Ethical Issues and Corporate Governance in Apple Inc.

Business report

EXECUTIVE SUMMARY
Apple Inc. had the law suit that they deliberately slowed down the performance of
their old phone such as iPhone 6, 6s, and 6s Plus so as to switch their existing customers
towards their newly launched phone with the view to earn more profits and to sell their
premium rage phones in the market. The company admitted that they deliberately slowed
down the speed of their phones as their aging lithium batteries were not that much capable to
hold that much power which were put on the devices. Further in order to deal with this
conspiracy the company decreased prices of lithium batteries from £79 to £25 which was
movement through which company tried to push their better image in front of their
customers. This report includes analysis of this issue of slowed down IPhones’ and
movement to solve this issue by Apple along with this corporate governance movement taken
by company is also a major part of following report.

Table of Contents
PART 1.......................................................................................................................................2
INTRODUCTION......................................................................................................................2
MAIN BODY.............................................................................................................................2
Ethical issue of Apple Inc......................................................................................................2
Ethical issue handling by Apple Inc.......................................................................................2
Corporate governance............................................................................................................4
Corporate governance practices followed by Apple Inc........................................................4
PART 2.......................................................................................................................................5
Normative theories.................................................................................................................5
Descriptive theories................................................................................................................6
PART 3.......................................................................................................................................6
Ethical practices affect Apple’s internal stakeholder.............................................................6
Ethical practices affect Apple’s external stakeholder............................................................7
CONCLUSION..........................................................................................................................8
REFERENCES...........................................................................................................................9