NIKE HISTORY Bill Bowerman and Phil Knight founded Nike Inc. as Blue Ribbon Sports in 1962 with a handshake. The two man team began the company with a combined investment of $500 each. They reached an agreement with a Japanese manufacturer of athletic shoes‚ forming BRS/Tiger shoes. Phil Knight started this company selling shoes from the trunk of his car. As the empire grew‚ the two man team developed the idea to cut overheard. In 1972‚ BRS and Onitsuka Tiger went different ways and thus Nike
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1. The Inca empire spread over a small portion of land to the north in modern-day Ecuador and in parts of Peru. At its height‚ the Inca Empire included Peru and Bolivia‚ most of what is now Ecuador‚ a large portion of what is today Chile north of the Maule River in central Chile.The geography was rugged - Andes mountains‚ the coastline deserts‚ and the Amazon jungle. 2. A part of the Inca is adopted ideas and Institutions that had been pioneered by earlier cultures. two peoples who had especially
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What is the most important factor when building an empire? In this essay I will write about what is the most important factor when building an empire. The different groups that are important when building an empire are Ideological; social‚ economic and political .These groups each have different ways which are important in building an empire such as the social factor and the political factor‚ the social factor is more to the all the countries in the empire will be allies and is also letting the
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are the major sources of risk facing the company? Discuss potential solutions Risks: • Due to its global dominance it has created a powerful brand image around the world it has evoked strong emotions in people’s mind so much that it leads to street protests. Starbucks has a store at every corner in some parts of U.S • Global recession led to shift consumers to less costly brands e.g. (McDonald’s McCafe). The future generation and people within their 20’s & 30’s are not ready to pay High prices
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Human Resource is the most important asset of an organization The importance of human resource (HR) can be explained through the analogy of a motorcycle. A motorcycle can’t run on its own without the function of its many parts. It needs to be serviced regularly‚ the parts oiled and sometimes‚ talking to it‚ helps in running of your motorbike. Trust me (I myself‚ own a Vespa). Ignorance of its squeaky brake pads‚ almost thread less rear tyres could hamper the
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The work of the abolitionists was the most important reason for the abolition of slavery and slave trade. Do you agree? In 1807‚ an Act of Parliament abolished the trade of slaves in the British colonies. However‚ it was not until 1833 that an act was passed to free all slaves in Britain’s colonies. The enslaved received no compensation for their sufferings or for having their freedom denied. On the other hand‚ the plantation owners did receive compensation from the British government for the
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What National Monument Means the Most to me? Winston Churchill‚ former British prime minister‚ once said‚ ¨Never in the field of human conflict‚ has so much‚ been owed by so many‚ to so few!¨ This quote is from a British Prime Minister Winston Churchill during World War 2. There are multiple reasons why I like the National World War 2 monument. The monument was finished building on April 29‚ 2004‚ which was 59 years after the end of World War 2. The 3 reasons why this monument is important to me
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Ethics of Globalization 4/12/2012 Adriano The Perils of Globalization & Learning Social Responsibility: Nike‚ Inc. As time has gone on‚ the world has begun to transform due to a phenomenon that affects just about everyone‚ the phenomenon is referred to many as globalization. In the past‚ it was somewhat accepted that the people of one country owed no obligation to the people of another nation. Each nation kept to themselves and worried predominantly about themselves and no one else. But
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50219 BBS 3FA CASE SUMMARY & HIGHLIGHTS Formation of Nike In 1958‚ Phil Knight came realised the need of a good American running shoe and started working on his idea. In 1964‚ he along with Bowerman formed an athletic shoe company and called it Blue Ribbon Shoe (BRS) company. In 1971‚ they developed a distinctive trademark and a new brand name and this is how Nike came into existence. Exceptional economic performance Nike grew at an amazingly fast pace with profits growing from $10 million
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Nike (NKE) In the 1950’s‚ Bill Bowerman‚ a track and field coach at the University of Oregon‚ began cobbling shoes for his runners. Bowerman and one of his runners Phil Knight formed Blue Ribbon Sports and sold shoes for Tiger shoes in 1964. While Knight was selling the shoes‚ Bowerman was ripping them apart to see how he could make them lighter and made his runners test his improved shoes. Their first full-time employee‚ Jeff Johnson‚ was an early designer of shoes and came up with the name Nike
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