Ethical Company

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  • Topic: Business ethics, Ethics, Computer
  • Pages : 4 (1430 words )
  • Download(s) : 137
  • Published : February 4, 2013
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Ethical Company Paper
IBM (International Business Machines) is the world’s largest information technology Company in terms of revenue and by most other measures, a position it has held for about the past 50 years. IBM manufactures and sells computer, hardware and software, and it offers infrastructure, hosting and consulting services in areas ranging from mainframe computers to nanotechnology. IBM derives revenue from a range of consulting and outsourcing services. With the advent of the low-cost microchip, the personal computer, distributed computing, open rather than proprietary standards, and the Internet; IBM has seen its position of dominance challenged as the world of information technology no longer revolves around a single company. Investors and competitors continue to be impressed by IBM’s long established base of customers and was the third-largest publicly traded technology company in the world, in December 2011, by market capitalization (Woodrow, 2002). In 1911, IBM was founded as the Computing Tabulating Recording Corporation through a merger of three companies, that is; the Tabulating Machine Company, the International Time Recording Company, and the Computing Scale Corporation. The name International Business Machines was adopted in 1924, also know as Big Blue. IBM holds more patents than any other U.S. based Technology Company, and has nine research laboratories worldwide. IBM has over 4 millions employees serving clients in over 170 countries including scientists, engineers, consultants, and sales professionals. Its employees have garnered five Nobel Prizes, four Turing Awards, nine National Medals of Technology, and five National Medal of Science (IBM, 2012). In 2010, IBM employed 105,000 workers in the U.S. which dropped 30,000 since 2003 and 75,000 in India, which went up 9,000 since seven years previous. In 1914, the CEO of the company boosted company spirit by creating employee sports teams, hosting family outings, and...
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