Topic > Ethical Companies with Unethical Practices - 1520

Ethical Companies with Unethical Practices Introduction American companies should not be allowed to claim to be an ethical company if they ignore the unethical practices of their international suppliers. For the purpose of this assignment I will use the Nike company to highlight its unethical practices. Despite Nike's popularity in the American market, it has been accused of exploiting overseas employees. Corporate social responsibility requires a company to maximize its profits and minimize its operating and production costs, while at the same time benefiting the community in which it operates. This paper will further delve into the overall strategy adopted by Nike company in outsourcing its operations. assets and the unethical issues of its practices. Nike has been accused of human and labor rights violations, poor health and safety conditions, low wages and inadequate working environments. Most companies in the world use outsourcing of goods abroad to improve competitive advantage and minimize production costs. Nike uses Greenfield outsourcing by hiring start-ups and independent contractors to provide footwear manufacturing. Outsourcing business practices are very profitable for Nike. However, at the same time, the company has attracted international attention due to its unethical practices in these outsourced working conditions and environments. Nike is engaged in the design, development and marketing of products, footwear, equipment and apparel. It sells sports shoes all over the world and the main buyer of its products is the United States. Nike products are made by independent contractors based in third-world shoe-producing countries such as Thailand, China, and Indonesia (Bartley and C...... middle of paper ......90.2 (2011): 425- 451. Coakley, Mathew and Michael Kates. “The Ethical and Economic Case for the Regulation of Sweatshops.” Journal of business ethics 117.3 (2013): 553-558 freedom of work." Association." Business Ethics Quarterly 22.3 (2012). Moriarty, Jeffrey compensation CEOs can legitimately accept” Business Ethics Quarterly 19.2 (2009): 235-250.Stevens, Betsy “The Ethics of the U.S. Corporate Executive: A Study of Perceptions.” Journal of Business Ethics 54.2 (2004): 163-171.Vachani, Sushil. and James E. Post. "Creating socially responsible value chains: role of companies, governments and NGOs". 28 (2012): 17-44.