Does Nike have a good CSR strategy?How should it handle the situation in Indonesia?

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Does Nike have a good CSR strategy?How should it handle the situation in Indonesia?

Answered Same DayDec 21, 2021

Answer To: Does Nike have a good CSR strategy?How should it handle the situation in Indonesia?

Robert answered on Dec 21 2021
130 Votes
CSR Strategy of Nike 1
Running Head: CSR STRATEGY OF NIKE
CSR Strategy of Nike
CSR Strategy of Nike 2
CSR Strategy of Nike
In the era of world
wide depression, sustainable growth and development of business
organizations can be possible though corporate social responsibilities. Nike has also
implemented a good CSR policy to develop good relationship with the stakeholders such as
employees, financers, customers, suppliers, etc. (Nike Inc., 2009). Company has good CSR
policy as company reviews it regularly to update the rules and regulations as per the changing
environment.
Company has also imposed code of conduct for suppliers, employees, so that they all will
follow legal and ethical standards and practices, which will ultimately benefits to the consumers.
Through CSR policy, company concentrates on sustainability and innovation (Dutton, 2008). In
this concern, company has incorporated its CSR policy with two advanced business plans such as
fast track amalgamation of CSR policy and business practices and implementation of ascendable
solution, so that Nike can evolve to a close loop business model (Nike Inc., 2009).
According to the CSR report of Nike, its main focus is to improve working strategies and
practices by assessing the working environment and conditions of factories. It conducts regular
audit to improve working environment of factories and ensure high safety and health
measurement for workers. For instance, Nike has...
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