Business Environmental Audit Critically assess the strategic Direction of the Nike brand William Hanrahan (060953199) ACE1004 Introduction to Management Contents 1.0 Executive Summary 2.0 Introduction 3.0 Nike 3.1 History 3.2 The Market 3.3 Industry Analysis 3.4 Trouble Ahead for Nike? 3.5 Nike Advertising 3.6 Brands of Choice 3.7 Nikes other Brands 3.8 Targeting New Markets 3.9 Financial Performance 4.0 External Market Drivers 4.1 Political Drivers 4.2 Economic Drivers 4.3 Socio-Cultural
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Integrated Marketing Communication Plan Nike Running Shoes I. Background Nike Incorporated, the leading innovator in athletic apparel and accessories, traces its roots to the University of Oregon track and field team of the early 1950’s. The team’s coach was determined to give his athletes a competitive advantage by always finding the newest and most efficient gear, and began designing and producing sneakers with very limited resources. After twenty-one years of creative turmoil and a superficial
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Blue Ribbon Sports initially operated as a distributor for Japanese shoe maker Onitsuka Tiger (now ASICS), making most sales at track meets out of Knight's automobile. In a sense, Nike began as a component of Japanese interest in foreign markets. Within a decade of ending ties with Japanese shoemaker Onitsuka Tiger and beginning marketing for what is now known as Nike, Nike had attained a 50% market share in the U.S. athletic shoe market by 1980. This report will investigate Nike’s global business
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Bruce Lujan April 14, 2014 Comm 4377 Prof. Kennea Anderson CYBER SCANNING- NIKE The athletic apparel market is one of the largest and most profitable markets in the world and the main player in this market is of course Nike. Nike is currently the single biggest company when it comes to all things sports related. It is currently the world leader in athletic apparel and footwear manufacturing and enjoys a market value somewhere in the range of $20-30 billion; the brand alone is valued at $10
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The founders of Nike Inc. are Bill Bowerman and Phil Knight. They created a company called Blue Ribbon Sports, which is the original Nike Inc. and was founded in 1964 by both of them. Bowerman and Knight started their business out of their vehicles at local track meets and sporting events. Their first customers were athletes in the vicinity of the University of Oregon. The company Blue Ribbon Sports hired Carolyn Davidson who designed their swoosh logo in 1971 for only $35. In 1972, Blue Ribbon
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Strengths Nike has a strong global brand which everyone will know by its logo. The logo itself needs to be presented without the name and everyone will know what it is, that is how powerful the brand is. Some companies require their names to be present but in this case that is not true. This is garnered a long term customer loyalty base where the products are synonymous with high quality clothing and fitness trainers. The power of the brand is also evident in the fact that Nike has well known athletes
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International Business - Assessment One Research Report Executive Summary This report examines the global company Nike and how it progressed from a small American based company to one of the largest sporting footwear and apparel brands in the world. The entry mode into global business chosen by Nike of contract manufacturing has allowed the company to benefit on two particular fronts. Nike outsourced the manufacturing element of the business initially to China and later expanded to over 750 factories
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(i) Identify any THREE (3) unethical issues in your organisation. Nike (figure 1) is a very well-known company which produce quality shoe and athletic wear around the world. It is founded by an athlete named Philip Knight and his couch Bill Bowerman (Figure 2) in January 1964. Its slogan called ‘Just Do It’. The quality and standard of its products have been strongly recognised by people, even though Nike’s products are considered expensive, yet its performance makes it valuable. i. Inhumane
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Nike's grand strategy is Growth . The company feels the international marketplace (rather than the domestic) is where the majority of growth will be realized in the next five years. Product Differentiation is the product strategy that Nike has utilized and will continue to use as design creativity is one of Nike's core competencies. International Marketing Nike feels strongly that their biggest opportunities for growth lie in the countries on South Africa, India, Mexico, Peru, Chili, Bolivia, and
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Consumer Needs and Wants Cynthia Harris BUS350 Instructor Andrea Benjamin December 21, 2015 This year I have spent a lot of money. The money I make goes to rent, bills, gas, groceries, and any other expenses. The main stores I shopped at were Dollar Tree, Wal-Mart, and Aldi’s. I also spent way too much money at restaurants such as Mattito’s and Golden Corral. Also, I noticed I eat out more than I buy groceries, which showed why I didn’t have very many product purchases. There are many products
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