Where The head quarters of puma are located all around the world in places like Germany, Boston, London, and Hong Kong but the brand has factories in developing countries such as Asia. Puma has 9,500 employees and distributes its products in more than 120 countries. The PUMA products are made in independent supplier factories. These factories are located in 43 countries worldwide. Main sourcing countries are in Asia, Turkey, Europe as well as South America, but there are also suppliers located in Africa and the Middle East. Worldwide For the fiscal year 2003, the company had the amount of $1.568 billion.
Products The products made by this company are mostly sports related products. For example everybody knows Usain Bolt Puma makes his shoes therefor puma sponsors him by giving him money to show of puma’s products. And if the fastest man in the world is wearing puma everybody else will want to be wearing puma too.
These are Usiain Bolts running shoes
Positives The positives of having such a huge transnational corporation is when you buy their products and they are usually made with care and will last along time. These companies also employ a lot of people weather it is in the store its self or in the factories although they might not get much it is better then nothing. In 2000 Puma began auditing all of its suppliers on a yearly basis to see how the factories are going. Since 2005 it has publicly provided a list of its suppliers.
Negatives Although it is good that the big companies employ these people, companies like puma do have sweatshops where people work over time with no or little pay. They also employ children to work in the sweatshops, these children have to work here usually because their family is struggling with money and they have to help out. Organizations promoting fair trade and worker's rights criticize Puma's employment practices in the lesser‐developed countries throughout the world, mostly relating to workers in China, Turkey, El Salvador, and Indonesia. Puma, like many globalized corporations, believes that something called "flexible" labour practices allow the company to manufacture quickly and cheaply, but often under terrible conditions. Puma has also got short‐term contracts with its suppliers, which means that at any time it can leave a factory, and its workers, if they can make their products more cheaply in another place.
Bibliography http://en.wikipedia.org/wiki/Puma_SE http://www.puma.com/ http://www.eshop.puma.com.au/eShop/Controller?page=in dex http://safe.puma.com/us/en/category/pumasafe/ http://www.google.com.au/imghp?hl=en&tab=wi
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