1. Transparency

    Apple Factories to Get Outside Audit

    Employees of Hon Hai Precision Industry Co. Ltd. work along a production line in the Longhua Science and Technology Park, also known as Foxconn City, in Shenzhen, China, on Saturday, Sept. 4, 2010. Foxconn Technology Group Chairman Terry Gou cut his long-term growth target for the world's largest contract manufacturer of electronics by 50 percent as demand for Apple Inc. iPhones and iPads fails to offset slowing computer sales. Photographer: Thomas Lee/Bloomberg via Getty Images

    Thomas Lee, Bloomberg News / Getty Images

    Following recent reports and protests over inhumane working conditions at its Chinese suppliers, Apple has asked an outside organization to audit its plants. Until recently the company has strongly resisted divulging information about its suppliers. The move is designed to forestall the kind of public-relations disasters that hit Nike, Gap, and other companies. In fact, the auditor, the Fair Labor Association, was formed out of a task force created by President Clinton and apparel companies, including Nike, to help combat child labor. Critics say the association isn't independent enough, but other analysts say the move could result in greater transparency throughout the industry.

    Read it at The New York Times