Nike is among one of the earliest companies to learn the importance of outsourcing their factory jobs in order to save cost and therefore boost profit, but since its outsourced jobs in Asia have been under scrutiny of paying workers as little as 17 cents a day, it became questionable whether both strong ethics and profits can exist within the same realms of business. Personally, I think Nike is a prime example of a typical large corporation who maximizes its profits by ignoring the basic human required wage for living. I think it is important to not that it is not only harming the foreign underpaid workers, but also the US economy when it took its jobs away from the cities where the factories once were. And using ethical practices in a business is easier said than done considering it may not be the priority of all of Nike’s stakeholders, while the prime objective is to make as much profit as possible, it may be seen by executives and shareholders as a smart move to launch more money into being ethical than investing in a possible new product. Nike has long been a strong brand with enormous fan base, but the underpaid workers scandals have seriously damaged the reputation of confidence the brand has uphold, the article describes the growing number of protest against the Nike campaigns but little seems to have changed in term of business ethics for Nike although the article claims it has.

http://www.businessinsider.com/how-nike-solved-its-sweatshop-problem-2013-5

Nisen, Max. “How Nike Solved Its Sweatshop Problem.” Business Insider. Business Insider, Inc, 9 May 2013. Web. 11 Sept. 2014.