Research TNC’s Nike Research Manufacturing Nike has contracted with more than 700 shops around the world and has offices located in 45 countries outside the United States.[38] Most of the factories are located in Asia‚ including Indonesia‚ China‚ Taiwan‚ India‚[39] Thailand‚ Vietnam‚ Pakistan‚ Philippines‚ and Malaysia.[40] Nike is hesitant to disclose information about the contract companies it works with. However‚ due to harsh criticism from some organizations like CorpWatch‚ Nike has disclosed
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Corporation was incorporated in 1968. In their thirty-four year history‚ Nike has primarily been in the business of designing‚ developing‚ and marketing athletic footwear‚ attire‚ equipment and accessories‚ а lot of companies go out on a limb when it comes to business decision or management strategies with Nike Corporation. Nike is а powerful company. Nike Corporation is a well managed company in а striking industry‚ the company has a strong brand image‚ and they are effectively capturing the value
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` case? 2. Why should Nike be held responsible for what happens in factories that it does not own? Does Nike have a responsibility to ensure that factory workers receive a “living wage”? Do the wage guidelines of FLA or WRC seem most appropriate to you? Why? 3. Is it ethical for Nike to pay endorsers millions while its factory employees receive a few dollars a day? 4. Is Nike’s responsibility to monitor its subcontracted factories a legal‚ economic‚ social‚ or philanthropic responsibility
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Defining Marketing for the 21st Century Nike’s Marketing Strategy Company Summary Founded in 1962‚ Nike‚ formerly known as Blue Ribbon Sports‚ is a major publicly traded sportswear‚ footwear‚ and fitness equipment manufacturer based in the US. The company’s main focus was to provide high quality running shoes designed by athletes for athletes. By moving the manufacturing abroad‚ Phillip Knight (Founder)‚ believed that the shoes could be sold at competitive prices (Kotler & Keller‚ 2012‚ p
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Nike -Sweatshop Overview Nike is one of the largest‚ most popular and profitable shoe and clothing companies in the world. This is why it is a wonder that the reality for many workers overseas making Nike shoes and clothing is far less rosy. Workers are paid wages insufficient to meet their basic needs‚ they are not allowed to organize independent unions‚ and often face health and safety hazards. Nike publicizes itself as one of the leaders of corporate responsibility. However‚ they do not comply
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Organisational Appraisal of Nike with its competitiors Ratios (Summary) -NIKE Nike Inc.‚ liquidity ratios | May 31‚ 2012 | May 31‚ 2011 | May 31‚ 2010 | May 31‚ 2009 | May 31‚ 2008 | May 31‚ 2007 | Current ratio | 2.98 | 2.85 | 3.26 | 2.97 | 2.66 | 3.13 | Quick ratio | 1.82 | 1.94 | 2.32 | 1.93 | 1.68 | 2.07 | Cash ratio | 0.97 | 1.15 | 1.53 | 1.05 | 0.84 | 1.10 | Source: Based on data from Nike Inc. Annual Reports http://www.stock-analysis-on.net/NYSE/Company/Nike-Inc/Ratios/Liquidity#Ratios-Summary
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Management Innovation. Story: Nike’s Gameplan for Growth that’s Good for All by Lorrie Vogel - General Manager of Considered Design at Nike Inc. Co-Authored by Agata Ramallo Garcia October 17‚ 2012 at 1:29pm 18 36 0 Comments 2 Ratings: Overall 4 Innovative 4 Detail Summary Innovation is a cornerstone of the Nike brand. Our company was founded by two visionaries‚ Bill Bowerman and Phil Knight‚ who set out to reinvent athletic footwear. Over the past decade‚ our drive
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Recommendation for an Internal Accountant Recommendation for an Internal Accountant Internal Auditing is an independent‚ objective assurance and consulting activity designed to add value and improve an organization’s operations (What is internal auditing?‚ 2010). Internal accounting control is a series of procedures designed to promote and protect sound management practices‚ both general and financial that will increase the likelihood that: * Financial information is reliable‚ so that managers
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Nike Nike was founded in 1964 by Philip Knight and Bill Bowerman. They started to design shoes that were lighter‚ better padded‚ and featured waffle like patterns in their rubber sole. At first not much commercial success. After that they started importing low cost‚ high quality running shoes out of Asian countries. A deal was made with Onitsuka to import these hoes to the US‚ there were sold under the brand name ‘Blue Ribbon Shoes’ (BRS). Their initial shipment were only 200 shoes. By 1964 BRS
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The research I have done about Nike’s labor practices was very interesting. I looked up responses of Nike to accuses on them on the internet. I found a couple of publications at www.Nikebiz.com. After I read them‚ I realized that Nike proclaims the same thing in an exaggerated style in every single one of them. For example in a Nike statement regarding the working conditions in El Salvador‚ Nike says that their constant goal always used to be to improve the safety at the working place and the indoor
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