business presentation project 1
DESCRIPTION
Business presentation Project 1TRANSCRIPT
The Hidden
DRAGRON
Founded in 1974 with US 7500 FOXCONN launches electronic company Hon Hai Precision Industry FOXCONN works with all the biggest company in
the world
Company Background
Found by CEO of Apple and FLA ( Fair Labour Association) in the past 11 years.
Slavery and suicide in Foxconn: ◦ Long working hours ( work week 60 hours)◦ Poor working condition & living condition◦ Less salary ◦ Rights being violated
Introduction
Negative Impacts
Accused exploiting workers◦ Forced to work with no pay
Providing Sexual Service◦ Low salary - engaging in sexual services after
their daytime jobs end to earn more money.
Current Effect:
Effect Apple’s product (embarrassment)◦ Damage brand reputation
Boycott by customers◦ Customers will more keen to other products
Future Effect
Causes
240 hours per month + 40-60 overtime hours per month
Long working hour
monthly working hour
overtime per month
0
50
100
150
200
250
300
China legal hourFoxconn
New comers RMB 1350- Lower than Shenzhen government's mandated
minimum monthly wage requirement of RMB 1500
Average RMB 1650
Low salary
Working area poor ventilated
Dusty air condition
Poor working condition
Uncomfortable living condition*Compact living condition
*randomly dormitory reassignment- breakup friendships , increasing isolation
14% worker not receive fair compensation for unscheduled overtime ( 30 mint increments)
Silent mode -workers are threaded with termination if they
talk on job
Rights being violated
Solutions
creating a compensation *agreement with employees that protects them from losing income caused by a mandate for less overtime
Foxbot:*to replace human employees *to improve the output efficiency
Solutions
Pre 2010 2010 2011 2012 20130
2
4
6
8
10
12
Male Female
Number of suicide employee from pre 2010 to present
Peckham, M. (2013). Report: Over 1,000 Chinese Students Forced to Build PlayStation 4 at Foxconn Plant to Graduate.Time.Com, 1.
(29 July,2013). Apple faces new China worker abuse claims. BBC News BUSINESS . http://www.bbc.co.uk/news/business-23486638.
(2012, October 17). under age foxconn hires teens. Evening Standard. p. 41.
FOXCONN GIVING WORKERS A RAISE. (2012). City AM (London), 15.
Foxconn suffers from an explosion at its plant (Foxconn suffers from an explosion at its plant). (2011). ecPulseRegional Business News, EBSCOhost .
Investor's Business, D. (2012, September 25). A Foxconn. Investors Business Daily. p. A02.
sacom2005 (2013 , February 24). Those Were the Years, When I Was at Foxconn. Reterived October 27 , 2013 , from http://www.youtube.com/watch?v=lhf0tgtXd8c
Mschef26. (2011). Foxconn [PowerPoint slides]. Retrieved fromhttp://www.slideshare.net/mschef26/foxconn-10474294?from_search=1
Stupidmartinez. (2011). Foxconn [PowerPoint slides]. Retrieved from http://www.slideshare.net/stupidmartinez/foxconn?from_search=2
References
Holbrook, E. (2010, November). Beneath the Bell Jar: Companies Confront a Rise in Workplace Suicides. Retrieved from http://www.questia.com/library/1G1-241945227/beneath-the -bell-jar-companies-confront-a- rise-in
Hughes, Rick, K., Andrew, C., Cary, L. (2012). Workplace Trauma . Retrieved from http://site.ebrary.com/lib/taylorscollege/docDetail.action?p00=foxconn&docID =10575591&page=102
Adams, S. (2013). Apple's New Foxconn Embarrassment. Retrieved 20 October, 2013, from Forbes: http://www.forbes.com/sites/susanadams/2012/09/12/apples-new-foxconn-embarrassment/
Hays, J. (April, 2012). APPLE AND FOXCONN: WORK CONDITIONS, PROBLEMS AND CHANGES. Retrieved 20 October, 2013, from Facts and Details: http://factsanddetails.com/china.php?itemid=2282&catid=9
Holden. (24 September, 2012). Will Foxconn Labor Issues Have Manufacturers Considering China Exit?
Retrieved 20 Ocotober, 2013, from Analysis Intelligence: http://analysisintelligence.com/news- analytics/will-foxconn- labor-issues-have-manufacturers-considering-china-exit/
Xu, K., & Li, W. (2013). An Ethical Stakeholder Approach to Crisis Communication: A Case Study of Foxconn's 2010 Employee Suicide Crisis. Journal Of Business Ethics, 117(2), 371-386.
doi:10.1007/s10551-012-1
522-0
(11 October,2013). Foxconn admits labour violation at China factory. BBC News BUSINESS .
http://www.bbc.co.uk/news/business-24486684.
References