APPLE Flashcards

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1
Q

How Many Employed?

A

Over 1 million indirectly worldwide

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2
Q

Positive Impacts - Nigeria

A

65,000 direct and 250,000 indirect employees in Nigeria
1/3 of Nigerias economy
Spent over $1 Billion on Nigeria’s infrastructure

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3
Q

Negative Impacts - China

A

Use China for cheap labour and then sell products made in highly developed countries
In China, average salary is only $9100
High working hours - can be roughly 70 hours a week
Long hours and accusations of child labour

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4
Q

How much is the company worth? Where does this rank it worldwide (companies)?

A

Worth over $2 Trillion
3rd biggest company in the world

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5
Q

Positive Impacts - Global

A

500 stores in 25 countries
Beginning to increase operations in lower developed countries - China and India

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6
Q

Negative Impacts - Global + Nigeria

A

50% of stores in the USA
14 suicides in one factory in 2010
In Nigeria, Vast majority of top jobs not given to Nigerians
Use developing countries for cheap labour and then sell products to higher paying highly developed countries

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