2010 suicides in the Chinese Foxconn factories‚ which are the main suppliers for Apple‚ and the IPhone5 strikes that occurred in the beginning of October. All of these events were as a result of the workers’ poor living conditions‚ inadequate health care benefits and a load of overtime hours. Apple’s speedy response has been triggered by the growing global concern regarding Foxconn’s unethical practices towards its workers. Apple has agreed to work along with Foxconn and the Fair Labor Association
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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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External and Internal Analysis of Foxconn Introduction Foxconn‚ or Hon Hai Precision Industry Co‚ was founded 37 years ago in Taiwan by Terry Gou. The company initially started as a local computer component manufacturer. Over the past decades‚ Foxconn had been continuously growing to become the world’s largest electronic components manufacturers with the consolidated revenue of 59.32 billion US dollars in 2010. As the largest electronic manufactures‚ Foxconn provides electronic components to major
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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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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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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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Foxconn ----- current issue and future forecast Table of Content Executive summary 4 Introduction 5 Overview of the company 5 Economic 7 Current Issue 7 Responding the suicide case in China in economic aspect 7 Current economic issue in Foxconn 7 Future opportunities and risk in Asia region 8 Opportunities 8 Risk 9 Recommendation 10 Political 10 Current Issue 10 Suicide case on political aspect 11 The relationship with China and Taiwan 11 Future forecast
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Subject: Apple and Foxconn controversy from the eye of the consumer Over the last couple years‚ Apple and Foxconn have been partaking in poor business methods thus causing them a great deal of deserved criticism. The consumer‚ must decide whether or not to continue buying from Apple because the consumer is what causes Apple to continue to make new products which results in the poor conditions at Foxconn. Foxconn and Apple violate many ethical‚ moral and basic human principles. The Situation
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Apple Inc. the designer and maker of electronic products found itself in the middle of a scandal that was formed within its organizational ecosystem (Daft‚ 2012‚ p. 71). Starting in January 2010 employees at Foxconn an electronics manufacturer in China began to take their own lives in an attempt to bring attention to the poor working conditions‚ overcrowding‚ and long work hours (Daft‚ 2012‚ p. 108). These events are an example of actions or events that can originate within the international dimension
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Apple and Foxconn Stimulus Material Apple is one of the world’s leading producers of mobile devices with a strong reputation for product innovation and high customer loyalty. In 2009 it was widely reported that Apple’s Chinese-based suppliers were using child labour in several of their large-scale factories. At the largest factory – Foxconn – a growing problem of employee suicide was also reported which was blamed on unethical management approaches. Apple was heavily criticised for its standards
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