This was a threat to the company in their own country. There is also a negative expression on the company contributed by poor working condition cases at Foxconn. The opportunity for Apple Company is the expected high profit of $321 per iPhones that is an evidence of a global company’s profit.
3. The assertion sounded a bit harsh because as a citizen, the executive would have considered the company’s obligation towards America vital. However, considering the aim of every company of making the profit, the executive was right because the most important thing is growth, quality, and maximum profit.
4. Some of the key stakeholders are Apple Inc., Foxconn, the society and the government who have obligations. The company has an obligation of offering best quality products to their consumers. Foxconn has an obligation of adhering to high-quality work ethics that do not interfere with the Apple’s quality brand. The government has to ensure that Apple adheres to the trade and labor laws put in place.
6. If assembled in China with better labor conditions or pay, I will pay an averagely higher price compared with the current price because there will be an increase in labor cost. However, the lower cost of raw materials in China may make the cost of production not go that high.
7. The negative media coverage has hugely affected Apple’s recent decision to ask the FLA to do an independent assessment and the subsequent decision by Foxconn to raise some salaries because the company is committed to maintaining a brand name and wants to be associated with quality but not failure in the ethical issues.