Monday, May 18, 2020

Nike Corporation Essay - 732 Words

Identify a global organization with a multinational presence. Identify and research a cultural issue that affects this organizations interactions outside the United States. Define the issue and provide an overview of how it became an issue in the organization. Prepare an analysis of the ethical and social responsibility issues your organization must deal with as a result of being global. Write a 1,050- to 1,400-word paper summarizing the results of the analysis. Include the following: Identify ethical perspectives in the global organization. Compare these perspectives across cultures involved in the organization. Describe a viable solution for this issue that could be acceptable by all stakeholders.†¦show more content†¦An investigation was conducted where Nike was found to have a large number of cases that involved forced labor or child labor law violations in some of the large apparel factories of Nike. In a particular factory in Malaysia, it was found that Nike was operating production in terrible working conditions for the employees in addition to the forced labor. It was found that Nike had underage children working in sweatshops up to seventy hours a week in unhealthy conditions making their products. Pakistan has a population of approximately 1 million people and it is also an important location or â€Å"hub† per say for the production of goods that are to be... Cross Cultural Perspectives A money-spinning product fed by an incongruous campaign Just Do It, Nike a global company who increased its share from $ 877 million worldwide to $ 9.2 billion within 10 years (Nike’s â€Å"Just Do It† Advertising Campaign, 2011). A brilliant profit boosting marketing campaign, in which many evoked possibilities, audacity whereas others evoked indifference for human rights standards, and the ecological system. This paper will provide an analysis of Nike’s social responsibilities, and ethical issues on global production. Concerns as child labor laws, wages violations, lack of health and safety on workplace, and ecological insolence (A Cultural Study of Nike, 2011). Additionally, this document will assess the ethical perspectives acrossShow MoreRelatedEssay on Analysis of Nike Corporation1746 Words   |  7 PagesAnalysis of Nike Corporation Financial Analysis Description of Company History Nike Corporation has become one of the most competitive sports and fitness companies worldwide. Two runners, Bill Bowerman and Phil Knight, from a small town in Oregon embarked upon the business with a handshake agreement. The enterprise began in January of 1964 with the introduction of Blue Ribbon Sports. 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