How is Foxconn proof that Globalization has negative impacts and how could Foxconn behave more ethically? – A case study. Table of Contents Research Question 1 Table of Contents 2 Abstract 3 Introduction 4 The Case Study 5 Approach 13 Bibliography 14 Abstract In this case study I have looked into how Foxconn is an example of how globalization has a lot of negative effects and not only positive effects. I have looked into how globalization does make nations more
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1. What accounted for the growth of Foxconn? Technically a subsidiary of Hon Hai Precision Industry Co.‚ Ltd.‚ Foxconn opened its first mainland Chinese plant in 1988‚ and now operates 13 factories in nine Chinese cities and a growing constellation of factories in nine foreign countries. Founded by Taiwanese entrepreneur Terry Gou with $7‚500 he borrowed from his mother Hon Hai went public on the Taiwan stock exchange in 1991. Within a year of its starting to manufacture
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a company by the name of Foxconn based out of Taiwan. This company is well known for it’s electronic manufacturing and has been involved in numerous business controversies. Many businesses today are having a reoccurrence of unethical behaviors. When anyone that deals with electronics is asked about Foxconn‚ they don’t tell you how good the products that come from the company are but more of how they treat their employees and the environment they are put in. Foxconn is widely known throughout
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The Human Cost Associated with Electronic Gadgets or Stress? While thinking about the initial impressions one formed of Foxconn as one read the case. To what degree did stereotyping influence ones’ thoughts‚ how did the additional information about the firm change ones’ initial impression and while the manual labor of assembling electronics is challenging for Foxconn employees‚ the workers may also face emotional burdens of being away from family and isolation from the outside world. What were some
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"EXPLAIN HOW UTILITARIANISM MIGHT USE THE HEDONIC CALCULUS IN MAKING MORAL DECISIONS" REFERENCE TO AN ETHICAL ISSUE. Utilitarianism is a non religious ethic‚ and is based on the greatest good for the greatest number and takes into account the greatest happiness principle. Jeremy Bentham put forward the idea of Utilitarianism and the "Principle of Utility"‚ this is the rule where a decision regarding wether an action is good or bad is based upon the results they produce. He took many things into
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Suicides at Foxconn (A causal analysis) MBAMGT-665 International & Cross-Cultural Management Fall 2010 Contents Introduction 2 Wages and Working Hours 2 Workers were kept uninformed about wage increase plan 2 Basic wage is just slightly more than minimum wage and far below living wage 2 Excessive overtime 2 Deduction of overtime premium 2 Frequent change of work shifts 2 Management 2 Punishments 2 Extensive work pressure 2 Reward system 2 Trade Unions 2 Health and Safety 2 Student
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business with Foxconn was still questionable and seems like be unethical by some people. Apple can make significant profit on the sale of its products considering the price of Apple’s products and what its supplier’s workers outside of the USA are getting paid. As we can see‚ in 2010 the wages of Foxconn worker was about 900 Yuan ($143 per month).Apple’s newest iPhone costs minimum of $200 with a wireless company contract.So.it is convenient for Apple to continue business with Foxconn as it still able
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Solutions for Communication Problems in the Foxconn Suicides Prepared for: Gou Taiming‚ President Foxconn Prepared by: Prakash Krishnamurthy Table of Contents Introduction…………………………………………………………………………………….3 Company Background…………………………………………………………………………3 Identifying the Problem - Facts of the Case………………………………………………….4 Analysis of the Communication Problem…………………………………………………….6 Recommended Solution………………………………………………………………………..8 Appendix………………………………………………………………………………………
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company and employees’ performance. Firstly‚ define measures and governance is part of the organization design‚ in Foxconn case‚ Apple has a supplier code of conduct that details standards on labor issues‚ safety protections and other topics to let suppliers supervise the workers‚ which are quite good. But Foxconn not follow these standards to treat the employees‚ so we think Foxconn should give a clearly policy on fairly supervise the works. Secondly‚ Job evaluation system is reflected in the case
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Explain the main differences between Act and Rule Utilitarianism Utilitarianism is a theory‚ which first became widely acknowledge when it was adopted by its greatest advocate Jeremy Bentham. It is a theory that maintains that it is an action’s total consequence that determines its moral correctness. It is a theory not concerned with the effects of the action on the individual carrying out the action‚ but instead the effect it has on everybody affected by the action. It also maintains that it is
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