familiar with the Nike logo. Most people also know that Nike is a multi-million dollar company that sells name brand shoes worldwide. Millions of pairs of Nike shoes are sold daily, but what people don’t know about Nike shoes is how and where they are made, who makes them, and how Nike spends its money in this process. According to the “Sweatshop Fact Sheet,” Tiger Woods is paid over fifty five thousand dollars a day to be their spokesman. Another famous person that is a spokesman for Nike is Michael
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* READ 1ST BULLET pg.31 * OVER THE PAST DECADE NIKE HAS SOUGHT THE HELP OF ENVIRONMENTALIST, CONSULTATIONS AND LIFE CYCLE ASSESSMENTS OF THEIR VAST PRODUCT LINE TO IDENTIFY WAYS TO IMPROVE THEIR SUPPLY CHAIN WHILE MAKING THE WORLD A BETTER PLACE TO LIVE. * NIKE HAS TAKEN A HARD LOOK AT WHAT THEY NEED TO DO TO THRIVE IN THIS NEW GLOBAL MARKET PLACE AND THEY’VE FOCUSED ON MATERIALS AND PROCESSES. THE CHOICE OF MATERIALS FOR THEIR PRODUCTS HAS ENVIRONTAL IMPLICATIONS UP AND DOWN THE
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Global Business Ethics-Nike’s Sweatshops Nike is a worldwide sports name in wear and equipment. So, why is Nike’s ethics in question? Has greed and publicity become their motto at any costs? Nike spends multimillion dollars a year hiring well-known athletes to advertise their products yet cannot seem to stay out of the media’s eye of their contracting or subcontracting techniques of their products to be built in third world countries. In 1996, Nike has been charged by critics with engaging in
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business technique each and every year. The root definition of outsourcing is to transfer different operations of business to outside suppliers that provide lower costs. Examples of this would be companies giving an independent accounting firm the right to maintain their books because it may be cost beneficial as opposed to hiring an accounting department. A real life example would be Apple obtaining computer chips from their rival Samsung instead of making their own. In the last couple of decades
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SPAR Hitting the Wall: Nike and International Labor Practices Moore: Twelve year olds working in [Indonesian] factories? That’s O.K. with you? Knight: They’re not 12-year-olds working in factories... the minimum age is 14. Moore: How about 14 then? Does that bother you? Knight: No. — Phil Knight, Nike CEO, talking to Director Michael Moore in a scene from documentary film The Big One, 1997. Nike is raising the minimum age of footwear factory workers to 18… Nike has zero tolerance for underage
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CASE STUDY – Nike and the University of Oregon The next case study is case study 22, (“Nike and the University of Oregon”) on Pages 933-940 of your key text, De Wit & Meyer. Below is the case synopsis: Case Synopsis Philipp H. Knight founded Nike’s predecessor company in 1963. The basic business formula of the company has not changed much since then. Nike is designing and marketing high quality sports shoes and sports apparel around the world. It builds its brand appeal through savvy marketing
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1. Should Nike be held responsible for working conditions in foreign factories that it does not won, but where sub-contractors make products for Nike? Nike should be held responsible for the working conditions in foreign factories where subcontractors make products the company sells. Although Nike may be technically removed from responsibility in some areas, it clearly has the obligation to contract with subcontractors that uphold the rights and wages of their workers. The pay and working conditions
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Nike READ THE ARTICLE BELOW ON NIKE. There must be few people in the world who are not aware of the athletic footwear company, Nike. Since 1972, it has earned billions of dollars in the USA and around the world, selling footwear and later other items of clothing. Now the brand has been extended1to watches and many other products. Nike’s success suggests2 that everybody loves Nike, but if you type the name into the search engine3 on your computer, you will find many sites protesting against
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Nike, Inc. and Sweatshops Over the years Nike has been called out for their unethical practices in shoe making. Nike does not actually make shoes but has subcontractors who do and Nike just sells them with their logo on them. The blame of being unethical in this came with the sweatshops is held with both Nike and the subcontractors. This is because Nike has an amoral style of management in regards to utilizing foreign production facilities, more commonly known as sweatshops, for cheaper labor
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their communications with their stakeholders many companies like Nike and Goldman Sachs are continuously seeking new ways of carrying out corporate social responsibility Reeves (2012). The re-developments of corporate social responsibility often derive from responding actively to emerging and current issues in society (REFERENCE). (REFERENCE) describes current issues such as, human rights, labour, and environmental practices that Nike and Goldman
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