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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As I walk in my comfortable well-fitted Nike shoe‚ I lack the knowledge behind the journey of the shoe’s existence. The Nike brand‚ better recognized as the swoosh logo or slogan of “Just Do It”‚ is also the violator of several labour practices. To begin‚ the creation of Nike shoes is accomplished in sweatshops in Indonesia‚ China‚ and Vietnam (Global Exchange‚ n.d.). On a typical day in Vietnam‚ Nike shoes are manufactured in a factory where human dignity is nonexistence. These violating practices
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SWEATSHOPS: UNLOCKING THE POWER OF POVERTY Introduction How should Global Corporations behave in a period of Globalisation filled with International competitors and cheap imitators? It has been argued that such competitive pressure is likely to create new lows in global labour standards. In an attempt to remain competitive‚ Corporations cut costs by paying lower wages‚ hiring child labour‚ and imposing unsanitary working conditions on their workers. From this perspective‚ globalization is
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Running head: Nike and the Sweatshop Debate Nike the Sweatshop Debate Shelia D. Marshall Global Strategies MGT 448 Shabbir Karim October 12‚ 2009 Nike the Sweatshop Debate Beneath all the hoopla and controversy about Nike being a successful company in the United States in which its earnings in 2009 according to Hoovers Inc.‚ 2009‚ Nike’s revenue for 2009 was $19‚ 176.1 million and their gross profit was $8‚604.4 million‚ made possible by the hands of women and underage workers
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Nike: The Sweatshop Debate analyzes the legal‚ cultural and ethical challenges confronted by global business and will also examine the roles that host governments have played while summarizing the strategic and operational challenges facing global managers at Nike. Having standards in place will protect the organization from a major crisis like the one formally faced by Nike. Philip Knight and Bill Bowerman created the world’s largest sportswear company‚ Nike‚ in 1962. Nike now controls more than
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Do you think the criticism of Nike is fair‚ considering that the host countries are in dire needs of creating jobs?Yes and no. In a pure capitalist economic system employers will seek to pay workers as little in cash and benefits as possible and will locate his plant in the location that incurs the least cost. That being said there is a certain moral consideration to pay a wage that allows the worker to reasonably support themselves and their dependents. Lastly you should consider Henry Ford’s Famous
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Nike Sweatshops Slavery or Opportunity? Nike-Helping the poor Thesis- In the past Nike has had problems with sweatshops‚ but the company is helping the poor and has changed in many ways. I. Problems A. Worker wages 1. How much they get paid 2. Can they fulfill their basic needs 3. Can they support a family B. Quality of environment 1. Conditions they live in 2. Type of protection they use against harm 3. Chemicals or solvents they used to make a product with II. Improvements A. Sweatshops
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Case Study: The Nike Sweatshop Debate � PAGE * Arabic �1� Case Study: The Nike Sweatshop Debate Established in 1972 by former University of Oregon track star Phil Knight‚ Nike is one of the leading global designers and marketers of athletic shoes and apparel. The organizations "swoosh" logo and "Just Do It!" marketing phrase are among the most recognizable logos in history. Nike has annual revenues of $15 billion and sells its products in over 140 countries. The corporation does not manufacture
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Nike‚ a company headquartered in Beaverton‚ Oregon‚ is a major force in the sports footwear and fashion industry‚ with annual sales exceeding $ 12 billion‚ more than half of which now come from outside the United States. The company was co-founded in 1964 by Phil Knight‚ a CPA at Price Waterhouse‚ and Bill Bowerman‚ college track coach‚ each investing $ 500 to start. The company‚ initially called Blue Ribbon Sports‚ changed its name to Nike in 1971 and adopted the “Swoosh” logo recognizable
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The Nike Corporation is the world’s leading supplier of athletic shoes and apparel. The company takes its name from the Greek goddess of victory‚ and has fulfilled its reputation of being victorious in the sporting good industry for over a decade. For several organizations Nike had become a symbol of the evils of globalization as the company became a target for accusations that products were manufactured in "sweatshops" using child labor‚ working excessive hours under hazardous conditions while being
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