In today’s world‚ Nike and Wal-Mart are two big corporations that play a vital role in many lives. They both started from humble beginnings and have become a big phenomenon not only in the United States‚ but globally as well. Through what I would call very smart business concepts both have been able to grow exponentially over the past few decades. Wal-Mart has been able to pretty much dominate retail while Nike has been able to pop up first in peoples mind when it comes to sports apparel. Wal-Mart’s
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go to battle and win‚we say it is NIKE” INTRODUCTION TO NIKE • Est. in 1960 in Oregon • Phil knight and Bowerman- founder • Started small and now has covered U.S and international markets • Nike is now one of the biggest mfd. Of the world BACKGROUND • Most of the factories are located in Asia including Indonesia‚China‚Taiwan‚India Thailand‚Veitnam‚Pakistan ‚Philippines and Malaysia • Nike outsourcing contracts around 500 factories in 45 countries. Nike currently controls more than 45% of
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Globalisation a11d Nike GLOBALISATION Globalisation is the growing relations of international markets and it involves the economic activity in the production of goods and services among countries. It involves aspects such as growth and productivity‚ employment and skills wages and unequal distribution in wages both internationally as within a country. Hence‚ the belief that globalisation leads to growth is present all over both the works of Friedman and Norberg‚ but can be illustrated by a quote
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YOUNG CHAN KIM May 9‚ 2010 Mr. /Mrs. Personnel Manager Nike Sports Korea nikehr@nike.co.kr Dear Mr. /Mrs. Personnel Manager I would like to apply for Sales of the 2010 Nike Summer Internship Program. I saw the public notice that you are looking for people who can contribute‚ grow‚ think‚ dream and create. I am a qualified person whose Nike wants and I enjoy challenges with my passion. I love sport for watching‚ playing and talking. When I was young‚ I played soccer every day‚ also
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Functional Structure( Daft 2013) In this structures all decisions are made from high management‚ this is ok sometimes. But in many instances it creates delays in the daily operation if a decisions needs to be made and the president can’t be contacted. That’s the problem when to mangers controls all decisions. Each part of the company is responsible for meeting the goals of the company and that’s servicing customers. At some point and time all companies will have this in place at some point and time
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Nike Inc. by Mohammad Musaib Effectiveness of Structure: Nike Inc. Has a divisional (M-Form) design as Nike is an organization involved in multiple businesses in related areas and all of them operate in Nike’s framework; based on the product approach to departmentalization. Chain of Command Nike Inc. has a flat organizational hierarchy. There are three levels of management and three levels of subordinates. Span of Control: As this is an international brand the middle managers and the lower
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Prior to the “Game Changing” proposal for global woman’s fitness where would you put Nike on the CSI chart? Why Prior to “Game Changing” initiative‚ I would categorize Nike as a scope-driven organization on the Complex Strategic Integration Chart. Generally‚ in a scope-driven strategy‚ resources are mobilized across business units to pursue major opportunities. Nike business strategy is centered on big events. Nike scope dimension indicates the magnitude to which pursuing a new business opportunity
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Jordan Hirsch AF 495 October 18‚ 2012 Nike Executive Summary Executive summary In this report I will focus on Nike’s Inc. Cost of Capital and its financial importance for the company and future investors. The management of Nike Inc. addresses issues both on top-line growth and operating performance. The company’s cost of capital is a critical element in such decisions and it is important to estimate precisely the weighted average cost of capital (WACC). In my analysis‚ I will examine
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seem to be just fine while they abuse alcohol. Experts call these people “functional alcoholics” or “high-functioning alcoholics” (Bienvenu). These so called “functional alcoholics” can live life to the fullest‚ while maintaining a strong tolerance for alcohol. Even
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NIKE – INTRODUCTION : Nike‚ Inc. is a major publicly traded sportswear and equipment supplier based in the United States. The company is headquartered in the Portland metropolitan area of Oregon‚ near Beaverton. It is the world ’s leading supplier of athletic shoes and apparel and a major manufacturer of sports equipment with revenue in excess of $16 billion USD in 2007. As of 2008‚ it employed over 30‚000 people world-wide. Nike and Precision Castparts are the only Fortune 500 companies headquartered
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