Summary Nike has been able to become a global player in the industry of sports apparel and athlete endorsements because of many different factors that are outlined in the way they manage their company. By analyzing the business plan of Nike we can see how their supply chain is set up as is illustrated above. The supply chain is very important for the transfer of their goods from the supplier of raw materials to a manufacturer‚ then to a distributer‚ then to a retailer‚ to then be available for
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retailers as stores within stores. Now it looks like Nike has a chance to reach a crucial objective: double its sales to women by the end of the decade. How to Sell to Women Nike Goddess began as a concept for a women-only store‚ and there’s a reason why. Many of the retail settings in which the company’s products were found were a turnoff to female customers: dark‚ loud‚ and harsh – in a word‚ male. In sharp contrast‚ the Nike Goddess stores have the comforting feel of a woman’s own home. How
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SWOT Analysis Of Nike Strengths Weaknesses Nike is a worldwide established brand providing sports and fitness related products. They are well established and currently hold 31% market share for fitness related apparel and 46% of market share in all sports footwear. (Market Watch). Another strength for Nike would be there huge sponsorship deals with the world’s biggest sports teams and sports stars which hugely increases the awareness of the brand by promoting and advertising their brand. E
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Nike Case Study 1.) List the various macro-environmental factors that influence Nike’s strategy. Which seem most pertinent? The macro-environmental factors that influence Nike’s strategy include culture‚ demographics‚ social issues‚ technological advances‚ economic situation‚ and political and regulatory environment. Culture is the shared meanings‚ beliefs‚ morals‚ values and customs of a group of people. In America‚ Nike has become an industry leader that influences our cultural
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in the world’’. This is because Nike mostly sells good clothes‚ bags‚ trainers and equipment for athletes. However‚ its target audience of Nike is also men‚ women‚ teenage‚ college/university students. (see appendix 1). Nike is leading the market and is operating in160 countries. Nike Products: Nike’s principles of marketing involve quality of the product. Nike is well known brand because of its new stylish outfit that comes out in the market every year. Nike is now also very famous of its slogan
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p.30 Strategic Plan……………………………………………………………………………………..p.33 Conclusion………………………………………………………………………………………...p.38 LIST OF EXHIBITS 1. Sales Trends Graph……………………………………………………………………………p.5 2. Net Income Trends Graph…………………………………………………………………….p.5 3. Nike Board of Directors Table………………………………………………………………...p.11 4. Table of Key Financial Ratios………………………………………………………………...p.22 5. Net Income Trend Graph………………………………………………………………….…..p.24 6. Primary Strategic Match Position Chart…………………………………………………….
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Running head: Nike and the Sweatshop Debate Nike the Sweatshop Debate Shelia D. Marshall Global Strategies MGT 448 Shabbir Karim October 12‚ 2009 Nike the Sweatshop Debate Beneath all the hoopla and controversy about Nike being a successful company in the United States in which its earnings in 2009 according to Hoovers Inc.‚ 2009‚ Nike’s revenue for 2009 was $19‚ 176.1 million and their gross profit was $8‚604.4 million‚ made possible by the hands of women and underage workers
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increase its capital is a corporation. There are also non-profit corporations organized for religious‚ educational‚ charitable or public service purposes. One of the corporations are the “Nike‚ Inc” which in other words can be said a company. And what here will be discussed the process how a corporate body that is Nike governs‚ ethic of it and the corporate responsibility of it upon the business world and balance of interest of the stakeholders such as Government‚ Employees‚ Customers‚ Suppliers‚ Creditors
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Area: An organisation ’s corporate social responsibility policies‚ including business ethics‚ and their impact on business practice and key stakeholders Title: How does Nike reconcile the need to minimise the cost of manufacturing with the need to meet the ethical and social expectations of its customers? By WORD COUNT Research Analysis Project – 6224 words (minus table) CONTENTS Page CHAPTER 1: INTRODUCTION 1.1 Introduction 3 1.2 Project Aim
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Nike is one of the largest corporations in the athletic apparel‚ footwear and equipment industry. The company’s headquarters is located in Beaverton‚ Oregon and the current President/CEO is Mark Parker (Nike‚ 2014). It was founded in 1964 under the name Blue Ribbon Sports by Phil Knight and Bill Bowerman. The founders’ goal was to produce quality running shoes and the business began by selling the shoes at track events. In 1971 the company changed its name to Nike‚ which means Greek goddess of
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