Multinational Company- Nike Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

How many countries are Nike products made in?

A

42

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2
Q

How many Nike factories are there in the world?

A

645 factories

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3
Q

When was Nike founded?

A

1972

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4
Q

What are the benefits of Nike in Vietnam?

A
  • Creates employment
  • pays higher wages than local companies
  • improves skill base of local population
  • contributes to local tax to help pay for improvements to infrastructure
  • export products are a positive contribution to balance of payments
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5
Q

What are the problems with Nike in Vietnam?

A
  • concerns of political influence of Nike
  • investment could be transferred from Vietnam to poorer countries
  • company image undermines national culture.
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