MANAGEMENT ASSIGNMENT NIKE: Strategic Analysis SUBMITTED TO: AMIT SINHA SUBMITTED BY: Varun Bhatia 191181 FMG 19C Nike’s Global Business Strategy When first founded in 1962 under the name of Blue Ribbon Sports‚ the strategy was “to distribute low-cost‚ high-quality Japanese athletic shoes to American consumers in an attempt to break Germany’s domination of the domestic industry.” Today Nike offers athletic shoes at every marketable price point to a global market. Nike sustains its leading
Premium Nike, Inc.
intended to deal with the situation and acts as a guideline (Mintzberg‚ 1987). This means that any act done purposefully and carefully to deal with a situation that may exist or may arise. Planning is something that many managers are happy with‚ and it ’s something that comes naturally to us (Mintzberg‚ 1987). As such‚ this is the default‚ automatic approach that we adopt – brainstorming options and planning how to deliver them (Manktelow‚ 2015). Planning is an essential part of the strategy formulation
Premium Strategic management Strategy Strategic planning
target potential markets external environments using PEST analysis model. Target potential customers and market Nike typically targets athletes‚ men and women generally from the ages 15-30. Their target market is people who are active and enjoy higher quality sporting goods and merchandises. NIKE targets all regions with their geographic expansion. Under its Golf brand‚ Nike sells golf balls‚ golf clubs and apparel for both men and women. Nike should continuously develop innovative and stylish golf
Premium Economics Recession Marketing
volume of trade‚ interaction and risk give what we now label as ’globalization ’ a peculiar force.( 1) With increased economic interconnection‚ some argue‚ multinational corporations. which rose the globalization of the ’brands ’ like Coca Cola‚ Nike and Sony. Anthony Giddens (1990: 64) has described globalization as ’the intensification of worldwide social relations which link distant localities in such a way that local happenings are shaped by events occurring many miles away and vice versa
Premium Economics World Bank International Monetary Fund
Bita Shalabi Mrs. Smith English III 13 October 2016 The Outsiders by S. E. Hinton Apseloff‚ Marilyn Fain. “Hinton‚ S.E..” World Book Advanced. World Book‚ 2016. Web. 12 Oct. 2016. The book The Outsiders is written by author S.E. Hinton. Susan Eloise Hinton is an american writer of novels for young adults. Hinton’s publisher suggested the book be published under her initials to make her name more neutral in gender. Hinton’s work is mostly about teens who are facing problems such as poverty
Premium S. E. Hinton The Outsiders Francis Ford Coppola
Political Analysis With the increased monitoring and enforcement of labour practices; Nike being in the public spotlight and subject to negative publicity on their subcontracted factories is forced to readjust the working conditions of their cross ocean factory workers to abide with proper regulations. This has caused Nike to modify their factory standards and employee working conditions by; limiting the maximum hours worked a week‚ implementing proper ventilation systems to filter out toxic fumes
Premium Public relations Public Factory
NIKE COMPANY ANALYSIS Word count: 2856 Table of Contents INTRODUCTION/ COMPANY BACKGROUND This report examines NIKE Inc. one of the leading sports brand in the world. It uses business analysis techniques such as SWOT‚ PESTEL‚ Porter’s five forces‚ and Ratio analysis to analyse the business environment and performance of this company. NIKE Inc. is one of the world’s biggest sporting brand based in Oregon USA. Founded in 1968‚ NIKE is the world’s biggest
Premium Financial ratio Financial ratios
recognition‚ because Bike has been around so long‚ the brand is recognized and respected both international and domestically. • Brand loyalty‚ Nike has consistently produced quality products that appeal t its consumers both internationally and domestically. • Nike carries a wide arrangement of product with a large amount of options for personal preference. • Nike carries a wide arrangement of product with a large amount of options for personal preference. • Strong international presence‚ in the event
Premium Brand Footwear Athletic shoe
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
Premium Nike, Inc. Athletic shoe
Product Levels: Core benefit Core benefit is the fundamental service or benefit that the consumer is really buying. Here‚ in washing machines‚ “Clean clothes” can be called the core benefit. Basic Product Basic product involves adding features‚ benefits to ensure that product offers a differential advantage from the other one’s product in the market. Basic product of any washing machine is the features that get the work of washing clothes done. Expected product Expected product is a set
Premium Good Marketing Laundry