"Nike is criticized for using sweatshops in countries like Indonesia and Mexico. The company has been subject to much critical coverage of the often poor working conditions and the exploitativeness of the cheap overseas labor." answers.com 1. Should Nike be held responsible for working conditions in foreign factories that it does not own‚ but where sub-contractors make product for Nike? Yes‚ but I do not believe that the firm is 100% responsible since it is the sub-contractors who operate
Premium Industrial Revolution Factory Sweatshop
Nike Case Answers– Spreading out to stay together 1. When Nike CEO Phil Knight stepped down and handed his job to Bill Perez‚ he stayed on as chairman of the board. In what ways could Knight’s continued presence on the board have created an informal structure that prevented Perez from achieving full and complete leadership of Nike? Answer: Informal structures are the set of unofficial relationships between organization members. Potential advantages of informal structures: ▪ Helping people
Premium Phil Knight Adidas Advertising
A. Brief Company Background: Brief History: Nike‚ Inc. was incorporated in 1968 when The University of Oregon’s track and field coach‚ Bill Bowerman‚ and his star runner‚ Phil Knight‚ thought they could better design and sell shoes to runners than what was available at the time. It is headquartered in Washington County‚ Oregon. Nike is many things – a product designer‚ a consumer goods manufacturer‚ a brand communicator‚ a leader in corporate responsibility‚ and a portfolio of authentic footwear
Premium Nike, Inc. Advertising Athletic shoe
Nike Case Study The US-based Nike Corporation announced that it had generated profits of $97.4 million‚ around $48 million below its earlier forecast for the third quarter ended February 28‚ 2001. The company said that the failure in the supply chain software installation by i2 Technologies3 was the cause of this revenue shortfall. This admission of failure also affected the company’s reputation as an innovative user of technology. The supply chain software implementation was the first part of
Premium Supply chain management SAP AG
Nike Nike was founded in 1964 by Philip Knight and Bill Bowerman. They started to design shoes that were lighter‚ better padded‚ and featured waffle like patterns in their rubber sole. At first not much commercial success. After that they started importing low cost‚ high quality running shoes out of Asian countries. A deal was made with Onitsuka to import these hoes to the US‚ there were sold under the brand name ‘Blue Ribbon Shoes’ (BRS). Their initial shipment were only 200 shoes. By 1964 BRS
Premium FIFA World Cup Nike, Inc. Advertising
Nike‚ Greek Goddess of Victory In Greek mythology‚ Nike was a goddess who personified victory. She was the beautiful goddess of strength. Her great speed enabled her to be victorious. This is why she is also known as the Winged Goddess of Victory. Nike is the daughter of Pallas‚ a Titan and Styx. She had three brothers‚ Kratos (Strength)‚ Bia (Force)‚ and Zelus (Zeal & Jealously). Nike is seen with wings in most statues and paintings. Her symbols include a wreath or sash to crown a victor‚
Premium Greek mythology Athena Zeus
Stephanie Hernandez Ethics HU 357 August 3‚ 2013 Nike’s Code of Ethics Matter of Respect: Nike knows that people perform best in a work environment free from unlawful harassment and discrimination‚ and we want to be sure that harassment and discrimination of all types do not occur at Nike. To that end‚ Nike’s policy prohibits discrimination and harassment‚ seeks to prevent harassment and provides employees with an effective complaint process. Employees must take care to treat other the
Premium Occupational safety and health Environment Law
The Temple of Athena Nike Greek Architecture is the most important and influential in Western history reaching a peak between 400 and 300 BC. Some examples of Ancient Greek architecture and sculptures were built primarily for religious purposes‚ to represent deities or to serve as temples‚ such as the Acropolis‚ the Parthenon‚ Erechtheum‚ Apollo Didyma‚ and the Temple of Athena Nike. The decision to build Athena Nike was an expression of Athens’ ambitions to defeat Sparta and become a world
Premium Parthenon Athens
Nike‚ Inc.: Cost of Capital EXECUTIVE SUMMARY Kimi Ford‚ a portfolio manager of North Point Group a large mutual fund management firm‚ is looking into the viability of investing in the stocks of Nike for the fund that she manages. Ford should base her decision on data on the company which were disclosed in the 2001 fiscal reports. While Nike management addressed several issues that are causing the decrease in market sales and prices of stocks‚ management presented its plans to improve and
Premium Weighted average cost of capital Investment Finance
Nike‚ a very popular company‚ is a very creative and a wealth company. Nike is an amazing company. Starting out as a little company with little money and becoming one of the leading brands in the world. Making millions of dollars and coming out with new apparel and shoes every single day. Making many people happy. Too many people are in love with this company. “ I am just happy to be a part of the Nike family.”(Lebron James‚ 2016- BrainyQuote‚" n.d.). As you can see many people love this brand‚
Premium Athletic shoe Nike Marketing