A country gains, while another country looses. People thrive while others are left behind. Technology is ever evolving yet has a strong emphasis on human labor. This is economic globalization. It is when one countries economic situation depends so strongly on an economic situation of another country. Many times the economic situation of a country is based on their imported goods, their technology, and their human labor. When one country is lacking in something, it is believed that it is the responsibility of another country to help them up. But who is actually winning in this game of globalization? The less developed countries think all is well when another factory pops up for it provides jobs which in turn supply some sort of income for the …show more content…
These corporations are both large franchise companies and smaller independent companies. One corporation that has been under fire has been Nike. Nike is an American company that was started in 1964 by Phil Knight and Bill Bowerman. Originally founded as an apparel outlet in the sports industry, Nike has grown to be one of the biggest sponsors for athletes worldwide. Throughout its many years in production, Nike has proven to be beneficial for the developed world. Nike has offered a resource for athletes as well as an array of cheap athletic wear for all people. However, with cheap production costs come hard labor and poor worker rights for those in developing countries. Nike has been known to say that they have worked very hard to create jobs overseas, but what they fail to mention is the jobs they have created are sweatshops, where the workers are treated in less than acceptable environments. These workers are also being paid little to nothing, which makes it extremely hard for them to provide for themselves let along their …show more content…
As a result of their high reign of power they have a lot of influence in the lives and ideas of their audience. To some this influence is positive, and to others it is negative. Because of their great power, they have a strong economic foundation. This foundation allows for them to take control of opposing countries and manipulate them. Like Nike, Disney too uses sweatshops to produce their merchandise. One of Disney’s big sweatshops is in China. This sweatshop is notorious for child labor and staffing three times the amount of employers that is acceptable by
Once lived a great god, Zeus.the god of all gods. He had many brothers and sisters. Some of his siblings came to known as a great god a god that everyone would remember their name. and there were some other siblings that turned out to be minor gods. Nike the god of victory was a prized god but a lonely one. After winning other prizes the goddess of wisdom or Athena started to notice Nike and wanted to love him.
Nike’s sweatshop manufacturing practices which can be seen through media have shown people that this company goes under the good guys images, these images which are displayed in their commercials show people that their employees are treated well and their happy in their working environment.
Our global world is being more connected as we become integrated politically, socially and even economically. Due to the Bretton woods agreement, different countries have been economically dependent on each other in fear for war to erupt. From then on different organizations and policies tied more countries into being economic globalized. This economic globalization had then given us many opportunities in trades and more access to natural resources in other countries. Unfortunately, there are some negative effects that are brought to less developed country. Overall, many people believe that economic globalization does a great work on accumulating our economy and our quality of life.
...rible situations for people who do not have the laws like U.S. workers have. Even though NIKE has implemented different methods to improve the companies’ image, there have still been many reports that show there has not been much change at all. At a net worth of 67 billion dollars and expected to grow, loyal customers is what allows this multi billion dollar company to grow in profit, the only way there will be an impact on those working in NIKE sweatshops is if today’s society takes action.
Globalization is a series of social, economical, technological, cultural, and political changes that promote interdependence and growth. Globalization raises the standard of living in developing countries, spreads technological knowledge, and increases political liberation. (Harris 5-23) The main cause of globalization is influence from other, more developed, countries. Globalization is a historical process that results from human innovation and technological progress. The social effects of globalization are clearly illustrated in Peru. Once a third-world country filled with poverty and oppression, Peru is now transitioning into a developed nation. In Peru, globalization has raised the human development index, empowered women, and created a stronger country. (Leon 90-91)
“M.J. is the shot of success” Phil Jackson (Biography). M.J. won 6 championships, 2 Olympics gold medals, 5 MVP awards, and 14 All-Star game appearances. He led his Chicago Bulls team to a 72-10 record, the best record in the national basketball association. Michael Jordan’s incredible career let the world know who he was by his signature shoes and changing the game of basketball.
Globalization has, for better or worse, altered the economic arena for every country in the world. For many less developed countries, globalization has leveled the playing field so that their economies can compete with the larger, more developed ones such as the United States and other large western economies. For instance, technical engineers in India and China are now just as qualified as engineers in America, but at half the cost. The once large and prosperous service sector in the United States as well as telemarketing services have largely been sourced to India as a large exodus of American multinational corporations find cheaper workers who deliver comparable quality. This then seems to be the essence of globalization - businesses will go wherever it’s cheaper and more cost effective to do business, but without sacrificing the quality of the product, service, or experience. It follows that developed nations would stand at a considerable disadvantage against developing nations because most business, in terms of the cost of labor, is too expensive to conduct in developed nations as opposed to developing ones. However, Dani Rodrick, a specialist in international political economy, contradictorily asserts that globalization has brought little but good news to those with the products, skills, and resources in developing nations to market worldwide. He points out that for most of the world's developing countries, “the 1990s were a decade of frustration and disappointment. … Most of the former socialist economies ended the decade at lower levels of per-capita income than they started it—and even in the rare successes, such as Poland, poverty rates remained higher than under communism. East Asian economies such as South Korea, Thail...
Nike and Under Armour are at the forefront of advertisement in the sports world. Nike has been the leader in sports apparel across the board for several decades. Under Armour on the contrary has just come on strong in the past decade. By no means is Under Armour in the same profit bracket as Nike, but their advertisement campaign, in my opinion, is far better than that of Nike and there other competitors. Under Armour’s first big push in the industry came with the advertisement campaign of “Protect this House”, which challenged individuals to be the best they could be. Nike still has most of the big name stars like Lebron James and Tiger Woods they use for advertisement but Under Armour takes it a step further with creativity when it comes
Many global companies like Nike, Inc. are seen as role models both in the market place as well as in society in large. That is why they are expected to act responsibly in their dealings with humanity and the natural world. Nike benefits from the global sourcing opportunities, therefore areas such as production and logistics have been outsourced to partner companies in low-wage countries like China, Vietnam, Indonesia and Thailand. As a result the company is limited nowadays to its core competencies of Design and Marketing.
The idea of having the perfect pair of shoes to match a particular outfit swans in the mind of many people while shopping. Sneakers have evolved into an ideological object in today’s trendy culture. Sneakers have developed its own self-proclaimed culture, and has created terms for people who are a part of it. In older days, sneakers were mainly used for one purpose. To protect ones feet was the sole purpose years ago. The evolution of technology and resources has permitted sneakers to evolve into this international ideological object that possess the power to harm our society.
Nike’s company strategy is a clever one. One that founder Phil Knight thought of while still in school at Stanford. Instead of paying Americans to put together Nike’s shoes, Knight thought that it would be a better idea to take manufacturing plants overseas to places where labor is much cheaper than in the U.S., places like Taiwan and South Korea. With 86% of its products being produced in one of those two countries and Nike employing a large number of people who lived there, the countries became richer and richer until Knight decided prices were too high to manufacture there anymore (Hitting the Wall, 3). He decided to move the factories to places in China like Indonesia where countries were practically begging for foreign investment. Production was going well until the early 1990s when labor strikes rose to 112 in 1991 and news began to leak out about the terrible conditions Nike’s labor force was working in. The company was using underage workers and underpaying them to the point that a family couldn’t even survive off of the wages made at a Nike factory. From this point, Nike’s sales began to slip and returned into the media’s spotlight numerous times in the 90s for their bad labor practices.
Phil Knight started his shoe company by selling shoes from the back of his car. As he became more successful in 1972 he branded the name Nike. In the 1980’s Nike Corporation quickly grew and established itself as a world leader in manufacturing and distributing athletic footwear and sports' attire. The Nike manufacturing model has followed is to outsource its manufacturing to developing nations in the Asia Pacific, Africa, South and Latin Americas; where labor is inexpensive. It quickly became known for its iconic “swoosh” and “Just do it” advertisements and products. Its highly successful advertising campaigns and brand developed its strong market share and consumer base. But, the road has not always been easy for Nike; in the late 1990’s they went through some challenging times when their brand become synonymous with slave wages and child labor abuses. During this period, Nike learned that it paramount that the company understands its stakeholders’ opinions and ensures their values are congruent with their stakeholders. Nike learned that their stakeholders were concerned with more than buying low cost products; their customers were also concerned with ethical and fair treatment of their workers. Because Nike was unwilling to face the ethical treatment of its employees, the company lost its loyal customers and damaged its reputation. Nike has bounced back since the late 1990’s and revived its reputation by focusing on its internal shortfalls and attacking its issues head on. Nike nearly collapsed from its missteps in the late 1990’s. They have learned from their mistakes and taken steps to quickly identify ethical issues before they become a crisis through ethics audits. This paper is based on the case study of Nike: From Sweatsh...
Running and rushing, walking and waltzing, these shoes are a success for many reasons. The names of these shoes are sneakers . Sneakers has been a popular choice of footwear for many people. In fact, ancient civilizations such as the Mayans created their own version of the shoes(History 54).The sneakers have been popular throughout the years. Sneakers are popular among people because variations are present, anyone could wear them and their uses are abundant.
With the increasing awareness and publicity of poor working conditions in subcontracted factories in East Asia, Nike has stimulated an uprising of activist and watchdog groups working toward seeing these conditions changed. With Nike in the negative spotlight, various organizations have revolved around generating a negative outlook on Nike’s practices of social irresponsibility. Certain campaigns such as the “National Days of Consciousness” and “International Day of Protest” were organized to educate people on the deplorable working conditions in Nike’s Asian manufacturing plants, and were designed to get more people involved in global employment issues.
In 1984, Michael Jordan was drafted by the Chicago Bulls from North Carolina. From day one in the NBA, everyone knew his name and quickly learned his nickname, “Air Jordan.” The media gave him the Air Jordan nickname his rookie year as he wore the Nike Airship basketball shoes and it appeared he could defy gravity with his electrifying dunks. Air Jordan became a household name. Regardless of the state or nation in which one lived, when Michael Air Jordan had a televised game, people were sure to watch.