Wednesday, May 6, 2020

The Effect Of Ethics On Nike - 2167 Words

The effects of ethics on Nike By Lorenzo Thompson 1508128 Marking Tutor: Graham Herstell Contents 1. Introduction 2. Morals, Ethics and Nike 3. Ethical theories in the ethics of sport 3.1. Three Frameworks 3.2. The Consequentialist Framework 3.3. The Duty Framework 3.4. The Virtue Framework 3.5. Putting the Frameworks together 4. Ethical Decision Making of Nike 5. Doping in Sport 6. Conclusion 1. Introduction The ethics of businesses are under more scrutiny than ever before (Bones, 2014). Ethics can be considered as following a code of behaviour agreeable with the context of society and can also be defined as the application of moral and ethical considerations in a business environment (Hurn, 2008). Sport businesses have been targeted a lot more in recent years due to the conditions they place their workers in has become more apparent to the outside world. Nike are one of the world’s leading sports brands but have been faced with many allegations in recent years (Daily Mail, 2011) in regards to the conditions they put their workers in and their ethics and morals have been questioned. This report will critically evaluate the impact ethics has on the business operations of Nike and then analyse the reasons for why ethics impact the sport organisation. Finally, recommendations will be made to improve Nike’s business ethics. 2. Morals, Ethics and Nike Ethics can be described as theShow MoreRelatedEthical Issues Within The Workplace1375 Words   |  6 Pagesresponsible organizations like Nike consider the effect of their activities upon all stakeholders. What is asked that the business is ethically and socially accountable and when the stakeholder assembly converts disgruntled, the character of the business gets smudged as the argument of sweatshops smeared the character of Nike. The circumstance that is being discussed is the concern of Nike doing the right thing; to be ethically answerable. Ethics can be demarcated as the code of moralRead MoreEthics in Business: Overview of Nike Essay599 Words   |  3 PagesEthics is a major part in business, and every company that sells a product looking for profit is a business. In the American economy companies with the best ethics has the best profits. However companies occasionally fail to remain ethical in their activities, because they are too concerned with profits. Nike In c. is a worldwide company that is very famous for their designs and apparel wear, also it is a multination corporation that is engaged in the design and marketing. However Nike has pros andRead MoreSocial responsibility and Ethics in International Business Essay1392 Words   |  6 Pagesexploiting emerging opportunities and tackling their accompanying challenges relies heavily on how deeply they understand the dynamics of their operating environment† (as cited by Abebe, Elmuti, Minnis, 2005, p. 1024). Social responsibility and ethics Global expansion has developed a strategic imperative for nearly all large organizations and their managers. They have a great deal on their hands in developing, monitoring and changing their strategies. Becoming international is an important factorRead 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 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 MoreEthical Companies with Unethical Practices Essay1514 Words   |  7 Pagesof this assignment I will use the Nike Company to highlight its unethical practices. Despite the popularity of Nike in the American market, it has been accused of exploiting employees abroad. The corporate social responsibility stipulates that a company should maximize its profit and minimizes its cost in operations and manufacturing, also at the same time benefit the community it operates in. This paper will further elaborate on the global strategy employed by Nike Company as it outsources its goodsRead MoreInternational Trade And Outsourcing Of Products968 Words   |  4 PagesIn the 1990’s the effects of international trade and outsourcing of products became a reality to many. The national news, newspapers, and other media sources were beginning to show Americans and many others around the world the truth behind overseas manufacturing. A majority of people began to criticize companies fo r their use of sweatshops overseas. The critics began to bring up the subjects of child labor, worker’s rights, and low-wage labor. According to the Merriam-Webster Dictionary the wordRead MoreThe Ethical Dilemmas Of Nike1327 Words   |  6 Pages This paper will discuss the company Nike. Nike has had many ethical issues, which will be addressed. The ethical dilemmas that Nike faced will be evaluated under two ethical frameworks. The whistleblower part that was played in exposing Nike will be analyzed. This paper will evaluate whether Nike used marketing or public relations successfully when trying to repair the damage caused by the reported lapse in ethics. The company Nike operates in over 50 different companies. ThisRead MoreEssay on How to Evaluate Companies?1061 Words   |  5 Pagesthe factors that must be taken into consideration when evaluating a firm are the following : business ethics, corporate social responsibility, reputation on leadership, governance and the company’s culture (Ethisphere, 2013). These factors in fact are the indicators used by the movement Ethisphere which identifies The World’s Most Ethical (WME) Companies. To define each criterion, business ethics primarily deals on the company’s best practices in terms of adopting an effective program and complianceRead MoreNike Case Analysis: Maintaining and Working on Brand Image1029 Words   |  4 PagesNike Case Analysis The case concerning the Nike brand is a classic case of maintaining and working on brand image. Every aspect of a brand is important in the basis of building a strong clientele and becoming a trusted retailer. Nike endured challenges along the way in their quest to become umber one. They encountered criticism due to the unsafe working conditions, which took the life of one of their workers in a foreign land. Although they were not direct workers of the Nikes headquarters, they

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.