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
Nike is sold in 40 foreign countries and has more than140 stores in the United States alone. Nike is always implementing new styles to fit the needs of the market and their “Just Do It” slogan that they became famous for in the 1980s has proven strong within the company. If there is a shoe to be made to provide better comfort to athletes, Nike is leading the market in making new changes to make that shoe. Diversity Nike Incorporated is sold in more than 40 foreign countries and is expanding
behavior and business practices when conducting business with third world countries. The company had established ethics policies and stated that compliance and integrity was at the core of everything the company does. Furthermore, according to the company’s ethics policies, everyone from the top to the bottom would be held to a high ethical standard and violator would be punished (KBR, 2012). According to Boje and Khan (2009) Nike a global, multicultural, international organizations headquarters
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
from an outside perspective one can see that Nike allowed these to happen because they did not care for the quality and rights that humans have. In the United States, these would never occur because of US Labor Laws to protect people, but in these third world countries there are no regulating laws. Nike took advantage of that and disregarded that the people making their products at an extremely low price were actually humans. It was ethically wrong for Nike to not see those employees as actual people
Today the world is in become a global village and almost all companies whether big or small want to go international. As such, a question arises as to what are the ethics one must follow to ensure the security of its shareholders as well as its employees and any other individual or a group of people like the company’s creditors who have their interest in the company. Though there are no actual rules per say which govern the ethics of the firm, it should be the companies prime interest to ensure the
Title: Community Relations for NIKE Author: Isuri Rajapaksa Faculty Sponsor: Katrina J. Quinn Abstract: This case study examines the community relations efforts of Nike Inc. This project gives an overview of the company and shows how the community relations programs can be developed globally. It also consists of the comparison between Nike and Toms. Finally this case study also includes and insight on an interview, suggestions and an evaluation. Nike is a multinational corporation founded
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.
benefit from economies of scale, exploit cheap labor, respond to the increasingly global competition, benefit from low wages, and take advantage from reduced taxes and regulations by moving into developing countries where there are cheap subcontractors rather than manufacturing in developed countries where the cost of production is very high and costly, in other words they went global to find financial gain. Unlike, the Imperialism and the Keynesian phases which were mainly to benefit from declining
especially the athletic ones are not manufactured in their home country. All labels are indicating the producer country (Vietnam, Bangladesh, Cambodia, etc).Of course many of us don’t pay much attention to that. But what if we knew that these shoes were manufactured literally with the exploitation of people? Nike is one of the most recognisable organizations worldwide and the top in the athletic industry. As all domestic companies, Nike manufactured its products in the USA but due to higher labour