Darren Xu's Blog

The recent iPhone 6 release has been a huge success, however, it has also been problematic especially for local society majorly due to glitches between buyers in the chaotic line up. Long before the release Apple fans had already been anticipating this promising product, and the release had finally pushed the wave to its peak. Hours, or even a day before the release, tons of Apple enthusiasts had already taken their places in the local Apple Store lineups. With the frustration from long waits and the lack of sleeping people were roused up; to be specific some buyers even started to fight over positions of the lineup. As a result, some troublemakers were arrested or restrained. Aside from the Apple fans who longed for iPhone 6, a group of “re-sellers” have contributed to the chaos. Prices of iPhone can ranges from around $800.00 to $1000.00, and re-sellers drive the price to $3000.00 or even $4000.00. Many people see it as an opportunity to earn quick cash, and it definitely is considering the substantial amount of profit that can be gained from reselling. This profit is insane!

While the crazy demand and price for iPhone 6 skyrockets, bystanders may begin to question the issue of overprice. Is it worth it to spend a fortune on an Iphone? While the debate currently taking place a devastating concern for the quality of the Iphone 6 had broken out. Customers had reported that under daily use (carrying the phone in jeans) the Iphone 6 seems to bend. When put under tests, the iPhone 6 does exhibit tendency towards malleability.

There is no doubt that the Apple team has marketed well and constructed a high standard of value proposition which is reflected by the insane response of buyers, however, is it worth it to spend $1000.00 on a phone that may shape-shift just within days of use?

http://www.cbc.ca/news/technology/apple-iphone-6-lineup-fights-flare-amid-accusations-of-reselling-to-china-1.2775063

http://www.huffingtonpost.com/2013/01/15/nike-indonesia_n_2481236.html

Exploiting local corruptions to lower manufacturing cost has always been an unethical business practice. Nike, for instance, has always been linked to these scandalous accusations. By using Indonesian military forces Nike intimidated factory workers into accepting lower pays. This socially irresponsible action demonstrated the exact opposite of ethical business practices. This was not the first time Nike had been accused of operating out of bad faith overseas. The issue of using local corruption has always remained unresolved.

Many may criticize Nike and empathize with the unfortunate victims who fall under the control of powerful yet unethical corporations. However, to almost all corporations, these actions are merely an efficient way to generate larger profit for shareholders. Some may not even care the fact that their benefits are based on the suffering of others. In a world where money talks, these unethical actions may not even concern the vast majority, including distributors who gain more profit and consumers who enjoy lower prices.

Questions on business ethics are always debatable; however, there will not likely be a conclusion which all parties involved will appreciate and follow.

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