Company Evaluation Project Of Nike Corporation Submitted By: Steven Ritter May 10‚ 2007 Financial Analysis Description of Company History Nike Corporation has become one of the most competitive sports and fitness companies worldwide. Two runners‚ Bill Bowerman and Phil Knight‚ from a small town in Oregon embarked upon the business with a handshake agreement. The enterprise began in January of 1964 with the introduction of Blue Ribbon Sports. In 1966 the handshake between
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and more than 200 different languages. Consequently this part of the world gave many different cultures‚ traditions‚ and way of lives. Despite this diversity‚ Indonesia today has a common bond that united them all into one nation‚ one language‚ and one people. Due to this diversity‚ conflicts are unavoidable. However‚ the people of Indonesia have been able to overcome their differences. The spirit of musyawarah (to deliberate or confer)‚ mufakat (to agree)‚ and gotong-royong (mutual assistance) that
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(13% today w/ first clean slate in FY14)‚ international presence (step-back before forward)‚ and square footage growth opportunity at Outlets as leases (typically 5 year) come due. In other words‚ growing pains. Boss also started coverage of Nike Inc. (NKE)‚ giving the company a Hold rating and a $100 price target‚ a touch above today’s $99 share price. He touts Nike’s best-in-class position in its category and also points favorably to its balance sheet: With annual free cash flow generation
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the right. Consequentialist theory works better to argue the above statement. Consequentialist theories are the ethical theories view that the action is right if and only if its consequence is the best possible. The well-known example would be Utilitarianism- “Every advantage in the past is judged in the light of the final issue.’’ (Demosthenes). In the United States of America‚ people drive on the right side of the road and in England‚ they drive on the left side. There is nothing intrinsically right
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Nike CSR Corporate social responsibility can be defined as the "economic‚ legal‚ ethical‚ and discretionary expectations that society has of organisations at a given point in time" (Carroll and Buchholtz 2003‚ p. 36). The concept of corporate social responsibility means that organizations have moral‚ ethical‚ and philanthropic responsibilities in addition to their responsibilities to earn a fair return for investors and comply with the law. A traditional view of the corporation suggests that its
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maturing market in athletic shoes. There is also a growing adverse demographic change in the marketplace brought about by the sweatshop expose that Nike has not overcome yet. Effects to Nike’s growth are also affected not only by domestic economy but also by the international economy. The continued weak Euro and Asian recession could potentially hurt Nikes international sales and growth. Nike’s extreme sports product line is seen as inferior quality compared to competitors and is hurting sales and
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Dark Side of Utilitarianism According to Bentham‚ an English moral philosopher and legal reformer‚ the highest principle of morality is to maximize happiness‚ the overall balance of pleasure over pain. This principle explains the Utilitarianism doctrine that is mostly the solution of everyone in every century. Utilitarianism can bring the most benefit for people. In contrast‚ throughout the three stories “Justice” by John Stuart Mill‚ Never Let Me Go by Kazuo Ishiguro‚ and “The One who Walks Away
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philosophy and build a foundational knowledge and understanding of how such thinking has evolved and progressed in humans over time‚ one must look to possibly one of the most influential approaches to ethics in history: Utilitarianism (Driver). In order to understand what Utilitarianism is and how this system of thought developed and can be applied in society‚ one must look back to the writings of thinkers who began to discover a clearer definition of the concept in the early nineteenth century. Ideas
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Report: The Travails of Nike INTRODUCTION Nike‚ Inc. is a world’s leading supplier and a major manufacturer of athletic shoes and sports apparel. It was founded on January 25th‚ 1964 as Blue Ribbon Sports by Philip Knight and Bill Bowerman. It officially became Nike‚ Inc. in 1978. Currently their brands include Nike Golf‚ Nike Pro‚ Nike+‚ Air Jordan and Nike Skateboarding‚ while their subsidiaries are Cole Haan‚ Hurley International‚ Umbro and Converse. During this stage‚ the Nike brand has become so
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Background information: Iconography Explanation Nike Heritage NIKE‚ pronounced NI-KEY‚ is the winged goddess of victory according to Greek mythology. He sat next to Zeus‚ king of the Olympian pantheon‚ in Olympus. A mystical presence‚ symbolizing victorious encounters‚ NIKE presided first battle in history. A Greek saying: "When we go to battle and win‚ we say it is NIKE." Synonymous with honored conquest‚ NIKE is the twentieth century footwear that lifts the world ’s greatest athletes to new levels
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