Saturday, May 4, 2019

Stakeholders Assignment Example | Topics and Well Written Essays - 500 words

Stakeholders - Assignment Exampleent (which until his demise was being held by its founder Steve Jobs) has to run the partnership meticulously in order to maintain such profits and replete their stakeholders.Recently however, the smart set has been having ethical issues with their clients, the latest being that their iPhones iOS is pulling out manoeuveres from the proprietors address book without their permission. This is a breach of privacy and security that be supposed to be enjoyed by the owner of the iPhone. A breach of privacy is one of the worse ethical codes to happen.The company has also been receiving criticisms due to their attention contracts where they thus far have child labor in their numerous company factories. It also has environmental malpractices as well as business ones. These are not only ethical but also sound issues that can bring the company down if nothing is done to combat them.The different stakeholders in the company pass on be affected differently by all these legal and ethical misconducts of the organization. The shareholders of the company will lose money once the company sugars dropping in market share. Some will even sell their shares and this will start sinking the company. Apple has over 70% of its shares being held by inception and mutual fund owners (Gustin 2012), hence when they decide to sell their shares, the company will go under. at a time the company starts losing its revenue and profits, the other stakeholders to be affected are the employees in the company including even the company workers. in that respect will be massive layoffs in a bid to avoid incurring more loses and separate out to save a little to help the company recover to its glorious position.The companys investors who are also among the stakeholders will also start pulling out to go invest in some other company that is not marred by ethical and legal misconduct and may soon start paying damages in court when lawsuits start being filed as a re sult of the misconduct. Once the investors pull out, that is the beginning of

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