https://blogs.ubc.ca/sarasalazar/2013/09/11/japan-and-the-deutsche-bank/
Updates from Wednesday 11th September, 2013 Toggle Comment Threads | Keyboard Shortcuts
-
sarasalazar
-
jian(Jane) zhang
Blog assignment #1
-
charlottechase
Blog assignment #1
Why you should care about Gareth Bale (even if you hate sports)
-
karyko
blog assignment #1
-
Jason Choi
Blog Assignment #1
-
boyachen
Canadian government has sent a proposal to US government at the beginning of this summer for acquiring further development in pipeline issue. However, in return, the president of America said that Canada should concern more about fighting carbon pollution to ensure further corporation. Indeed, the emission of green house […]
Continue reading Canadian government has sent… -
Kejia Li (Cindy)
Blog assignment #1
-
CarloCabahug
Modern day business leaders pledge to be “ethical”
20% of students graduating from Harvard in the year 2009, who are now active within their roles in the business world, have pledged to the M.B.A oath to work towards “the greater good” which is essentially a more ethical business world. Along with graduates from this prestigious school, other top universities such as Colombia University […]
Continue reading Modern day business leaders pledge to be “ethical” -
jingyahchang
Blog Assignment #1
Robots: Friends or Foes As the technological world advances, a new breed of robot is being designed to collaborate with humans in car companies such as GM, BMW and Mercedes-Benz. This concept is profit making to the companies because robots are more efficient and can operate faster in comparison […]
Continue reading Blog Assignment #1 -
keenanmanhas
Blog Post #1: https://blogs.ubc.ca/keenanmanhas/2013/09/11/att-apologizes-for-a-tasteless-911-tweet/
-
Yang Chen
Blog Assignment:https://blogs.ubc.ca/richardchen/2013/09/11/china-school-bus-is-a-big-safety-hazard/
-
avijitsingh
My blog – https://blogs.ubc.ca/avijitsingh/
Assignment 1 – https://blogs.ubc.ca/avijitsingh/2013/09/07/apple-injunction-analysis/ -
alexbutler
-
scottmarshall
blog assignment 1: https://blogs.ubc.ca/scottmarshall/2013/09/11/multinational-company-releases-unethical-advertisement/
-
Yash Multani
Apple Faces E-Book Restrictions
http://www.bbc.co.uk/news/business-23990485
An ethical decision is one that meets both legal requirements and shares ethical standards of the community. In this case, on both accounts Apple has acted unethically. Recently a US judge has restricted technology giants Apple for fixing prices of e-books which is also known as collusion. In most countries this is illegal and governments try to prevent and abolish this in order to protect consumers. This is because by colluding, the firms involved can come together to set the prices higher for the consumers to increase revenue earned. Furthermore, the consumers do not have many substitutes this cannot be negotiated and demand does not decrease thereby acting like a monopoly. In this case, an e-book that was typically priced at $9.99 on sites such as amazon rose to $12.99 or $14.99 (BBC).
We can say that this is an unethical decision as it affects the stakeholders of Apple and the other e-book retailers in a negative. The stakeholders that are negatively affected are the consumers as they have to pay a higher price for the same product that is not worth that much. However, this since there will be an increase in revenue due to the price increase, the shareholder and internal stakeholders will have benefits from this.
The consequences of this behaviour may lead to a decrease in customer loyalty as well as distrust that Apple does not have best interest in the consumers. These components can be very crucial in technological companies such as apple and may lead to consumers switching e-book retailers to such as Amazon.
-
charlespan
Blog Assignment: https://blogs.ubc.ca/charlespan/
-
cheralynchok
Reply
You must be logged in to post a comment.