of this assignment I will use the Nike Company to highlight its unethical practices. Despite the popularity of Nike in the American market, it has been accused of exploiting employees abroad. The corporate social responsibility stipulates that a company should maximize its profit and minimizes its cost in operations and manufacturing, also at the same time benefit the community it operates in. This paper will further elaborate on the global strategy employed by Nike Company as it outsources its goods
Established by founders of Nike, Phil Knight and Bill Bowerman have established and maintain an internal ethics standard across the global community (Nike, 2011). Nike, wanting more profit became a global company and outsourced to suppliers in third world countries. Nike manager’s promote Ethics Training for employees on a yearly basis and has established a global toll-free alert line for employees to report suspected code of ethics violations in the global community (Nike, 2011). Experiencing more
global advancements that have been made within a mere decade are astonishing, let alone what has yet to be constituted. Although not only the United States, but the entire world has globalized, it’s been proven that first world countries have an advantage in being able to heighten themselves quickly, opposed to third world countries that trail behind. Former U.S. Secretary of State, Henry Kissinger, stated, “What is called globalization is really just another name for the dominant role of the United
briberies. In one case an employee award a contract to a subcontract and received 20 percent of the amount of the contract awarded for personal use. Halliburton and KRB executives were also, charged with paying bribes to Nigeria and other third world countries like Malaysia, Egypt and Yemen in order to secure construction contracts and equipment sales. Both employees were terminated for their unethical behavior (Miller, 2008; Brown, 2011; Hensel, 2010; Cleveland, Favo, Thomas & Owens, 2009). According
members so they know what the analysis does for us and why it is important. Such as, Strengths Strengths are characteristics of the company that give the business a competitive advantage over others. Nike has a strong international brand in which everyone recognizes it from their logo. The logo can be presented by itself without the name and everyone will know what it is. This is a huge, competitive strength that Nike claims. Expanding their product is something else Nike is really good at.
Analysis: Nike Introduction Nike was established in 1972 by Bill Bowerman and Phil Knight. These two men were visionaries. The goal for Nike was to carry on Bowerman’s legacy of innovative thinking by helping every athlete reach their goal or by creating lucrative business opportunities that would set the company apart from any competition. This included providing quality work environments for all who were employed by Nike.
Corporation Case Study: Nike What is it? NIKE, Inc. is the world’s leading innovator in athletic footwear, apparel, equipment and accessories. Before there was the Swoosh, before there was Nike, there were two visionary men who pioneered a revolution in athletic footwear that redefined the industry. Nike Employees Nike Employee Networks are designed to help Nike move toward greater diversity. In the U.S., six employee networks focus attention on important communities within Nike. The intended role
Nike SWOT Analysis (Strengths, Weaknesses, Opportunities and Threats) Strengths - Nike is one of the main shoemaker in the world. It designs and sells shoes for a big variety of sports including basketball, baseball, golf, soccer, volleyball, tennis, football and running. - Nike is strong at research and development, as is evidenced by its evolving and innovative product range. Its products go through a rigorous quality control before they go to market. Despite the cost to keep a high-level
Part 2 - How to Make Supply-Chains Sustainable? Introduction The super brand Nike produce approximately 900 million units of apparels and footwear annually through the supply chain involving over 16,000 selected materials from more than 1,500 different vendors, chosen from a staggering 80,000 material options (Nike, Inc. FY12/13). For example, a single pair of shoes can be made up of 30-plus materials on average (Nike, Inc. FY12/13). These materials include natural fibers such as cotton and wool
Nike Sweatshops With a slogan of “Just Do It,” Nike is known all over the world for its products ranging from apparel to shoes. Receiving recognition and sponsorship from various celebrities and athletes including Michael Jordan, Nike’s brand is generally associated in a positive light. However, the brand itself, variety of products, and numerous sponsors exist as only a few aspects of this continuously expanding brand. Another aspect to consider when addressing the overall existence of a product