Question

In: Economics

Child Labour is one of the main ethical problems that can affect the future of any...

  1. Child Labour is one of the main ethical problems that can affect the future of any company. Discuss how Apple functioned to solve in detail.                                                                                                     (min 100 words – 3 marks)

Solutions

Expert Solution

Recent news it was explored that there are 106 underaged child labors are working in different factories of Apple brand in China. Is this news outbreak Apple's chief executive Tim Cook criticized and stated about the extremely rare case. He stepped up with measures to weed out a bad practice like an independent auditor, the Fair Labor Association.

According to him, underage labor is a subject no company wants to be associated with. Jeff Williams, senior vice president of operations at Apple. He vowed to eradicate the practice but said it could take some time.

Strong action has taken against the child labor suppliers and they instructed to do the necessary actions, the children were returned to their families. The employer been instructed to take care of expenses to facilitate their successful return. Overall 95% of the facilities scrutinized by Apple complied with child labor laws, they are been facilitated with education and giving them an income equal to their factory wages.

In overall, the company had taken a lawful step to justify the situation.


Related Solutions

Any recent examples of firms facing ethical or corporate social responsibility problems?
Any recent examples of firms facing ethical or corporate social responsibility problems?
List and explain the four main pricing practices where ethical problems are likely to arise
List and explain the four main pricing practices where ethical problems are likely to arise
How pervasive are ethical problems in corporate America? What can be done to enhance ethical conduct...
How pervasive are ethical problems in corporate America? What can be done to enhance ethical conduct at the executive level? Keep in mind the reporting structure of corporations and business today!
Investigate the main elements that can affect the performance of the trebuchet.
Investigate the main elements that can affect the performance of the trebuchet.
Do you see any potential ethical issues in the future if gene editing continues?
Do you see any potential ethical issues in the future if gene editing continues?
How big data supports Fintech credit scoring? Will that raise any ethical problems? Any law enforcement...
How big data supports Fintech credit scoring? Will that raise any ethical problems? Any law enforcement on that?
How big data supports Fintech credit scoring? Will that raise any ethical problems? Any law enforcement...
How big data supports Fintech credit scoring? Will that raise any ethical problems? Any law enforcement on that? (1 mark) Comparing the emerging of derivatives innovations decade years ago and Fintech, are there any similarities, dissimilarities? Do you think Fintech will replace derivatives’ role, or it will complete derivatives’ role? (1 mark) Please search case study “Orange County Bankruptcy” in Google. First, do some self-learning, and then write an essay to give me some directions on: Who is Robert Citron?...
How can COVID-19 crisis affect in the future of globalization?
How can COVID-19 crisis affect in the future of globalization?
Suppose there exist two labour markets — one for low-skilled, and one for high-skilled workers. Any...
Suppose there exist two labour markets — one for low-skilled, and one for high-skilled workers. Any low-skilled worker can become a high-skilled worker by investing in education, the cost of which is c. (a) What, if any, wage gap would exist between low- and high-skilled workers in equilibrium? Explain. (b) Now suppose that an improvement in technology raises the productivity of low-skilled workers. Explain the process by which the markets would adjust to a new equilibrium.
What are the main issues associated with marketing to children? Has Hasbro crossed any ethical boundaries?
What are the main issues associated with marketing to children? Has Hasbro crossed any ethical boundaries?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT