Multinational Company- Nike Flashcards
1
Q
How many countries are Nike products made in?
A
42
2
Q
How many Nike factories are there in the world?
A
645 factories
3
Q
When was Nike founded?
A
1972
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
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.