Sunday, September 23, 2012

Air Jordan and Ethics

Chapter 3: Ethics and Social responsibility

As a consumer how do you if a company that manufactures the products you buy  practice ethical behavior? In chapter 3  in Mkgt the  chapter cover everything about ethics and why as a company or in business one should practice ethical behavior. To be consider ethical one must examine the consequences of one's  action. In other words  as a company owner  you must take into consideration those you impact like employees, customers,  surrounding communities, and especially most of all  the environment  ( How  are your products being manufactured and is it ecofriendly). Now  Air Jordan is a well established brand and even though Micheal Jordan himself may practices good ethics. The company  Nike  that endorses  his sneaker  practice unethical behavior. what makes this company so  unethical is that Nike comes  largely from Indonesia;  where employees that  make  the sneaker get paid $4.00 dollars a day. In today's  society a  pair of Nike  ranges  from  $70 to $220; so  why is that  employees that make the sneaker get paid $4 dollars a day;  when Nike  makes a whopping profit  97%. It  cost  Nike  90  cent a pair to produce a pair  of sneaker before advertising. To have a overall general idea below i posted a documentary "Behind the Swoosh". Enjoy!



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