Brief Description of week 2 submission: At the beginning of the semester my understanding of responsible commerce was‚ for companies to build a socially acceptable business‚ that not only conformed to shareholders wants but to that of society and the environment. Social responsibility is about being transparent so that the business has the trust of the community. It is about looking after all people who have an interest in the business managers‚ to employees‚ the community‚ government‚ it is all
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or ineffective handling of a business situation. This case is based on widely available public sources. For Terry Gou‚ 2010 should have been a good year. He topped the Forbes billionaire list as the richest man in Taiwan and his company Foxconn was listed as 112 in Fortune’s "Global 500" rankings and appeared again on the "Most Admired Companies" list for 2010. Gou was also coming up to the third year of a happy marriage with his second wife‚ Delia‚ 24 years his junior. A man who had
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the profits. In return to their profits‚ the condition of the labours from less advanced nations is increasingly getting worse. For instance‚ 13 young workers in Foxconn‚ which is the Tier 1 supplier of Apple Inc.‚ committed suicide between January and May 2010 and we can imply from their acts that how their working conditions of Foxconn are under development (Chan‚ J. and Pun‚ N‚ 2010). Therefore‚ this essay is firstly introducing the difference between GCC‚ GVC and GPNs in term of labours’ perspective
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Abstract This essay was written on Employee motivation in Apple company. I pointed out couple motivation theories that were developed in order to show people the ways of motivating. First and base theory is Maslow’s hierarchy pyramid then there are Equity theories and Two factor theory. The most popular and efficient motivation theory is goal seeking motivation theory. This theory was made in order to motivate staff to seek new opportunities how to solve a problems or reach their goals. In the second
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The analysis of technology development impact from MNEs The case of Chinese mobile phone industry MNEs and technology transfer in economic development Program name: International business management Introduction Recently‚ the number of multinational enterprises has experienced prosperity in Chinese smartphone markets. As the most
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following a New York Times story that described poor working conditions at the factories of contractors making the products. The Fair Labor Association conducted a month long investigation on Foxconn factories and worker abuse and health and safety risks for workers. alleged that the workers at Foxconn‚ which makes Apple products like the iPad and iPhone‚ worked up to 80 hours a week in April leading up to the release of the new iPad. The investigation by China Labor Watch of 10 factories of
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resulting from the appraisal of one’s job or job experiences.” It lists two different formulas for calculating job satisfaction: the Value Percept Theory‚ and the Job Characteristics Theory. This paper discusses the former and how it relates to Foxconn and its CEO‚ Terry Guo‚ whom writers Balfour and Culpan describe as a “ruthless taskmaster.” The Value Percept Theory is essentially the workers’ WIIFM (What’s In It For Me) paradigm‚ describing how certain job elements affect employee satisfaction
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manufacturing be launched in China‚ which had an ever-expending and ever- improving electronic manufacturing base. Therefore‚ Cisco could get the low-cost production right aways. It also planned to use contract manufacturer Foxconn Technology Group to produce the machine‚ even though Foxconn had never made such a complex product for Cisco. The case mainly talks about the some pressures and complexities of introducing a newly sophisticated technology product for a worldwide market and some considerations
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2013. The Washington Post. [Online] Available at: http://www.japantimes.co.jp/opinion/2013/07/21/commentary/is-the-age-of-automation-taking-a-toll-on-jobs/#.UiwRaSKS3IU samzenpus‚ 2013. Foxconn ’s Robot Workforce Now 20‚000 Strong. [Online] Available at: http://hardware.slashdot.org/story/13/06/27/0138240/foxconns-robot-workforce-now-20000-strong Srivastav‚ A. K.‚ 2013. AUTOMATION:Its Impact On Our Lives. [Online] Available at: http://www.computing.dcu.ie/~asrivastava/docs/Automation.pdf Tarcher/Putnam
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References: Berger‚ Peter‚ L. Invitation to Sociology. Dell Publishing Group‚ Inc. ‚ 1963. 6-9. Print. Greene‚ Jay. "Riots‚ Suicides‚ and other issues in Foxconn ’s iPhone factories." CNET‚ 25 09 2012. Web. Web. 23 Jan. 2013.
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