DISTRIBUTION 4.1. Yes‚ I think that Nike Inc. Is strategically located. 4.1.1. Distribution Channels 4. I would recommend Nike Inc. to use intensive distribution i.e. Nike inc. would sell to Wholesaler; who then sell to retailer in bulks‚ and the retailers would sell to consumers e.g. Nike Inc. would sell to Nike Factory (Wholesaler) -> Edgars/ Sports Scene (retailers) -> Consumers. 4.1.2. Marketing Intermediaries 5. There are various intermediaries that Nike Inc. uses but I think ‘Franchising’
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Nike‚ Inc. has traditionally been a brand suited for competitive athletes‚ with its origins rooted in selling athletic shoes‚ but eventually expanded to sell clothing and gear to athletes and non-athletes alike. Nike has adapted its advertisement campaigns to reach its eclectic audience by sponsoring globally renowned athletes such as Lance Armstrong. Despite the fact that cyclists are in the minority in society‚ the campaigns involving Lance Armstrong have been particularly persuasive‚ proving that
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on the requirement given‚ I have chosen Nike Inc. as the topic of the discussion. Nike Inc. is the world leading company merchant of athletic shoes‚ sportswear and sports gear based on United States. Bill Bowerman and Phil Knight established the company in the 1964 and during that time Nike Inc. was known as Blue Ribbon Sports. Furthermore‚ the organization has been experiencing phenomenal growth and rapidly expanding since then. Krentzman (n.d.) claimed ‘Nike sold $3.2 million worth of shoes in 1972
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Leadership is a process of social influence‚ which maximizes the efforts of others‚ towards the achievement of a goal. Phil Knight‚ co-founder and chairman of Nike‚ Inc. is the epitome of an innovative leader who revolutionized the sports industry. In the past‚ he has also served as the company’s chief executive officer. Nike‚ Inc. is one of the largest if not the largest suppliers of athletic shoes and apparel around the world. Although Phil Knight has never been a professional athlete‚ owner of
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Hackin’ the Sack. If you are a slow runner or can’t jump to save your life foot bag is the game for you. Foot bag‚ known today as hacky sack‚ was invented in 1972 by John Stalberger and Mike Marshall of Oregon City‚ Oregon. Recovering from knee surgery‚ John Stalberger decided he wanted to find a fun way to rehabilitate his knee. Mike Marshall is the one who actually created the first hacky sack. He created a hand-made bean bag and was kicking it around. During the time of John Stalberger’s recovery
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Justin Longenecker‚ J. P. (2011). Entrepreneur + Integrity - Living the Dream "One for One" (by Jessica Shambora). In J. P. Justin Longenecker‚ Small Business Management: Launching and Growing Entrepreneurial Ventures (p. 13). Cengage Learning. The entrepreneur Blake Mycoskie started to create TOMS shoes out of his drive to help kids in Argentina with foot disease caused by walking barefoot. The company’s mission being charitable to kids with no shoes has resulted to a successful collaboration with
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Advertisers often use famous people to sponsor their products. Gatorade doesn’t falls short in this category for marketing. Some of their ads included Tiger Woods‚ Peyton Manning‚ Serena Williams‚ and Michael Jordan to name a few. There are many reasons why advertisers chose to do ads on models‚ celebrities‚ and athletes. For instance‚ adolescents look at these celebrities as role models‚ or ways to live out their dreams. In the 1997 Gatorade ad featuring an all-time great Michael Jordan; he
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Nike‚ Inc.: Cost of Capital Case 15 Financial Administration FINC 5713-180 Team 1 Fall 2013. October 8‚ 2013. Introduction Kimi Ford a portfolio manager at NorthPoint Group which is a mutual-fund management firm‚ is considering to buy some shares from Nike‚ inc even if it’s share price had declined from the beginning of the year‚ for the Northpoint Large-cap fund she managed which invested mostly in Fortune 500 companies and it was doing well despite the decline
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Nike‚ Inc Cost of Capital NorthPoint Large Cap Fund was considering whether to buy Nike’s stock or not. Nike was experiencing declines in sales growth‚ declines in profits and market share. However‚ Nike decided it would increase exposure in mid-price footwear and apparel lines‚ and it also commits to cut down expenses. The market responded with mixed signals to Nike’s changes. Kimi Ford‚ the portfolio manager at NorthPoint‚ did a cash flow estimation‚ and ask her assistant‚ Joanna Cohen to estimate
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Nike Inc.: Cost of Capital The Weighted Average Cost of Capital (WACC) is the overall required rate of return on a firm as a whole. It is important to calculate a firm’s cost of capital in order to determine the feasibility of a particular investment for a firm. I do not agree with Joanna Cohen’s WACC calculation. She calculated value of equity‚ value of debt‚ cost of equity‚ and cost of debt all incorrectly. For value of equity‚ Joanna simply used the number stated on the balance sheet instead
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