The Berkshire Hathaway Inc. code of ethics is a corporate code of ethics. I Chose corporate because it is a corporation‚ and was written by upper level management as a guideline for possible ethical issues among all involved in the company. This code is written at a currently attainable level‚ as it gives as it a rough guide to confront unethical behavior. This code covers all members‚ employees and officers. This level is appropriate because it creates the basis of moral and ethical standards for
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Case Study: Nike‚ Inc.‚ and Sweatshops Summary: As a company‚ Nike has been the dominant presence in the athletic apparel industry globally. Although they were not the only company known to practice unethical manufacturing processes‚ they were the major target of criticism because of their leadership role. To fight back against the negative publicity‚ Nike changed many working conditions and practices‚ arranged for independent audits by very reputable individuals in the industry to rate these
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INSIDE THE LINES THE NIKE CODE OF ETHICS Defining the NIKE‚ Inc. Playing Field and the Rules of the Game DO THE RIGHT THING A Message from Phil At NIKE‚ we are on the offense‚ always. We play hard‚ we play to win‚ and we play by the rules of the game. This Code of Ethics is vitally important. It contains the rules of the game for NIKE‚ the rules we live by and what we stand for. Please read it. And if you’ve read it before‚ read it again. Then take some time to think about what it
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A. Brief Company Background: Brief History: Nike‚ Inc. was incorporated in 1968 when The University of Oregon’s track and field coach‚ Bill Bowerman‚ and his star runner‚ Phil Knight‚ thought they could better design and sell shoes to runners than what was available at the time. It is headquartered in Washington County‚ Oregon. Nike is many things – a product designer‚ a consumer goods manufacturer‚ a brand communicator‚ a leader in corporate responsibility‚ and a portfolio of authentic footwear
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CORPORATE SOCIAL RESPONSIBILITY Case Study about the CSR of Nike prepared by Paul SOMER TABLE OF CONTENTS • Background of the implementation of CSR at Nike (besides the existing legal commitment) • Activities of Nike regarding CSR • Responsibility by impementing the Environmental Apparel Design Tool • • Nike Responsibility Governance Conclusion and future prospects BACKGROUND FOR CSR OF NIKE • In 1992 it became public that Nike produces in Indonesia at minimum wages • Strike in the production
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Nike Inc. Case 1. What is the WACC and why is it important to estimate a firm’s cost of capital? WACC is weighted average cost of capital‚ which is the expected rate of return on average from all the company’s existing debts and securities. It takes into account all different types of financing in the company’s capital structure. The reason it is important to estimate WACC is because it measures what it costs the firm to take on a project based on its current Debt and Equity mix. When the
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Globalization and Nike‚ Inc. Industry Overview The athletic footwear industry has experienced significant growth over the last two decades. Since 2001‚ consumers in the United States have spent more than $13 billion and have purchased over 300 million pair of athletic shoes. While the industry is highly segmented by sport category‚ models and price‚ a few large players dominate the branded shoe segment. The top ten-footwear companies control over 70 percent of the market share for global athletic
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Nike Ethical Dilemmas Ethical Audit Report Table of Contents Nike Ethical Dilemmas 1 Ethical Audit Report 1 Executive summary 2 Purpose of the Report 2 A Snapshot of Nike’s Business Ethics 3 Ethical Dilemma’s Facing Nike 4 Nike’s Best Ethical Practices 7 Conclusion 8 References 9 Executive summary As globalization increases the scope of the Multinational Companies (MNCs) to penetrate the market both for cost effective
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Code of Ethics “The American Cancer Society (ACS)‚ together with millions of supporters‚ saves lives and creates a world with less cancer and more birthdays by helping people stay well‚ helping people get well‚ by finding cures‚ and by fighting back” (ACS‚ 2012). The American Cancer Society’s headquarters are in Atlanta‚ GA and has 12 chartered divisions‚ more than 900 local offices nationwide‚ and a presence in more than 5‚100 communities (ACS‚ 2012). Code of ethics is defined as “A written
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Code of Ethics Mission Statement The purpose of this document is to clearly and simply state the companies expectations‚ outline acceptable behavior and present options for asking questions and voicing concerns. We expect concern and respect for others‚ trustworthiness and honesty‚ fairness and accountability‚ the common values of society to be implemented while employed at SKR Oil Company. This code must be applied through all employees and officers of this company which includes outsiders
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