social responsibility statements are effective ways of ensuring multi-national companies act ethically. Discuss For the past few years there has been lots of discussion about Corporate Social Responsibility. Most of the multinational companies issue every year a report on their practices. They try to get involved into communities, fight the poverty in the third world countries and donate millions of ponds every year to charities to as they say “build the better future”. But are their corporate
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What ethical issues faced by MNC's in their treatment of foreign workers could bring allegations of misconduct in their operation? Answer: The ethical issues faced by MNC's in their treatment of foreign workers are given below: a. Employing child labor b. Using workers overtime c. Paying unfair salaries d. Treating inhumanly with workers e. Providing poor working condition for the employees f. Women discrimination g. Unfair business with minorities such as older worker, religious minorities
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Introduction The Nike Corporation is rightfully considered one of the most successful international corporations. Despite its status of the leading athletic shoe and apparel producer, the company’s image has been marred with frequent accusations of exploiting underpaid employees in places like China, Indonesia, Thailand and Vietnam (Fung, O’Rourke, Sabel, & Cohen, 2001). Although a great deal of responsibility does fall on the company’s management, it is also the governments of host countries who
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Nike: The Sweatshop Debate Nike is a well-known global corporation. Recognized for its catchy “Just Do It!” slogan and the world-class athletes that represent the brand. Nike was established in 1972 by Phil Knight a former collegiate track star whom enthusiasm has lead the company to become the leading provider of athletic shoes and apparel in the world. Although, Nike is a multiple billion-dollar company they have faced several challenges in the way they conduct international business. Nike
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Mr. Ernesto Saborio Business 600 Final Paper August 27, 2012 By Keith Alston In today's workplace, communication is the key of every aspect of your job. With the increased globalization of workplace settings across most industries, today’s managers need a more precise understanding of intercultural communication in an effective management strategy. It is important that managers proactively engage in communication skills assessment and make necessary adjustments in order to address the current
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COMPANY CASE STUDY Cevdet KIZIL Master of Science in Organizational Leadership Program 1- Knowing that its managers are willing to trade off some economic efficiency in order to operate according to their collective view of what is “ethical”, would you buy shares of stock in this company? Why or why not? First of all, I think we are experiencing a paradox in this situation. Because, the company is trading off economic efficiency in order to operate, but it’s a well known fact that
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Case Study: “Nike: The Sweatshop Debate” Global Business Strategies - MGT 448 Introduction This document will explain the difficulties in the legal, social, as well as ethical area which the Nike Corporation had encountered because of carrying out international business in Vietnam government. This document prosecutes the strategically as well as operational problems which make part of Nike and equally demonstrates the part of Nike in the scandal of the operation plant and the moral problems
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Course Case No 12 Nike: From Sweatshops to Leadership in Empoyment Praticses Group’ name: 1. Huynh, Tram : ID#: 179105 2. Nguyen, Uyen : ID#: 179119 3. Tran, Xuan : ID# 179128 4. Dinh Tran, Ngoc : ID#: 179139 5. Nguyen, Phuc : ID#: 179150 6. Kim Nguyen : I- Summary: Nike Company was founded in 1964, Nike officially changed
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the challenges regarding corporate social responsibility that companies in the apparel industry face in its supply chains around the world? Since the apparel industry is a labor intensive industry, it is one the most susceptible industries to the issues faced with regards to corporate social responsibility (CSR). The apparel industry is basically focused on providing timely efficient production and overlooks the corporate social responsibility it is entitle to serve. Unfortunately these industries
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Business Environmental Audit Critically assess the strategic Direction of the Nike brand William Hanrahan (060953199) ACE1004 Introduction to Management Contents 1.0 Executive Summary 2.0 Introduction 3.0 Nike 3.1 History 3.2 The Market 3.3 Industry Analysis 3.4 Trouble Ahead for Nike? 3.5 Nike Advertising 3.6 Brands of Choice 3.7 Nikes other Brands 3.8 Targeting New Markets 3.9 Financial Performance 4.0 External Market Drivers 4.1 Political Drivers 4.2 Economic Drivers 4.3 Socio-Cultural
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