History[ edit ] Business ethics reflect the norms of each historical period.
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Finding solutions to these new global realities is very difficult but not impossible; it just requires some hard thinking and some hard decisions. Where are the leaders with the vision to take up the challenge?
Part II identifies the major stakeholders of Nike and further discusses the management of the identified stakeholders with recommendations for alternative courses of action.
Part III attempts to further evaluate the alternative courses of action in detail following which Part IV talks about what success at Nike would look like.
Also, the paper contains my recommendations on behalf of the management to what Nike should do in order to effectively tackle the primary CSR issues it faces today. As one of the most visible brands in the world, and the dominant player in its market, revelations such as these brought Nike into the centre of unprecedented controversy over labour rights in a globalized economy6.
Furthermore, the deeply embedded historical animosity between Korean and Taiwanese managers and Vietnamese workers has added a cultural sensitivity to the entire issue.
Working conditions are both a Human Rights and a Labour issue addressed by both international human rights and labour instruments. Make sure that they are not complicit in human rights abuses.
The elimination of discrimination in respect of employment and occupation. This is due to the availability of cheap labour in the countries like China, Indonesia and Vietnam. However, this opens the path for exploitation of human rights which caused the issue in the first instance.
Nike today operates in a highly competitive industry. Instead of managing stakeholders effectively and trying to proactively incorporate their interests in their CSR initiatives; Nike has widely dismissed the issues, putting the onus on the subcontractors.
Nike argues that the unacceptable practices are an exercise of the suppliers who are not their own employees. At the first look, it may be argued that this issue is a moral issue representing a relationship between Nike and the principles expected by the wider society in which it operates8.
Nike today is losing societal legitimacy due to the social activism that is haunting the management and defaming the organisation. Also, Nike is operating within the legal framework of the Southeast Asian countries with the wages being at par or above the minimum legal wage.
It is interesting to note that what was considered discretionary responsibilities of for-profit organisations is increasingly becoming ethical or even legal requirements with changes in the society pressures from the western developed societies in the case of Nike within which the business operates.
Some excerpts from the case that prove this: If they changed and raised their human rights standards, it could be set a precedent for the entire apparel and garment industry. Imagine millions spent on newspaper ads, new hires etc to clean our image- something which could have easily been avoided if we had been more proactive.
Violations of ethical and discretionary standards are not just inappropriate; they present a rational argument for CSR. What percentage of factories was not following the Code earlier?
The argument in favour of CSR presupposes that there are benefits for Nike being perceived as a net contributor to the society. Like any other for-profit organisation, Nike too has internal and external stakeholders. This section of the paper identifies the key stakeholders of Nike and attempts to rank their priorities and goals.
These groups work to raise human rights issues and aim to spread awareness about the human rights and labour issues. However, it is important that Nike incorporates the interest of these stakeholders in its corporate strategy.
After all, Nike cannot flourish in a failing society.The Emperor Justinian and the Byzantine Empire (Greenwood Guides to Historic Events of the Ancient World) - Kindle edition by James Allen Evans. Download it once and read it on your Kindle device, PC, phones or tablets.
Use features like bookmarks, note taking and highlighting while reading The Emperor Justinian and the Byzantine Empire (Greenwood Guides to Historic Events of the . Business ethics (also known as corporate ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business grupobittia.com applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.
These ethics originate from individuals, organizational statements or. Essay about Nike: Moving Beyond Sweatshops - Nike Inc takes pride in being an ethical company. Nike places their responsibility to their stakeholders, internal and external, at the top of their priority list.
In terms of strengthening Nike's corporate responsibility, the famous sport brand learned that improve lives is a key direction in increase profits and social responsibility by collaborating with suppliers in third world to limit employees working overtime, ensure freedom of .
Nike and Corporate Responsibility This Essay Nike and Corporate Responsibility and other 64,+ term papers, college essay examples and free essays are available now on grupobittia.com Autor: review • May 23, • Essay • 1, Words (6 Pages) • Views.
"To be governed is to be watched over, inspected, spied on, directed, legislated, regimented, closed in, indoctrinated, preached at, controlled, assessed, evaluated.