Nike is the world's largest athletic brand. Its innovative and broad product line helps drive sales, however a large majority of those sales are in the footwear business. Most of Nike's goods are produced overseas in low-cost factories and then imported to the final market. Nike currently has many of the top U.S. athletes under contract (Michael Jordon, Tiger Woods, Dwayne Wade) but international sales are still small in emerging markets. However, many competitors have attempted to copy Nike's business model (high-value branded products manufactured at low-cost), including Adidas and Reebok, while many retailers have attempted to pass on the low-cost pressure of retail consumers. Perform a SWOT analysis for Nike.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q66: Provide an example of an organization that
Q84: What is SWOT analysis? List its four
Q92: Define core competencies.
Q126: Starbucks is one of the best known
Q127: With regard to the scheduling decision, how
Q129: Perform a SWOT analysis for Franz Colruyt,
Q130: How has Franz Colruyt achieved low-cost leadership?
Q131: What is the difference between goods and
Q132: For what type of organization might the
Q135: Are strategies static or dynamic?
What are
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents