Essay Ethical and Governance Issues Raised

3238 Words Oct 24th, 2010 13 Pages
Table of Contents
1 Introduction 2
2 Discussion of case study 2
2.1 Identification of the Ethical and Governance issues raised in the case study 2
2.2 Critical analysis of the main ethical and the governance issues raised in the case study 5
2.3 An evaluation of the conditions that enabled the issues identified to arise 7
2.4 Recommendations to the company 9
3 Conclusion 11
4 References 12

Introduction

Apple is one of the most successful companies to date, they have dominated most of the markets they have entered, and all of this was able to become a reality because of Steve Jobs, the founder of Apple. He is seen as a somewhat genius when it comes to business, and his employees seem to be very satisfied, but what most people
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Secondly, there is a supply chain risk associated with the increasingly bad reputation of the Chinese manufacturers, given China’s rapidly changing labour market. Younger workers are becoming overly optimistic in their career options and are not willing to work in factories (Rein 2010a). With the growing bad reputation of the factories, the manufacturers are finding it increasingly difficult to recruit employees and retain good staff. As a result, maximum production outputs may not be utilised and there are greater costs and loss of efficiencies involved with worsening quality control of production due to staffing difficulties.

Apple’s executives have been short-sighted in their drive to maximise profit. Shaun Rein (2010b) notes that “true leadership is about bettering the lives of the people around you” rather than simply making money at any price. While it can be argued that Apple can only do so much, for example, set out strict agreements on code of conducts of manufacturers, Apple can also be blamed for the lack of regulation of these agreements and pursuant action taken on breaches. Given the cases noted above, it is clear Apple’s executives can do more in its governance to become great leaders. It is also noted that evidence exists that governance to the ends of bettering the lives of stakeholders, as seen with Nike, may actually lead to profit maximization rather than be an overbearing cost on companies.

2 Critical analysis of the main…

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