Nike advantages and disadvantages of globalization

Thus, integrating with different cultures, meeting and learning from various people through the medium of education is all due to globalization. Manufacturing helps the social and economic development of countries through the transfer of skills, technology and the rise in wages. The company subcontracts to over factories in 50 countries, employing overworkers.

Few have any regrets. People may adapt to the culture of the resident country. It can bring wealth but it also causes inequalities.

Global strategy cannot be consistent in such a scenario. This can lead to high unemployment and a decline in standards of living. The only sweatshops that exist in Indonesia today are those that make "unbranded" shoes, such as those sold in Target or Walmart. In this fast-paced world, only a global entity that is able to use a marketing idea and design it into a strategy, to implement on a global scale, can be successful.

Get Full Essay Get access to this section to get all help you need with your essay and educational issues. Governments are in favour of globalization because the economy can grow. Human Rights- Nike will definitely have an impact on globalisation.

Globalisation Globalisation occurs as more connections are made between countries through trade and communications. Natural resources are depleting and are on the verge of becoming extinct.

Therefore the domestic markets shrink. A car manufacturer in one country will manufacture its product in a different way than a car manufacturer in another country.

Globalisation of companies - e.g Nike

The product quality has been enhanced so as to retain the customers. People, companies and organizations in different countries can live and work together.

As the market has widened, the scope and demand for a product has increased. Japan The key to increasing profit for a TNC is to make the product as cheaply as possible and keep transportation costs down, and to sell to countries with the highest increasing incomes. Infrastructural facilities in one country is different from another country.

Every single information is easily accessible from almost every corner of the world. Nike is a great example of economic impact on the Globalisation that Australia will adopt because it will greatly increase our export rates to other countries and lowing foreign debts.

It has also initiated a scheme to recycle trainers, using the rubber to make new soles for the manufacture of sports ground surfaces. Monopoly is disastrous as it widens the gap between the developed and developing countries. At the same time, it has failed to keep in mind the wants and needs of every consumer, which are unlimited and several.

An extreme example, perhaps, but that is what globalization is all about. Corporations have greater flexibility to operate across borders4. Increases in environmental protection in developed nationsDisadvantages of Globalisation include: Both met their husbands at the Nike plant in Balarajah, and both consider themselves lucky to be employed at a time when Indonesia is experiencing massive political and economic turmoil.

Some of the poorest countries in the worldespecially in Africa, may get even poorer. For a better picture, let us take a look at some of the advantages and disadvantages of globalization. Many are joint ventures between Indonesians and Koreans or Taiwanese, and industry sources say conditions in those factories remain "terrible.

This in turn creates an imbalance in the environment leading to climate change and occurrence of natural calamities. Having begun its expansion into international markets in andNike lays out the advantages disadvantages of its international business in its annual financial report.

This is why in the s Japan, with its growing economy, became Nike's biggest market outside the USA.

Neutrally Weighing the Advantages and Disadvantages of Globalization

The Internet gives them the chance of reaching more customers around the world. Human, animal and plant diseases can spread more quickly through globalization.Sep 28,  · How Nike Wins.

Globalisation of companies - e.g Nike

Panos Mourdoukoutas What is Nike’s secret? Answer: Multiple advantages that place “moats” around the company, limiting the entry of new competitors to its business. Nike Advantages And Disadvantages Of Globalization. The advantages and disadvantages of globalization Introduction: With the development of Internet, transportation and closer relationship between countries, nowadays we heard of “globalization” more frequently in the daily life.

Different countries and the people from different places have more connection and communication with each. Globalisation of Nike Essay Sample. Introduction:Globalisation is defined in the dictionary as “The growth to a global or widespread scale”.

However, under a more economic definition, the term “Globalisation” describes the increased mobility of goods, services, labour, technology and capital throughout the world. Globalisation: Nike How Many Shops Do Nike Have Worldwide?

Overin over countries around the world, including the UK, Russia, Pakistan, and Turkey.

Globalization ala Nike

May 06,  · A story in the Washington Post said “20 years ago globalization was pitched as a strategy that would raise all boats in poor and rich countries alike. Transcript of Globalization project: Nike Although Nike's impact on globalization has been beneficial for the developed world because it has supplied them with a vast variety of cheap athletic wear, but it has had a less beneficial impact because of its poor worker rights and the negative image it has given America in developing foreign countries.

Download
Nike advantages and disadvantages of globalization
Rated 4/5 based on 35 review