Unethical Practices Threatening International Companies

731 Words2 Pages

Ethics in this point of time is very important, mostly in business organizations. As globalization in earth is a real and growing matter, mainly organizations need to be aware and have the knowledge of the ethical values. People have the right to be well treated meaning they should get well paid (get the minimum wedge), be over the minimum age working age allowance, essentially this two aspects are one of the most important ones. Companies need to be strong enough to overcome the temptation of the countries that offer this kind of unethical working ethics, a lot of times people don’t realize immoral behavior, they just do it a lot of times because of the economical problems the country has.

What is ethics? Ethics is the moral principals by witch people conduct themselves personally socially and professionally. “The perceived conflict between the traditional corporate objective of profit maximization and the overall desire for increased social welfare.” Although ethically responsible business practices are generally desired, opinions about what these practices are and how they should be encouraged are diverse, but the complexity of the current business environment complicates the development and implementation of resolutions to ethical issues towards the industry, and this is what is happening with Nike.

Nike has been one of the biggest sport companies in the whole world, this makes this company really powerful, and they have been gaining more power over the years. But this doesn’t mean that this company is perfect, like everyone and everything in the world, Nike has a lack of commitment with some really important ethical issues like the social or children responsibilities. Nike has created a code of business co...

... middle of paper ...

...out and be fired.” (Braddock, 2011)

In the US television CBC stated that in 1993 in Vietnam employees experienced physical and sexual abuse besides the nonexistence compromise with the minimum wedge salaries and the working timetables. Also they affirmed that the workers where physically mistreated like being hit on the head and other sourts of punishments.
“One worker at the Taiwanese-operated Pou Chen plant in Sukabumi said she was kicked by a supervisor last year after making a mistake while cutting rubber for soles. 'We're powerless,' said the woman, who like several others interviewed spoke on condition of anonymity out of fear of reprisals.
'Our only choice is to stay and suffer, or speak out and be fired.' The 10,000 mostly female workers at the Taiwanese-operated Pou Chen plant make around 50 cents an hour.” (Reporter, 2011)

Open Document