Tuesday, October 18, 2016

Global Companies



1. Based on the video, it's obvious that people in Hong Kong, Taiwan, and China don't have other options for employment. They come to work in the factories from other provinces in the countries hoping to make a living. This puts a worker's family in a cycle of poverty, because kids are unable to get an education if they have to work in factories from a young age to support their family. Low wages, often with no minimum wage, force them to work overtime hours. Their exhaustion then increases the risk of workplace injuries. Working conditions are poor, as the rooms are dark, hot, and stuffy, which is dangerous to workers' health. In the US, the regulations are stricter, and are often enforced, as opposed to those in foreign countries. There is minimum wage, so many big companies choose not to produce their products in the US, as it's cheaper to do so elsewhere.

2. http://smartbusinesstrends.com/companies-with-the-happiest-employees/
Of course, if workers are happier, they work quickly and efficiently. For example. Google is known as one of the best companies to work for. Employees get free food, on-site laundry, and five months maternity leave with full pay and benefits. Obviously, Google is also a very successful and productive company, as it is ranked #2 on Fortune's World's Most Admired Companies. Apple also has very happy employees, as they receive great benefits and above-average salaries. It is very successful and productive as well, and is ranked #1 on Fortune's list.

3. http://www.toms.com/improving-lives
Tom's is a company notable for its social responsibility. They have a one-for-one program, where every time someone buys a pair of their shoes, they give a pair to kids living in poverty. They also work to provide sight, improve access to water, and allow for safe births for people in third-world countries, and prevent bullying.