KNOWLEDGE ACQUIRED BY NIKE OVER THE YEARS STRATEGIC KNOWLEDE * Knowledge of their customers * Marketing * Design and Development of new products * Their Supply Chain Customers and customer knowledge When Phil Knight and Bill Bowerman formed the company, its products were targeted at the narrow market sector of serious, competitive athletes. Of course, most serious athletes are young men and women, so that Nike’s main customers were in their late teens and early 20s. The targeting
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and do so with great rigor, consistency and discipline; applying the traditional four functions of management does this and they are planning, organizing, leading, and controlling. This paper will evaluate the organizing function of management at the Nike Company and show how it relates to human resources and Technology; this paper will also discuss whether or not it has optimized these resources for effectiveness and efficiency with justification. Organizing Function of Management In the
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Consumer Behavior Social Power Social Power There have been various studies conducted on the influences groups and individuals can have on someone. This ability, by groups or individuals, to alter the actions of others is called Social Power. As it relates to consumer behavior, the influence associated with social power can have a huge impact on the types of products consumer purchase, the activities completed, and the attributes expressed by the consumer. There are 5
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Nike Inc. Nike’s Unethical Business Practices Nike’s Unethical Business Practices Love those Nike shoes your wearing? Have you ever thought how they were made, who made them, and at what price they were made at? I bet you probably don’t. I bet that you see those Nike shoes at the store, and think to yourself, “oh I like those shoes, I have to have them,” and then buy them. What you don’t know is that those pair of shoes you just bought were probably made in a third world factory by employees
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organic growth opportunities, it is definitely in the mature growth stage. To counter this, Nike has increasingly turned to acquiring brands both for inorganic growth, and to allow the company to compete on different levels in the industry. Through this type of brand portfolio use, Nike is able to sell in discount retailers, increasing growth and ultimately revenues without fear of discounting the core Nike brand. The company’s track record is generally favourable with its acquisitions, with
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Jogging forward in China The only problems in the quarter for Nike were Western Europe and Greater China. Weakness in Europe is expected due to the economic situation in that region. China, however, is a concern for Nike. Inventories in China have increased and the company was forced to discount its products. Nike expects sales in China to be down in the next quarter. The good thing about Nike is that it's quick to make adjustments in the marketplace. The company has been working to reduce its
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1. The Adidas Group strives to be global leader in the sporting goods industry with brands built on a passion for sports and a sporting lifestyle. * Market * This mission component clarify that AG compete with other competitors such as Nike, Under Armour (UA), Callaway Golf (ELY), and the Armani Group. 2. We are committed to continuously strengthening our brands and products to improve our competitive position. * Products or services * In this component of mission statement
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shoemaker and that captures more than 20% of Us athletic market. Originaly the name was given by Phil was “Blue Ribbon Sports”. With an agreement and handshake in 1964 they began importing Japanese brand Onituka Tiger running shoes. Sells from Nike product Footwear: Running Basketball Soccer Sport-inspired urban shoes Children’s shoes Cricket Performance Equipment: Bags Socks Sport balls Eyewear Timepieces Electronic Devices Bats Gloves Protective
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Nike Case Study Nike roots trace themselves back to the 1950s with University of Oregon field coach Bill Bowerman. Bowerman was always trying to find a competitive advantage for his track runners and had the idea of a lighter show. He would late team up with recent graduate Phil Knight and create the first Nike shoe, “the Swoosh”, which debuted in 1972. Through the years, Nike would continue to create innovative sports apparel, expand into new markets, and challenge the way people look at athletics
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Company Overview Our companies name is Nike. The company helps athletes to use their full potential by offering a variety of sporting goods. Nike was founded by Bill Bowerman in 1972 and offers sporting equipment, clothes, and personal care items for all ages and genders. Nikes mission statement is: To bring inspiration and innovation to every athlete in the world. Nike serves more than 160 countries on the globe, and is located in six continents. Nike is seen in every sport, their core competencies
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