business presentation project 1
DESCRIPTION
Business presentation Project 1TRANSCRIPT
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The Hidden
DRAGRON
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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
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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
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Negative Impacts
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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:
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Effect Apple’s product (embarrassment)◦ Damage brand reputation
Boycott by customers◦ Customers will more keen to other products
Future Effect
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Causes
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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
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New comers RMB 1350- Lower than Shenzhen government's mandated
minimum monthly wage requirement of RMB 1500
Average RMB 1650
Low salary
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Working area poor ventilated
Dusty air condition
Poor working condition
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Uncomfortable living condition*Compact living condition
*randomly dormitory reassignment- breakup friendships , increasing isolation
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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
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Solutions
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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
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Pre 2010 2010 2011 2012 20130
2
4
6
8
10
12
Male Female
Number of suicide employee from pre 2010 to present
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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
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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
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