Case Study:
How much they pay for auditors (Apple)
https://big4auditorcarousel.wordpress.com/2015/11/04/fortune-100-audit-fees-2014/
check this link above that talks about the audits being payed for auditors (Apple). You must add the financial data/numbers that you see in the link above that support that financial dimension part (the one attached below). Add two-three sentences of financial data/numbers supporting what is written below using the link above!
Financial
This dictates the current financial performance that is due to use of the current proposition. It is important to note that if a strategy is poorly received in the market, then the financial implication is poor performance in the market in relative to other organizations in the same industry. Therefore, apart from the ethical issues, the organization suffers a blow from poor financial performance and this is portrayed by poor sales turnover, declining profitability and low output level.
Poor supplier and vendor information with lack of ethical concerns adversely affects performance of the organization. Employee are not motivated to dedicate their time and service for the benefit of the organization hence due to poor working environment, ethical concerns makes it not possible for them to enjoy their work at the place with the outcome being low sales and profitability levels.
Additionally, Apple's ethical concern can result into increased liabilities that result in the organization compensating for damages that are not attributable to the profitability of the organization. Resultantly, low profitability and customer uptake are rife hence the organization financially performs dismally with its performance trend nose diving.
Furthermore, due to poor planning, the organization can result to over production but with minimal sales. This results to increased storage costs those results to increased costs that reduce the overall attributable to the organization. The net effect on financial operation performance is the increased operating losses and low supplier uptake.
However, the adoption of the new mode results into increased productivity. Creating an excellent working employment motivates employees hence they work towards meeting their goals. Working on the organizational concerns, employee productivity is adversely affected by poor ethical concerns of the organization hence all the policies that should be adopted should be compliant to ethical regulations resulting to improved productivity in terms of compliance and reduced liabilities and profitability being at peak always.
Note: the topic is:
We are a group of workplace safety consultants hired by Apple Inc. to assess the persisting issues regarding worker safety in outsourced production facilities, specifically in China, at Pegatron factories.