NIKE Please title SLP 1 Please include works cited Nike 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...
NIKE Please title SLP 1 Please include works cited Nike 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. From the financial standpoint, Nike -- like the large majority of the other economic agents -- has been impacted by the economic crisis.
Some examples in this sense include the following: 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 could be looked at but if you are using an unconventional organization, you may have to get a little creative here.
As the figures above have indicated, the organization is in a relatively stable financial state, supported by sustained increases in its financial results. Still, in order to better review this, it is useful to present some ratio analysis for the firm.
In this order of ideas: The sales of the company have increased by 18.4 per cent, comparative to the average growth of the industry sales of 18.8 per cent The net income has increased by 2.6 per cent, comparative to an industry average of 7.1 per cent The five-year average growth in sales has been of 6.88 per cent, compared to a 12.12 per cent increase of the industry average The increase in net dividends over the past five years has been of 8.91 per cent, compared to an industry average of 12.69 (MSN Money, 2012).
Overall then, while relative to itself, the company appears stable, when compared to the industry averages, it appears to have an inferior financial health to the better companies in the industry. 4. To what extent is your organization's financial health affected by either fiscal or monetary policy (pick one)? Please give at least one specific example. The financial results of Nike Inc. are predominantly the.
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