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1. What are the benefits to Apple of outsourcing the assembly of the iPhone to foreign countries, and particularly to China? What are the potential costs and risks to Apple?
2. In addition to Apple, who else benefits from Apple's decision to outsource assembly to China? Who are the potential losers here?
3. What are the potential ethical problems associated with outsourcing assembly jobs to Foxconn in China? How might Apple deal with these?
4. Do you think that the kind of outsourcing undertaken by Apple is a good thing or a bad thing for the American economy? Explain your reasoning
5. What kind of smartphone do you have? Why did you choose it?
6. Name one feature on a smartphone you would like to see improved or added. Why?
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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