SWEATSHOPS: UNLOCKING THE POWER OF POVERTY Introduction How should Global Corporations behave in a period of 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
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Financial and Non-Financial Justifications Nike is the largest seller of athletic footwear and apparel in the world that selling products primarily through a combination of retail accounts.Nike itself owned a retail‚ including independent distributors‚ stores and e-commerce ‚franchisees and licensees worldwide. Build a profitable global portfolio of branded footwear‚ apparel‚ equipment and accessories businesses is a goal of the company while their strategy is to achieve long-term revenue growth
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Social strategy at Nike Identify and evaluate various types of social strategy pursued by Nike through its Nike+ ecosystem Nike has been one of the top companies in taking their marketing to the next level. Nike was able to reduce the company’s advertising by 40% and now they are linking social strategy with the product and experience. This really allowed for the company to foster closer relationships with customers and create a community. Nike first started with Nike.com website and was able
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.... 1 2.1 2.2 Human Resource Background ..................................................................................... 3 Human Resources Management .................................................................................. 5 HRM of Nike Inc. & Subsidiaries........................................................................ 5 2.2.1 2.2.1.1 Human resources management and the environment ....................................... 6 2.2.1.2 Acquiring human resources ..........
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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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internally the organization has trust‚ confidence‚ discipline‚ respect‚ for each soldier and the management. Nike is in constant movement‚ and under restructuring. Using the talents of veteran employees and bringing in new and fresh ideas is important to the innovation process within each department. Nike encourages internal movement (Nike.com 2006) where it makes good sense for the employee and Nike. Economy Economy in the Army effects organizational
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and partially unplanned. Mintzberg’s 5 Ps for Strategy would have helped nike in the following ways: • Plan • Ploy • Pattern • Position • Perspective. Plan Nike planed to revolutionise their demand and supply chain management system with a $400 million 18month prodject‚ by replacing the old supply chain system with a new system. They intended a course of action and a guideline to deal with their situation. By mintzbergs definition strategies they had two essential characteristics:
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TABLE OF CONTENTS Executive Summary . p.4 History .. ..p.6 Profile of CEO . ..p.7 Competitor ’s Profile . .p.7 Industry Profile ..p.8 Company Analysis p.9 Industry Analysis ......p.24 Top Competitor Analysis .p.25 Other External Forces
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its supply chains around the world? a. Apparel manufacturers and distributors face many unethical horizons when conducting business overseas. There primary goal in outsourcing is to reduce costs anywhere deemed possible. Although‚ companies such as Nike fall into a slippery slope when production is high‚ exposure is minute‚ and regulation nearly a pipe dream. This type of behavior leads to inhumane working conditions; such as strenuous work hours‚ minimum pay‚ and restrictions to god-given rights
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History of Nike and E-commerce Nike is a major publicly traded sportswear and equipment supplier based in the United States. Nike‚ originally known as “Blue Ribbon Sports” was founded by University of Oregon track and field coach Bill Bowerman and student athlete Philip Knight in January of 1964. Blue Ribbon Sports was operated out of Knight’s automobile trunk‚ as a distributor for Japanese shoe make Onitsuka Tiger. Three years later in 1967‚ Blue Ribbon Sports opened up its first retail store
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