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Wednesday, February 27, 2019

Global Corporate Citizenship Essay

1. Do you think that apple has demonstrated international corporate citizenship, as defined in this chapter ? why or why not ? Global corporate citizenship means that companies must not single be diligent with stakeholders only if stakeholders themselves alongside government and civil society. Since companies forecast on global development, which in turn relies on stability and increase prosperity, it is in their direct interest to help improve the state of the world. When orchard apple tree investigated and found some violations of its supplier code of conduct, which it had introduced in 2005. The following course, the c every last(predicate)er published its first annual supplier responsibility progress report, I think Apple demonstrated global corporate citizenship. Apple admitted its violations and did everything in its power to correct them. By 2011, Apple had inspected nearly 400 suppliers and had complete 11 for serious violations.2. In its response to problems in its co ntract factories, do you think Apple moved through the shows of corporate citizenship presented in this chapter ? Why or Why not ? _ Corporate citizenship is a term use to describe a companys role in, or responsibilities towards society. So in Apples situation, it has moved through the elementary stage because at first it seemed they were not concerned the citizenship. During peak production periods, all three factories had exceeded the mandated limit of 60 hours of depart per day, and many employees had been required to work more than 7 days in a row not receiving fair pay for overtime, unsafe conditions. Then Apple went through engaged stage, it turned to Social Accountability International and announced it had joined the bewitching Labor Association. This is because Apple became awargon that they needed to change public expectations. To defecate sure all contractors abiding the code at Apples request and with the companys financial support, the FLA immediately undertook the m ost encompassing audit ever conducted of conditions in Chinas electronics supply chain. 35,000 workers fill up out anonymous questionnaires about their experiences. This process means that Apple is in the innovative stage and they continue in the process of auditing and tracking improvements.3. What are the advantages and disadvantages to Apple of using its have company-specific supplier code of conduct, rather than a global code, suchas those discussed in this chapter? Apples provider Code of conduct was already one of the toughest in the electronic industry, but it have made it even stronger. And its ensure compliance by conducting hundreds of audits per year worldwide. Its efforts span the entire range of its supply chain from the manufacturers of tiny components to the facilities that entrap its final products.4. What are the advantages and disadvantages to Apple of using and independent third-party auditor, rather than imprecate on its profess internal audits? The advant ages of bringing in a third-party blotto are numerous. Investigative auditing firms employ accountants who do this work on a regular basis. As such, they know what to look for. Another advantage is impartiality. An exterior fact-finding auditor who has no personal or professional kind with your employees is likely to conduct the audit in an impartial manner. This is important, as these investigations plunder lead to criminal prosecution. Thus, relying on an internal accountant to find malingerer or theft might place him in an uncomfortable situation, which raft affect morale.The FLA can certainly claim to be more independent. It conducts its own audits and requires members to disclose the results. And it also has a third-party auditor re-audit some of its own inspections to show sure progress is being made on fixing violations. If so you have an accountant trained in investigative auditing on staff, it makes perceive to use your own forensic accountant in the investigati ve auditing process. The domineering side of this is that it gives you more suss out over the dissemination of information. It is typically harder to control dissemination of information when an outside firm is involved. Another disadvantage is cost-related. Hiring an investigative auditing firm is typically far more expensive than using your own investigative accountant.

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