In excess of the 36 hours a month allowed by Chinese law was routinely demanded from Foxconn employees (Fiona, James and Mimi). Of the 100 largest economies in the world, corporations are more than countries (based on a comparison of corporate sales and country GDPs) (Anderson and Cavanagh 3). When the national corporations in underdeveloped countries compete with transnational corporations, they are in the disadvantage position, which makes the economy rely heavily on transnational corporations. What’s more, underdeveloped countries take the risk of cultural invasion which makes them lose the control of cultural and social
The big business owners did not want the government to regulate their factories, and due to their money, they were able to keep the government from passing labor laws for a time. Because the government did not establish labor laws, big businesses were able to give many people jobs. The jobs were difficult and often in extremely unfavorable environments, but they allowed the people to work when they otherwise would have been unemployed. The Gilded Age 's scientific improvements created jobs that allowed people work even if they had no skills; the jobs were such that each person stood in a single place in the factory and did a single task. They then passed their work to the next person, who also completed a single task before passing the good onto the next person.
They paid their employees poor wages and had a very high employee turnover rate even though their owners are listed as some of the wealthiest people in America. However, they have now made commitments to sustainability as a way to save money and tighten their supply chain. They hope to be fully supplied by renewable energy, to create zero waste and to sell products that sustain people and the environment. They are also making attempts to improve their employee relations. This year they have raised wages to compete with rival companies and have also raised the temperatures in their stores in colder areas of America.
The article “The Noble Feat of Nike” by Johan Norberg is to show us the impact of the Nike in third world countries like Vietnam. It is a well published topic that multinational companies like Nike are make huge profits while paying their employees next to nothing lot of people find this unethical and some even call that this is slave labour so a lot of people have boycotted Nike. This article gives the reader an insight on how companies like Nike gain maximum profit by being located in a third world country or in a communist country like Vietnam. Nike maximises their profit by paying the employees in such countries a fraction of what they have to pay in their home countries by taking advantage of their poverty but the author calls Nike noble
The great majority of society go to work everyday and although they may not enjoy working, chances are they are most likely in a clean, friendly, and safe environment. Some employees around the world do not have this luxury. In fact 75% of Nike factory workers quit every year because of the terrible conditions discussed in this essay. Despite the fact that Nike updated their working conditions in 2002, they still need to improve their working conditions in their factories abroad by making the conditions in the factory safer, treating the employees fairly in the workplace, and increasing the workers pay. This will help the employees because it will decrease injuries/ illnesses, and help the employees live healthier and happier lives.
Since their large labor numbers they must pay close attention to demand, in order to not create excess of anything. This makes sweatshops a fantastic production model to keep demand met and excess or wasteful production low. Sweatshops really do greatly add to the overall GDP of a country as regulating Sweatshop labor prices negatively affects the GDP of said country “To the extent that sweatshop regulations do, in fact, hinder economic growth” (Powell 3). When sweatshops
From my point of view, it’s all related. The boss likes to use machinery because workers can create more capital in fewer time resulting in an increased surplus value and higher profits. The only problem is that new technology can be really expensive and since there can never ever be a decrease in profit (haha :D), the machines just never stop. A 24h rota became totally ordinary and while other people sit at home and are not able to find a workplace, others are completely stressed out and worked to death. One could argue now that this is just a mismatch: Employ more people and reduce working hours.
Introduction Sweatshops make up the behind the scenes of most wealthy companies; however, this common practice is especially unethical for the employees. The United States General Accounting Office defines a sweatshop as a business that regularly violates both wage or child labor and safety or health laws. Sweatshops offer unfair wages for unreasonable hours, while also maintaining extremely poor working conditions. Employees, whom are sometimes even children, are vulnerable and desperate for a job. Their need for employment inhibits them from realizing the deteriorating state of their health and safety.
Question 1 (a) Why Jim thinks that in year 2020, in china they will do more E-commerce business compare to any other countries around the globe? There are 302 million online shoppers in china and 231 million of them shop in Alibaba. In year 2020 in china there will be twice as many E-Commerce customers as there are Americans. In 2013 Alibaba delivered 70% of packages around china which is around 5 billion packages. Alibaba sees that they need to make an investment in China logistics the first stage of the investment will be 16 billion dollars and the second stage with 32 billion dollar.
Over the recent years, Apple has struggled with a critical issue that could have led the company to international affairs, having a huge impact on the brand image: the working conditions in its supply chain. As written above, many factory workers of Apple’s main supplier, Foxconn, committed suicide over the years. A few stories and documentaries got released to report such behavior in how Apple treated its employees, far from the fairly and ethically values stated in the CSR method. However, being a perfect Social Responsible company is utopian, even more in the electronics industry, where the Supplier Code of Conduct is considered as the toughest one, unlike other industries. It means that it is not easy, even for a huge organization like Apple, to enforce and improve its CSR impact.