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Nike And Sweatshop Labor Essay

401 words - 2 pages

NIKE AND SWEATSHOP LABOR
Do you think the critic of Nike is fair, considering that the host countries in dire needs of creating job?

It seems to me that critic of Nike is fair. It is because that If all places , mostly in dominating countries, are dominated by such an inappropriate and unconventional working environment, including overtime working without getting paid as well as hiring under-aged workers. Majority of those developing countries are in the midst of industrial transformation from agricultural to manufacturing industries. Also, many kids in poor families happened to be not going school because parents either have no money ...view middle of the document...

Do firms need to consider the so-called corporate social responsibilities in making investment decision?

I think that even though social responsibility has always been an ultimate goal to majority of foreign companies, this value seems to be avoided or less-considered when it comes to making investment decision. Firm can help them to achieve their ultimate goals faster by restricting and regulating more objections that improve corporate social responsibilities.

Enron versus Bombay Politicians

Discuss the chief mistakes that Enron made in India

There is a couple of mistakes that Enron made in India: Enron was awarded to initiating project without competitive bidding. Also, They Proceeded the construction before the election is completed in order to avoid unwind the deal. Lastly, Enron has overestimated project costs and possibly that deal have involved corruption.

Discuss what Enron might have done differently to avoid its predicament in India

In order for Enron to regain their reputation as well as increase their credibility, open bidding for a project would necessarily suggestive since it indicates that Enron is fairly chosen from the open-competition. Also, they should not make any further steps, including proceeding a construction, without approval of establishment. Lastly, accurate estimation on project cost is necessity for them to keep their credibility and honest up the most.

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