There are lots of issues that associated with ethical controversy in today’s business world. Indeed, some of the large corporations tend to practice in unethical activities to maximize their profits. In the recent news conference, Apple Inc. has announced to released a brand new iphone; however, the disgrace truth behind the fashionable, modern mobile devices is the abuse of cheap labor in china.
According to the article, the manufacture factories in china are forcing the workers to work beyond the working hour limit. Also, the new employees are forced to sign the contracts declaring that any overtime hour would count as voluntary.
From an ethical point of view, I believe that Apple should not take advantage over labor’s basic human right to gain profit. While people in developed countries are having a good time using a brand new technology, the people in developing countries have to suffer severe working conditions to meet basic living standard. For me, it is brutal and not ethical at all. In addition, from the economic point of view, I think the company that takes advantage over cheap labor only can gain profits in short term, not long term. In the short term, it can decrease cost of supply and produce product more efficiently; however in the long term, it may ruin brand’s reputation thus decrease customer’s loyalty and demand.
To comment on saheel mistry’s Blog, I strongly think that it is not ethical to “buy” a spot in university. Perhaps university can gain some goods through this immoral way but as the long term effect it will significantly destroy school’s value.
sources:
Yan, Sophia. “Apple faces new China labor allegations.”CNN MONEY 06 09 2013, n. pag. Web. 28 Sep. 2013. <http://money.cnn.com/2013/09/06/technology/apple-china-labor/index.html>.
“Apple faces new China worker abuse claims.” BBC NEWS29 07 2013, n. pag. Web. 28 Sep. 2013. <http://www.bbc.co.uk/news/business-23486638>.