success factors for Nike? Nike‚ originally known as Blue Ribbon Spots is involved in the design‚ development and worldwide marketing of footwear‚ apparel‚ equipment and accessory products which started its journey in early 1962. In nearly 200 countries with around 18‚000 retail accounts Nike is now the largest seller of athletic footwear in the world. The company focused on delivering high quality running shoes designed especially for athletes by athletes. Behind its success‚ among many factors two
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Topic THE IMPORTANCE OF CULTURAL FACTORS IN INTERNATION BUSINESS In the process of globalization‚ the world is getting smaller. The connections and interactions between countries or international companies are easier by cultural integration. For example‚ Google’s company was a small company in California before 2000. They then expanded their company in other countries such as Germany‚ Japan and they has boosted many different language versions of the site. Google has been considered as the largest
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Key factors that influence success of NIKE If a company is able to establish brand awareness‚ they will have a significant advantage in grabbing consumer’s attention and‚ therefore‚ market share. In today’s society where consumers have significantly less time to shop and compare‚ brand awareness is critical. If an established brand name effectively conveys the messages of quality and dependability‚ consumers will automatically go to that brand relying on the image that has been created when they
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knowledge about the brand name and culture; what’s more we discuss the cultural factors effecting the trademark translation. (1)To conform to the habitual use of the target language，understanding the habit of the target country’s language is necessary．The basis of the translation includes the understanding of the surface meaning of the source text as well as the deep meaning. (2)Translators should pay attention to the cultural and aesthetic psychology of customers in the target market．if the target
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Political Factors Political factors has to do with politics of the day prevailing in country. It is generally assumed that if political temperatures are down; businesses tend to flourish and the vice versa is also correct. In this particular case‚ it can be said that it is neutral and thus not expected to cause much rubble in the new companies operations. However‚ future political challenges cannot be ruled out. Nike being number one sportswear in the USA‚ its profits‚ turnovers‚ marketing sponsor
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objects into preconceived categories that are stored in our long term memory Mental modeling – internal representations of the external world; theories in use that people rely on to guide their perceptions and behaviors Factors Influencing Perception Factors that Influence Perception Social Identity Theory Social Identity Theory Social Identity Personal Identity People maintain a social identity by defining themselves in terms of the groups to which
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A) English essay about Nike For the past 10 years‚ companies have been busy focusing on social responsibility because the demand is high. Consumers are starting to think about the environment and working conditions in the factories. Consequently‚ companies now have to consider the conditions of the production‚ before Nike can have a good reputation. Consumers have never claimed as much as they do today from the producers of their product. However‚ Nike has restored humanity. It’s not okay‚ to buy
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“Health is a universal human aspiration and a basic human need. The development of society‚ rich or poor‚ can be judged by the quality of its population’s health‚ how fairly health is distributed across the social spectrum‚ and the degree of protection provided from disadvantage due to ill-health. Health equity is central to this premise. Strengthening health equity—globally and within countries—means going beyond contemporary concentration on the immediate causes of disease to the ‘causes of the
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1.0 Social and cultural factors affecting participation Sport and the Media Sport is represented on a widespread in forms of mass communication‚ particularly TV‚ newspapers and magazines. Sports that are covered by the media are always higher than those that are not. For instance male football is dominated by multimedia representation. Who doesn’t know who David Beckham is? However when it comes to female sport‚ it is hardly ever in the media’s light. Do you know who Faye White is? If you do
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Cultural factors affect waiting lines. For example‚ fast checkout lines (e.g.‚10 items or fewer) are uncommon in Japan. Why do you think so? When Krispy Kreme donuts entered the Japanese market‚ people were willing to wait in line for up to three hours to get donuts although another brand of donuts was available. I have tried these donuts and agree that they taste really good‚ however I would not wait in line for up to three hours for them. The Japanese on the other hand‚ enjoy standing
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