Nike Strategic Analysis - 3456 Words

Introduction Every box of Nike shoes states, engineered and built to the exact specifications for championship athletes around the world. Nike has become the measuring stick in the world of merchandising and endorsing. Top athletes around the world are often seen with a famous Nike swoosh on their shoes. It is not uncommon to see some form of Nike product everywhere you look. It all begins with Phil Knight, a competitive runner, who incorporated Blue Ribbon Sports in Oregon in 1968. Blue Ribbon Sports was the first to receive the swoosh logo, but changed its name to Nike in 1978. Nike means the goddess of victory, which is exactly what the company has had since its creation. The swoosh logo is automatically associated with†¦show more content†¦- New Competitors: Nautica, Tommy Hilfiger - Fashions shoe brands: Vans and Skerchers Opportunities 1) New Technology for products development and production. 2) Emerging markets such as China and India, Mexico, and South Africa 3) New trends for products such as boots and sandals. 4) Global marketing events that can be utilized to support the brand such as the Soccer World Cup and The Olympics Games 5) Increase of the female consumer market. Threats 1) Buys and sells in different currencies and so costs and margins are not stable over long periods of time. 2) Fierce competition both domestically and internationally 3) Increased European competition and US competition. 4) The retail sector is becoming price competitive namely with Internet 5) Change in the young consumer to sandals and boots 6) High inflation and unemployment in Asia and Pacific Rim, Latin America, and Russia 7) Competition from ex-manufacturing which are becoming more developed (Taiwan, South Korea) 8) Import and export regulations. 9) Fluctuation of foreign currency and interest rate 10) Products have short-life cycles, and success depends on the fact that what is flashy and hot will sell External Factor Evaluation Matrix (EFE) Opportunities Weight Ratings Weighted Score New Technology for products development and production. 0.05 2 0.10 Emerging markets such as China andShow MoreRelatedStrategic Analysis of Nike1213 Words   |  5 PagesNike Case Analysis Nike is a worlds leading supplier of athletic shoes and apparel. The company was founded in 1964, when it was selling shoes to athletes. It grow rapidly through the 1970’s, and expanded its product lines to produce footwear in the categories of running, training, basketball, casual shoes, and kids shoes. As the bloom faded from the domestic athletic footwear market, the company entered active apparel market in 1978. Nike made a series of strategic decisions in 1970’s and earlyRead MoreStrategic Analysis Nike1619 Words   |  7 PagesSTRATEGIC MANAGEMENT ASSIGNMENT NIKE: Strategic Analysis SUBMITTED TO: AMIT SINHA SUBMITTED BY: Varun Bhatia 191181 FMG 19C Nike’s Global Business Strategy When first founded in 1962 under the name of Blue Ribbon Sports, the strategy was â€Å"to distribute low-cost, high-quality Japanese athletic shoes to American consumers in an attempt to break Germany’s domination of the domestic industry.† Today Nike offers athletic shoes at every marketable price point to a global market. Nike sustainsRead MoreStrategic Analysis of Nike8813 Words   |  36 Pages------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- STRATEGIC ANALYSIS OF ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Read MoreStrategic Management Analysis of Nike2527 Words   |  11 PagesNIKE _______________ IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR STRATEGIC MANAGEMENT _______________ BY: Castronuevo, Jan Clark Meer, Regginald Young, Johnedel Quintero, Arvin Dioneda, Jefrick September 18, 2009 Section 1 - Executive Summary Back before the Swoosh logo and long before the days we were called Nike, there was Blue Ribbon Sports (BRS). It was the company Phil Knight, our founder, and legendary track coach Bill Bowerman created in 1964 to provide athletes with better shoes.Read MoreStrategic Analysis of Nike Inc12147 Words   |  49 Pagesp.8 Company AnalysisÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…p.9 Industry AnalysisÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…......p.24 Top Competitor AnalysisÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â….p.25 Other External ForcesÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â….p.26 Key OpportunityÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…..Â….Â…p.27 Key ThreatÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…p.27 Major and Subordinate ProblemsÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â….Â…Â…p.28 Strategic MatchÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…...p.29 Primary Strategic Match PositionÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Read MoreStrategic Management Analysis of Nike2519 Words   |  11 PagesNIKE _______________ IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR STRATEGIC MANAGEMENT _______________ BY: Castronuevo, Jan Clark Meer, Regginald Young, Johnedel Quintero, Arvin Dioneda, Jefrick September 18, 2009 Section 1 - Executive Summary Back before the Swoosh logo and long before the days we were called Nike, there was Blue Ribbon Sports (BRS). It was the company Phil Knight, our founder, and legendary track coach Bill Bowerman created in 1964 to provide athletes withRead MoreStrategic/Operational Planning (Nike) Essay696 Words   |  3 Pages Nike: Strategic Operational Planning Albert Dwayne Johnson Jr. University of Phoenix Nike: Strategic Operational Planning: When people think Nike, the first thing that comes to mind is a swoosh. The iconic symbol of the clothing brand can be seen as a way of life in sports clothing, stylish clothing and pop culture. Nike is a highly successful company, with all competitors, like Addidas or Converse, constantly working toward being on the same plane as Nike. TheRead MoreEnvironmental Scan Paper1535 Words   |  7 Pagesthe internal and external variables of a company, the business managers would have to use a SWOT analysis to develop awareness to different of the company. For example, the company could want to measure consumer behavorior, competitor behavior, and current trends in their marketplace. Environmental Scan and SWOT Analysis The information discovered from conducting an environmental scan and SWOT Analysis is vital to an organization’s success as it will help businesses gain an accurate assessment ofRead MoreNike, Mission, Vision, Values, Principles Essay704 Words   |  3 PagesRunning head: NIKE, Inc. Mission, Vision, Principles 1 NIKE, Inc. Mission, Vision, Principles Ameirah Aldahmani MSM631 – Strategic Management and Financial Reports Analysis Regis University Saturday, September 04, 2010 Abstract This paper is a qualitative and quantitative analysis of NIKE, Inc., done as six separate sections. The six sections of the project are external environment analysis, S.W.O.T analysis, executive interview, strategic and tactical plans and controls, structure,Read MoreEnvironmental Scan Essays952 Words   |  4 PagesEnvironmental Scan Nanette Guffey MGT/ 498 – Strategic Management Richard Haines September 17th, 2012 Environmental scanning is an organization’s strategic management and is actual important to the corporation. Environmental scanning is getting-together data for the external and the internal of the company.

Islam As A Religion And Saudis - 1577 Words

As a Saudi Muslim, the two social identities I want to talk about are Islam as a religion and Saudis. Religion is an organized set of beliefs, cultural systems and worldviews relating humanity to an order of existence. Religion contains various laws and prohibitions that guide people in every-day life. Muslims who share the same religion see themselves having a communicative relationship with one another. Interpersonal communication and social relationships are two-way processes of exchanging ideas and sharing concerns in a Muslim environment. Saudis are the people of Saudi Arabia. The latter is an Arab country in Western Asia, bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain and the United Arab Emirates to†¦show more content†¦Men often wear Qamis when they want to go to the mosque. In terms of symbols, Islam prohibits to wear symbols, however, it does not prohibit having religious symbols at home, such as framed Suras (Verses) from the Quran (Islam’s holy book) hanged against the wall. Most of the practicing Muslims have framed Suras at their home. Nevertheless, Muslims do not hang pictures of their prophet (Muhammad) on their walls because it is seen as prohibited in their religion. In fact, any personification of any prophet is seen as prohibited. Muslims are good at interior architecture, as it seen as beautiful and glorious. Muslims are known for the unique and artistic style in interior design, which is influenced by the Gold Age of Islam when they were in Andalusia. Most of the Muslim interior design is inspired from the Arabic calligraphy and the Quran. In terms of sound, Islam has specific codes of behavior on the manner Muslims should speak and even sound. Though only a few Muslims in Saudi Arabia speak slowly, Islam advocates to speak slowly and softly, as it is a better and a likable way to communicate. Muslim Imams in Friday prayers’ encourage the sender not to scream while transmitting a message so that the receiver understands the message clearly and reply the same way. However, this aspect is not applied everywhere. The Muslim attitude is an abstract value in Islam. Muslims are usually compassionate about their religion and their prophet. Almost every aspect of life

Addiction and Genetics Free Essays

Alcohol abuse is one of the most research subjects. Many people, young and old, are addicted to it though they already know the negative effects of it. Some researchers try to prove that alcohol abuse is inherited. We will write a custom essay sample on Addiction and Genetics or any similar topic only for you Order Now To sum degree, alcohol abuse or alcoholism is adapted by an individual from his environment. What an individual observes daily may be inherited. It has great effects on our health and in our society. Many crimes and accidents happen because of drinking excessive alcohol. However, not all crimes are the result of alcohol intake but most likely, crimes happened because of excessive drinking of alcohol. True or false? In large amounts, alcohol is a depressant; in small amounts, it is a stimulant. False. Small doses of â€Å"spirits† may indeed, enliven a drinker, but they do so by slowing activity in brain centers that control judgment and inhibitions. Alcohol facilitates urges that the individual might otherwise resist by focusing attention on the immediate situation and away from future consequences (Steele Josephs, 2000). If provoked, people under alcohol’s influence respond more aggressively than usual. If asked to help, people under alcohol’s influence respond more helpfully than usual. In everyday life, alcohol disinhibits both harmful tendencies, as when sexually coercive college men try to disinhibit their dates by getting them to drink (Mosher Anderson, 1999), and helpful tendencies, as when restaurant patrons tip more when tipsy (M. Lynn, 1999). Thus, alcohol makes us more aggressive or helpful—or self-disclosing or sexually daring—when such tendencies are present. Whatever urges you feel when sober, you are more likely to act upon if intoxicated. Low doses of alcohol relax the drinker by slowing sympathetic nervous system activity. With larger doses, alcohol can become a staggering problem: Reactions slow, speech slurs, and skilled performance deteriorates. These physical effects, combined with the lowering of inhibitions, contribute to alcohol’s worst consequences—in America, the more than 100, 000 lives claimed annually in alcohol-related car accidents and violent crime (Lord, 2001). This paper scrutinizes the relation of alcohol abuse of an individual to genetic factor. II. Background A. Negative effects of Alcohol abuse Alcohol has an intriguing effect on memory. It impairs neither short-term recall for what just happened nor existing long-term memories. Rather, it disrupts the processing of recent experiences into long-term memories. Thus, the day after being intoxicated, heavy drinkers may not recall whom they met or what they said or did the night before. This memory blackout stems partly from an inability to transfer memories from the intoxicated to the sober state (Eich, 2000). Blackouts after drinking may also result from alcohol’s suppression of REM sleep. Alcohol has another intriguing effect on consciousness: It reduces self-awareness. Compared with people who feel good about themselves, those who want to suppress their awareness of failures or shortcomings are more likely to drink. The Nazi doctors who selected â€Å"unfit† inmates for the gas chambers often did so while drunk, or got drunk afterwards (Lifton, 1999). As with other psychoactive drugs, alcohol’s behavioral effects stem not only from its alteration of brain chemistry but also from the user’s expectations. Many studies have found than when people believe that alcohol affects social behavior in certain ways, and believe, rightly or wrongly, that they have been drinking alcohol; they will behave accordingly (Leigh, 2002). For example, alcohol per se has some effect on sexual arousal, by decreasing cognitive inhibitions (Crow George, 1999). But people become even more responsive to sexual stimuli if they believe alcohol promotes arousal and believe they have been drinking. From their view of research, Jay Hull and Charles Bond concluded (2001) that for some people alcohol serves â€Å"as an excuse to become sexually aroused.† Consider one such experiment by David Abrams and Terence Wilson. They gave Rutgers University men who volunteered for a study on â€Å"alcohol and sexual stimuli† either an alcoholic or a nonalcoholic drink. (Both drinks had a strong taste that masked any alcohol.) In each group, half the subjects thought they were drinking alcohol and half thought they were not. Regardless of what they drank, after being shown an erotic movie clip, the men who thought they had consumed alcohol were morel likely to report having strong sexual fantasies and feeling guilt-free. Thus, being able to attribute their sexual responses to alcohol released their inhibitions—whether they actually had drunk alcohol or not. This illustrates an important principle: A drug’s psychological effects are powerfully influenced by the user’s psychological state.    How to cite Addiction and Genetics, Papers

Paradigms and Perspectives in Organizational Project Management Resea

Questions: Understand the primary concepts and practices underpinning Project management. Be able to devise and implement a project management plan. Work effectively within a project team. Understand the contexts for project management and project planning in a localized and/or global context. Answers: Network diagram of the project Earliest Start Time(EST) The earliest start times of the activities have been provided in the following table: Task Name Duration Start Finish Predecessors Early Start Project starts 0 days Wed 2/17/16 Wed 2/17/16 Wed 2/17/16 A 27 wks Wed 2/17/16 Tue 8/23/16 1 Wed 2/17/16 B 24 wks Wed 2/17/16 Tue 8/2/16 1 Wed 2/17/16 C 21 wks Wed 2/17/16 Tue 7/12/16 1 Wed 2/17/16 D 21 wks Wed 8/24/16 Tue 1/17/17 2 Wed 8/24/16 E 22 wks Wed 8/3/16 Tue 1/3/17 3 Wed 8/3/16 F 22 wks Wed 7/13/16 Tue 12/13/16 4 Wed 7/13/16 G 22 wks Wed 12/14/16 Tue 5/16/17 7 Wed 12/14/16 H 22 wks Wed 5/17/17 Tue 10/17/17 8,6 Wed 5/17/17 J 23 wks Wed 10/18/17 Tue 3/27/18 9 Wed 10/18/17 K 23 wks Wed 3/28/18 Tue 9/4/18 10,5 Wed 3/28/18 Project ends 0 days Tue 9/4/18 Tue 9/4/18 11 Tue 9/4/18 Latest Finish Time (LFT) The latest finish times of the activities have been provided in the following table: Task Name Duration Start Finish Predecessors Early Finish Project starts 0 days Wed 2/17/16 Wed 2/17/16 Wed 2/17/16 A 27 wks Wed 2/17/16 Tue 8/23/16 1 Tue 8/23/16 B 24 wks Wed 2/17/16 Tue 8/2/16 1 Tue 8/2/16 C 21 wks Wed 2/17/16 Tue 7/12/16 1 Tue 7/12/16 D 21 wks Wed 8/24/16 Tue 1/17/17 2 Tue 1/17/17 E 22 wks Wed 8/3/16 Tue 1/3/17 3 Tue 1/3/17 F 22 wks Wed 7/13/16 Tue 12/13/16 4 Tue 12/13/16 G 22 wks Wed 12/14/16 Tue 5/16/17 7 Tue 5/16/17 H 22 wks Wed 5/17/17 Tue 10/17/17 8,6 Tue 10/17/17 J 23 wks Wed 10/18/17 Tue 3/27/18 9 Tue 3/27/18 K 23 wks Wed 3/28/18 Tue 9/4/18 10,5 Tue 9/4/18 Project ends 0 days Tue 9/4/18 Tue 9/4/18 11 Tue 9/4/18 Total Float on each activities D F The total float of an activity can be defined as the duration by which the activity can be delayed from its early start date, such that the finish date of the project remains unaltered (Martinsuo 2013). The project schedule indicates that total float for activity D is 62 weeks. However there does not exist any float time for activity F. Critical Path for the project The critical path of a project depicts that particular sequence of activities which add up to form the longest project duration (Holzmann 2013). The network diagram of the project has been provided in figure 1: the path comprising of red arrowheads indicates the critical path of the project. Figure 1: The network diagram (Source: Designed in MS Project) B. Increase in the duration of activity F Assumption: The date of completion of the project cannot be postponed. Initially it was assumed that activity F would require 22 weeks to complete. The schedule based, on this assumption indicated that the project would be completed within 665 days. Figure 2: The Gantt chart (Source: Designed in MS Project) However, activity F was delayed by a total time period of 8 weeks, and the new schedule that was developed while considering this delay indicated that project would now require 705 days to complete. Figure 3: The Gantt chart of the project depicting the revised schedule (Source: Designed in MS Project) Such being the situation, in order to the complete the task without postponing the date of completion, the project manager would have to increase the number of resources allocated to the various activities of the project (Chia 2013). Increasing the number of resources associated with the project would help in completing the activities within mush shorter period of time: this, in turn, would result in the completion of the project within the pre-assigned timeline (Heldman 2013). Process types used in operations within the volume-variety continuum Operation processes can be classified along a volume-variety continuum, as depicted in the following figure: Figure 4: Process types used in operations within the volume-variety continuum (Source: Foropon and McLachlin 2013 ) Manufacturing processes like that of Repetitive, Assembly Line, or Mass- Production systems and continuous flow system are used for generation of products in volumes (Galindo and Batta 2013). Standard service systems are designed to achieve the same. On the other hand, Job-Shop Production Systems and project systems are utilized in the development of small products having a variety of characteristics (Gunasekaran and Ngai 2012). Customized services are provided to the clients with the very same objective. Process types used in operations The processes used in operations are of the following types: Projects: These processes result in the formation of a single output. As for example, all the processes associated with the construction of a building should be considered as a project (Krajewski, Ritzman and Malhotra 2013). Job shops: Operational processes that are associated with the production of small batches of a same or similar product are considered as batch shop processes. As for example, the process of baking cakes, as conducted in the bakery should be considered as a job shop. Batch shops: Batch shop processes are characterized by the production of small batches of similar products at specific intervals (Peng and Lai 2012). As for example, a bakery producing several types of cakes utilizes batch shop processes in its operation. One of the distinguishing characteristics of batch shop process is that all of the products that are produced through such processes experience the same process flow. Flow lines: Operational processes that require independent work stations capable of producing same or similar products are considered as flow line processes (Slack 2015). Assembly lines: These processes are used to develop discrete parts of a single product: the line itself transports the raw materials to the resources who are expected to complete their tasks before the line moves ahead (Slack, Brandon-Jones and Johnston 2013). Assembly lines are implemented in facilities that manufacture products of large size, like that of in automobile factories. Continuous flow processes: Operational processes that operate continuously without any break are considered as Continuous flow processes. Such processes are generally found in facilities that generate electricity, in chemical refineries and in refineries (Peng and Lai 2012). C. Identification of process types Diesel: Continuous flow processes . Boeing Jet Engine: Assembly lines (Krajewski, Ritzman and Malhotra 2013). Initial creation of the "Gone with the Wind" movie: Projects . Michael Jackson Thriller CDs Production: Batch shops (Foropon and McLachlin 2013) Mercedes Benz E200: Assembly lines. References Chia, R., 2013. Paradigms and Perspectives in Organizational Project Management Research: implications for knowledge creation.Novel Approaches to Organizational Project Management Research: Translational and Transformational. Copenhagen Business School Press, Copenhagen, pp.33-55. Foropon, C. and McLachlin, R., 2013. Metaphors in operations management theory building.International Journal of Operations Production Management,33(2), pp.181-196. Galindo, G. and Batta, R., 2013. Review of recent developments in OR/MS research in disaster operations management.European Journal of Operational Research,230(2), pp.201-211. Gunasekaran, A. and Ngai, E.W., 2012. The future of operations management: an outlook and analysis.International Journal of Production Economics,135(2), pp.687-701. Heldman, K., 2013.PMP: project management professional exam study guide. John Wiley Sons. Holzmann, V., 2013. A meta-analysis of brokering knowledge in project management.International Journal of Project Management,31(1), pp.2-13. Krajewski, L.J., Ritzman, L.P. and Malhotra, M.K., 2013.Operations management: processes and supply chains. Pearson. Martinsuo, M., 2013. Project portfolio management in practice and in context.International Journal of Project Management,31(6), pp.794-803. Peng, D.X. and Lai, F., 2012. Using partial least squares in operations management research: A practical guideline and summary of past research.Journal of Operations Management,30(6), pp.467-480. Slack, N., 2015.Operations strategy. John Wiley Sons, Ltd. Slack, N., Brandon-Jones, A. and Johnston, R., 2013. Operations management. Subramanian, N. and Ramanathan, R., 2012. A review of applications of Analytic Hierarchy Process in operations management.International Journal of Production Economics,138(2), pp.215-241. Bibliography Olson, D., 2014.Information systems project management. Business Expert Press. Svejvig, P. and Andersen, P., 2015. Rethinking project management: A structured literature review with a critical look at the brave new world.International Journal of Project Management,33(2), pp.278-290. Too, E.G. and Weaver, P., 2014. The management of project management: A conceptual framework for project governance.International Journal of Project Management,32(8), pp.1382-1394. Turner, J.R., 2014.The handbook of project-based management(Vol. 92). McGraw-hill.