Joanna Cohen’s WACC calculation because she mistakenly used historical data to estimate the future cost of debt. Joanna calculated the cost of debt by taking the interest expense for 2001 and dividing it by the average debt balance. The cost of debt for Nike is the effective rate that it pays on its current debt‚ meaning the yield to maturity of bonds should be used to make an estimate instead of the average debt balance. Through the use of past data‚ the average balance of debt‚ the 4.3% before-tax cost
Premium Arithmetic mean Interest Stock
A Case Analysis of Nike: The Sweatshop Debate Mindi Merritt Class Fall 2014 Instructor’s Name Introduction Nike is a hugely successful global industry that designs and markets shoes and apparel (Coakley & Kates‚ 2013). Most of Nike’s products are subcontracted and manufactured overseas in countries such as China‚ India‚ Vietnam‚ Indonesia and Korea. For decades‚ Nike has been embroiled in controversy where critics claim its products are manufactured in foreign factories with substandard
Premium Labor Child labour Wage
Nike Case Study Table of Contents Part 1 Page Introduction and Overview 3-4 Part 2 Nike Company Information 5-6 Part 3 Nike weaknesses 7-8 Part 4 Ethics and impacts 9-10 Part 5 Conclusion 11 References 12 Nike manufactures and markets sports apparel and equipment on a global scale. They operate in 160 different countries‚ and have revenues of $18
Premium Nike, Inc. Business ethics Athletic shoe
Case Study Nike Introduction Good morning ladies and gentlemen and thank for taking the time to meet with us. Nike was founded on January 25‚ 1964 as Blue Ribbon Sports by Bill Bowerman and Philip Knight. The company officially became Nike‚ Inc. on May 30‚ 1978. Nike has various products which include footwear as well as other apparel that compliment the former. This accounts for 92 percent of the company’s revenue. The other 8 percent comes from equipment and non Nike brand products‚ such as Cole
Premium Stock Nike, Inc. Weighted average cost of capital
Free Speech and the Internet Team A University of Phoenix Online BUS415 - Business Law Facilitator: Mr. Mark Goodman December 6‚ 2004 Abstract Because the internet provides invaluable information at the touch of a button‚ unwanted and inappropriate information is readily available and concern over free expression and First Amendment violations with respect to filtering and censorship are at issue as we look at protecting children and families. Free Speech and the
Free First Amendment to the United States Constitution Obscenity World Wide Web
healthy work environment. A safe working environment includes protection from natural disasters and occurrence such as tornados‚ earthquakes‚ and fires. Protection of human rights: Present information to show that our employees have rights just like any other citizen of the country in which we operate. Our employees have rights and are respected. We do not operate as a sweat shop and do not engage in this type of behavior. Community Involvement: Examples of how we as a company give back to the
Premium Human rights Law Health
1. In referring to the opening chapter and closing case for this chapter‚ discuss the challenges discussing corporate social responsibility that companies in the apparel industry face in its supply chains around the world? a. Apparel manufacturers and distributors face many unethical horizons when conducting business overseas. There primary goal in outsourcing is to reduce costs anywhere deemed possible. Although‚ companies such as Nike fall into a slippery slope when production is high‚ exposure
Premium Management Business ethics Social responsibility
Human Rights Essay Human Rights plays a role in everyone’s life‚ but not everyone realizes it. It’s involved in every comment you make that includes someone different. Every near discriminatory “joke” you say. It affects people‚ even if it doesn’t affect you. Human rights means being able to hold hands with the person you love‚ work where you’re qualified to work without your skin color or sexual orientation being the reason you can’t; it means having the right to be human‚ making choices and
Premium Discrimination Human Religion
Chloe Levkulich Dr. Sean Martin Thinking and Writing 25 July 2013 Proposal to Ensure Safety of American Rights The American people need a wakeup call‚ a call to change‚ and a call for action because our entitled‚ god-given‚ Constitutional rights are at stake. The WNYC‚ or local nonprofit public radio station for New York City states‚ “There is no record of how many illegal searches take place every year. In a written statement to WNYC‚ police spokesman Paul Browne acknowledged that illegal
Premium Police Constable Law
Nike case study Jamaludin Husein Alcaf Background • Nike is based in Oregon‚ USA. It operates in 120 countries and has over 20‚000 employees. Fiscal year 2001 saw sales grow in each of its product segments in all four global markets. Total sales topped $US 9 billion. • In Japan‚ Nike allied itself with Nissho Iwai‚ the sixth largest Japanese trading company‚ to form Nike-Japan Corporation. Because Nike al ready held a part of the low-priced athletic shoe market‚ the company set its sights on the
Premium Athletic shoe Corporation Multinational corporation