Globalization and our Responsibilities Vanessa Strachan Saint Leo University Globalization and our Responsibilities Globalization Globalization is the integration of the world’s economies; it helps to increase productivity, which can raise the standard of living. It is driven by technology advancements in communications and transportation and motivated by the desire for free markets. “Globalization can be technological (the Internet), economic (trade, pro- duction), cultural (television)
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Introduction 2.1 Objectives 2.1.1 Understanding the importance of fashion industry 2.1.1.1 Introduction 2.1.2 Examine the innovations of fashion communication 2.1.2.1 Introduction 2.1.3 Evaluate the scope and challenges with fashion ethical issues 2.1.3.1 Introduction 2.1.4 Study the future prospect of fashion marketing 2.1.4.1 Introduction 3.0 Chapter 3 Introduction 3.1 Case study 4.0 Chapter 4 Conclusion 1.0 Chapter 1 Introduction Fashion is a general term
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factors impacting the overall performance of Under Armour. Kevin Plank, a former University of Maryland football player, started the company in 1996 with an innovative idea to provide premium sports apparel to Under Armour’s customers. Factors such as ethical standards and integrity, innovation, and financial performance will be analyzed along with the potential impacts these factors have on the success of the Under Armour brand. The most critical factors determining the company’s success are determined
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so. Case 1 Nike sprints ahead of the competition? Nike was founded by Bill Bowerman, the legendary University of Oregon track and field coach, and Phil Knight, a University of Oregon business student and middle-distance runner under Bowerman. The partnership began in 1962 as Blue Ribbon Sports (BRS); their first-year sales totalled $8,000. In 1972 BRS changed its name to Nike, named after the Greek winged goddess of victory. Nike employs 22,000 people worldwide, from Nike World Headquarters
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so. Case 1 Nike sprints ahead of the competition? Nike was founded by Bill Bowerman, the legendary University of Oregon track and field coach, and Phil Knight, a University of Oregon business student and middle-distance runner under Bowerman. The partnership began in 1962 as Blue Ribbon Sports (BRS); their first-year sales totalled $8,000. In 1972 BRS changed its name to Nike, named after the Greek winged goddess of victory. Nike employs 22,000 people worldwide, from Nike World Headquarters
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Ferrell A common view of the firm holds that employees, customers, shareholders, and suppliers are key organizational stakeholders.^ While obligations to these stakeholders are sometimes considered to be motivated by organizational self-interest, the ethical perspective asserts the rightness or wrongness of specific firm actions independently of any social or stakeholder obligations.^ Customers are key stakeholders that help establish the firm's reputation and identification. For example, today Procter
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concept have also altered from viewing CSR as a philanthropic exercise to a concept/practice necessary for corporate survival. The latter point can be supported by a numerous examples of organizations that have not complied with ethical/socially responsible standards, such as Nike, who faced numerous allegations of unethical conditions at its overseas suppliers in the 1990’s (Zadek, 2004). It is virtually impossible to define CSR due to the every-evolving nature of the concept. Various sources including
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Is the Contemporary UK Fashion Industry Sustainable? The sustainability of the fashion industry is one of the major concerns facing many stakeholders in the sector. The UK fashion industry is increasingly facing a wide range of sustainability issues ranging from wastes generation due to increased production of fashion products to the use of toxic materials in the production of fashion items. In addition, the industry has also been faced with the problem of the growing problem of widespread use
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married individuals first met in the workplace. A 2005 survey reveled that 58 percent of all employees have been in an office romance. Given the amount of time people spend at work, this isn’t terribly surprising. Yet office romances pose sensitive ethical issues for organizations and employees. What rights and responsibilities do organizations have to regulate the romantic lives of their employees? Take the case of former General Electric CEO Jack Welch and Suzy Wetlaufer. The two met while Wetlaufer
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performance, which can ultimately create unexpected problems for the firm that increase transaction cost and lessen strategic advantages gained from the international supply chain (Zimmerman, 2003). There were many situations that major global brands like Nike, Adidas, and Benetton were accused of using child labor in Bangladesh, Cambodia and Turkey and prison labor in China. By now, many multinational companies have responded to the pressure and expectations of stakeholders in provide social responsibility
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