Wednesday, May 6, 2020

Essay about Nike The Power of Exploitation - 1782 Words

Nike: The Power of Exploitation Outline I. INTRODUCTION Paragraph No. A. Nike Described + Thesis: Many people can prove that Nike is a company 1 that continues to push the boundaries of design and performance, promoting freedom and choice, but these same people leave out the obvious facts that show how this company exploits third world countries by using cheap labor. II. History of Nike Inc. A. Founders B. Co-founding business 2 C. Business Success 3 III. Anti-Nike A. Cheap†¦show more content†¦Many people can prove that Nike is a company that continues to push the boundaries of design and performance, promoting freedom and choice, but these same people leave out the obvious facts that show how this company exploits third world countries by using cheap labor. It is necessary to raise that awareness so we can be responsible consumers and remember the source of our swoosh apparel. In 1957, the future cofounders of Nike, Bill Bowerman and Phil Knight, met at the University of Oregon. In 1962 Knight formed Blue Ribbon Sports, which gave birth to Nikes forerunner (Our Chronology 1/6). By 1964, both men became involved in distributing better shoes through their company. In the first year, the company saw a total of eight thousand dollars in revenue (Our Chronology 1/6). Three years later as the company grew Bowerman developed the first lightweight running shoe that became a large selling model. By 1969, Blue Ribbon Sports reached $300,000 in revenue (Our Chronology 2/6). In 1972, BRS launched the Nike brand and within six years the company became Nike Inc., as it is known today (Our History 2/3). This business, once run by two men in 1957, has become what is now, in 2001, a twenty-three thousand employee based company with yearly revenue of eleven plus billion dollars. Through theShow MoreRelatedSweatshops Case Study1419 Words   |  6 PagesIntroduction Over time Nike has become one of the most prominent figures in the apparel and sporting industries, yet the corporation has found itself for years involved in a massive scandal due to their use of sweatshops. The harsh backlash towards the immorality of using sweatshops has lead to Nike’s image being tainted; nevertheless, consumers continue to fill up retail Nike stores. With this in mind, I will explain as to why consumers continue to purchase Nike products, and to accomplish theRead MoreNike Sweatshops Case Study1402 Words   |  6 PagesIntroduction Over time Nike has become a prominent figure in the apparel industry, yet the corporation has found itself in various scandals due to their use of sweatshops. The harsh backlash towards the immorality of using sweatshops has led to Nike’s image being tainted; nevertheless, consumers continue to shop in Nike stores. 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