Saturday, May 16, 2020

Nike s Competitive Forces And Value Chain Models

DSS 525 Homework 2 Chapters 3 Due date and time: September 25th, 2017 at 11:00 pm Total Points (10X10=100) With reference to the Business Problem-Solving Case: Interactive Session: Technology: Nike becomes a technology company (Page 105-7) answer the questions 1-3. 1. Evaluate Nike using the competitive forces and value chain models. Nike has a distinguishment then other its competitors. It provides sport products for children in more than one field in sport. Also, Nike alway tries to develop its product which gives Nike a strong reputation. For this reason it is difficult for competitors excel Nike. The combination of products and services gave Nike a competitive edge over other competitors. Nike launched applications relate to its†¦show more content†¦Explain your answer. Nike is well-known leading Technology Company, which creates its products attractive and improves the user’s performance with advanced technology to support the sports superstars related with Nike. It also supports the technology, which is used in running shoes. Nike Air technology uses the â€Å"supergases† covered in urethane plastic to provide the greater quality for running shoes to reduce the stress and joint pain while running. Nike + ecosystem are a better phenomenon of internet of things in individual devices that is, connecting the electrical appliances to internet so that its performance can be monitored and examined. 4. How much of an edge does Nike have over its competitors? Explain your answer. Nike Company has quite an edge over its competitors; because, the company has various types of popular apps related with its products and services. †¢ Nike contains the many popular Nike’s Apps and devices. It is easily to track the athlete’s progress and measures one athlete activities against others than other Nike competitors. Other â€Å"Nike + devices† consist of â€Å"Nike + SportWatch GPS† and â€Å"Nike + Running App†; this can be used in both Apple and Android mobiles. The â€Å"Nike + SportWatch GPS† are used to track the location, speed, distance, burned calories, and heart beat rate of the athletes, and this work out details are uploaded into Nike’s website by plug the SportWatch to USB port. The Nike + Running App is used to mapShow MoreRelatedMarketing Strategy Michael E. Porter s The Five Forces Model1543 Words   |  7 PagesIntroduction This essay is based on Harvard Business School Professor and the father of modern business strategy Michael E. Porter’s â€Å"The Five Forces Model† (1979) and â€Å"The Value Chain† concept (1985) which will be critically analysing the internal and external competitive factors of â€Å"Adidas† sports brand company by applying Michael Porter’s theoretical frameworks that can be used to develop successful strategy for taking the company forward. Introduction of Adidas The global retail sporting goodsRead MoreOutsourcing Practices of Adidas, Converse, Nike, and Reebok1079 Words   |  4 PagesOutsourcing Practices of Adidas, Converse, Nike and Reebok Introduction Apparel and shoe manufacturers continued to offload the more costly yet easily replicated part so their business models to concentrate on brand building, marketing, sales and attaining greater distribution channels globally. These are the pressures all apparel and shoe manufacturers face, and it is particularly challenging in the athletic show industry (Kynge, 2009). Adidas, Converse, Nike and Reebok have been outsourcing productionRead MoreSustainment of The Mini Cases of the Industry2205 Words   |  9 Pagescompanies can gain a competitive edge, increase their market share, and boost shareholder value. This paper will identify as points of discussion the value chain and competitive forces in Porter’s model based on ‘The Mini-cases: 5 companies, 5 strategies, 5 transformations article and cases; and the affects did Information Technology have on the sustainability on those five organizations. Case Background 1. Identify the value chain and competitive forces in Porter’s model. Based on â€Å"The Mini-cases:Read MoreHow Globalization And Technology Changes Have Impacted The Corporation You Researched1233 Words   |  5 Pagescorporation you researched. Nike, Inc., is one of the leading designer’s, marketer and distributor of athletic footwear, apparel, equipment and accessories for a variety of sports and fitness activities. The company’s headquarters is near Beaverton, Oregon founded by Bill Bowerman and Phil Knight, who set out to reinvent athletic footwear. They wanted to improve upon one pair of running shoes called Onitsuka Tiger. Nike were more than distributors; they joined forces to design ideas and create betterRead MoreCritically Examine How Useful the ‘Sector Matrix’ Framework Is2117 Words   |  9 Pagesseveral frameworks have been developed for analyzing product markets and competitive advantages of companies. Many academic authors have tried to explain what gives competitive advantage in certain industries and how companies inside these industries should restructure in order to achieve greater profitability. This essay is firstly going to discuss the advantages of Porter Value Chain concep t and its similarities to the Commodity Chain frameworks developed by Gereffi. Secondly the essay will contrast theirRead MoreNikes Mission is to Bring Inspiration and Innovation to Every Athlete3040 Words   |  13 Pagesdiscuss Nike, Inc., a publicly traded corporation within the sporting goods industry. It will identify two segments of the general environment that would rank the highest in their influence on Nike, Inc. as well as assess how these segments affect Nike, Inc. and the sporting goods industry in which it operates. In addition, two of the five forces of competition discussed in the text will be identified based on an analysis of which two are the most significant for Nike, Inc. How well Nike, Inc. hasRead MoreThe Analysis of Nike in Athletic Footwear Market Based on Porter’s Five Forces Model3132 Words   |  13 Pagesanalysis of Nike in athletic footwear market based on porter’s Five forces model by Duke Introduction Given the demands of todays competitive and dynamic environment, it is quite challenging to understand strategic issues facing organizations and develop the capability for long term organizational success. Introduction in todays dynamic and competitive business environment, survival, growth and profitability are the essence goals of all industries. Nowadays, Porters Five Forces is currentlyRead MoreNike Business Analysis Essay1378 Words   |  6 Pagesleading athletic brand in the world, much of Nike’s success can be attributed to its shrewd marketing strategy. As reported in its 2009-2010 Annual report, because NIKE is a consumer products company, â€Å"the relative popularity of various sports and fitness activities and changing design trends affect the demand for our products†. Therefore, Nike must â€Å"respond to trends and shifts in consumer preferences by adjusting the mix of existing product offerings, developing new products, styles and categories,Read MoreSt rategic Analysis of Nike8813 Words   |  36 Pages 4 2.1. Vision amp; Mission 4 2.2. Company Portfolio 4 2.3. Nike Value Chain 6 2. Environment Analysis 3.4. Remote Environment Scan 7 3.5. Industry Environment Scan 10 3.6. Business Environment Analysis 11 3.7. Firm s Analysis - Strategic Capabilities 13 3. Strategy 5.1 . Corporate Level Strategy Read MoreStrategic Competition in the Sneaker Industry4504 Words   |  19 Pages As we leap into the twenty first century, it seems as though everyone is on the Internet and more companies are establishing an online presence to maintain their competitive edge. Along with high speed Internet connections, the Internet has become an essential tool for any business to compete domestically or globally. In today s high speed environment, one would be hard pressed to find a Fortune 500 company conducting business with either other businesses or consumers to not have its own web

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.