An Examination of the Ethical Standards of Apple Inc.

An Examination of the Ethical Standards of Apple Inc.

Document details
Category: Business Studies Essay
Subcategory: Business Ethics
Words: 1045
Pages: 4

Apple Inc. is considered one of the leading companies in the technology industry. Their ethical standards have consecutively been praised by both consumers and organizations who measure a corporations ethical levels alike. Apple has recently as the Worlds Most Admired Company (Ferrel, 2015 p. 554). However, because Apple is such a large incorporation involved in many different technological markets, it has a history of committing certain unethical acts. Apple is a prime example of how a corporation can strive to create an ethical culture, but still commit mistakes primarily in factories outside of American jurisdiction. These unethical actions include the violation of privacy towards its customers by consumer tracking, and unethical working conditions within the factories they outsource their products to. By analyzing the size of Apple Inc and considering the amount of the market they control, one can analyze whether Apple has the responsibility or the power to remediate these unethical acts. To what extent does the consumer agree to be tracked when they turn on their location services on their iPhone device? Is Apple currently overseeing their foreign suppliers enough? Do they hold enough power to enforce labor regulations on their manufacturers? These are some questions one may pose when examining the delicate issue of ethics within a company that actively attempts to maintain a high moral standard.While Apple Incorporation may control 12.5 of the global smartphone market share (S., 2016), they did not always hold this much power. When the company began in 1976, the future looked bleak. Stock prices were declining, and stakeholders were losing hope in the companys (Ferrel, 2015 p. 551). One may credit Steve Jobs, cofounder of Apple, as the individual who salvaged this company. As sales continued to decrease, Steve Jobs was invited to return to Apple Inc to try and save it. By establishing a closed door policy, Jobs closed off his competitors from seeing Apples new technology, and gain a competitive advantage in the market...

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