The chapter 3 exhibits the concept of ethics and the ethical
behavior in business. Ethics are the
moral principles or value that generally govern the conduct of an individual or
a group. Ethics can be viewed as the standard of behavior by which conduct
is judged. Ethics, then, consists of personal moral principles. Apple Inc. is one of the well-known technology
companies in the world. A company like Apple Inc has strong moral values,
principles, and standards for the business.
The
basic moral
principles that Apple employees follow in the business are as
follows:
· Apple Company expects total
honesty and is perform in ethical behavior while making business
dealings.
· Apple expects its employees
to avoid situations where a conflict of interest might occur or appear to
occur. If something really serious occurs then should react calmly.
· Apple expects all the
partners, employees to respect the confidentiality of Apple information not
only people in company, but also the customers.
· Apple expects its employees,
including parties whom Apple does business with worldwide to maintain the
highest standards of business conduct.
·
Apple expects and claims to deal all
partnerships, dealing the same way, regardless to the social difference in
different countries.
·
Apple conducts its business so that the communities in which we operate
are benefited by our presence.
A model that suggests corporate social
responsibility is composed of economic responsibility, legal , ethical, and
philanthropic responsibilities and that the firm’s economic performance
supports the entire structure is called Pyramid of
Corporate Social Responsibilty.
Social
responsibility of Apple Inc business is growing around the world. According to
recent surveys and magazine articles it can concluded that Apple id following
all four components of Corporate Social Responsibility. Apple has done a good
job with their social and ethical responsibilities this year. Where in 2006,
Apple Company conducted a thorough audit of one of Fox Conn’s
manufacturing plants (Apple’s partners in manufacturing) that created iPods.
News reporters suggested in one magazine that workers at the factory were being
treated unfairly and forced to operate under sweatshop-like conditions for
little pay. After the ten suicides at Chinese manufacturer fox Conn
in 2006.
Apple has investigated and reported child labor violation, toxic
conditions, and other violations of their code of ethics. They became more
concerned and a better, societal, and responsible company.
*Economic Responsibility- Every
corporation economic responsibility is to be profitable. Apple is first in its
class in this field. With revenues this year reaching almost double from last
year (from 15.70 billion to 28.57 billion) and Iphone 5 (143% growth sales) and
Ipads (183% growth sales) sales exceeding over 100% show Apple
as an ideal
example of a company fulfilling its economic responsibility.
*Legal Responsibility- Apple has
taken action against unethical conduct in its facilities. For this particular
responsibility, Apple has stopped the use of underage labor in ten facilities
including Fox Conn.
*Ethical Responsibility- Apple has eliminated
dangerous working condition in two facilities and bribery in one facility.
*Voluntary Responsibility- Apple has done a tremendous
job concerning environmental issues that range from toxic material removal from
its products to the recycling and the use greenhouse gas emission.
Not only is
Apple exceeding the environmental impact of its products in a positive way.
Apple Company has been always actively involve with its social responsibility,
Its shows that not only is Apple an incredibly profitable corporation but a
socially responsible too.
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