UNETHICAL BEHAVIOUR OF NIKE
Nike Is an American multinational corporation that is engaged in the design, development and worldwide marketing and selling of footwear, apparel, equipment, accessories and services. It is the world’s leading supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$24.1 billion in its fiscal year 2012. As of 2012, it employed more than 44,000 people worldwide. As one of the world’s largest athletic brand, Nike faces great criticism in regards to their use of labor sweatshops in Asia. Employees were forced to work over sixty hours each week and were punished if they refused to work overtime. In these sweatshops, women are much underpaid, hardly enough to cover their basic living. Workers have claimed to be both verbally and physically abused by their employers. Although the use of sweatshops in Asia reduce production costs and enable companies to rake in much greater revenue, the importance of morals and ethics still ...