Nike: The Sweatshop Debate By: Group 1 (Pro) & Group 2 (Con)IntroductionNike, es

Nike: The Sweatshop Debate By: Group 1 (Pro) & Group 2 (Con)IntroductionNike, es www.phwiki.com

Nike: The Sweatshop Debate By: Group 1 (Pro) & Group 2 (Con)IntroductionNike, es

Roberts, Jack, Executive Producer has reference to this Academic Journal, PHwiki organized this Journal Nike: The Sweatshop Debate By: Group 1 (Pro) & Group 2 (Con)IntroductionNike, established in 1972 by Philip Knight.Leading corporation in athletic shoes in addition to sports-equipment.The numbers Yearly revenue of $19.2 billion (2009).Products in 140 countries.Contracts to 700 factories in 45 countries.Employing 800.000 people in the supply chain. Introduction (Past two decades ) Anti-globalisation in addition to human rights groups such as Global exchange targeting Nike as long as ,SweatshopsChild labour.Hazardous working conditionsBelow subsistence wages.Measures taken by Nike,Code of conduct.Decommissioning.Auditing tools in addition to task as long as ce.

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Nike: The Sweatshop Debate Group 1 (Pro)Economic Development : Pro NikeThe only thing worse than being exploited by a capitalist is not being exploited by a capitalist. – Joan Robinson, post-Keynesian economistAre the Jobs Worth the SweatThese factories are an important economic opportunity as long as the people who work in them.The average pay at a Nike factory close to Ho Chi Minh (Vietnam) is $54 a month, almost three times the minimum wage as long as a state-owned enterprise.Economic Development : Pro NikeIn Vietnam in addition to Indonesia in 2000 in addition to found that workers there earned on average five times each country’s respective minimum wage. (University of Michigan professor Linda Lim) Per-capita consumption among Vietnam workers in as long as eign-owned companies is twice the national average.(University of Minnesota professor Paul Glewwe)The affiliates of U.S. multinational corporations pay on average twice the local wage in the developing world.(Edwin M. Graham of the Institute as long as International Economics)

Economic Development : Pro NikeTen years ago, when Nike was established in Vietnam, the workers had to walk to the factories, often as long as many km. After three years on Nike wages, they could af as long as d bicycles. Another three years later, they could af as long as d scooters. Today, the first workers can af as long as d to buy a car.The Nike job comes with a regular wage, with free or subsidised meals, free medical services in addition to training in addition to education. The most persistent dem in addition to Nike hears from the workers is as long as an expansion of the factories so that their relatives can be offered a job as well.Legal Systems: Pro NikeYes Nike is responsible as long as the conditions of the as long as eign factories, where they had subcontracted their production. In 1998 Nike changed the minimum age requirements to 17 yrs ILO (International labor Organization) in all manufacturing countries.Nike sent letters to universities in addition to college presidents to announce their health, safety in addition to minimum wage requirements. Employment: Pro NikeNike pays Indonesian workers ($2.28), whereas an average worker receives less then $1 a day.Benefit the least-advantaged members of the global societyStrong market dictates the price. Workers have a choice to choose where they want to workNike have hired independent auditors to make sure that the company subcontractors are living up to Nike’s code of conduct.

Nike’s immediate ef as long as ts to resolve the sweatshop work conditions:Nike joined a presidential task as long as ce in 1996 to find a way of banishing sweatshops, Fair Labor Association1997: independent organizations like E&Y to audit its subcontractors’ factoriesTerminated relations with Indonesian subcontractors who were unwilling to comply with Nike’s st in addition to ard as long as wage levels in addition to work conditionsEthics: Pro NikeCode of social Responsibility in their supply chain“ with integrity in addition to a commitment to the highest ethical st in addition to ards” – Nike, Code of EthicsEthics: Pro NikePublic Perception: Pro Nike“There aren’t too many sweatshops, but that there are too few”Better than starvation & destitution.The conditions in the contract factory nowadays. Public perspectiveSweatshop are not all bad, they can be considered as a better option as long as the world than a bad one.

Conclusion: Pro“Exploiting people Nobody in my country thinks about companies exploiting them. When there is a new company opening a factory, people are excited about it” June Arunga, journalist from KenyaXNike: The Sweatshop Debate Group 2 (Con)Economic Development: Con NikeDichotomy of Global Development$12.8 Million Dollars/ Year $480 Dollars/ Year vs.

Legal Systems: Con NikeLabor LawCollective Labour LawIndividual Labour Law- Contract of EmploymentEmployment Law: Con NikeEmployment Practices Human RightsUniversal Declaration of Human RightsEthical Dilemmas – Exploitation or job providerEthics: Con NikeNike- A Good Chess PlayerPhilippines KoreaIndonesia Vietnam“A Symbol of the Evils of Globalization”

Public Perception: Con NikeUSAS- United Students Against Sweat ShopsWRC- Worker’s Rights Consortium “Nike’s Wealth was built upon the backs of the worlds poor”Conclusion: ConAs of 2009 Nike walked away with $1.4 Billion in per annum net income. The question is “why”“Greatness is earned, never awarded.” – NikeReferencesHILL. W. L. C., International Business, competing in the global marketplace, McGraw-Hill companies, New York, 8th edition, chapter I-VI.http://www.nikebiz.com/responsibility/http://www.foxnews.com/story/0,2933,119125,00.htmlhttp://www.saalonmuyo.com/2009/01/16/man-in-suit-says-sweatshops-are-good/http://blog.riseofreason.com/why-“sweatshops”-are-good- as long as -everybody/10/http://www.econlib.org/library/Columns/y2008/Powellsweatshops.htmlhttp://english.vietnamnet.vn/reports/2005/11/510780/http://www.nikebiz.com/responsibility/workers- in addition to -factories.htmlhttp://invest.nike.com/phoenix.zhtmlc=100529&p=irol-govConduct

BibliographyJournal of Business Ethics; Aug2008, Vol. 81 Issue 1, p143-156, 14p, 3 Diagrams, 2 ChartsJournal of Business Ethics; Apr/May2008, Vol. 79 Issue 1/2, p179-198, 20p, 5 Charts, 2 GraphsInternational Business by Charles W. L. Hill, ISBN: 0073381349, published by McGraw Hill/Irwin (7th edition).

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Roberts, Jack Executive Producer

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