Mini Case: Nike’s Decision Nike‚ a U.S.-based company with a globally recognized brand name‚ manufactures athletic shoes in such Asian developing countries as China‚ Indonesia‚ and Vietnam using subcontractors‚ and sells the products in the U.S. and foreign markets. The company has no production facilities in the United States. In each of those Asian countries where Nike has production facilities‚ the rates of unemployment and underemployment are quite high. The wage rate is very low in those
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Nike has been accused of using child labor in the production of its soccer balls and shoes for Nike in Pakistan. While Pakistan has laws against child labor‚ the government has taken very little action to terminate it. It is said that only a boycott by the United States and other nations will have any impact on child-based industries. In addition‚ the U.S constitution states that child labor is an illegal and inhumane practice and any U.S. company found guilty practicing and encouraging it will
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594 Total current assets 11‚531 11‚297 b. What method does the company use to value inventory? The Notes indicate that NIKE uses “last in first out‚” or LIFO‚ for domestic inventories and “first in first out‚” or FIFO‚ for international inventories c. What depreciation method does the company use? The Notes indicate that NIKE uses the straight line method for buildings and leasehold improvements and the declining balance method for machinery and equipment. As with the
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BUSN 6540 LEGAL & ETHICAL ENVIRONMENT OF BUSINESS INDIVIDUAL ETHICS ANALYSIS TO: XXXXXXXX FROM: XXXXXXXXXX RE: Business Ethics Analysis: Employment of Underage Workers by Nike DATE: August 28‚ 2014 I. FACTS For decades international companies‚ such as Nike Corporation (Nike)‚ have been highly criticized for employing children under the age of 18 in overseas factories‚ resulting in an ethical dilemma. Nike manufactures a wide-range of sports products including shoes‚ apparel‚ and
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Do you think the criticism of Nike is fair‚ considering that the host countries are in dire needs of creating jobs?Yes and no. In a pure capitalist economic system employers will seek to pay workers as little in cash and benefits as possible and will locate his plant in the location that incurs the least cost. That being said there is a certain moral consideration to pay a wage that allows the worker to reasonably support themselves and their dependents. Lastly you should consider Henry Ford’s Famous
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to Kimi about Nike’s WACC‚ she calculated it to be 8.3%. She also provided some assumptions she made while developing this WACC. First‚ she noted that she decided to use a single cost of capital because she did not believe that other segments with Nike were large enough to make a considerable difference on the weights. She determined that Nike’s segments also did not have a significant difference in risk to justify using a multiple cost of capital. We agreed with Joanna and also used a single segment
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conclude that deregulation is always and everywhere a bad idea would be to engage in the same kind of absolutist thinking that was‚ arguably‚ Milton Friedman’s greatest flaw. 结束放松管制总是和到处都是一个糟糕的想法将从事相同种系谱思考的是，可以说，米尔顿 · 弗里德曼最大的缺点。 “Footwear mogul Nike is still dealing with the back lash of a UK-instigated campaign that accused it of employing child labour in developing countries. It responded proactively with a rigorous CSR initiative‚including the
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Nike: Strategic & Operational Planning Albert Dwayne Johnson Jr. University of Phoenix Nike: Strategic & Operational Planning: When people think Nike‚ the first thing that comes to mind is a swoosh. The iconic symbol of the clothing brand can be seen as a way of life in sports clothing‚ stylish clothing and pop culture. Nike is a highly successful company‚ with all competitors‚ like Addidas or Converse‚ constantly working toward being on the same plane as Nike. The success
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Brand : Nike Inc. Definition Of Internal Value: A unique combination of systems‚ processes and networks within the organization to provide a sustainable differentiating factor among competitors and customers. Introduction: Nike was founded in the year 1964 when it was called by the name ‘Blue Ribbon Sports’ ‚ by Bill Bowerman and Philip Knight ‚ and later became known as Nike Inc.‚ (derived from the Greek Goddess of victory)in 1978. Explanation: Nike is one of the biggest sports
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Analysis of the financial data for Under Armour Inc. & Nike Inc. 1. Liquidity | Comparison between Nike & Under Armour | | 2010 | 2009 | Current Ratio | •Both companies have a ratio that is higher than the dangerous 1.0 current ratio.•The current Ratio of Under Armour is a bit higher than Nike`s which means that Under Armour is more efficient in terms of the operating cycle or in other words the ability to turn its products into cash. | •Both companies have a ratio that is higher
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