can be a very tricky subject to explain because what can be ethical for one company may be unethical for another. A very quick example of different ethical acceptance in a company is Nike in China its ethical for Chinese to employee children in the factories as for here in the United States that is not only unethical but also illegal as well. Also it is important to understand that just because it is legal do not mean it can be ethical. Social Responsibility and Ethics go hand in hand they both involve
Words: 748 - Pages: 3
1. Corporate Social Responsibility (CSR) and its Importance: 1.1 Definition of CSR: What does Corporate Social Responsibility or CSR mean? The World Business Council for Sustainable Development in its publication Making Good Business Sense by Lord Holme and Richard Watts, used the following definition: Corporate Social Responsibility is the continuing commitment by business to behave ethically and to contribute to economic development while improving the quality of life of the workforce and
Words: 3829 - Pages: 16
7 August 2013 Making Products Ethical Global Competition • As global competition increases, many international companies have transferred their production to developing countries. • Consumers demand for quality products at lower prices. • Consumer awareness and concern for ethics has grown. Thus, they seek for products that are made ethically. Products made in Sweatshops • This concern exploded in the late 1990s. • Activists embarrassed famous brands with exposés of
Words: 737 - Pages: 3
Social Media and its Impacts on Consumer Relationship Management: An Investigation of Product Recommendation: A Case Study of Nike and Facebook Simon Karuku Freelancers Union Abstract The purpose of the research was to define critically the efficiency of social media and the role it plays in impacting consumer relationship management. The study first looks at the works of many scholars in analyzing the effectiveness of social media over traditional media. Thereafter a critical analysis
Words: 13765 - Pages: 56
activities of selected organisations and their stakeholders Nike Political factors: Politics can Nike.in both negatively and positively through changes made to tax, labor and national security laws. For example, politicians can raise taxes directly on businesses or on individuals, which ends up costing the company in the long run as people spend less money on goods and services. Alternatively, Nike profit when citizens receive tax incentives. Nike would respond accordingly to the games of politics. From
Words: 1020 - Pages: 5
Nike Inc. Strategic Analysis ----Eric Overview Nike, Inc. is an American multinational corporation that is engaged in the design, development, manufacturing and worldwide marketing and selling of footwear, apparel, equipment, accessories and services. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area, and is one of only two Fortune 500 companies headquartered in Oregon. It is one of the world's largest suppliers of athletic
Words: 2930 - Pages: 12
Part): Assignment 4 : Ethical concerns of the communities | ASSESSOR: SG | ISSUE DATE: WC 5/4/14 | SUBMISSION DATE: WC 12/5/14 | DATE OF INTERNAL VERIFICATION: | INTERNAL VERIFIER: | Learning Outcome (s) covered: (Number and detail)4 Understand ethical concerns facing different communities | TARGETED GRADING CRITERIA | GRADING CRITERIA DETAIL | P4 | examine the ethical concerns of the communities in which a selected business operates. | M3 | explain the ethical concerns of the communities
Words: 789 - Pages: 4
purpose of research is to: (A) Evaluate the conditions of the Marketing environment of Nike INC as a sports equipment company (B) Evaluate the recourse capability of Nike INC using appropriate analytical tools, highlighting its thresholds and unique resources and core competences (C) Evaluate the strategic fit of Nike INC using the analysis gather highlighting its strength and weakness. Company’s Profile. Nike INC is a sport Equipment company, It was founded on the 25th of February 1964 by Bill
Words: 2896 - Pages: 12
P4 | Examine the ethical concerns of the communities in which a selected business operates. There are many different types of ethical concerns within a community in which a business operates. For my chosen organisation Adidas there a many ethical concerns which have been raised in the locations they operate. In 1990 there was a boycott of Adidas products as they were caught forcing people to work in sweatshops and in very bad conditions. This was seen in Indonesia, Philippines and China. They were
Words: 854 - Pages: 4
individual attempts by large companies to put pressure on their suppliers to adopt ethical and socially responsible policies that echo their own in order to reduce the risk of damage to the reputation of their own brands. Clothes manufacturers such as NIKE, Inc and Gap, plus other retailers, have taken a close interest in the employment practices of their suppliers for some time, with UK retailers setting up the Suppliers Ethical Data Exchange to share the result of supplier audits. The government has
Words: 435 - Pages: 2
