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NIKE Please title SLP 1 Please include works cited
Nike Some examples in this sense include the following:
Identify and briefly describe the organization you are going to use. Why do you think it will be an interesting focus for your application of economic ideas?
Nike Inc. is a reputable organization and it is globally recognized as an emblem of the modern day life, style, as well as American symbolism. Nike is a popular trademark among the sports apparel and shoes buyers, of both genders, and of all ages. The Nike products are appreciated around the world for their high quality, but also for the trend and social statement they make.
From an economic standpoint, Nike Inc. is noteworthy to assess due to a wide array of features with increased relevance to the economic analysis. Some of these elements include the large size of the company, its access to resources, its highly debated outsourcing operations or its financial results, which did register some decreases, but continue to remain stable (MSN Money, 2012).
Pick two of the Big Ideas referred to in the Powerpoint presentation below. Discuss how they apply to your organization.
Think about the financial situation for your reference organization. If you're using an unconventional organization, you may have to get a little creative here.
An increase of the company's total liability from $4,665.3 million in 2010 to $5,155.0 million in 2011
Fluctuations in the market value and price of the Nike stock.
In spite of these shortages however, the company's overall financial position remains strong. Some evidence in this sense includes the following:
An increase in the total current assets from $10,959.2 millions in 2010 to $11,297.0 million in 2011
An increase of the total assets from $14,419.3 million in 2010 to $14,998.0 million in 2011
An increase in the revenues from $19,014.0 million in 2010 to $20.862,0 million in 2011
An increase in the net income from $1,906.7 million in 2010 to $2,133.0 million in 2011 (MSN Money, 2012).
3. Assess the overall financial health of your organization? What are good and bad signs, if any, in your assessment? Measures of financial health may include sales and/or profit increases or decreases, if employees are being hired or laid off, major new orders being placed or orders being cancelled. These are some but not all measures that…
2012, What is fiscal policy Investopedia, http://gynia.ro/index2.php last accessed on February 15, 2012
2012, Website of Nike Inc., http://www.nike.com/nikeos/p/nike/language_select / last accessed on February 15, 2012
2012, The official website of Nike and its partners, http://nikeinc.com / last accessed on February 15, 2012
Nike Women's Case Nike's Global Women's Fitness Business: Driving Strategic Integration Case Study Need for Organizational Change Business Case Kotter's 8 Step Model for Change Create Urgency Build the Change Team Create a Vision for the Change Communicate the Vision Remove Obstacles Create Short-Term Wins Build on the Change and Anchor the Changes in the Corporate Culture Other conditions for change. Need for Organizational Change It became evident to many executives at Nike that women had evolving needs that were not being met under
Nike Case Study Scenario which Sparked Change The scenario which sparked the need for change was the sheer success of Nike as a brand for athletic apparel, athletic shoes and equipment. However, this was a success that company experience only in terms of men and menswear. "According to Mindy Grossman, the company's former vice president of global apparel, 'some of the issues in the past was that there was a faction in
Customer Analysis The customers to which Nike will be marketing its new product are women who are interested in the skinny jeans look and also who are interested in being athletic. Not all women are athletes, but many of them are interested in looking fit and trim. Because they want to maintain a healthy weight and look nice for themselves and others, and because they wish to remain hip and trendy,
Nike: Financial Analysis The relevance of analyzing the financial stability and health of an entity cannot be overstated especially when it comes to the determination of the future performance of the concerned entity. This text undertakes an in-depth financial analysis of Nike, a well-known footwear, equipment, and apparel designer. In seeking to conduct an in-depth analysis of Nike, I will amongst other things describe the company and its operations in significant detail,
Therefore, it is important to use external sources of innovation. In addition to this, companies must take into consideration the fact that some of the best solution can be found in their external environment. The costs associated with the company's activity are significantly affected by its open innovation strategy (OPINET, 2010). This is because this strategy leads to reduced costs of the research and development process. By collaborating with other
Nike Financial Analysis Nike earned a net income of 2.133 billion in fiscal 2011 on revenues of $20.862 billion. A trend analysis of the income statement shows that net income grew 9.7% in FY 2011, whereas the net income grew by 11.8%. In the previous year (FY2010), Nike's revenue actually declined by 0.8%, while the net income increased by 28.2%. The performance over the past two years indicates that Nike has faced