Corporate Social Responsibility and Apples Business...

Apple and CSR Apple Inc. was established in 1976 with the launch of Apple I in April 1976. The creators, Steve Job and Steve Wozniak, transformed the entire consumer interactive experience between the user and the computer by being the pioneers in this field. For two decades, Apple Inc ruled the computer manufacturing frontier for two decades. However, it did face low sales and market share in the 1990s. Steve Jobs had left the firm in the 1980s and returned in 1996 as the Chief Executive Officer. He brought about a revolution in the electronics music industry with the invention of the Ipod in 2001. He aimed for innovative products with simple, unique designs that offered a user friendly interface. In 2007, Apple again created a novel segment in the American market with the initiation of the iPhone. The first tablet gadget was released in 2010 and made headway in the international market as well. With Apple being in the limelight, questions were cast towards the degree of responsibility it was und ertaking to contribute to the welfare of society. In order to understand the essence of Corporate Social Responsibility, it may help in knowing where the concept originated from. Adam Smith, a late 18th century philosopher and economist with Scottish origin, penned sundry articles on this discipline. His most famous work is the renowned The Wealth of Nations where he champions the economic models of free trade and the free market. He advocated the allocation of resources throughShow MoreRelatedBenefits Of Moving Production Overseas1507 Words   |  7 Pagesnot place a high value on the safety and wellbeing of their employees as companies due in developed countries, such as the United States. Responsibility of Supply Chain It is imperative for today’s multi-national corporations to not only monitor supply channels for human rights violations but to act on those violations and if necessary discontinue those business relationships. In the current global age, poor working conditions in a factory can become global news almost instantaneously. For exampleRead MoreWalmart s More Recent Activity1083 Words   |  5 PagesSecond, Walmart’s more recent activity also points to effective CSR practices. These efforts have included a reduction in greenhouse gas emissions along its entire supply chain, ceasing business with factories that violated labor laws, as well as â€Å"financial contributions in kind, such as investments in education, health, commitments to fight hunger, support for local farmers and access to healthier and affordable food† (Torres, Garcia-French, Hordijk, Nguyen 2012, p. 25). Furthermore, Walmart hasRead MoreBenefits Of Diversity And Inclusion1657 Words   |  7 PagesIntroduction Diversity and inclusion are hot topics in today’s business world. While treating individuals fairly and equally is a social imperative, it is also extremely important to the success of a business. With the changing demographics of society and its affect on the American workforce, organizations must truly embrace diversity and inclusion. â€Å"For companies to succeed in the global marketplace, they must make the most of the full range of their people. Companies must attract and retain theRead MoreCorporate Ethical And Social Responsibility996 Words   |  4 PagesCorporate Ethical and Social Responsibility – Apple Company Apple Company is one of the largest manufacturers of computers and electronics. â€Å"Apple Company was founded on April 1, 1976, by college dropouts Steve Jobs and Steve Wozniak, who brought forth a new company vision of changing the way people, viewed computers† (Library of Congress, 2008). The ethical and social responsibility of Apple Company should have started with its inception; however, it did not. It was not until years later with theRead MoreEthics And Social Responsibilities Violations941 Words   |  4 Pages CORPORATE RESPONSIBILITY 6 Apple assured the families there would be a regularly follow-up to ensure the suppliers were honoring the company’s commitment to keep the children in their school of choice and uphold their financial obligations (Supplier Responsibility at Apple, 2013). The Impact of the Publication of Ethics and Social Responsibilities Violations on Apple’s R eputation Apple’s reputatio n has been tainted due to the publication of ethics and social responsibilities violations.Read MoreApple, Inc. : An American International Corporation Essay718 Words   |  3 PagesStates dollar seem mediocre. Making it difficult to manage. (Long, 2016) Apple’s Inc. achievement is partially due to their capability to reassure stakeholders and corporate social responsibilities (CSR) the status of the company. Occasionally, stakeholder groups enforce mandates that interpret as corporate social responsibilities, in which it can influence performance. In Apple’s situation, stakeholders knowingly affect the business in terms of customer view and sales revenues. Since Apple, Inc. is continuallyRead MoreEthical Sourcing And The Supply Chain1611 Words   |  7 Pagesvarious components of their operations outside of the country. As firms are thrusted into the global marketplace and transformed into multinational corporations (MNCs), new challenges arise related to the differences/disparity in corporate social responsibility (CSR) practices between countries (Chandler Werther Jr., 2014; Cruz, 2013). Globalization has increased companies need to consider the importance and strategic value of CSR (Chandler Werther Jr., 2014; Cruz, 2013). At the forefront of internationalRead MoreApples Ethical Practices3897 Words   |  16 Pagesï » ¿Apples Ethical, Social, and Environmental Standards and Practices Business ethics, social, and environmental guidelines frame the expectations of an organizations stakeholders including customers, employees, and regulatory bodies. An organizations 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 principlesRead MoreThe Ethical Claims Of Apple1093 Words   |  5 Pagesevaluate 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 . NeverthelessRead MoreEthical Implications Of Ethical Consumerism1552 Words   |  7 Pages‘knowing’ leads to abuse and exploitation.† It can be seen as a drastic measure to end corporate abuse, environmental violation and pollution, human slavery, etc. Some people see it as another way for businesses to manipulate a market of concerned consumers who are willing to spend more money purchasing ethically sourced goods. There are different contextual frameworks of what ethical consumerism could mean to a business hence, it is imperative to simplify the concept. Simply put, the entire point of