we used market value based on the share price of Nike on July 5‚ 2001and number of shares outstanding‚ which resulted in the weights of debt and equity of 10.2% and 89.8% respectively (see Exhibit 2). Cost of Debt: Cost of debt was calculated by Ms. Cohen by finding the historical interest rate of 2.7% and tax rate of 38%. We agree with her estimation of the tax rate of 38%‚ but calculated a cost of debt of 7.17% based on the market price of Nike bonds and finding their yield to maturity (see Exhibit
Premium Stock Weighted average cost of capital Financial markets
Howard V. Perlmutter (1985)‚ "Strategic Planning for a Global Business‚" Columbia Journal of World Business‚ 20 (2)‚ 3-10. DeTienne‚ Kristen and Lee Lewis (2005)‚ "The Pragmatic and Ethical Barriers to Corporate Social Responsibility Disclosure: The Nike Case‚" Journal of Business Ethics‚ 60 (4)‚ 359-376. Devlin‚ Godfrey and Mark Bleackley (1988)‚ "Strategic Alliances--Guidelines for Success‚" Long Range Planning‚ 21 (5)‚ 18-23. Dussauge‚ Pierre and Bernard Garrette (1999)‚ Cooperative Strategy: Competing
Premium Harvard Business School Strategic management Case study
find out the mission‚ vision and value statements of some organizations from different industries. In this assignment I will also try to find out whether these firms put emphasize on quality in their vision and mission statement. This report looked into the mission‚ vision and value statements of McDonald’s‚ Bank of America‚ Rangs Group‚ BRAC University and IBA‚ University of Dhaka. Mission statement A mission statement defines the organization’s purpose and primary objective. Its function is internal;
Free Strategic planning Statements Business ethics
Nike Case Questions 1. In the United States‚ what is Nike’s: a) Brand image‚ and b) sources of brand equity? a) In the United States‚ Nike’s brand image is built on being a high-performance‚ innovative and aggressive brand. The company associates the brand with top athletes through sponsorships. Since inception‚ Nike has placed performance as a top priority for the brand. Through designing high performance shoes and apparel‚ as well as sponsoring high-profile athletes and teams the brand
Premium Nike, Inc. Tiger Woods Advertising
NIKE Executive Summary by Lawrence Gimeno Recommendations: Make it count My first recommendation is directed at Nike’s push into digital sports. In my opinion the new accelerometer based Nike+ technology is the birth of a whole new generation of Nike products and an amazing innovation to motivate people to include sports into their everyday life. Nike has attained a leading role in almost every one of the upcoming world wide sporting events‚ such as the 2012 Olympics‚ the 2012 Soccer Euro Cup
Premium Athletic shoe Nike, Inc.
clear‚ distinct vision and being able to set goals to achieve this vision are two of the most significant attributes a leader can possess. A leader must first determine who their vision might apply to‚ whether it be a particular group of people or the entire organization as a whole. Often‚ in lower management‚ a leader might need to organize a vision and goals for a small group of direct report‚ as opposed to a larger overall company vision. One of the most difficult parts of a vision is being able
Premium Management
Doyun Yu 4 - 70 Castlebury Crescent North York‚ON‚ M2H 1W8 (647)859-0254 doyunyu@gmail.com December 20th‚ 2012 Elyse Brown General Mills‚ Inc. 5825 Explorer Drive Mississauga‚ ON‚ L4W 5P6 Dear Mrs. Brown‚ I was excited to learn about the Financial Analyst position opening at General Mills. I wanted to learn more about General Mills and decided to converse further with Mishela Salem‚ the information I received‚ reassured me that I am a great fit with the company’s goals and
Premium Financial services Psychology Proactive
Vision (orginal avail in website) LG Electronics continues to pursue its 21st century vision of becoming a worldwide leader in digital—ensuring customer satisfaction through innovative products and superior service while aiming to rank among the world’s top three electronics‚ information‚ and telecommunications firms by 2010. Mission The mission of LG is to provide the customers with utmost satisfaction through leadership. The fundamental policy of development is to secure product leadership
Premium Innovation Autonomy Dignity
Introduction - Nike Nike is the company with one of the most recognised logos in the world – the “swoosh” logo. They are the worlds’ largest sports and fitness company and are a leader in sports equipment research and development earning an estimated US$14 billion in revenue. Nike anticipates the needs of the consumer and this innovation is what sets them apart from its competition. They have a desire to design products which will give definite technological benefits whilst enhancing an athletes’
Premium Pricing Marketing Product management
valuable resource for Nike. Cutting costs by employing workers at a reduced rate or paying less for plant operation allows Nike to invest the additional profits into other areas of the business such as advertising‚ thereby increasing the potential for company growth. In addition‚ decreased operational costs are more likely to attract and retain company investors because more money can go into increasing business profitability. Increases Competitiveness * Because Nike is able to more efficiently
Premium Nike, Inc. Athletic shoe Human rights