1. Why did the tragedy occur? The tragedy happened because of the poor construction materials which were found in the debris used in this building. This building was dangerous because it constructed on a pond. In addition, it needs to hold heavy machines but without any supporting walls. Before the collapsing of Rana Plaza, workers found a crack appeared in the wall of the building, and the engineer recommended that the workers be evacuated. However, supervisors had asked them to return to work
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worldwide symbol. They are the “world’s leading supplier of athletic shoes” but this has not come without any controversy. By the end of this case study you can evaluate whether or not you think Nike is an ethical organisation. Nike’s use of sweatshops and child labour signalled global outbursts, with Activists even creating the “swooshtika”, a swastika made up for Nike “swoosh” logos. Their ethical background could have been said to be non existent and their reputation for profit maximisation
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Essay 2 Essay conclusion: Foxconn should keep its working schedules, basing on legal payments for overtime work. Stakeholders’ concerns analysis framework: Worker’s concerns What is worker’s priority factor to choose a job? For most low level education and training workers, the answer is a competitive and guaranteed salary. If you are an engineer, graduated from the best universities in China, like Peking University or Tsinghua University, you may want a job in Google for its flexible
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Sergil Houston Business Management 515 Week 3 Assignment 1 Professor Wade Ferguson July 17, 2011 Discuss the current supply chain system at DIMCO. Dimco uses an strategic, operational and tactical supply chain in which they have daily production and distribution planning, including all nodes in the supply chain. Production scheduling for each manufacturing facility in the supply chain (minute by minute). Demand planning and forecasting, coordinating the demand forecast of all customers
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and pay heavy fines for excessive polluting (Palmer, 2012). They also have less risk of negative social events which damage their reputation and cost millions of dollars in information and advertising campaigns. The scandals about child–labour and sweatshops that affect the clothing industry are two examples. Thus, socially responsible businesses should have more stable earnings growth and less downside volatility. Since companies that adopt the CSR principles carry less risk, when valuing those companies
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Introduction Minimum wage refers to the lowest hourly, daily or monthly wage an employee is legally entitled to when working. Minimum wage is in effect in a range of different jurisdictions with differences in the views on the advantages and disadvantages being disputed by people. Supporters claim minimum wage increases the standard of living for workers whilst reducing poverty. Opposite views are that if it is high enough to be effective then it increases unemployment, particularly among workers
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Partial fulfillment by the award of the post graduate diploma in business Management. From Fortune School of Technology and Management in Singapore. Nike Inc. was founded in 1962 by Bill Bower man and Philip H. Knight as a partnership under the name, Blue Ribbon Sports. Since Germany conquered the domestic market in America, Nike came with low-cost and high quality products for the American people. Today, Nike manufactures and distributes athletic shoes in the global market and 40% of its sales
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Executive summary The Adidas Group is a large multi national company that is known all over the world. Its mission statement is to be the global leader in the sporting good industry (Adidas Group;2011A). The Group is made up of 7 different sub groups all designated to different sporting events for lifestyle choices. Adidas groups Internal communication consists of face to face meetings and online communications. Although they try to include all employees in these to functions they have yet to
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International Business Law Final Assignment – ISEG Group 1A Alfred Boudet 26th of November 2012 The Case Of Plant Relocation In this case I am working in Electrocorp, as the Chief Executive of the company. Electrocorp is an electronics company manufacturing onboard computer components for automobile. The company is facing an important choice to do. It can make more money for shareholders
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Corporate social responsibility statements are effective ways of ensuring multi-national companies act ethically. Discuss For the past few years there has been lots of discussion about Corporate Social Responsibility. Most of the multinational companies issue every year a report on their practices. They try to get involved into communities, fight the poverty in the third world countries and donate millions of ponds every year to charities to as they say “build the better future”. But are their
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