Nike Is an Example of a Leading Global Corporation That

question 32

Multiple Choice

Nike is an example of a leading global corporation that

• A) pays its workers living wages and provides good benefits.
• B) has outsourced work in sweatshops including child labor in countries like South Korea to manufacture its products.
• C) has been successful at eliminating the need for unions by partnering directly with its employees to set fair working conditions.
• D) ignores public opinion about its employment practices and compensates with low prices that consumers cannot pass up.

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Definitions:

Fixed Price

A pricing strategy where the cost of goods or services is set at a specific amount and does not fluctuate.

Buy Shares

The act of purchasing ownership interests in a company, thereby becoming a shareholder entitled to dividends and capital gains.

Lower Bound

The minimum value that a theoretical price, such as an option's price, can reach.

Call Option

A contractual agreement that allows the buyer the choice, without any requirement, to purchase an asset at an agreed-upon price within a set period.