Sweatshop: Sweat Not! “It’s [cheap labor] the fastest-growing criminal market in the world‚” (Edmondson 149) Gail Edmondson writes in an article discussing cheap labor. Economic growth has always been a large interest for most countries. Due to many high unemployment rates‚ corporations take advantage of the lower classes by enforcing cheap labor. Cheap labor is the employment of people with very low wages‚ under poor or unsafe conditions. Since people in the lower class do not have much money‚ they
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Identification Established in the early 70’s Nike‚ Inc.‚ based in Beaverton‚ Oregon‚ USA faced a severe stream of criticism and experienced growing problems concerning their plants and employee treatment‚ mainly in Indonesia and Vietnam in 1988. Rising demand for Nike products‚ which almost doubled within a short period of time‚ led the company and its 350+ subcontractors to raise the production level. Series of labor problems and abuse such as cheap labor wages‚ poor working conditions‚ health and
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In this Case Study Analyses‚ an objective SWOT Analyses will be done to help identify potential strengths‚ weaknesses‚ opportunities‚ and threats within the Nike Corporation. It will look at the role of promotions as a consumer product company‚ offer possible promotional objectives‚ and consider other promotional methods the Nike Corporation may wish to implement in its quest to remain the market leader. History‚ Development‚ and Growth From their marketing strategies to their selling
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HITTING THE WALL: NIKE AND INTERNATIONAL LABOR PRACTICES Synopsis of The Situation Based in Beaverton‚ Oregon‚ Nike had been a corporate success story for more than three decades. It was a sneaker company‚ but one armed with an inimitable attitude‚ phenomenal growth‚ and the apparent ability to dictate fashion trends to some of the world’s most influential consumer. Selling a combination of basic footwear and street-smart athleticism‚ Nike pushed its revenues from a 1972 level of
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Sandi Wodarczak BA206 – Nike Case Study Due: February 16‚ 2011 Nike: Spreading Out to Stay Together Informal structures are thought to be good during times of change‚ but can be the cause for big problems during change. When an outsider is brought into an informal structure‚ operating under a matrix‚ there may be friction as the outsider never really gets to be an insider. I think this is what happened with Perez. Perez was the outsider brought in to take over for the insider‚ Knight
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iMINICASE STUDY #2 Unforeseen Opportunity in an Election You are in charge of the advertising staff for Cindy Smith ’s election campaign. Cindy is trying to prevent the eight term incumbent‚ Jesse Jones‚ from getting another term in the U.S. House of Representatives. Cindy decided to run against Jesse because he wrote 150 bad checks in the House banking scandal‚ voted to not disclose the names of the people involved in the scandal‚ and voted to give himself a substantial pay raise at taxpayers’
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Case Study "Hitting the Wall: Nike and International Labor Practices" Nike ’s strategy of shaving costs caused ethical dilemmas that ultimately damaged its reputation. Nike outsources all of its manufacturing. This approach has provided Nike with huge profits‚ "from a 1972 level of $60‚000 to a startling $49 million in just ten years" (Bartlett‚ Ghosal‚ & Birinshaw‚ 2004). "Production is now globalised‚ with different countries concentrating on different parts of the process depending on what they
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Intitech vs The Coffee Bean 1. How would you gauge Peter’s achievement orientation? What are some of the needs not being met for Peter Gibbons at Initech? What changes might improve Peter’s motivation? Peter Gibbons is clearly subjected to a bad work environment‚ and lack of motivation which is his primary fuel for really hating his job. His achievement orientatin is low at best‚ and he has developed an lack of motivation to achieve success. This could have been created by Initech itself‚
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Quiz chapter 2 1. __________ refers to the change in the firm’s current assets relative to its current liabilities over some time period. A) Operating cash flow B) Capital spending C) Cash flow to creditors D) Cash flow from assets E) Additions to net working capital 2. If total assets = $550‚ fixed assets = $375‚ current liabilities = $140‚ equity = $265‚ long term debt = $145‚ and current assets is the only remaining item on the balance sheet‚ what is the value of net working
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Mini research on sweatshop A sweat shop is a work place‚ often a factory in which employees work long hours at low wages under poor conditions. It is defined by the US department of labour that violates two or more labour loss. Sweatshop is a light-hearted game based upon very present realities that many workers around the world contend with each other. In developing countries‚ an estimated 250 million children ages 5-14 are forced to work. Products that commonly come from sweatshops are shoes‚
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