Research Paper on Ethical Issues of Nike

1310 Words6 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 that 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 and some times companies take advantage of the economical problems that countries can have. 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.” (Georgades, 2013) 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 conduct & ethics called “inside the lines” this was a very significant agreement between Bill Bowemand and Phil
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