Fi:EenrE

Discuss Point:
Q1
As a brand-new student of international finance, I thought Nike's criticism wasn't fair. However, these critiques do aid Nike in strengthening its oversight of the working conditions at its foreign factories and in rating the facilities in order to raise labour standards. The two reasons are as follows:
· I believe that the Nike partnership is a clever and original idea, producing athletic shoes and clothing in such underdeveloped Asian nations. As students of international business, our focus was on global market opportunities rather than just those in our own nation. By doing this, the underdeveloped Asian nations will start to improve, the unemployment rate will go down, and Asians will start to have the money to buy goods with a higher standard of living, like Nike. If a firm decides to manufacture in the United States, it may run more risks due to the large comparative advantage of its competitors and the lower labour demand than in an Asian country. Nike is doing the right thing by manufacturing in Asian nations to support their development and lower the cost of production for their own company.
· As global entrepreneurs, we must treat every nation fairly, not just our own. We must consider the entire globe to be our stage and family. This is how worldwide business should be thinking. By doing this, the decision the corporation made was success or failure rather than right or wrong. This is due to the fact that every decision has both a good and a bad aspect. The economic situation in China has improved thanks to manufacturing in Asian nations, which also benefits many workers. These are the good things.
Q2:
The Nike executives, in my opinion, ought to be more aware and grateful for the opportunity to start manufacturing in Asia. Because Nike has saved so much money compared to operating costs in the US, its executives should take advantage of the opportunity and treat Asian employees better. To raise the calibre of the workforce and the products, Nike's executives should offer training classes to the staff. The Nike executives create a clear mission and vision that benefits and contributes to the world, and they promote it to have an impact on the Nike Company brand name, such as low cost high quality. The Nike executive needs to show more consideration for the rights of the populace and respect for other nations.
Q3:
Yes, I think that Nike corporation ought to take its social duties into account when making investment decisions for a variety of reasons. Managing social duties effectively through global business collaboration is essential for building a positive brand reputation. The typical person will have the mentality that socially...