GYAAN KOSH TERM 1 Learning and Development Council‚ CAC Managerial Economics This document covers the basic concepts of Managerial Economics covered in Term 1. The document only summarizes the main concepts and is not intended to be an instructive material on the subject. Gyaan Kosh Term 1 MGEC Learning & Development Council‚ CAC Opportunity cost: Taken into account for economic decisions. Opportunity Cost is the “next best” or “alternative” benefit from an investment Sunk costs:
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‘unethical’ by media who construe this view to consumers. Such allegations can and will have damaging effects with Nike having been taken to court already in the past. 2. Would the use of third-party independent contractors insulate MNCs from being attacked? Would that practice offer MNCs a good defensive shield against charges of abuse of “their employees”? • Not necessarily‚ as Nike will be using labour which is just managed by another party. They would just be shifting the blame of abusing “their
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accomplishment derives from the Paleolithic era. These beginnings of mankind could be considered our most important. The first tools were developed‚ stone tools used to shape wood‚ dig for food‚ or weaponry. The progression in tools shows the growth in thinking‚ first using objects for tools then creating tools to fit a certain need such as sharpening stone for cutting. Tools were used to fashion weapons like a bow and arrow. Man learned how to make fire with friction for heat and cooking food (Baldwin)
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In order to understand the Nike system’s effectiveness in defending the US‚ the hostile actions and aerial strength of the USSR must be put into context. The main reason for the creation of the Nike missile system was to defend and deter the rapid technological advances of the USSR. After World War II‚ the USSR was able to acquire German scientists that had been working on the infamous V-2 rockets‚ as well as nuclear research. In addition‚ the USSR was also able to acquire some of the US’s bombers
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were good‚ I think that there were some that she could have used different numbers and rates to come up with more accurate numbers. WACC=(E/(D+E)) Ke + (D/(D+E)) Kd (1-t) 2. If you do not agree with Cohen’s analysis‚ calculate your own WACC for Nike and be prepared to justify your assumptions Cost of debt-based on yield to maturity PMT= 100(.0675)=6.75 N= 20 (2)=40 FV= 100 PV= 95.6 I/Y= computed on calculator=7.0832(semiannually) 7.0832(2)=14.166% annually COST OF EQUITY Cost of
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An example of an operational strategy I found was within the NIKE organization. NIKE was created in 1972‚ by co-founder Bill Bowerman & his University of Oregon runner Phil Knight. Together‚ with the people they hired‚ the company was able to grow and expand from a U.S. based footwear distributor to a global marketer of athletic footwear‚ apparel & equipment that is unrivaled in the world today (www.nikeinc.com). Operations strategy is the development of a long term plan for using the major resources
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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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Nike galaxy This is one of the most amazing adverts‚ I have ever seen. Pretty much everything about this advert is amazing! The music and the sound effects bring another whole new level into the advert. The music in the background keeps up the tone and the beat of the hype in the advert. The music artist has done a really good job on keeping the tone of the advertisement up by the beats which reflects on the characters in the advert. The beats are like boom‚ boom‚ and boom! Before the advert’s main
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TOPIC: VMWARE TOOLS Introduction: Virtualization reduces IT costs while increasing the efficiency and utilization of existing assets. So it is becoming more popular among IT companies. VMware is one of the companies which supplies products for datacenter virtualization is leading the pack. VMware’s ESX/ESXi is one of the enterprise-level virtualization product offered by VMware‚ Inc. ESX is a component of VMware Infrastructure‚ it adds management and reliability services to the core server
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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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