Adidas: Brand Case Study Company Background: Adidas was founded in 1949. Adolf Dassler was the founder‚ hence the name “Adidas”. Dassler passed away in the 1980’s and his family carried on the business. However‚ in the 90’s‚ new CEO Robert Louis-Dreyfus switches the philosophies of the company from a manufacturing & sales company to a marketing company. The company then went public in 1995. Then in 2000‚ an ambitious Growth and Efficiency program is initiated. In 2005‚ the Solomon group sold the
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Financial and Non-Financial Justifications Nike is the largest seller of athletic footwear and apparel in the world that selling products primarily through a combination of retail accounts.Nike itself owned a retail‚ including independent distributors‚ stores and e-commerce ‚franchisees and licensees worldwide. Build a profitable global portfolio of branded footwear‚ apparel‚ equipment and accessories businesses is a goal of the company while their strategy is to achieve long-term revenue growth
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quality is the best way to reduce manufacturing costs and to increase productivity. → Bird-eye view : TI want to do their job right the first time. Their organizations treat strategic planning and quality improvement planning as an integrated activity. They want to find hidden quality costs and reduce hidden costs using COQ. 2) Reason of choosing a financial measure of quality Cultural change : TI want to create a major cultural change from the bottom line by using COQ. A cultural change was needed
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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
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wrong in humans’ morality. The definition of business ethics on the other hand‚ can be defined according by Wikipedia (2011)‚ ‘a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.’ It is important to implement an ethical approach in a business company‚ as it has various responsibilities
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Present a comparative business history of two firms - Adidas & Nike in respect to their rivalry Present a comparative business history of two firms - Adidas & Nike in respect to their rivalry Abstract In my essay I introduce the topic by presenting a brief history of the beginnings of each of the two firms. Adidas originating in Germany and Nike originating in America. I then go on to introduce some of the first products the companies made and the technological breakthroughs they respectively
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Adidas Heads to the Cloud to Control IT Spending Adidas Latin America decided to implement cloud-based procurement software to improve internal compliance and consolidate spending management. The company is a regional subsidiary of the Adidas Group sporting goods empire‚ which includes brands such as Adidas‚ Reebok and Rockport. Procurement at $1.4 billion Adidas Latin America was complex--involving different currencies and languages--and disjointed. Some countries had developed homegrown
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Case Study- Nike 1. Discuss how Nike’s growth can be attributed to its targeting of diverse market global segments. In the 1960’s Nike was only making running shoes. At this point in time not many people knew of Nike or the Nike swoosh. In order to increase brand awareness‚ they started paying athletes to wear their shoes. However‚ very soon Nike learnt that in order to be a global brand they needed to appeal to different market segments‚ not just athletes. Hence‚ they then decided to tap
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1. Describe the elements that make up the marketing mix. For a global organization like adidas its marketing mix is tailored to specific markets. 1) Price: What is the value of the product or service to the buyer? Pricing decisions should take into account profit margins and the probable pricing response of competitors. Pricing includes not only the list price‚ but also discounts‚ financing‚ and other options such as leasing. 2) Place: Where do buyers look for your product or service? Place
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Nike Case Study The US-based Nike Corporation announced that it had generated profits of $97.4 million‚ around $48 million below its earlier forecast for the third quarter ended February 28‚ 2001. The company said that the failure in the supply chain software installation by i2 Technologies3 was the cause of this revenue shortfall. This admission of failure also affected the company’s reputation as an innovative user of technology. The supply chain software implementation was the first part of
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