Case Study: Nike‚ Inc.‚ and Sweatshops Summary: As a company‚ Nike has been the dominant presence in the athletic apparel industry globally. Although they were not the only company known to practice unethical manufacturing processes‚ they were the major target of criticism because of their leadership role. To fight back against the negative publicity‚ Nike changed many working conditions and practices‚ arranged for independent audits by very reputable individuals in the industry to rate these
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Nike: The Sweatshop Debate MGT/448 May 31‚ 2010 Instructor: Adrianne Ford Nike: The Sweatshop Debate The purpose and intent of this paper is to describe the legal‚ cultural‚ and ethical challenges that face the Nike Corporation in their global business ventures. This paper will also touch on the roles of the host government and countries where Nike manufactures their products and the author will summarize the strategic and operational challenges that Nike managers face in globalization of
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Shareholder and Stakeholder Over the last decade‚ with the rapid development of business management‚ the Shareholders who are the effective owners of the company invest money into the business and want as much profit as possible as a return for their investment. Shareholders will engage manager to help them to run the business and make various decisions in different aspects in order to maximize potential wealth. There seems to be no doubt that a manager has a legal responsibility to shareholders
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What is Stakeholder Analysis? Stakeholder Analysis (SA) is a methodology used to facilitate institutional and policy reform processes by accounting for and often incorporating the needs of those who have a ‘stake’ or an interest in the reforms under consideration. With information on stakeholders‚ their interests‚ and their capacity to oppose reform‚ reform advocates can choose how to best accommodate them‚ thus assuring policies adopted are politically realistic and sustainable. Although Stakeholder
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and the wage that is as low as 15 cents. People address such workplaces as sweatshops. More precisely‚ sweatshops are the workplaces where workers’ fundamental rights are not respected. We often show sympathy to the workers who work in the sweatshops. Sometimes people in the developed countries intend to ban consuming the sweatshop products. So‚ corporate giants who use sweatshops would raise the conditions for the sweatshop workers. However‚ sometimes well intended action has undesired consequences
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September 18‚ 2013 Big Bucks in the Sweatshop Department Often when people‚ Americans in particular‚ think of sweatshops with the vision of ten year old workers exhausted from working long hours‚ children struggling to keep up the pace needed to satisfy the manufacturer’s quota for the day‚ and then after a hard day of work only ending up $3.00 for their time and effort. But do people consider how vastly the economical differences vary from country to country. Sweatshops are absolutely beneficial to
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make a profit. Sweatshops are factories where people who live in developing countries work. Sweatshops are famous for overworking and abusing their employees‚ having small‚ cramped work spaces where there is little to no ventilation. American companies use sweatshops to get their products quickly manufactured and selling for the cheapest price possible. American Companies should not be allowed to use sweatshops and American consumers should stop buying products made by sweatshops in order to keep
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Economic aspect of Sweatshops Often times‚ economists are asked about sweatshops. Economists across the political spectrum have pointed out that for many sweatshop workers the alternatives are much‚ much worse. Working in the apparel industry in any of the sweatshop operating countries results in earning more than the average income in that country. In half of the countries it results in earning more than three times the national average. Individuals often assume that sweatshops are morally wrong
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According to Kerzner‚ “Stakeholders are individuals or organizations that can be favorably or unfavorably impacted by the project” (Kerzner). Stakeholders can be internal like employees or they can be external like suppliers. Some best practices include identifying all stakeholders‚ determining their level of interest & importance levels‚ paying attention to cultural influences and listen to all opinions and apprehensions‚ list all stakeholder expectations clearly‚ identifying tasks and who
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Pertaining to the issue on Sweatshops overall‚ it always existed in the past and many employees‚ including women were taken advantage by employers under this concept. Throughout the course of time‚ many companies began to take their businesses to places other than the United States for that the price they will pay for production of goods would be a fraction of what they would pay if their business was in this country. In regards to the concept on Sweatshops overseas‚ it is certain that businesses
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