Thursday, February 20, 2020
Nike Sweatshops - Case Study Example According to the paper the suffering was based on working long hours some up to 13 hours in a day, the overtime was forced upon the employees and not compensated, and there were higher case of child labor encompassing children of even 8 years working for around 9 hours in a day. This was in addition to the extra low wages they were being given which was way lower than the recommended minimum wages in the country as well as being physically punished by the supervisors. From this paper it is clear Ã that the ethical framework approach ensures a reduction of the suffering mentioned above and increases the benefits that the workers can accrue by working in Nike Inc. especially in the Asian nations of Vietnam, Taiwan where the suffering was in excess. This means starting with the issue of how workers are being treated where they are physically abused by the supervisors. This should be followed by the issue of eliminating completely child labor as this is morally wrong. The issue of working hours and overtime should be addressed according to the international labor laws. This should be followed by the wages being paid to be raised to at least the minimum wage required. In the end, the workers will be happy working for the organization which will in turn increase their productivity as well as save the company from having to use large sums of money paying off the politicians and other health officials to avoid being exposed or inspection of the factorie s. Nike should have first paid the employees for the pain they have caused them all this long. This should have been followed by a public apology from the top management of Nike Inc. who would express their unethical behavior and the changes that would follow.
Tuesday, February 4, 2020
Business in context 2 - Essay Example most 90,000 workers in the year 2007 and according to Challenger Gray and Christmas, plant closures by Ford and General Motors will ripple through the economy possibly resulting in more job cuts in the coming year. (www.allbusiness.com) The world economic crisis has hit the car industry with real intensity forcing the major car companies to adopt strategies of short time working, redundancies or closures. (www.fifthinternational.org) The automotive sector is one of the largest and most multinational of all industries which is the key indicator for economic growth in regard to GDP of many countries. The car industry is important in view of its employee strength, its contribution to countries development, assets and total sales which can be known from the fact that in the year 1999, four of the top ten companies in the world included General Motors, Ford, Toyota, and Chrysler.(www.eurofound.europa.eu) The Koontz, H and Weihrich, H. (2006) stated that car industry may be indicative of how many industries become globalized making it difficult to predict the future. It is further stated that countries such as China and India will be the drivers not only of economic growth in general and car industry in particular. The Economic Intelligence Unit had predicted that 40% of the car sales will be in Asia by 2020. Jian Suan (2006) stated that in early 2000s China was a dream market for many multinational auto companies with only 24 cars per 1000 residents as compared to 700 cars per 1000 residents in United States and worldwide average of 120 cars, the China market was widely regarded as the largest growth opportunity. China reported an increase of 6% in global auto market from 4% in the year 2001 to 10% in ranked equally with Japan which reported a decrease of 1%. Carlos Gomes (2010) reported that global car sales continued to gain momentum with more than double of sales taking place in China, the worldÃ¢â¬â¢s largest auto market. The auto sales in United States too reported