs. Apple is presently the world 's second biggest data innovation organization by income after Samsung Electronics, and the world 's third biggest cellular telephone producer.(Apple, 2012)
Apple Inc. is located in Cupertino, California and was established in 1976. Apple Inc. designs, manufactures and markets mobile and media devices, personal computers and portable digital music players. They also sell a variety of related software, services, and networking solutions. As of this writing, Apple Inc. is the first United States Company to reach a market valuation of over seven hundred billion dollars (Higgins 2015).
One of Apple’s major ethical issues is the problem of labor. This is a very important problem in today’s world because businesses have a tendency to ignore basic human rights in their never ending competition to make as much money as possible. Outsourcing, using child labor, and overworking employees are all major ethical and legal violations committed all the time by many high profile companies, and often unjustly ignored as it is unfair to the people forced to work in such terrible conditions.
Apple Inc. was established by Steve Jobs and Steve Wozniak on April 1, 1976 as a computer designer, developer and seller company. However, the company shifted its focus from only personal computer to include other consumer electronics such as portable media player and mobile phone in 2007. Apple Inc becomes one of the most popular makers in its field since it seems that its popularity has increased according to a report on www.statista.com that Apple Inc’s products sales was generally increasing throughout the first quarter of 2006 to the first quarter of 2014. On the one hand, it has increased its revenue from about 14 billion US dollars to more than 170 billion US dollars in 2013. All in all, the company is highly successful corresponding to its products’ development and their sales growth in world’s market.
Apple Inc, founded in 1976 by Steve Wozniak, Ronald Wayne, and Steve Jobs, headquartered in California, is a multinational technology giant. Developing, designing, creating consumer electronics, computer software, online services. Well-known for the iPhone, iPad and Mac computers, Siri and the IOS operating systems transfer and sync on all Apple devices with just one click. Consumers like myself are fascinated with all things Apple. Apple fashioned an assortment of devices and programs that are not only visually cool but also easy to use and makes my life easier.
The tremendous success that Apple has been for the efforts that they have made not only in ensuring that they produce quality products, but also in ensuring that they are socially responsible in their business model (Avetisyan and Ferrary 2013, 115-133). Apple is believed to be one of the companies that are socially responsible in the world, but has received criticism from all corners in the world (Aguinis and Glavas 2012, 932-968). The criticism has worked to the advantage of Apple since it has been able to improve in their social responsibility. The paper discusses the environmental and social performance regarding Apple and how it impacts the society and how the operations of the company should be done (Backer 2013, 805-879). Both the areas
Many laws have been put into place to make sure corporations act ethically, so they do not harm people or the environment. Corporations have a social responsibility to follow these laws and various other ethical actions; Johnson & Johnson, considered to be one of the most admirable companies according to Fortune, is one company that included their corporate social responsibilities in their code of ethics. Their code of ethics states that executive officers cannot financially benefit from unethical transactions or that their management must be competent and ethical (Code of Business Conduct, 2015). It is important for corporations to act ethically and hold up to their social responsibility, especially within the workplace; ethics are especially
Apple was founded in 1976 by Steve Jobs and Steve Wozniak, who were determined to change the way people were utilizing the computer. From then Apple has been able to grow its business into one of the most prominent company in the world. Apple Inc. is an American company that creates software, cellular phones, computers and consumer electronic products as well. Some of the Apple products most recognized products are the iPod, iPhone, Mac, and the recently new iPad. They have established over 300 retail stores in about 10 countries around the world. Many people do not know this, but also service numerous of computer software, such as Mac OS X operating system, Final Cut Studio, Logic Studio, iOS, which is a mobile operating system that hosts
Apple Inc. Founded by Steve Jobs, Ronald Wayne, Steve Wozniak in April 1, 1976, is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, online services, and personal computers.