Primary Business Function(s) and Background A primary business function or activity is the main focus or line of products that the business ventures into and the types of products that they aim to sell to the consumer market. Nike is a clothing and goods manufacturer‚ focusing on athletic shoes‚ apparel‚ sporting goods and accessories. Originally known as "Blue Ribbon Sports"‚ it was founded by track athlete Philip Knight and his coach Bill Bowerman in January 1964. The company’s profits grew quickly
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Nike Case – Spreading out to stay together 1. When Nike CEO Phil Knight stepped down and handed his job to Bill Perez‚ he stayed on as chairman of the board. In what ways could Knight’s continued presence on the board have created an informal structure that prevented Perez from achieving full and complete leadershipof Nike? Answer: Informal structures are the shadow organization that represents the actualworking and communication relationships that may not resemble the formal organizationalchart
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decisions. The TUTORIAL also introduces you to the FOCUS 2‚ Online Career and Education Planning System. FOCUS 2 will help you explore career paths based on your interests‚ your personality‚ your talents and your values and help you to plan the education/training you will need to attain your career aspirations. AFTER READING THIS HANDOUT‚ VISIT: http://www.ncwc.edu/student-affairs/icsc/students/career-exploration TO BEGIN USING THE FOCUS SYSTEM! Access Code: bishops Why Career Planning is
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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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(KE’-g) =1.06*(1+8%)/(8.21%-8%)=$545 In Nike’s case‚ when Joanna Cohen calculated the WACC of Nike‚ she made several mistakes and led to a wrong estimate of the cost of capital. The first mistake comes to the book value of equity used in calculating WD. Nike became a publicly traded company since December 2‚ 1980‚ the share price has changed significantly during 20-year’s time. So‚ the market value of equity should be used instead of book value. Then‚ Cohen calculates the cost of debt by taking total interest
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A. Brief Company Background: Brief History: Nike‚ Inc. was incorporated in 1968 when The University of Oregon’s track and field coach‚ Bill Bowerman‚ and his star runner‚ Phil Knight‚ thought they could better design and sell shoes to runners than what was available at the time. It is headquartered in Washington County‚ Oregon. Nike is many things – a product designer‚ a consumer goods manufacturer‚ a brand communicator‚ a leader in corporate responsibility‚ and a portfolio of authentic footwear
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Unit 2 Chapter Focus Questions Chapter 6: The Duel for North America 1. “Why was the French empire ultimately so much less successful than either the Spanish or the British empires?” France was a late player in the settling game of the New World. During the 1500s it was ravaged by wars and internal conflict‚ most of these were caused from the Roman Catholics at odds with the Protestant Huguenots. Also‚ once the colonies were created settlers did not stay‚ many either came home or never
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sculpture is Nike of Samothrace‚ now located in the Louvre museum in Paris. It is a demonstrative‚ and powerful sculpture which encapsulates everything great about Ancient Greece. The sculpture is made of Rhodian marble‚ stands 2.45 meters tall and 2.35 meters wide including its wings (Burn‚ 2004‚ p. 89). Nike’s sculptor is not well known‚ however it is presumed to have been constructed by the sculptor Pythokritos (Pollitt‚ 1986‚ p. 114) during the early second century BC. Discovering Nike was discovered
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Bill Bowerman and Phil Knight founded Nike Inc. as Blue Ribbon Sports in 1962. The partners began their relationship at the University of Oregon where Bowerman was Knight’s track and field coach. While attending Stanford University‚ Knight wrote a paper about breaking the German dominance of the U.S. athletic shoe industry with low-priced Japanese shoes. In an attempt to realize his theory‚ Knight visited Japan and engineered an agreement with the Onitsuka Tiger company‚ a manufacturer of quality
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Assignment 2: focus on the learner 1- Background to the learner: My student is called Samir Salem Abdullah Al-Ahsani. He is an Omani student working as an employee in the Bouhelba Company. He speaks Arabic which is his mother tongue and a little English. He’s at the elementary level at Polyglot Institute. He first studied English in the Omani public schools where he didn’t learn much according to him. He felt he couldn’t respond ‚when talked to in English‚ and needs to improve his speaking
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