Final answer:
Nike manufactures athletic clothing and gear aimed at athletes and active individuals. Garment workers in this industry often face mistreatment due to the pressure of low manufacturing costs and rapid production demands. In production, companies consider product types, processes, output levels, market structure, and labor employment.
Step-by-step explanation:
For this example, we will select Nike as the well-known clothing and apparel manufacturing brand. Nike produces a wide array of athletic clothing and apparel aimed at sports and fitness enthusiasts. Their product line includes items such as running shoes, sports jerseys, and workout gear. The main target consumers for Nike are athletes and active individuals who seek performance-oriented apparel for their fitness endeavors.
In regards to the working conditions, garment workers are often mistreated because large apparel companies pressurize factories to maintain the lowest manufacturing costs and fastest production schedules. This leads to unethical practices such as poor pay, extended working hours, and unsafe working conditions. Despite steps taken by many companies to ensure better treatment for workers, monitoring is challenging due to complex supply chains and subcontracting networks.
When it comes to production, companies must decide what products to make, how to produce them, and the quantity they should produce. Market structure plays a critical role in these decisions, involving considerations about the competitiveness of the industry, product differentiation, and the entry barriers for new firms.