nike TNC Flashcards
(14 cards)
Where is Nike’s headquarters located?
Beaverton, Oregon, USA.
How globally widespread is Nike’s operation?
Nike operates in over 170 countries with more than 700 factories worldwide.
Does Nike own factories in Vietnam?
No, it outsources production to subcontracted factories.
Where does Nike source raw materials and manufacture products?
Raw materials often come from China, with production in Vietnam, Indonesia, and Bangladesh.
Where are Nike’s marketing and design teams mainly based?
In MEDCs like the USA, Germany, and the UK.
How many people does Nike employ in Vietnam?
Over 400,000, many of them young women.
How does Nike help with skills development in Vietnam?
Provides training, improving workers’ skills and future employment prospects.
What improvements in infrastructure are linked to Nike’s presence?
Better roads, electricity, and transport networks.
How does Nike contribute to Vietnam’s economy?
Boosts GDP and exports, helping improve the balance of payments.
What is a common criticism about Nike’s wages in Vietnam?
Workers often earn as little as $1 per hour, much lower than Western wages.
What are some issues with working conditions in Nike factories?
Reports of long hours, strict quotas, and abusive treatment.
Why are Nike’s profits not a long-term benefit for Vietnam?
Profits mainly go back to Nike’s HQ in the USA.
What environmental issues are associated with Nike’s factories?
Pollution due to weak regulations.
Why are Nike jobs considered insecure in Vietnam?
Nike can relocate factories to cheaper countries easily.
