A multinational corporation is defined as a corporate organization, controlling or owning the production of services or foods at least in one country other than the corporates home country. Legally a company is accepted as Multinational Corporation if it gets at least 25% of its revenue from operations that are out of their home country. Various other names have been used to refer to multinational corporations, and this include transnational corporations, transnational enterprises, stateless corporation, and international corporations.
Headquartered in Herzogenaurach, Germany, Adidas is a transnational enterprise that specializes in the manufacture and design of clothing, accessories, and shoes. It is the biggest manufacturer of sportswear in Europe, and in the world, it is rated second after Nike. Adolf Adi Dassler, founded Adidas and was making shoes in his mother’s washing room of after his return from the 1st world war. His brother later joined him in 1924, and the factory became Dassler Brothers Shoe Factory. It would then grow over the year to become what it is today.
Products and services of Adidas
Adidas is involved in selling a variety of clothes varying from both women's and men's jackets, t-shirts, pants, leggings, and hoodies. The first apparel Item that Adidas manufactured in the year 1967 was Franz Beckenbauer's tracksuit. Adidas has grown to be the largest company making sports bras in Europe, and it's ranked second globally.
Compliments complaints and tips for Adidas.
The company's business ethics and practices about the welfare of its employees have often been a subject of criticism. In 2011, the company was in a controversy where the All Blacks replica rugby jersey was said to be overpriced. New Zealand fans askeda for a price cut and even started purchasing from vendors overseas, arguing that the Adidas process was twice that offered by some websites. If you have used their products, leave a review on allreviews.ca.
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