'Case study: Apple iPhones – Not “Made in America”\r'

'What is meant by the internationalization of homosexual capital? Is this learned as firms adjoin their spheric operations? The globalization of human capital refers to the fact that employees be now spread bulge crosswise the world by their employers. This including, the companies, employed, unemployed, stockholders, consumers, contractors, supply chain, firms and economies. Companies branch go forth beca call labor woos atomic number 18 cheaper and productivity is faster.It is inevitable if firms increase their global operations because every rustic has whateverthing different to offer, something new, and with step up the current innovation beingness promoted to the market, the union will start to lose its edge on competition. 2. How does this case illustrate the threats and opportunities facing global companies in developing their strategies? Cost and Human Capital is the al around important consideration for Global Companies. When President Obama’s inqui red about apple brining the job back to US, it was a lot not possible for orchard apple tree.The break down in the case study was that it cost a meat of $179 to piss an IPh matchless and it retailed at $500 leaving a profit of $321. This would mean more profit for the global comp any. For Global company terms and profit is the most important consideration to stay competitive. They can use the cheap labor in other countries to be price competitive This gave the perception that orchard apple tree did not headache about its country. It as well gives the perception of edacity which a global company can face. 3. comment on the apple executives assertion that the companys sole(prenominal) when indebtedness is making the best product possible.â€Å"We dont watch an duty to solve Americas problems. ” All though it is a uncut comment but I remember it makes sense. orchard apple tree is a Global company with its offices around the world. It is in business to make money. It is not possible for Apple to solve America’s problem. Apple is that trying to be the best company out there in order to be on top with innovation and success. It is not Apple’s responsibility to solve America’s problems with recitation; their responsibility is to form the best product. 4. Who are the stakeholders in this situation and what, if any, obligations do they have?There are two stakeholders in this situation and they are: the companies Apple and Foxconn as well as the Chinese government. Apple has obligations to their employees both domestic and global. They need to be remindful that a corporation is only as ethical as its products as well as, its image. They need to be mindful that since its headquarters are in the join offers, it should do all that it can to maintain a positive image. It is also important to make incontestable that the products they sell are quality products while property the price as low as possible. Foxconn has a stake i n its people and the products they export.The unfair and vicious working conditions forced the government to step in. Foxconn also needs to be mindful of the issues presented previously for Apple (the difference they are headquartered in China). The fact that labor violations were taking place, China’s government had an obligations to its people. They need to protect their citizens from hazardous work conditions and hold Foxconn responsible for their actions. 5. How much extra are you vigilant to reconcile for an IPhone if assembled in the United States? Personally I sense of smell that the IPhone is already over price as is. The fact that they make $321 of profit off each(prenominal) mobilise is ridiculous.If the phone is fully assembled in the United State I do not feel the price of the phone should increase at all. There are many products that are specifically made in America that cost the same keep down as their global counterparts. Clothes are an example, all th ings being equal, a tee shirt made overseas cost relatively the same as a t-shirt made in the US. Why should an IPhone be any different? I feel that although the profit from each phone would be decreased, they would sell the same amount of phones if not more. 6. How much extra are you prepared to pay for an IPhone assembled in China but downstairs better labor conditions or pay?What sort of trade-off would you make? This also deals with the question previously asked. I have not changed my stance on IPhone; however, if they were to charge more to have it assembled in China, wherefore couldn’t or wouldn’t they just produce it in America. It would not make sense if they had to increase cost to better working conditions in another(prenominal) country. I gestate it would be cheaper to bring some of the laborers here to the US and open a lay out here. 7. To what extent do you think the negative media insurance coverage has unnatural Apple’s recent decisiveness to ask the FLA to do an assessment and the subsequent finale by Foxconn to raise some salaries?What do you think will happen now? I believe that the negative media coverage has inspired Apple to be more cautious about their corporate image. Subsequently, it affected their way of thinking so that they had to ask for an FLA assessment. They could ill-afford to go to be seen in a negative deject and heartless. They already stated that â€Å"They don’t have an obligation to solve America’s problems, only to make the best product possible”, aft(prenominal) the unfair working conditions and labor violations were discovered it only added to the idea that the company was greedy and didn’t care about their employees.Foxconn took pride in being one of the country’s most effective and cost-effective manufacturers. It could not allow the perception that they were running a â€Å"sweat shop” in which their employees were working 60 hours a week for little pay. The employee suicides did not assistance company’s image. They had to raise some salaries in order to save face in the unexclusive eye. Also, both companies had to show that although mistakes happened, once they were discovered they were hardened quickly. I believe now that the story is out they will have many follow up inspections to insure that both companies never come to a lower place scrutiny again.\r\n'