Nike
Nike was founded 1964 but was known as blue ribbon sports however this was changed to Nike. Inc. in 1971. Nike was founded by Bill Bowerman and Phil Knight. Nike is a global business that operates in over 120 countries with a total of 62,600 employees worldwide. The continents North America, central America, Europe and Asia. Nike is the world’s largest supplier of athletic shoes and sports equipment. Nike sells items such as football boots, sports equipment, clothing, and shoes. Its competitors are Adidas, puma, Slazenger and reebok. Nike is in the private sector, meaning its aims to sell its products so it is able to turnover a profit.
Nike is a
A share in Nike is worth https: http//www.google.co.uk/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=how%20much%20is%20a%20share%20in%20nike [1]
Nike figures.
This shows Nike’s key figures for 2015. However, these figures change every year.
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Being a global business has its advantages and its disadvantages Advantages of being a global business
Increase revenue profits by increasing global market share.
Initiate cost reduction by being globally selective about resource supply chains and delivery.
Generate market share increase.
Job creation.
Create consumer value.
Ethical sustainability can be ensured by monitoring and regulating international labour forces.
Disadvantages of being a global business.
Economic troubles in some countries can impact weather Nike’s global business can meet its projections.
Stakeholders
Stakeholders are very important to any business, especially to a large business like Nike. Stakeholders are people that are effected by the outcome of the decisions, actions and the results of the business. The stakeholders