Business Ethics Of Nike
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Table of contents dita kovaříková and doan thi van business ethics mgt255 2 3 i.
Business ethics of nike. Purpose of the report 2 a snapshot of nike s business ethics 3 ethical dilemma s facing nike 4 nike s best ethical practices 7 conclusion 8 references 9 executive summary as globalization increases the scope of the multinational companies mncs to penetrate the market both for cost effective labour and markets also has far reaching consequences. Nike inc has grown to be one of the world s big brands. Nike had been accused of using sweatshops to produce its sneakers and activewear since the 1970s but it was only in 1991 when activist jeff ballinger published a report detailing the low wages and poor working conditions in nike s indonesian factories that the sportswear brand came under fire.
This growth comes with is a big responsibility. Nike inc business code of ethics. How ethical is nike.
This code of conduct was mandatory and was to be followed by all of the team members of nike whether they were the sales agents consultants representatives independent contractors or even external. Code of conduct to better reflect our priorities across labor health and safety and the environment as well as to further align with the expectations of key stakeholders for nike and our industry. Nike is very unethical according to the kantianism theory of business ethics.
Five named executive officers received over 1m in total compensation in the same year which ethical consumer considers to be excessive pay. 1 team assessment mgt 255 2 business ethics spring 2014 2. It owes this big growth to its customers shareholders and its employees.
This work has been submitted by a student. Business ethics a case study on nike free download as pdf file pdf text file txt or read online for free. Nike business ethics 2700 words 11 pages.
Nike is one brand which achieved the top in world class by setting high standards and following the business ethics by forming a code of conduct. In 2019 nike s highest paid executive officer received an astonishing 13 968 022 around 11m. Business assignments retail business ethics nike fashion disclaimer.
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