ASSIGNMENT ONE – INDIVIDUAL 1. Challenges for business can come from internal and/or external pressures. Explain two such pressures affecting the current situation of T-Sole Ltd.(4 points ) ANSWER Internal pressure: The incentive policy with piece rate causes qualified workers to produced more and the new employee without adequate training started the work and this lead to poor quality production and lot of the footwear produced were rejected. The breaking down of equipment from time
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Responsibility is fast becoming an integral part of the corporate world. Broadly defined‚ Corporate Social Responsibility attempts to achieve commercial success in ways that honour ethical values and respect people‚ communities‚ and the natural environment (Bhattacharya & Sen‚ 2004). From what was once seen as peripheral to a company’s main businesses‚ has now become a standard practice‚ with an increasing number of businesses engaging in CSR activities. Corporate Social Responsibility is a commitment
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Company Overviews Nike In 1964 in Oregon‚ Phil Knight and Bill Bowerman join together to make a new enterprise; each contributed about $500 to the partnership. The company started bringing low priced and high tech athletic shoes from Japan to replace the German domination of athletic shoes in the industry. In 1971‚ a graphic design student created the Swoosh trademark for a $35 fee. In the same year Jeff Johnson‚ Blue Ribbon Sports ’ first employee‚ made his most durable contribution to the
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Nike is one of the largest global companies in the world‚ reigning in billions of dollars in revenue a year; it also has one of the largest marketing budgets since it is such a recognized brand. Nike was first known as Blue Ribbon Sports founded by a track runner and track coach from Oregon; it later acquired the famous logo ‘swoosh’ and name Nike in 1972. In the 1980’s Nike grew rapidly because of their great marketing strategies and very successful product launches. Nike moved from track to other
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Nike CSR Corporate social responsibility can be defined as the "economic‚ legal‚ ethical‚ and discretionary expectations that society has of organisations at a given point in time" (Carroll and Buchholtz 2003‚ p. 36). The concept of corporate social responsibility means that organizations have moral‚ ethical‚ and philanthropic responsibilities in addition to their responsibilities to earn a fair return for investors and comply with the law. A traditional view of the corporation suggests that its
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CASE STUDY FINAL (4-29-2013) Presented by: *** Strategic Direction: Healthy and Safe Physical Environments Title: Improving Physical Environments to Increase Health for High-Risk Residents Alignment with CTG: Reducing obesity and diabetes in adults “Housing is important to healthy and sustainable communities because a community is strongest and most successful when workers and families‚ especially children‚ have safe and affordable homes. Housing and neighborhood conditions can promote
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Globalization‚ international environment and communication - challenges‚ opportunities and threats By Mohamed Bouagina Introduction On entering the third millennium the human race stands up to many strong global changes and challenges of which the premises and conditions have been prepared in past years. The changes had its impacts on in all areas‚ from economics‚ politics‚ education‚ culture‚ science‚ and technology to human environment and social institutions. These changes have brought the
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Case Study Analysis: Identity Development- Final Draft Based on Erik Erikson’s groundbreaking work on identity and psychosocial development in the 1960s‚ Canadian developmental psychologist James Marcia refined and extended Erikson’s model‚ primarily focusing on adolescent development (Berk‚ 2010). Addressing Erikson’s notion of identity crisis‚ Marcia posited that the adolescent stage consists neither of identity resolution nor identity confusion‚ but rather the degree to which one has explored
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Globalisation a11d Nike GLOBALISATION Globalisation is the growing relations of international markets and it involves the economic activity in the production of goods and services among countries. It involves aspects such as growth and productivity‚ employment and skills wages and unequal distribution in wages both internationally as within a country. Hence‚ the belief that globalisation leads to growth is present all over both the works of Friedman and Norberg‚ but can be illustrated by a quote
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Nike‚ a company headquartered in Beaverton‚ Oregon‚ is a major force in the sports footwear and fashion industry‚ with annual sales exceeding $ 12 billion‚ more than half of which now come from outside the United States. The company was co-founded in 1964 by Phil Knight‚ a CPA at Price Waterhouse‚ and Bill Bowerman‚ college track coach‚ each investing $ 500 to start. The company‚ initially called Blue Ribbon Sports‚ changed its name to Nike in 1971 and adopted the “Swoosh” logo recognizable
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