Assignment 2 - Business Scenario Example | Topics and Well Written Essays - 1000 words

2 - Business Scenario - Assignment Example Apple became a Global compact signatory after realizing the brand and reputation toward being a participant of the compact principles. Moreover, interest grew due to the rigorous enforcing in its standards and taking proper action directed by regulatory mandates of the UN in those companies that were futile in meeting the standards of the mandate2. The principals center on areas of labor, human rights, the environment and issues pertaining to corruption. Apple fights to follow the principles to the latter, hence embraces and promotes within our global share of the market place the statutory mandate of these principles. Our company has encouraged the invention of environmental friendly products to our customers. Moreover, in the realization of the tenth principle Apple works tirelessly against the norm of all forms of corruption, for instance bribery and fraud among others. Developing technology in order to enhance protection of the environment is a fundamental issue in the drive of p romoting principle nine (9) in the UN global compact device. Apple devices less pollutant devices that are unlikely to pose adverse effects the environment. Our industry utilizes the process of recycling resources due to the sustainable usage of resources while handling the wastes in a satisfactory manner. Due to the success of these processes applied in my company, I propose favorable recommendations to the Local Network companies. Firstly, the network companies can utilize a variety of a number of cleaner processes that ensure no harm to the environment. The companies can implement corporate policies on the use of environmental safe products. Designing technologies for the long-term and sustainability, by reconstructing company research and development is a vital means of accomplishing the compliance with principle 9 and 10. Stakeholders are an essential part of any organization as they enhance the production of resources. Therefore, Network firms must engage the stakeholders in e very decision pertaining to the compliance of the two principles. Engagement of stakeholders is achievable through directing information to them. These details are those that cover on the environment aspect of performance and the advantages of using such technologies in the market. The use of ‘Environmental Technology Assessment’ (EnTA) plays a significant role in ensuring environmental safety. It entails to provide Network firms with a structured approach in assessing the consequences of technology to the environment, and therefore, offers a blueprint on the inventions that companies can manufacture. Network companies must communicate with partners and competitors to ensure the availability of best technologies to the entire industry. Many firms work with contractors when offering tenders in the early stages of production, hence these firms must promote tenders that stipulate least environmental danger. Corruption is a vile to the Network industry. In order to battle c orruption I recommend a number of strategies that were in the application at Apple Company, in the process of implementing the h10th principle. An internal assessment of the network organization and establishment of anti-corruption policies within the firm is the first step to curb corruption. The policies should cut across all the administration and employees without bias while stretching to the entire firm’