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Thursday, May 14, 2020

Nike s Code Of Ethics - 1842 Words

Nike is by far the number one sports brand for shoes and apparel in the world today. With an estimated 30.6 billion dollars made in 2015 and an estimated 32.4 billion dollars to made in 2016, business is going to keep increasing. Nike is a company that always wants to be the best in everything they do. Whether thats the sales they produce, or the athletes they recruit to represent their product. The code of ethics is what separates them from the rest of the pack and allows them to be the best at what they do. Nike’s code of ethics is based on honesty, loyalty, trustworthiness, fairness, and concern for others. Due to those core values, they are able to achieve legendary success. Honesty Honesty is something that may sound simple, but is something that a lot of companies may lack in trying to make their businesses successful. Nike is a company that prides themselves on being honest. Whether that is with the fellow athletes they want to represent, or with themselves on whether or not a product will work out and be successful. This not only makes the company feel good about the products they put out, but it cuts out any extra ideas that do not need to be addressed. The honesty that Nike has, I have experienced up close and personal. When I was in high school, my basketball team had a legit sponsorship from Nike. We got everything. Shoes, uniforms, backpacks, even socks. They paid for tournaments, travel gear the whole package. We were truly blessed to be in that situation.Show MoreRelatedNike s Code Of Ethics Essay1506 Words   |  7 PagesNike first began it success four decades ago, but in the process has violated multiple laws in order to gain profit. Nike has had so many business dilemmas including issues such as, their Code of ethics, exercised social responsibility, global impact, and their ability to conduct sustainable businesses world-wide. There are a multitude of advantages disadvantages of the Nike Corporation. Furthermore, there are multiple ways Nike can overcome their financial crises as a company. The Nike CorporationRead MoreEthical Implications of Expanding Business Abroad: Nike Case Study1241 Words   |  5 Pages1. The leadership at Nike initially failed to consider the ethical implication of extending their business abroad and primarily focused on the profits generated by the enterprise. If the company were to concentrate of the idea of integrity when deciding to build factories abroad it would have certainly experienced better results when considering its general image. Such an act would have most certainly prevented complication from arising and would have emphasized that Nike is generally concerned withRead MoreEthics, Intellectual Property, And Piracy1379 Words   |  6 PagesPersonal and business ethics in an ever-expanding technological world are challenged in many different ways. Multiple communication methods and the availability of the Internet have made a large world much smaller in the context of information sharing, so the importance of understanding and uti lizing measures to protect intellectual property and copyrights is vital to business success, ethical understanding and acceptance. In the following, I will specifically discuss the concepts of copyright, intellectualRead MoreNike CSR Analysis1581 Words   |  7 Pagesï » ¿ CSR Analysis and Impact on Operations Nike has a Code of Business Conduct and Ethics that includes its commitment to the environment and is a signatory of the UN Global Compact. Nike has created a team of sustainability managers led by an independent director. Its environmental goals include producing eco-friendly products and minimizing its environmental impact through the reduction of greenhouse gases, organic solvents and PVCs. Nike acknowledges the difficulty of tracking environmentalRead MoreCorporate Governance of Nike1748 Words   |  7 Pagesits capital is a corporation. There are also non-profit corporations organized for religious, educational, charitable or public service purposes. One of the corporations are the â€Å"Nike, Inc† which in other words can be said a company. And what here will be discussed the process how a corporate body that is Nike governs, ethic of it and the corporate responsibility of it upon the business world and balance of interest of the stakeholders such as Government, Employees, Customers, Suppliers, Creditors,Read More Nike Sweat Shops Essay707 Words   |  3 PagesNike Sweat Shops I am writing this letter to express my concerns over Nikes labor practices in Asia. There has been much debate and controversy recently concerning Nikes Asian labor practices. It is very difficult to determine which side of the argument to defend, as both acknowledge the problems yet put a completely different spin on the facts. I will try to show that Nike has created a cloud of smoke in Asia that the public cannot see through. Nike does not own any of the factories thatRead MoreUnethical Business Practice: Nike1499 Words   |  6 Pages The role of the government also plays a major role in these challenges that are faced by Nike. As we know that government laws and regulations differ from country to country and this makes manufacturing of products very difficult challenge for the international companies like Nike. The host governments have laws concerns against consumer protection, information and labeling, employment, wages and salaries and safety of the workers who work in those firms. The international organizations must keepRead MoreEssay Nike- Ethical Issues1454 Words   |  6 PagesAnalysis: Nike Introduction Nike was established in 1972 by Bill Bowerman and Phil Knight. These two men were visionaries. The goal for Nike was to carry on Bowerman’s legacy of innovative thinking by helping every athlete reach their goal or by creating lucrative business opportunities that would set the company apart from any competition. This included providing quality work environments for all who were employed by Nike. Read MoreEssay on Nike: Moving Beyond Sweatshops1779 Words   |  8 PagesNike 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. They expend great of time, money, and resources to ensure that they are fulfilling their ethical duty, and achieving the highest standards of ethical responsibility. Because of Nike’s efforts to maintain their ethical integrity, Nike is a good corporate citizen. Nike’s motto says that Nike Inc was founded on a handshake. Their goalRead MoreThe Contemporary Challenges Of Outsourcing1244 Words   |  5 PagesM.P.A Contemporary Challenge Essay Outsourcing â€Å"Outsourcing is the transfer of control of a process or product to an outside supplier†(Hasan). For this assignment, please identify a contemporary management challenge (e.g. diversity, globalism, ethics social responsibility, etc.). Then, identify a company or organization that you believe has been impacted by this contemporary challenge. Write a minimum four-page paper, with a cover page, and works cited page (in addition to the four-page minimum)

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