Nike Position Paper

Nike Position Paper In our prevalent society today, there is an intricate debate between boycotting and supporting many divergent transnational corporations such as Nike, Inc. It has been inferred that Nike breaches multiple human rights acts and workplace violations. Dissidently, Nikes total net income is 273. 4 billion dollars and their annual revenue adds up to round 19 billion dollars. This concludes that global citizens ar more than voluntary to purchase their merchandise and endorse their business.Nike is involved in several environmental projects such as building athletic courts out of recycled shoes and their air pockets in numerous models of sport sneakers use nitrogen instead of SF6, which is a honey oilhouse gas. Nike also has green events associated with The Green Project of Long Island in New York State. Nike manufactures in all over 30 countries and sells in over 160, with about 36,000 employees total. They also have rights to Hurley International and Nike invests in professional athletes to promote their goods.Nike has dynamic and monumental marketing skills that influence our generation conspicuously. In correlation, multinational business pay acceptable w successions to workers because they have an countless amount of expenses unseen by most people. Corporations have significant distribution and tariff expenses bringing their products to market. Furthermore, transnationals pay acceptable wages given that profit margins are not as great as people may assume. Competition between producers is so fierce that profits for 214 companies in 1999 were limited to an average of 8. 3%.A wage premium is also applied where wages are 40% to 100% greater than the average rate in many evolution countries. It has been fathomed that Nike violates labor laws. But, anti-globalization people often distort the truth on this topic, as in the case of the fake German documentary film against Ikea. It has also been acquiesced that corporations go their workers. I t is valid that employees work long hours, but a New York Times article indicated that the workers do this willingly because this allows them to make more money than they might be able to earn otherwise.Mass business such as Nike, constitute investment and the increased export income improves a countrys equilibrium of payment, introduces otherwise unavailable goods and services that are essential for diversifying production, and stimulates local entrepreneurship by subcontracting to local industries and enhancing competition. You dont win silver, you lose gold, is a famous Nike quote that has much controversy behind it, as do many business affairs pertaining to this iconic corporation.While workers in Indonesia are being paid around 21,000 dollars a year for a myriad amount of hours of hard labor in one day, one of Nikes promotional athletes, NBA player Kobe Bryant, is being paid over 500,000 dollars a week to bounce a ball around. Workers are told to sign a contract which removes all their rights, they are typically fired by the age of 35, and Safety & Health Administration has found more than 1000 plus violations.Irrevocably, there are two definitive positions of transnational corporations. They have an agglomeration of flaws, but no(prenominal) that can be condemned irremediable. You hear a different opinion from each worker, each newspaper and each monopoly spokesperson. To ostracize such a beneficial asset to our economy would be asinine. People are kept off the streets, with paying jobs, and are making a contribution to society one shoe at a time.