In this lesson, you will learn about the impact of business decisions on stakeholders and the various difficulties in making appropriate ethical decisions that result in fair outcomes for all. Area: an organisation 's corporate social responsibility policies, including business ethics, and their impact on business practice and key stakeholders title: how does nike reconcile the need to minimise the cost of manufacturing with the need to meet the ethical and social expectations of its. Companies seeking to ethically and effectively com-municate with stakeholders the purpose of this article is neither to condemn nor commend nike’s practices or course of action. Nike is the top clothing retailer with teens, according to a recent survey nike on facebook analysts and consumers alike have long viewed nike as invincible to the problems in the retail world.
Nike and levi’s-run brand collaboration meetings in asia continued engagement with the carbon disclosure project on the implications of climate change on commercial operations and shareholder value marie stopes international and concepcion caceres women’s health project in honduras. Key stakeholders in nike sweatshops and impact on operational ethical issues interpersonal behavior in the workplace: trust nike inc, the sports apparel multinational company has been under suspicion and scrutiny for their practice of the unfair treatment and negligent labor habits in their offshore factories. Arguments for and against sweatshops uploaded by in accordance with immanuel kant’s ethics, opponents of sweatshop dispute the arguments justifying unconscionable wages by asserting that sweatshop sweatshops overlook human dignity and human rights (kant 1971, p273) nike has shifted its business to china and indonesia to maintain.
Nike is known for their use of sweatshops in china with child labor, low wages, overtime hours, and bad working conditions to produce their products at a low cost, to then be sold at a high price in the us. Marketing ethics can involve societal issues such as the sale of products or services that may damage the environment or global issues such as the use of child labor true the consideration of stakeholders and their interdependence is one of the four overriding principles of conscious marketing. Nike, inc’s corporate responsibility & sustainability committee of the board of directors review significant strategies, policies, and activities and make recommendations to nike’s board of directors regarding sustainability (including labor and environmental practices), community impact, and charitable activities. Individual stakeholders will have to innovate or adapt to these trends, and understand their impact on clinical care decision-making the clinical care decisions that are increasingly shared among the various stakeholders will have to balance the economic and the clinical consequences among stakeholders. Nike inc and sweatshops stakeholder analysis who makes up internal (primary) & why are they concerned internal stakeholders have an inherent vested interest in the company because actions of the company directly and personally affect them.
How can operations managers analyse csr issues key operations questions part five corporate social they will impact on operations management in practice of course, business operations and in their interaction with their stakeholders on a voluntary basis. Nike and the negative controversy with sweatshops abstract the following will discuss the ethical and social issues in the nike, inc and sweatshops case it will also discuss why nike should be held responsible for what happens in factories that it does not own, and whether nike has a responsibility to ensure that factory workers receive a. Identifying and prioritizing stakeholders can enable a company to focus on developing relationships with a few key stakeholder organizations over time, gap’s stakeholder engagement strategy has improved perceptions of the company.
Ethics of sweatshops: managing global labour standards in the sporting goods industry 1 ethics of sweatshops: managing global labor standards in the sporting goods industry jenifer kesik 2 nike ethics eonemo case study (niki sweatshop) british council. Of key stakeholders to reported corporate performance on environmental, social and governance (esg) factors responsibility is taken for the impact of internal operations, as well as those of associated entities such as supply 4 keys to sustainability leadership • five best practices. The ethical issues of wal-mart introduction: a stakeholder is a person or a group that has an investment, share or interest in a business or an industry, it can also be classified as anyone that has an influence on the business. Key stakeholders are those individuals or groups whose interest in the project must be recognised if the project is to be successful - in particular those stakeholders who will be positively or negatively affected during the project or on successful completion of the project 2 on-key stakeholders are those individuals or groups whose needs do.
Corporate social responsibility (csr) promotes a vision of business accountability to a wide range of stakeholders, besides shareholders and investors key areas of concern are environmental protection and the wellbeing of employees, the community and civil society in general, both now and in the future. Since the 1970s, nike, inc has been accused of using sweatshops to produce footwear and clothing items nike has denied the claims in the past, suggesting the company has little control over sub-contracted factories beginning in 2002, nike began auditing its factories for occupational health and safety issues. This article discusses the phenomenon of sweatshops in the developing countries that are a result of the intense price competition in the global marketplace the fact that the working conditions of the workers who make these cheap products are often brutal is the key aspect that is highlighted. This hub examines the nike sweatshop debate, and addresses the following: 1) summarizes nike's case focusing on key points 2) describes the legal, cultural, and ethical challenges that confront nike as a global business.
Operations management problems at nike operations management is a vital business function that remains a very important field of study in both academia and the corporate world operations is concerned with the transformation of inputs into outputs, and how this transformational process is managed determines the efficiency and profitability of a. Whether you run a company that sells widgets, windmills, or wine tasting services, you have many responsibilities that extend beyond making money and paying bills ethical business conduct is a.
Starbucks is effective in its corporate social responsibility efforts, although more effort is needed with regard to the stakeholder group of coffee farmers, as well as the issues of youth rates and tax avoidance in some regions. Nike inc stakeholders’ interests are satisfied through the company’s corporate social responsibility (csr) programs the corresponding csr policy and strategy are based on nike’s consideration for communities and customers, whose interests significantly influence the company’s design and production of its athletic footwear, equipment and apparel. Nike case study | ethics ethics home posts rss analysis and how the impact the operational/ ethical issues of the organization, the paper sweatshops tarnished the reputation of nike) what the stakeholders want from the company is that they want their needs to be maximizing their value in the company. 180 strategic management of stakeholders: theory and practice stakeholders is likely to have a powerful effect on the feasibility of an organization achieving its stra- tegic goals and thus helping assure its long-term viability.