Who Am I? Nike is a multinational corporation that is engaged in design‚ development and worldwide marketing. Nike also merchandises footwear‚ apparel‚ equipment‚and accessories. Nike is the worlds leading supplier for athletes footwear and apparel‚ the company was founded in January 1964 as Blue Ribbon Sports owned by Bill Bowerman and Phil knight. It was then named Nike Inc. in 1978. The company ’s named Nike comes from a Greek word which means victory. Nike is marketed as its own brand as well
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Professional Selling Plan for Nike+ By: Daniel DeMaiolo‚ Marc Russell‚ James Kopanic‚ Tiffany Sokol‚ Kelsey Rupert‚ and Zachary Mehl Dr. Cynthia E. Anderson MKTG 3740 Selling Plan October 11‚ 2008 Table of Contents 1. Executive Summary………………..2 2. Product Description…….………….6 3. SWOT Analysis……………………8 4. Target Market……………….……11 5. Product Strategy…………………..14 6. Customer Strategy………………..16 7. Relationship
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summary The purpose of this text is to give a comprehensive look over the past achievements of Nike Inc. The author is offering a brief history and is presenting‚ Nike Inc through the Marketing Mix of a company. All 4P’s Product‚ Price‚ Place and Promotion are presented and systematically defined and explained. Examples about the 4P’s are given and suggestions are made. Some opportunities that Nike must try to achieve and threats that the company has to overcome are described. In the conclusion
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products or services in unrelated fields” (Collins English Dictionary‚ 2015). Nike was once a startup company that only manufactured and distributed shoes after Phil Knight founded the company in 1964. Since Nike was founded in 1964‚ their brand has extended from just manufacturing shoes to sweatpants; the highly popular Dri-fit t-shirts‚ backpacks‚ and the new Fuel bands which I will explain their purpose later. Nike seems to keep evolving with the ever-changing market in order to keep up with the
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Nike Problem definition We have chosen to write about Nike. First of all we are going to make a company description of Nike and write about their history‚ and then we would like to make a swot analysis‚ wherein we are going to write about the company’s strengths‚ weaknesses‚ their opportunities and their threats. Then we will write about the importance of globalization for Nike’s expanding. After that‚ we will write about their policies‚ among these we will mention their environment policy
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Philip Knight is the chairman‚ CEO‚ and co-founder of Nike and he currently owns more than 90% of the firm. The company is internationally known for its trademark "swoosh" and its leadership in the athletic apparel industry. Philip H. Knight ’s involvement with a sporting goods company is not accidental. He has always loved running‚ was a miler in college and has participated in marathons since. Knight received a BBA in Accounting at the University of Oregon in 1959‚ and was an MBA student at Stanford
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SWOT analysis: Nike Introduction Like most companies‚ Nike has corporate strengths and weaknesses. However‚ in the 50 years that Nike has been in business‚ it has weathered most challenges. From its maverick days as an upstart sports shoe brand being sold out of the back of the trunk of its owners’ cars at track meets‚ through the 80s and 90s when it lavished multi-million dollar endorsement deals on sports icons. Following is a SWOT (strength‚ weakness‚ opportunity and threat) analysis of
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Critical Analysis of Nike History Nike began as Phil Knight’s semester-long project to develop a small business‚ which included a marketing plan. This project was part of Phil Knight’s MBA course at Stanford University in the early 1960s. Phil Knight had been a runner at the University of Oregon in the late 1950s. His idea for his project was to develop high quality running shoes. He thought that high quality/low cost products could be produced in Japan and then shipped to the United
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Nike‚ Inc. (IPA: / ’naɪki/) (NYSE: NKE) is a major publicly traded sportswear and equipment supplier based in the United States. The company is headquartered in Beaverton‚ near the Portland metropolitan area of Oregon. It is the world ’s leading supplier of athletic shoes and apparel and a major manufacturer of sports equipment with revenue in excess of $18.6 billion USD in its fiscal year 2008 (ending May 31‚ 2008). As of 2008‚ it employed more than 30‚000 people worldwide. Nike and Precision Castparts
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Nike: The Sweatshop Debate analyzes the legal‚ cultural and ethical challenges confronted by global business and will also examine the roles that host governments have played while summarizing the strategic and operational challenges facing global managers at Nike. Having standards in place will protect the organization from a major crisis like the one formally faced by Nike. Philip Knight and Bill Bowerman created the world’s largest sportswear company‚ Nike‚ in 1962. Nike now controls more than
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