Wednesday, October 30, 2019

Compliance of Apple Inc Research Paper Example | Topics and Well Written Essays - 1000 words

Compliance of Apple Inc - Research Paper Example Companies have shifted their operations to developing countries in order to curtail their costs and improve through economic ways. With such an approach, businesses have saved heavy taxes that could be imposed while operating in their homelands. The Economic factor is most influencing for the businesses as it directly affects revenues and profitability. Apple Inc has suppliers from China, India and other parts of the world that serve the company virtually or provide the required hardware, supplies, etc. The company has to assure compliance with standard ethics and variable economic obligations that exist in each country. It attempts to choose most reputed suppliers from around the globe so that economic and legal compliance may not be compromised while quality is maintained throughout operations (King, 2011). In the present era, societies are driven through global values and the gulf between different societies is contracting due to expanding embrace of international social values. H owever social circumstances differ geographically (Zylla, 2013). Apple Inc behaves as socially responsible entity and endeavors to aid workers as and when required to bring them in pace with the rapidly changing dynamics of the world. Apple does not allow the suppliers to overburden employees and limits the working hours per week so that they stay in good health and work efficiently in the long run. The company attempts to educate manpower of its suppliers through SEED (Supplier Employee Education Development) program.

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