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The Nike Corporation Case

Autor:   •  January 17, 2014  •  Case Study  •  315 Words (2 Pages)  •  1,118 Views

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The Nike corporation is one of the largest suppliers of sports apparell and sports shoes with a revenue of about 24 billion dollars. It was founded by Bill Bowerman and Phil Knight in 1964. Since then, it has grown largely around the world and gained popularity for all its goods. However, like most multibillion dollar companies, it has it flaws. This corporation has had anti-globilization and human rights group targeting them because of sweatshops. The sweatshops, known as factory, though has brought employment for thousands of people outside of the US and mainly in Asian countries such as the Philipines, Vietnam, Thailand, Pakistan etc, it hasn't been in the best conditions. People are working minimal wage and in hazardous conditions. The ethics, the morals that you would think such tremendous company would have is nowhere to be found. They have people working in the factories making less than two dollars a day. It is bizarre especially coming from a company who makes that twenty billions times that in a year or so. Yes, it has given them opportunities but where is the humanity? These people are in need and they are creating the shoes that you sell for about $100 a pair, you would think that because of the profit they could increase the wage to at least minimum. Also, not only are they getting paid a misery, supposedly the working conditions are horrendous. It is believed that they have exploited their employees. I don't really believe so, or at least I hope thats not the case but I wouldn't be surprised. Now a days, (sadly but true) the rich gets away with everything but what about their government? Is it a contract that they have with Nike? Are they aware of the working conditions? Could Nike offer more but has not been allowed because of the government?

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