Ask a question from expert
Responsible Business Principles
9 Pages2711 Words49 Views
Added on 2021-06-18
Responsible Business Principles
Added on 2021-06-18
BookmarkShareRelated Documents
Principles of responsiblebusiness 0 | Page
Table of ContentsCore values..................................................................................................................................................2Apple case study..........................................................................................................................................2Kantianism..................................................................................................................................................3Application of Kantianism in the case study................................................................................................4An alternative way to deal with the issues of case study.............................................................................5References...................................................................................................................................................71 | Page
Core valuesCore values are defined as the underlying values and principles of a person or an organizationwhich guides their behavior and their decision-making skills (Arocha, 2017). Core values of anorganization play a crucial role in developing their brand image, brand awareness and build aloyal base of customers. I identified my core values as integrity, responsibility, freedom,positivity, and belonging, along with these, I think discipline is one of the core values thatmotivates a person or an organization to achieve overall success. I think that being honest andloyal is crucial in order to achieve success in life or run a successful business. Learning from themistakes, I have decided to hurt someone by telling lies to them or participating in wrongactions. I am willing to take responsibility for my own actions and their consequences. I believein personal freedom and I think everybody has a right to decide for themselves independently.Positivity encourages a person to achieve new accomplishments and allows an organization todrive towards more productivity (Beiser, 2014). Belongingness plays a crucial factor indetermining success in a person in all stages of their life. I think discipline plays a crucial role inshaping the behavior of the person encouraging him to achieve new accomplishments. Apple case studyManagement of Apple Inc. has decided to apologize for deliberately slow down the processors ofiPhone 6, 6s, SE and iPhone 7. Due to this, the batteries of these iPhones are not performing totheir fullest capacity. To solve this problem the company has decided to reduce the prices ofiPhone batteries so that their customers can replace them for affordable prices (ABC News,2017). US customers can replace these batteries for 29 dollars instead of 79 dollars. Apple Inc. has slowed down the speed of the processors of their iPhones to increase the batterylife of these phones. However, they have decided to decrease the cost of replacing old batteriesand allow their users to check the health of their phones (Bowie, 2017). They are bringing asoftware update so that the customers evaluate the performance of their devices. The management of Apple Inc. has the core value to develop excellent quality products for theircustomers and they follow the principles of self-honesty. In this case, the management did notfollow the principles of self-honesty in their behavior (Levine, 2016). First, they admitted to2 | Page
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Principles of Responsible Business - Doclg...
|9
|2711
|26
Business Ethics: Analysis of Apple's Battery Gate Caselg...
|12
|3496
|132