please help me with my question, Multinational firms like Nike and Reebok by est
ID: 374884 • Letter: P
Question
please help me with my question,
Multinational firms like Nike and Reebok by establishing their main business operations in developing countries are profiting millions of dollars by taking advantage of the extremely low wage and primitive work conditions that exist in many developing countries. On the other hand, these firms are also generating significant income as well as employment opportunities for the local people in the host countries. Argue about the ethics of such business practices by taking an unbiased position.
Assess if the work conditions provided by Nike and Reebok globally are acceptable in modern times.
Do you think MNC such Nike and Reebok violate human rights by offering lower wages for workers? If what is the alternative.
What should be the acceptable and balanced action Nike and Reebok need to follow? 1-2 pages length
Thanks a lot^^
argue why the creation of a regional organization such* as the EU is both supplement and a disruption to the liberalization of trade policies 45 41/5000Explanation / Answer
REEBOK AND NIKE INTRODUCTION:
These two multinational companies are manufacturing atheletic footwear that are having really a very good quality and is also very much liked by the public since it provides enough comfortableness .
These companies have been established many years ago and have been flourishing well in the world market .
These companies have been listed on the top because of their immense quality and high standard products that they are maintaining.
MARKETING STRATEGY OF THE COMPANIES:
---- These companies turn their market to be a great profit by providing great job opportunities to the people.
----The mission of such companies is to provide the people with the following features:
PRODUCT AND PRICE:
These companies products are certified and guaranteed for their quality especially that makes them to be leading the market for so many years
The prices are also very much reasonable that makes people purchase them effectively.
PROMOTION AND PLACEMENT:
These companies promote their brand by advertising in several walks of the media where people get to know about the latest trends on the products released by them .
These companies provide large number of opportunities for people from various areas relieving them from unemployment problem which has been a great threaten to the countries worldwide.
FEATURES OF THE BRANDS:
These companies have risen to be multinational with great standards because of their immense standards and qualities of products through all the years.
The products manufactured are user friendly and eco friendly either.
INFLUENCE ON THESE MNC's TOWARDS THE COUNTRY:
These companies have been listed in providing high income to the society because of their great welcome by the people in the international markets.
These companies also provide wide variety of employment to the people in several areas of the industry they work in .
TAXATION:These companies have several advantages on tax variations because of they access in multiple companies.
COST CONTROL:These companies supervise on ensuring the people to get their needs at lower costs still with better quality,which will improve the revenue and income of the country side by side .
BROADER MARKET:The access to customers helps them to cater on their development and also fit to the needs of the consumers.
These are the several advantages of these multinational companies towards the country.
DO THEY VIOLATE THE HUMAN RIGHTS?
These companies on the other hand take advantage of the cheap labor facilities available.
This maybe termed as violation,because people are forced to do work at a lower cost.
On the other hand,as the population increases,the poor people are suffering from several unemployment problems.So working for lower wages is better than no work .
ALTERNATIVE FOR THE COMPANIES TO BE FOLLOWED ARE AS FOLLOWS:
These companies can give better facilities for the people working for lower wages by providing them with some additional requirements such as food .This is very much reasonable,since the companies can tie up with other organisations and provide a meal,which will attract employers to stay and work for betterment of the company.
They can give them little amount of bonus along with their salary according to te performance of the workers.
WORK BASED TRAINING can be given to make the employers earn better which Wil be both beneficial for the company as well as the employers .
These are the several ways in which the companies can favour their employers who work under them ,that Will be very much beneficial to both the sides .
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