Ethics Executive Summary Apple Inc., a leading multinational business company which deals in electronics products, faced a significant ethical issue with its major supplier i.e. Foxconn The various ethical issues include about the working hours and the compensation of the workers among others Apple’s decision in order to make continuous business transaction with Foxconn is for the purpose of producing its various products with reasonable outsourcing costs A few implementation plans have been proposed for both Foxconn as well as Apple in order to minimize the ethical issues The plans include complying with the legal principles of Fair Labor Association (FLA), offering fair compensation to th…
Moreover, the organizations can preserve a sustainable working environment by taking into concern the aspect of ethics in the current business context. Introduction Ethics is principally described as a philosophy of study which is particularly concerned with the assessment of human behavior. The aspect of ethics involves the learning about determining the correct as well as the incorrect activities which occur in the workplace (Singer, 1993). In this context, it can be stated that it is quite important particularly for the business organizations to manage ethics in a specific workplace in order to gain broad variety of benefits. The benefits include cultivating strong output as well as teamwork, supporting the growth of the employees and effectively organizing as well as managing the values linked with quality, diversity and strategic planning management (Guha, 2008). In this paper, a current ethical issue which is faced by Apple Inc. associated with one of its suppliers i.e. Foxconn will be taken into concern. Moreover, a detailed analysis about the emergence of the ethical issue along with formulating an effective plan in order to deal with the issue will also be depicted in the discussion. A Brief Overview of Apple Inc. Apple Inc. is an American based multinational business organization which designs as well as sells broad assortment of consumer electronics, personal computers and computer software. The various standardized products of the company include iPod, iTunes, iPad and iPhone among others (Apple Inc., 2012). The company pays much attention and significantly focuses upon designing its products in such a way so that there lays a minimum affect upon the environment (Apple Inc., 2012). Moreover, the company remains much committed to preserve the highest benchmark of social responsibility by delivering safe working atmosphere and treating the working personnel with equal dignity as well as respect (Apple Inc., 2012). Analysis of Current Ethical Issue It has been viewed that Apple faced an ethical issue associated with one of its key suppliers named Foxconn while producing the valuable products of the company. According to the investigation made by Fair Labor Association (FLA), Foxconn has been involved with few ethical issues which include the working hours of the employees, health as well as safety, compensation and worker integration along with industrial relations. The report of the investigation which is conducted by FLA has revealed that Foxconn has failed to comply with the ‘Workplace Code of Conduct’ as well as labor law which prevails in China. From the perspective of the ethical issue relating with the working hours of the employees, FLA has identified that the standard amount of working hours of the employees per week at the factories of Foxconn surpassed the standard guidelines of FLA. This particular issue was observed in every factory of Foxconn (Scribd Inc., 2012). The principal causes behind the increased rate of the working hours which surpassed the legal guidelines ...
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(Ethics Essay Example | Topics and Well Written Essays - 1750 Words)
“Ethics Essay Example | Topics and Well Written Essays - 1750 Words”, n.d. https://studentshare.net/other/10916-ethics.
Personal codes of ethics exemplify a relatively new trend, when reflect the striving of individuals to fix their ethical commitments and beliefs on paper. Any personal code of ethics must include rationale, ethical statement, rules, and enforcement procedures.
This necessity is not only driven by precautionary measure to prevent the occurrence of less than ideal business practice that would diminish the stature of the business among its stakeholders, but also as a strategic option because businesses that are perceived to be ethical enjoys the confidence of the market and consequently the customer’s patronage and profitability.
It requires people to consider if their actions are right or wrong. It also asks people how the components that help them succeed, for example, compassion, integrity, faithfulness, and honesty are relevant in everyday life. Ethics looks at the fundamental principles and basic concepts of human behavior.
One of the major aspects that are adopted by firms is the code of ethics. This entails a set of principles that guides a firm in its policies and programs. Ethical philosophy is applied in every department within an organization. This paper aims at discussing the ethical
n than not comes with close contract with deontology that stresses on duty to rules and eventually consequentialism that determines the wrongness or rights from the happenings of a particular action. The approach of moral dilemmas rather than the moral conclusion proves to be a