Globalisation filled with International competitors and cheap imitators? It has been argued that such competitive pressure is likely to create new lows in global labour standards. In an attempt to remain competitive‚ Corporations cut costs by paying lower wages‚ hiring child labour‚ and imposing unsanitary working conditions on their workers. From this perspective‚ globalization is likely to undermine national efforts to impose labour standards. Even if countries are successful in passing legislation that
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BOOK FAIR- 2012 WHEN E-BOOKS MEET THE MANGO PEOPLE… It was a fine sunny morning when I with my bunch of my classmates went to the 18th annual Delhi book fair on 6th September 2012 at Pragati Maidan. It was a nine-day affair featuring discussions on proliferation of e-books and interaction with authors‚ apart from availability of vast number of books on divergent genres. We were supposed to report for a radio show as per our curriculum and were told to reach Pragati Maidan at 10 in morning. Getting
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NIKE COMPANY BACKGROUND About Nike Inc. Nike‚ Inc. /ˈnaɪkiː/ is an American multinational corporation that is engaged in the design‚ development 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 ofathletic shoes and apparel and a major manufacturer of sports
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12*.22=2.64 3. Mr. Varello is paid semimonthly. His annual salary is $64‚333. What is his semimonthly salary‚ rounded to the nearest cent? 64‚333/12=5‚361.08/2=2‚680.54 4. Julianne works at a local Emerald Monday restaurant. Her regular hourly wage is $9.50. a. She regularly works 40 hours per week. What is her regular weekly pay? 9.50*40=380 b. If she works 50 weeks each year at this rate‚ what is her annual salary? 380*50=19‚000 5. Mr. Ed earns $14.50 per hour. His regular hours are 40 hours
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MANAGEMENT ASSIGNMENT NIKE: Strategic Analysis SUBMITTED TO: AMIT SINHA SUBMITTED BY: Varun Bhatia 191181 FMG 19C Nike’s Global Business Strategy When first founded in 1962 under the name of Blue Ribbon Sports‚ the strategy was “to distribute low-cost‚ high-quality Japanese athletic shoes to American consumers in an attempt to break Germany’s domination of the domestic industry.” Today Nike offers athletic shoes at every marketable price point to a global market. Nike sustains its leading
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1. Company name – What is the company doing in general? Nike is an American multinational corporation that is engaged in the design‚ development‚ manufacturing and worldwide marketing of footwear‚ apparel‚ equipment‚ accessories and services. They’re known universally for producing a wide range of sports equipment for the amateurs and the professionals. They’ve built their reputation thanks to a great marketing campaign and by sponsoring the most famous professional sportsmen. As of 2012‚
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The athletic apparel industry in which Nike is involved is a major money maker in the United States‚ but the fact that none of the factories are located in North America has brought some heat to the company. Nike controls more than 40 percent of the U.S. Market for sports related goods‚ but doesn’t have a single sneaker factory in this country (Miller 1). Nike continues to make millions of dollars yet exploits workers overseas by paying them very little‚ while requiring long hours without overtime
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Fair Trade. I don’t think that knowing about the origins of the product is important. When I go out to a store and buy something‚ sometimes I look and care what it’s made of‚ but not every time. For instance when I buy food and stuff like that‚ I often just like closely at the food I buy. How delicious it looks and what condition it’s in. When I buy clothes I want to know where it’s from and “how” it’s made. Once I bought a cap from a site that sells clothes‚ caps and boots on the internet.
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Be fair to tourists‚ Tourism Fiji urges Tuesday‚ October 06‚ 2009 TOURISM Fiji is pleading with shop owners and traders to be responsible and not exploit tourists by selling them faulty goods. Chairman Patrick Wong said the shopping experience was an important part of any tourists’ holidays. Reacting to claims made by an Australian couple that they were cheated when buying a tanoa in Nadi‚ Mr Wong said it was important that the sellers meet the demands of any buyer. The couple paid $200 for
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Case Study: Nike * 1. Friedman Approach: Friedman believes that the only responsibility of the company is the increase of its profits for itself and its shareholders so long as it engages in free and open competition without deception and fraud. NIKE CASE: To shave cost‚ Nike outsources all manufacturing and cost savings go to marketing which aims at increasing sales revenue; achieve maximization of profits. No responsibility so long as Nike operates legally. However‚ as Nike went under
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