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Ethics - Essay Example

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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…
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Ethics

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 ... Read More
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