Saturday, May 23, 2020

A Case Of Globalization ; Nike. University Of The People

A Case Of Globalization; Nike University Of The People Two decades ago advances in technology developed innovated the way individuals and business interact with each other. Innovations made possible to increase productivity, it made possible for companies and individuals to multitask, for the world to be united, and in general for us to be us. We can summarize this, as the most innovative time of globalization. Globalization comes because advances in technology, desire of individuals to succeed, and innovations in our daily life have made it possible. However, the same actions that have make possible globalization to be global, has been also harmful the world we live in. Twenty years ago, thousands of companies look for a way to survive and innovate their markets, recessions, opportunities, and risk, made possible for companies to increase revenues and operate worldwide. Pheriperial countries usually lack in advance technology, innovation, and basic goods, but where there is crisis; there is also opportunity. With this said, a company that in the 90’s, and nowadays is a clear example of globalization is Nike. The sports goods company started from the bottom and now is the most successful company in the athletic industry with a registered revenue in 2015 of over $7.8 billion dollars. Nonetheless, in with the intention to grow, Nike, expanded to Asia, where some of its strategic partners were located. The low wages, and different labor laws andShow MoreRelatedGlobalization Of The United States850 Words   |  4 Pagesopposed to third world countries that trail behind. Former U.S. Secretary of State, Henry Kissinger, stated, â€Å"What is called globalization is really just another name for the dominant role of the United States† (Prompt), proving that globalization sets a fine line between the perks of those fortunate enough in a capitalistic nation and those who are not. The thing about globalization systems is that they have a way of affecting every country, every business, and every person. Author of Longitudes andRead MoreCase Study Of Nike, A Global Environment, Transportation And New Technologies1021 Words   |  5 PagesNowadays, businesses must think big. It is not enough to be the best in the city or even the country. The goal should be to go global and take advantage of the opportunities offered by the phenomenon of globalization and be part of the â€Å"global market†. This is rather ambitious but some companies have stepped out their country’s borders and have gained global recognition. This has been possible mainly thank to the important advances made in the 20th century, especially in the area of communicationRead MoreCase Study Of Nike, A Global Environment, Transportation And New Technologies1021 Words   |  5 PagesNowadays, businesses must think big. It is not enough to be the best in the city or even the country. The goal should be to go global and take advantage of the opportunities offered by the phenomenon of globalization and be part of the â€Å"global market†. This is rather ambitious but some companies have stepped out their country’s borders and have gained global recognition. This has been possible mainly thank to the important advances made in the 20th century, especially in the area of communicationRead MoreThe Expansion Of Globalization : Mncs ( Kapferer )969 Words   |  4 PagesObjective With the expansion of globalization which led multinational companies to transfer their production activities to the most stable developing countries; maintaining and improving the brand image, has become one of the major concerns for MNCs (Kapferer, 2008). The social, cultural and political diversity of host countries (subsidiaries) caused a very different degree of brand standardization among countries. Some of the advantages that economists in developing countries are expecting fromRead MoreNike Business Case Study1380 Words   |  6 Pagesbusiness culture, it is crucial for a business to behave ethically. Ethics can be defined as, â€Å"the study of how people ought to act† (Lecture 1, 2017). Businesses do not behave ethically because they think their profits will increase, even though unethical behaviors can be costly to a company. When a business acts ethically correct, society benefits from the encourage economic competition, people feel better about working for that c ompany, and it s the right thing to do which can cause personal happinessRead MoreNike Outsourcing2367 Words   |  10 Pagesvaluable resource for Nike. Cutting costs by employing workers at a reduced rate or paying less for plant operation allows Nike to invest the additional profits into other areas of the business such as advertising, thereby increasing the potential for company growth. In addition, decreased operational costs are more likely to attract and retain company investors because more money can go into increasing business profitability.†¨Ã¢â‚¬ ¨ Increases Competitiveness * Because Nike is able to more efficientlyRead MoreThe Ethics Of Corporate Social Responsibility2955 Words   |  12 Pagestry to do to strengthen the supervisory and try to make labor able to work in the normal circumstances. The most famous example is the sports shoes and clothing brands NIKE. In the case, NIKE has tried to think of a way to save the people for NIKE’s brand and corporate reputation and image. Since 1989, from media reports that NIKE Indonesian foundry workers are to work overtime, low salaries paid to workers and poor working environment, thus, causing concern from the International Labor OrganizationRead MorePromise and Perils of Globalization - Nike7879 Words   |  32 Pages1 The Promise and Perils of Globalization: The Case of Nike1 Richard M. Locke Alvin J. Siteman Professor of Entrepreneurship and Political Science MIT 1 This case was prepared for the Sloan School of Management’s 50th Anniversary celebration and should be read in conjunction with â€Å"A Note on Corporate Citizenship.† This case was prepared with the active involvement and research assistance of the following Sloan MBA students: Vanessa Chammah, Brian Curtis, Elizabeth Fosnight, Archana KalegaonkarRead MoreThe Economic Principle Of A Financial Economics Degree1646 Words   |  7 Pagesis better off with trade, is true. At the end of the day, I would leave with my earnings of the day, and my consumers would leave with their candy, well that’s if they haven’t ate it yet. Now that I’ve continued my studies at Northwest Nazarene University in pursue of a Financial Economics degree, I’ve studies economic issues that many economics have studied around the world. One in which I relate my story of when I was a child. The issue of poor countries is a popular one. Many like to questionRead MoreAnalysis of Regulations in Accounting1065 Words   |  4 Pagesand international mutual funds also became available to investors in which were previously unimaginable. As a result of financial deregulation on an international scale, capital could flow freely throughout the world. . The deregulation and globalization trend have also increased the ability of multi-national corporations (MNCs) to base operations in areas of the world to take advantage of local assets such as access to inexpensive labor (Morgan, 2009). For example, if a corporation wanted to open

No comments:

Post a Comment

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