This phenomenon provoked significant controversies on the corporate accountability of the company towards working standards. Due to the pressure exerted by external forces, Nike elaborated a Code of Conduct and adopted voluntary auditing standards in the hopes of pressuring its manufacturers to improve their unethical practices. Working conditions in Nike’s Code of Conduct focus on “hiring practices, worker treatment, worker-management communications and compensation” (Locke et al., 2007). Despite efforts by the company, Nike’s existing auditing standards alone are insufficient to ensure improvement in its global supply chain factories: other stakeholders, specifically the State and Non-Government Organizations (NGOs), equally play a pertinent role in the enhancement
Companies which were merely using older mediums found a decrease in their profits and sales and hence, had to expand their marketing activities. This fragmentation of the market communication channels and the methods used by people to communicate paved the way to the development of this term of IMC. Another important aspect about this theory is that cultural changes impact its implementation. As has been mentioned in the articles presented above, different companies operating in different cultural environments have different acceptance rate of methods of IMC. This can be understood from the fact that IMC may be accepted by companies but it is not possible to implement it effectively across all the subsidiaries of the company.
In my perspective, the second response, instead of the initial lackluster defense the company came up with, a code of conduct should have been immediately put in place to correct the anomalies and publicly apologize for what was going on. The company should have immediately embarked on a training mission to educate both contractors and employees on what is acceptable and what is unacceptable in any factory connected with Nike. This training mission should have been the third response of the company. Although the company applied the above suggestions, but it was rather too late while some significant damages were already inflicted on the company’s
With globalization which is heightening competition, organizations must continue to develop tangible products and provide services which are based on strategies created by employees. These employees are extremely crucial to the organisation since their value to the organization is essentially intangible and not easily replicated Meaghan et al. (2002). Therefore, managers must recognize that employees as major contributors to the efficient achievement of the organization’s success Abbasi et al. (2000).
Company needs to revise its supplier selection strategies and initial inspection methods in order to conduct more effective inspection of raw material at the point of entry, also they should form a stronger relationship with suppliers and promote mutual communication and knowledge sharing. 4.4 Quality System The initial inspection of raw material (5% sampling) is hardly sufficient to ensure the maximum quality assurance desired at JEEVES PLC. Moreover, major inspections are hold only in phases such as before final assembly; therefore some phases of production would remain check point free resulting in high rate of external defects. In addition to the above mentioned inspection system failure, it can be assumed that the manpower and inspectors themselves may not be fully aware of required and necessary quality standards (such as customer focus, leadership, involvement of people, process approach, system approach according to ISO.org, 2014) and are unable to identify problems with the production process as well as the final product due to lack of knowledge or
There is no proof that economic growth results in damage to the natural habitat despite claims by various environmentalist groups. Also, it has been observed that as countries develop, they stop producing pollution-intensive goods and as an alternative begin to import them from countries with less stringent environmental protection laws. In the ‘race to the bottom’ hypothesis, open countries, for fear of slowing themselves down in a competitive world market, take up less strict environmental regulations to enable them export products to those less open countries. However, if this is the prime explanation for the U-shaped patterns, then future development patterns will by no means mimic the ones in the past. The reason for this is that developing countries will not always have countries that are still poor for them to treat as havens for the manufacturing of pollution-intensive products in what is called the ‘pollutions havens’ hypothesis.
The addition done to the job design of a professional may create a negative image in the superiors and hence job enlargement is viewed negatively in these organisations. 3. EVALUATION AND CONTROL • Performance is not influenced by reinforcements As the expected results are not clearly defined and judging the efficiency of performance is subjective, there is no scope for predictions and any impersonal feedback, therefore the rewards and punishments have very little influence on the performance of the people in the organization and the organization
Furthermore, industry, which was the dynamo of economic growth in this era appears, was much less bear upon by international factors than other sectors and was also an important source of discrepancy across the world economy. John (1997-98) suggested that the globalization of culture is arresting experimental qualities of the new system as model of proper actor hood for national states and organization scattered in the whole world. The empirical aspect is difficult to challenge. Ené (1999) finds that circuitous methodologies by and large identify a critical yet little effect of globalization on the expense of capital at the nation and additionally at the firm level; we then address the issue in the last piece of this segment of why the deliberate effect is not higher. Rajneesh and John (2000) suggest that globalization has in a far-reaching way changed monetary substances.
Market failure: It means that the market can not be efficient allocation of goods and services. Market failure can be seen as someone who wants to pursue personal interests leads to this result. “It describes any situation where the individual incentives for rational behavior do not lead to rational outcomes for the group. Put another way, each individual makes the correct decision for him/herself, but those prove to be the steady state disequilibrium in which the quantity supplied does not equal the quantity demanded.” Merit goods: means that goods and services that the government feels that people will under-consume, and which should be provided free at the point of use so that consumption does not depend primarily on the ability to pay
Industrialisation has increased production and offered better life to the people, but along with it a huge amount of waste is produced. Authorities use a number of methods like open dumping, open burning etc. to dispose the generated waste, but this has failed to solve the waste problem. More over doing these kinds of ‘disposal’ create environmental degradation and health risk to living organism. In an attempt to accelerate the pace of its industrial development, an economically developing nation like India has failed to pay adequate attention to solid waste management (NSWAI 2010).