Wednesday, May 6, 2020
Nike s Unethical Behavior Of The Workplace - 3836 Words
Look at all the clothing and apparel you have on. Chances are, those items were produced in sweatshops outside the United States. According to the US Department of Labor, a sweatshop is a factory that is in violation of at least two labor laws (Do Something, 2014). It is generally understood that sweatshops maintain terrible working conditions, and that the workers are compensated far below what many Americans would consider acceptable hourly wages. A startling fact that many do not know, however, is that many women employees are forced to take birth control pills in order to avoid maternity leave and other associated pregnancy benefits. Advocacy groups have raised awareness about these practices, and throughout this piece I will highlight four companies using sweatshops, a best practice organization that aims to help eliminate poor working conditions for employees, and how the four companies have responded to their unethical behaviors. Nike has been accused of using sweatshops since the 1970s (Global Labour Rights, 2000). The company originally outsourced manufacturing plants to Korea and Taiwan, yet had to move them due to increasing regulations and labor laws as those countries developed (Nisen, 2013). The new locations in China, Vietnam, and Indonesia offered the company cheaper labor, with fewer hurdles to overcome in order to drive costs down. In China, Nike has over 50 contractors, employing at least 100,000 workers (Global Labour Rights, 2000). There are numerousShow MoreRelatedInternational Business Ethics And Ethical Issues Within International Organizations1113 Words à |à 5 Pagescountries â⬠¢ There is a lack of governmentsââ¬â¢ initiative to create ethical cooperation framework and thus to enhance ethical behavior in international business; â⬠¢ It is difficult to outline those ethical values, which would be understandable, acceptable and important for representatives of all the continents within different types of international cooperation projects. Ethical behavior within a business ensures awareness and concern for the future and for the right way of action in each particular situationRead MoreThe Pyramid Of Corporate Social Responsibility1262 Words à |à 6 Pageslegal requirements (Carroll, 1991), ethical: organizations managements are to follow the generally held beliefs, about the behavior of the society. It is important to recognize that corporate integrity and ethical behavior go beyond mere compliance with laws and regulations (Carroll, 1991) and philanthropic: encompasses those corporate actions that are in response to society s expectation that businesses be good corporate citizens. It is important that managers and employees participate in voluntaryRead MoreTo What Extent Unethical Marketing Technique Could Damage the Sustainable Business Enivironment2676 Words à |à 11 PagesTo what extent unethical marketing techniques could damage the sustainable business environment. Discuss. Marketing is like a double-edged sword, if it is adopted properly, it will give profits to a company; however, if it is used inadequately, it will give harm. It is undeniable that todayââ¬â¢s business operations have more intense competition level against each other due to the advancement of technology that allows people to receive more information. Marketing plays the key role in making productsRead MoreTo What Extent Unethical Marketing Technique Could Damage the Sustainable Business Enivironment2661 Words à |à 11 PagesTo what extent unethical marketing techniques could damage the sustainable business environment. Discuss. Marketing is like a double-edged sword, if it is adopted properly, it will give profits to a company; however, if it is used inadequately, it will give harm. It is undeniable that todayââ¬â¢s business operations have more intense competition level against each other due to the advancement of technology that allows people to receive more information. Marketing plays the key role in making productsRead MoreBusiness Ethics of Nike Inc.5528 Words à |à 23 Pageson the requirement given, I have chosen Nike Inc. as the topic of the discussion. Nike Inc. is the world leading company merchant of athletic shoes, sportswear and sports gear based on United States. Bill Bowerman and Phil Knight established the company in the 1964 and during that time Nike Inc. was known as Blue Ribbon Sports. Furthermore, the organization has been experiencing phenomenal growth and rapidly expanding since then. Krentzman (n.d.) claimed ââ¬ËNike sold $3.2 million worth of shoes in 1972Read MoreStrategic Analysis of Nike Inc12147 Words à |à 49 PagesTABLE OF CONTENTS Executive SummaryÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦.Ãâ¦Ãâ¦Ãâ¦Ãâ¦p.4 HistoryÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦..Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦..p.6 Profile of CEOÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦.Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦..p.7 Competitor s ProfileÃâ¦Ãâ¦Ãâ¦Ãâ¦.Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦.p.7 Industry ProfileÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦..p.8 Company AnalysisÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦p.9 Industry AnalysisÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦......p.24 Top Competitor AnalysisÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦.p.25 Other External ForcesÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Read MoreNike Strategy Analysis12215 Words à |à 49 Pagesp.30 Strategic Planâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦..p.33 Conclusionâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦...p.38 LIST OF EXHIBITS 1. Sales Trends Graphâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦p.5 2. Net Income Trends Graphâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.p.5 3. Nike Board of Directors Tableâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦...p.11 4. Table of Key Financial Ratiosâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦...p.22 5. Net Income Trend Graphâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦..p.24 6. Primary Strategic Match Position Chartâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.Read MoreCorporate Social Responsibility Versus Profit Maximization2250 Words à |à 9 PagesAs a large multinational corporation, Nike has built up its factories in many of the developing regions, such as Mexico, Bangladesh and Mainland China, to get access to cheaper resources and labors for their production, whilst the host country can only gain very little percentage of the profit from the product. As most of the revenue flows to the home country of Nike, the goal of profit maximization has been achieved by reducing the costs. The approach for Nike to realize their ownersââ¬â¢ benefit is toRead MoreBusiness Ethics: Child Labor in Wal-Mart8552 Words à |à 35 PagesPart A: Introduction There are several ways to define ethics. Ethic is a set of principles of right and wrong behavior guiding. Ethical person will behave in accordance with sound moral principles based on fairness, justice and trust (Wiley, 1995). The purpose of ethic is to provide an environment that allows people to live a more structured, happy life than would exist without ethics (Warnock, 1971). Business ethic is examination of variety of problems that can arise from business environmentRead MoreEssay on Under Armour strategic report9937 Words à |à 40 Pagesthe Gen Y segment is the second largest segment next to the boomers (85 million strong), future growth looks optimistic, particularly because UA is also doing well with the Gen Z group, who will be even more likely to carry brand loyalty into their 20ââ¬â¢s and beyond. UA has recently been active in reaching out to women and girl athletes in the same demographic age sets. Even though the Gen Y spending only makes up 4% of a typical household spending, this buying group tends to be more tech savvy, and
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