preview

Challenges Facing Global Business Environment Essay

Satisfactory Essays

Challenges in the Global Business Environment Ongoing challenges in the global business environment are mostly attributed to unethical business practices, failure to embrace technology advancements, and intense competition among businesses. Apple Inc. is an example of a company that has faced challenges in the global business environment because of unethical business practices with regards to its suppliers’ compliance with the company’s code of conduct. Despite safety being one of the major components of Apple’s operations, the company is renowned for having suppliers that are abusive to their workers. For instance, Wintek and Foxconn are among the firm’s electronics suppliers with factories characterized by terrible working conditions. However, when Apple’s supplier code of conduct is raised, the situation with these suppliers remains the same and contributes to numerous concerns regarding compliance. As a result, Apple has made several changes to its Code of Conduct in recent years, which have generated new standards for suppliers in order to maintain business relationships with the company. Apple’s Supplier Code of Conduct As previously mentioned, Apple Inc. has been renowned for working with suppliers that are abusive to their workers. Wintek and Foxconn are examples of Apple’s electronic suppliers whose manufacturing plants in China have terrible working conditions. This situation has generated concerns regarding Apple’s supplier code of conduct and business

Get Access