Apple's Ethical, Social, and Environmental Standards and Practices
Business ethics, social, and environmental guidelines frame the expectations of an organization's stakeholders including customers, employees, and regulatory bodies. An organization's ethical guidelines encompass how the organization and its employees embody ethical principles in their dealings, with each other, and other stakeholders. Therefore, Ferrell, Fraedrich, and Farrell (2008) have defined Business ethics as "The principles and standards that guide behavior in the world of business" (p.6). In many situations, individuals must incorporate their personal ethics to match those of the organization's ethical culture. For this reason, business ethics theory indicates that an organization's ethics are evident in its organizational mission and vision (Hummels & Timmer, 2004). This is because the mission and vision determine organizational structure and culture, and thereby organizational and individual behavior.
In addition, an organization is driven to establish social responsibilities through their social standards and practices. They develop social codes that define social factors in their international, national, or local community activities to ensure they enforce minimum social standards within their position of influence. According to Byron (2006), this is Corporate Social Responsibility (CSR), which is, "an obligation to look to the interest of the broader community and to treat the community as a
Both key elements have an interactive relationship that helps in building profitable businesses, as well as a well-rounded community. Ethics refers to set of beliefs about right and wrong, good and bad. Therefore, Good ethical practice help build our business, as well as help our staff members to make ethical decisions. The decision of each official can affect the entire organization. Whereas, most people come from different background and culture which also plays a vital role in shaping their ethics. Business ethics involves the application of the issues in the workplace. While much unethical behavior is illegal, one important role of business ethics is to manage behavior that cannot be covered by government laws. The universal ethical standards, which involve respect, responsibility, and citizenship, are rules that apply to people and should be held high within the workplace. Social responsibility is the obligation of a business to contribute to society. The cheesecake restaurant social responsibility affects the environment, customers, investors, and our employees. (Bruning, 2014)
Every business develops a set of ethical principles that they abide by. The business ethical principles intentions: it construct the business certainty in the community , maintain the employees liveried in what the business attempt to have as structural conducts and aid the employees consume principles to make ethical choices that guards the business. In a culture with a diverse assessment structure and augmented judgment visibly by companies with changeable ethics and interests, there appears to be further difficulties on business individuals to make tougher ethical assessments. In our day-to-day performances, we depend on on our ethical principles to monitor us in the correct path and do the correct things. The substance of any efficacious and perpetual business is they segment a mutual ethical matter concentrating on presenting and generating value along with allocating their business values with the citizens they network with on a day-to-day basis.
Ethical standards in business are important for every leader to know and understand. The book Ethics 101: What Every Leader Needs to Know by: John C. Maxwell discusses ethics in the world today. When people make unethical choices, the reason they do because of three main pitfalls. People do what is most convenient to them, people tend to do what they must do to win, and people rationalize their choices with relativism. In this summary, Maxwell’s definition of business ethics will be framed, examples of ethical standards and guidelines, the meaning and contrast of ethical thinking and ethical behavior, and how to avoid these major pitfalls to live an ethical life. The
CORPORATE SOCIAL RESPONSIBILITY (CSR) is a term describing a company’s obligation to be accountable to all of its stakeholder in all its operation and activities. Socially responsible companies consider the full scope of their impact on communities and the environment when making decisions, balancing the needs of stakeholder with their need to make profit.
Business Ethics is a set of moral principles applied in the commercial world. Business ethics provide guidelines for acceptable behavior by organizations in both their strategy formulation and day-to-day operations. An ethical approach is becoming necessary both for corporate success and a positive corporate image. Following pressure from
Business Ethics are defined as “moral principles that guide the way a business behaves” (Businesscasestudies, 2017). In order for any business or individual to act in an ethical
Ethics are the principles and values an individual uses to govern his activities and decisions. In an organization, a code of Ethics is a set of principles that guides the organization in its programs, policies and decisions for the business. The ethical philosophy that is used by an organization to conduct business can affect the reputation, productivity and bottom line of the business (1).
Apple is one of the most valuable brands in the world. The company has strong brand loyalty, impressive revenue growth and superior innovations in technology. There are many aspects of the company that contribute to Apples success. One of the most important aspects is the company’s ethical decision making. Apple has a strong ethical code of conduct that represents the company as being ethical in all decisions being made. Despite Apples positive representation, the company has been faced with many ethical issues. Apple has been involved in many litigations ranging from a domain name dispute and patent infringement, to the use of refurbished products in their repairs. These unethical acts are risky for the company and can affect the company in negative ways. Another aspect that can affect the company is their competitiveness in the technology industry. This industry has many competitors that Apple has to compete with. However, Apple has been overly aggressive in protecting their property rights.
Social responsibility is generally regarded as a duty of an organization’s management towards the benefit and well-being of the society in which it is engaged. The organization must behave ethically considering the social, cultural, economic and environmental issues.
Ethics ensure that a company achieves its mission, vision, goals, and objectives in such a manner that they give a company a sense of direction and framework. Ethics ensure guidelines are creating that bind the entire organization into one common thread, govern the action of the organizational employees, and avoid deviation from the desired strategic path. Five ways a company can ensure ethics is including in their strategic planning are
This Report is going to evaluate the ethical claims of Apple. Business Ethics can be defined as the investigation of appropriate business policies and works on with respect to conceivable questionable issues, for example, corporate administration, inside exchange, bribery, corporate social obligation and guardian obligations (Investopedia.com, 2015). Apple is well known by its ethical claims that are environmental responsibility and labour rights. However, there are condemnations of Apple’s not living up its claims. Nevertheless, this report will be scrutinize what Apple has claimed and what it has literally done in terms of environmental responsibility and labour rights.
In their personal and professional lives, people can and, unfortunately, sometimes do go against their moral and ethical standards. Ethical standards are what it means to be a good person, the social rules that govern our behavior. Ethics in business is essentially the study of what constitutes the right and wrong or the good or bad behavior in the workplace environment. A business is an organization whose objective is to provide goods or services for profit. The organization has a group of people that work together to achieve a common purpose. The moral challenges that these men and women face each day along with a whole range of problems that could occur, are why ethics plays such an important
As an evolving technology company, Apple is one of the most successful companies in history. In today’s society, we cannot live without Apple products such as the Pad or IPhone. Apple 's success has come at a high cost with regards to safety to the workers of Foxconn, a supplier which makes products for Apple and plenty of other tech giants. As a result, some workers have committed suicide and many riots and fights have broken out.
Ethics are the moral guidelines which govern good behavior in our own lives, and in the lives of other individuals. It is important to act ethically on an individual basis, however it is also important for organizations or businesses to act ethically as well. Business Ethics would be the application of ethical standards to commercial enterprise. In the business world they often have a set of written guidelines that are issued by each organization, to its workers and management that is meant to help them conduct their actions in accordance with its primary values and ethical standards. These guidelines are referred to as the company’s code of ethics.
Is it legal or ethical for a US multinational corporation to accept the laws and norms of its host country if they are unethical or unlawful in the United States? Explain why?