...COMPANY OVERVIEW Owner(s): bill Bowerman and Phil Knight Company Name: Nike. Inc Product Name: Athletic footwear and apparel, sport equipments and other athletic and recreational products Location: Washington County, Oregon, United States (Near Beaverton, Oregon) History (yrs.): SECTION 1: EXECUTIVE SUMMARY is an American multinational corporation that is engaged in the design, development, manufacturing and worldwide marketing and sales of footwear, apparel, equipment, accessories and services. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area. It is one of the world's largest suppliers of athletic shoes and apparel[5] and a major manufacturer of sports equipment, with revenue in excess of US$24.1 billion in its fiscal year 2012 (ending May 31, 2012). Nike, Inc. (NYSE: NKE), headquartered in Beaverton, Oregon, is the largest and most successful brand of shoes, sports equipment, clothing, and controlling more than 60% of the market and becoming a pop culture icon.Athletic footwear and apparel, sport equipments and other athletic and recreational products. The company was founded on January 25, 1964, as Blue Ribbon Sports, by Bill Bowerman and Phil Knight,[1] and officially became Nike, Inc. on May 30, 1971Nike sponsors many high-profile athletes and sports teams around the world, with the highly recognized trademarks of "Just Do It" and the Swoosh logo.. Provide a detailed description of your company. Nike promotes its products...
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...Financial Analysis Week 6 Assignment 1. Elizabeth Bermudez Dr. Chee Piong ACC 556: Financial Accounting for Managers. 8-14-2015 Financial Analysis Week 6 Assignment 1. Introduction In this paper, we will be interpreting and analyzing a company’s health from an investor’s point of view using financial statements. For the purpose of decision making, two retailer companies featured in Fortune is the focus of this analysis. Fortune 100 best companies to work for ranks at 58 Recreational Equipment, INC., (REI) at (Fortune, 2015 Fortune 100 Best Companies to Work For®, 2015). Fortune 500 ranks 393 Dick’s Sporting Goods, INC. (Dick’s), (Fortune, Fortune 500, 2015) Decision making from an investor or leadership role explores reliable sources such as Fortune. Investment decision based on business practice influenced by business regulations are the investor's goal. Financial tools of ratios analysis used to determine profitability, liquidity, and solvency are used to evaluate performance. Ratio tools assist in the decision-making reasons for choosing to invest or not to do so. Annual Report Financial Statement The annual report introduces financial statement reports formatted for investor’s analysis. The main forms of interpretation include; Balance Sheet, Cash Flow, Income, Stockholders Equity or Member’s Equity. The Balance Sheet reports critical information of assets and liabilities to determine profitability, liquidity, and solvency. Specific tools used to analyze financial...
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...Wireless Technologies Proposal Team B BIS /220 09-25-2012 Victor Bagwell Since 1938 Recreational Equipment Inc. (REI) has been a worldwide leader in selling outdoor recreation gear, sporting goods, and clothes in 122 retail stores in 29 states, Recreational Equipment Inc. (REI) opens four to six new stores each year. REI's sales exceeded 1.8 billion in 2011. With four to six new stores opening each year and wireless technologies becoming the standard in the business industry, the team at REI is ready to move forward and maintain its position as one of the industry leaders in outdoor enthusiast gear sales. Proposal: As technology has progressed REI has fallen behind. Large retail companies have followed the wireless technology trend to stay ahead of the curve. REI’s goal is to increase sales, improve inventory management, and customer service through an increased use of technology. Studies have shown that if needs are not met quickly, one in ten customers will abandon a line while waiting. This might cause the customer to leave the store, making them less likely to return in the future. Mobile point of sales (POS) systems can be integrated, using handheld computers, scanners, and printers with integrated credit card readers. During the holidays and high volume periods, sales personnel can be strategically placed throughout the store with these mobile devices. The whole transaction can be completed for customers paying by credit card with receipt printed or emailed...
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...NIKE, Inc. (NIKE), incorporated on September 8, 1969, is engaged in design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. NIKE is a seller of athletic footwear and athletic apparel across the world. The Company sells its products to retail accounts, through NIKE owned retail stores and internet websites and through distributors and licensees across the world. The Company focus its NIKE Brand product offerings in eight categories: Running, Basketball, Football (Soccer), Men’s Training, Women’s Training, Action Sports, Sportswear and Golf. Basketball includes its Brand Jordan product offerings and Men's Training includes its baseball and United States football product offerings. The Company also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking and outdoor activities. The Company operates in North America, Western Europe, Central & Eastern Europe, Greater China, Japan and Emerging Markets. NIKE’s athletic footwear products are designed for athletic use, although the products are worn for casual or leisure purposes. The Company markets footwear, apparel and accessories in collections of similar use. The Company sells equipment under the NIKE Brand name, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, golf clubs, and other equipment designed for sports activities...
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..."NIKE, Inc. (NIKE), incorporated on September 8, 1969, is engaged in design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. NIKE is a seller of athletic footwear and athletic apparel across the world. The Company sells its products to retail accounts, through NIKE owned retail stores and internet websites and through distributors and licensees across the world. The Company focus its NIKE Brand product offerings in eight categories: Running, Basketball, Football (Soccer), Men’s Training, Women’s Training, Action Sports, Sportswear and Golf. Basketball includes its Brand Jordan product offerings and Men's Training includes its baseball and United States football product offerings. The Company also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking and outdoor activities. The Company operates in North America, Western Europe, Central & Eastern Europe, Greater China, Japan and Emerging Markets. NIKE’s athletic footwear products are designed for athletic use, although the products are worn for casual or leisure purposes. The Company markets footwear, apparel and accessories in collections of similar use. The Company sells equipment under the NIKE Brand name, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, golf clubs, and other equipment designed for sports activities...
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...Scenerio - Prince Sports, Inc. Southern New Hampshire University Prince Sports is an inventive sports equipment retailer that offers many different tennis products. Their tennis products alone consist of numerous types of racquets, tennis strings and footwear models, as well as bags and apparel. The company focuses on persistence to meet the needs of all age levels of players and to innovate. There are numerous methods of marketing to diverse demographics and cultures with many different variables contributing to the increase or decrease in resulting sales. The era brings with it many changes to marketing strategies for businesses. Demographic shifts and cultural changes have led to a higher health awareness, which spurs extensive interest in many different sports, one of which is tennis. For Prince, social and technological avenues have created new channels for marketing such as social media, online advertisments, and e-commerce. Outlets such as social media with devices like smartphones, tablets and other portable computers have led to a higher connection among users, which contributes greatly to word-of-mouth marketing. Accessible peer-to-peer connections can also add to the spread of negative reviews, or competition from other tennis equipment retailers through rival sales or promotions. There are also many economic trends that are working against Prince. The recession left many people with limited disposable income, so buying specialty equipment became difficult. ...
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...information and content, including Bing, MSN, adCenter, and Atlas online tools for advertisers. Its Microsoft Business division offers Microsoft office, Microsoft Exchange, Microsoft SharePoint, Microsoft Lync, Microsoft Office project and office Visio, and Microsoft Dynamics ERP and CRM, as well as Microsoft Office Web Apps and Microsoft Office 365, which are online service offerings. The company’s Entertainment and Devices Division segment provides Xbox 360 entertainment platform, which includes the Xbox 360 gaming and entertainment console, Kinect for Xbox 360, Xbox 360 video games, and Xbox 360 accessories; Xbox LIVE; Skype; and Windows Phone. Microsoft Corporation markets and distributes its products and services primarily through original equipment manufacturers, distributors, and resellers, as well as through online. The company has strategic alliances with Nokia, and NIIT Ltd., as well as a strategic...
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...FLIP FACTORY INC. Birgitte Grøgaard wrote this case solely to provide material for class discussion. The author does not intend to illustrate either effective or ineffective handling of a managerial situation. The author may have disguised certain names and other identifying information to protect confidentiality. This publication may not be transmitted, photocopied, digitized or otherwise reproduced in any form or by any means without the permission of the copyright holder. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Ivey Business School, Western University, London, Ontario, Canada, N6G 0N1; (t) 519.661.3208; (e) cases@ivey.ca; www.iveycases.com. Copyright © 2015, Richard Ivey School of Business Foundation Version: 2016-04-26 In June 2014, Darlene Traviss, owner and chief executive officer of Flip Factory Inc. (Flip Factory), stood in her fitness centre in a flurry of activity and excitement. Toddlers, youths, teens, and adults participated in a multitude of gymnastics-based activities throughout the 10,000-square-foot facility. Three years had passed since Traviss relocated Flip Factory from an inner city church hall to an industrial park in northeast Calgary. The business had evolved from a one-woman show with a few seasonal part-time staff to a team of more than 20 highly skilled and specialized coaches from...
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...REI- Recreational Equipment INC. A Company that Rules Social Media and the Internet. Taryn Joyner 19 February 2016 Capella University MBA6044 Professor Leinaweaver Introduction to REI A. REI stands for Recreational Equipment, INC and was founded by Lloyd Anderson in 1936. REI is a national outdoor specialty retailer and the Nation’s largest consumer co-op with 5.5 million active members in addition to its own line of Apparel. REI offers products from many anyone may join or shop at REI, members pay a one-time $20.00 membership fee, receive voting privileges to elect REI’s board of directors and share in the co-op’s profits through an annual member refund based on their purchases. REI has recognized by Fortune magazine as one of “100 Best Companies to work for in America” for 18 Consecutive years. (2015) REI is headquartered outside Seattle in Kent, Washington. REI recognized as a leading multi- channel retailer with 143 stores in 35 states; telephone and mail order operations; two online stores- REI.com and REI.com/outlet and an adventure company, REI Adventures. B. This paper will discuss REI’s current use of Social Media and Internet use. Analyze the implications of the Internet and Social Media for the future use of business and identifying the (SWOT) or Strengths, weakness, opportunities, and threats. Evaluate ethical questions on Internet and Social Media...
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...Prince Sporting Inc is a racquet sports company. Their company portfolio of brands includes, Prince which covers tennis, squash, and badminton. Ektelon which covers racquetball, and Viking which covers platform and paddle tennis-related items. Prince's tennis line of product has 150 racquet models, 50 tennis strings and over 50 footwear models. Prince also has countless types of bags, apparel and other accessories. Prince has had success in the 21st century thanks to social media sites like Twitter and Facebook, and internationally, sites like Hi5, Bebo and Orkut. With new technology, they have been able to create a synthetic gut for strings, natural foot shaped tennis shoe, long and oversized bodied racquets. A bad economy work against the success of Prince sports has it gives customers a limited budget. Competitors also work against Prince sports as it give consumers other options and they may be a cheaper alternative. To aid in growth of the tennis industry, Prince Sports, could hold city tournaments. They could sponsor or donated tennis rackets to a local recreational program to promote playing tennis. They could host junior tournaments, and sponsor a school tennis program.. They also could promote tennis and tennis-related products via web advertisements and make a presences in social media To gain distribution and sales, Prince Sports could focus on circulars which include ads in a Wal-Mart paper and Target paper. They could set up point-of-purchase displays...
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...· REI? Recreational Equipment Inc. is a consumers“ cooperative specializing in the sale of sporting goods and outdoor equipment. 1. What is a data warehouse and why is REI building one? · A data warehouse is a process for storing and analyzing data. · This system allows organization to collect large amounts of data from its many different parts. · This data can then be converted to information used to help satisfy customer needs and wants. 2. What are some of the disadvantages of consumer cooperatives compared to ‘traditional’ firms? · Members rarely benefit from company’s financial success. · All member are allowed to help manage the company. · Ultimately, Coops aren’t as profitable as traditional firms. 3. Describe some of the marketing strategies that REI’s data warehouse will allow it to use. Would these have been possible before the data warehouse was built? · After buying a certain product (such as a snowboard), REI can then send emails or advertisements pertaining to that particular product to the customer (snowboard accessories, snowboard places nearby, etc.) · When searching for products on REI’s website, the data warehouse is able to analyze what items are viewed and send advertisements to the person viewing the items regarding discounts or events about those items. · When REI holds events for certain sports, equipment, or products, REI uses the list of attendees to send them advertisment surrounding the event. 4. What are some of the risks or concerns...
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...will forget that they are actually diving. Safety features built into the rebreather eliminates the risk of nitrogen narcosis when operated within recreational limits. This frees individuals to enjoy the diving experience, which was unheard of before the invention of the rebreather. By controlling and maintaining the partial pressure of the gasses, one breathes at depth, thus restricting the nitrogen loaded into his or her system. After the dive, the circulatory system is cleaner than when the diver entered the water. The air all humans breathe contains 21% oxygen, 79% nitrogen, and slight trace gases. Circulatory systems maintain these averages. However, when using a rebreather, it changes these parameters to 45% oxygen and 55% nitrogen at a prescribed depth. Imagine the consequences; divers will no longer have a "NO-FLY" restriction after diving, so the long- anticipated diving vacation can be enjoyed right up to the time the flight leaves. The only thing that stands between them and experiencing the Closed Circuit Rebreather diving vacation is training. Closed Circuit Rebreather Closed circuit rebreathers will revolutionize the dive industry. Individuals will experience a longer, more comfortable diving experience, with safety features that can eliminate nitrogen narcosis when diving within recreational limits. Before the invention of the rebreather, all divers experienced nitrogen narcosis in some form. The latest evolution to be introduced...
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...FOSSIL INC. FINANCIAL STATEMENT ANALYSIS PART 1 10/16/2011 Table of Contents6 Introduction 1 Chosen Policies and Quality of Numbers 1 Part 1: Overview of Balance Sheet 1 1.1 Major types of assets and unusual amounts of components 1 1.2 Major types of liabilities and unusual amounts of components 2 1.3 Major types of Equities and unusual amounts of components 2 Part 2: Overview of the Income Statement 3 2.1 Major sources of revenues, expenses, gains and losses 3 2.2 Unique Items for Income Statement for recreational goods 3 2.3 Unusual amounts changes in the Income Statement 3 Part 3: Overview of Statement of Cash Flow 4 3.1 Analysis for operating cash flows 4 3.2 Analysis for investing cash flows 4 3.3 Analysis for financing cash flows 4 3.4 Direct method of statement of cash flow 5 3.5 Noncash investing and financing activities 6 Part 4: Discussion of CPA’s audit report 6 4.1 Auditor 6 4.2 Type of Audit opinion 6 4.3 Meaning of the Audit Report 7 Part 5: Revenue Recognition and Matching Principles 7 5.1 Types of Revenue Transactions 7 5.2 Revenue Recognition 7 5.3 Concentration of Revenues of Receivables 8 Part 6: Ratio analysis 8 6.1 required Ratios 8 6.2 Ratio analysis 9 Summary 10 Introduction Fossil is a Delaware corporation formed in 1991 which succeeded to a Texas corporation formed in 1984. Fossil specializes in consumer fashion accessories and offers an extensive line...
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...themselves when a person dies, you must think of careless disrespectful individuals. When it comes to the city of Batesville, Indiana those are not the thoughts at Hillenbrand Incorporated. Rather, “to help families honor the lives of those they love.” (Hillenbrand Inc.) Hillenbrand Incorporated was a holding company for 2 major businesses, Batesville Casket Company and Hill-Rom Company for over a century. To this day they operate Batesville Casket Company and K-Tron and are publicly traded on the New York stock exchange as HI. Batesville Casket Company was founded in 1906 when the Hillenbrand family rescued Batesville Coffin Company from bankruptcy. They are the leader in death care products in North America specializing in burial caskets, cremation caskets, containers and urns, and funeral home displays. They provide superior funeral products and services to help grieving families during a most difficult time in their lives. (Hillenbrand Inc.) K-Tron is Hillenbrand’s newest acquisition since separating Hill-Rom in 2008. K-Tron serves the bulk solids material handling markets, which focuses on feeding and pneumatic conveying systems and screening equipment. K-Tron designs, produces, markets, and services their equipment. (K-Tron) Hillenbrand Incorporated employs 3,200 of the 6,500 people in the city of Batesville, Indiana. Hillenbrand has a commitment to corporate governance. The board of governance consists of 12 individuals including the CEO of the company, Kenneth A. Camp....
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...Prisoners Rights When an individual commits a crime the legal system prosecutes the criminal and ultimately incarcerates him. These days the punishments for criminals aren’t the same as it was in the 1800s. These days’ criminals seem to have a walk in the park when it comes to serving time in jail. They have a roof over their head which is a lot compared to a lot of homeless people living on the streets and they get three meals a day while people are starving day to day. The very foundation of such a sequence of events is meant to degrade the offender and remove any social rights he had while on the outside (Waks, 2013). For example, prisoners have this vague notion that they are entitled to any basic rights while in prison. This concept has outraged law-abiding, upstanding citizens for decades. Prisoners are sent to prison or jail because they committed a crime, something that was considered unacceptable and wrong in society (Waks, 2013). Therefore, they are sent to prison or jail to pay for what they did, to be punished. However, a lot of these prisons and jails that they are being sent to are made to be too comfortable and too accommodating. Prisoners are being entertained rather than being reformed. They are entitled to the hypocrisy of programs such as arts & crafts, music, television, occasional live performances, and leisure sports. Along with these activities prisoners are entitled to programs such as education and trade instruction. The reason many citizens are so...
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