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Formal Letter

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Submitted By louis951
Words 320
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Letterhead

October 30, 2015
Subject: Apple Inc. Ending Business Relationship with Foxconn

Dear Shareholders:

As one of the Board of Directors at Apple Inc., it is my duty to address concerns over the ending business relationship with Foxconn. In light of unacceptable working conditions at a Foxconn facility, a decision has been made to assure that our company will cease to violate any breach of human rights in the future. The matters at issue are stated below:

* Unacceptable working conditions * End of outsourcing production

In 2010, it was reported that Foxconn employees were subjected to unacceptable working conditions such as low wages, long hours, poor ventilation, psychological abuse, and punishment for mistakes. Derailing employees to the magnitude of committing suicide, we formerly pressed Foxconn to make changes to these unacceptable working conditions by conducting audits at their manufacturing facilities. To our dismay, an FLA (Fair Labor Association) report stated that Foxconn failed to improve their working conditions. As a result, our business relationship with Foxconn has been promptly discontinued.

This discontinued partnership will affect Apple Inc. in many ways, such as in profits and future product manufacturing costs. Reason being, we have decided to stop outsourcing production to not only Foxconn, but to all of our foreign partners. We strongly believe this recently developed policy decided upon by the Board of Directors will further our economic prosperity, guarantee the renowned reputation of Apple Inc., and set an example to other corporations who practice unacceptable working conditions. Although this new change will affect profits and future product manufacturing costs, it will surely guarantee our reputation as a company who cares for ethical human rights and the good health of our employees.

In regard to our shareholders, we anticipate that these decisions are acceptable in your opinion and we continue to receive your support. Please feel free to contact me with any questions regarding our discontinued partnership with Foxconn.

Sincerely,

Signature

Student

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