NIKE Corporations has headquarters in USA,China and Europe.It is an American corporations .founded in the year 1964 by Bill Bowerman and Phil Knight. It deals with the manufacturing and sales of different footwear,sport equipment and all manners of accessories
It is known to be the one of the most partnered corporations in the world of sports. The name invariably is a household name in the whole world in terms of sports accessories
a.The richest sport brand in the whole world
b.It produces varieties of designs to suit the taste of the customers
c.It is involved in corporate social responsibilities such as school innovation fund,grassroots giving,community grants and the like
a.Most of their products can easily be counterfeited
Nike, Inc. is an American multinational corporation and the company is headquartered in Beaverton, Oregon, in the United States.
Nike, Inc. is the world's largest supplier and manufacturer of athletic shoes, apparel and other sports equipment. Nike, Inc. includes the Nike, Converse, Hurley, and Jordan brands etc. it is no secret that Nike boots are currently the top sellers in the market and for good reason. Nike have put tremendous time and effort into making their Speed boots the premier choice of top players. Cristiano Ronaldo, Lionel Messi, Gareth Bale, Luis Suarez, Zlatan Ibrahimovich, Mesut Ozil, Robin van Persie and Edson Cavani are just a selection of players who wear one of these boots.
One major advantage is that Nike is a globally known brand and can hence sell footwear all over the globe. Nike can also keep labor costs low by making use of laborers in underdeveloped countries – this provides the company to sustain significant profits and hence keep their shareholders happy. Furthermore, the company promotes environmental efficiency through the use of decoupling of strained resources. They make sure they put in place ethical sustainability by controlling and regulating foreig labor forces. Also, NiKE create customer value to the athlete in all, as well as cultivating world potentials for meeting problems.
Some of the disadvantages to Nike as a company:
Everything that comes with great advantages mostly follows by significant challenges. Several social justice groups in the United stages as well as all over the world aren’t happy about the stays of NIKE industries in Asia. NIKE believes they’re doing more by creating jobs in the developing nations as well as paying better than other factories. Also, some of their products have been boycotted due to sweatshops.
Nike has an extremely dynamic brand. Although it’s essential focused on athletic footwear, the organization’s products has spread throughout for casual use. Additionally, this has brought some good opportunities to get its investment in the football market. The company has a great organizational structure which is worthy of emulation as a result of its success. The brand is an American multinational organization making footwear, clothes, equipment, as well as accessories. They’re the world largest manufacturer of athletic shoes and apparel.
Nike incorporation was formerly known as Blue Ribbon Sports is an American sportswear company headquartered in Beavaton, Oregon. In 1964, as a Blue Ribbon Sports by Bill Bowerman, a track and field coach at the University of Oregon, and his former student Phil Knight. They opened their first retail outlet in 1966 and launched the Nike Brand shoe in 1972. The company was renamed Nike inc. in 1978 and went public after two years. By the early 21st century, Nike has retail outlets and distributors in more than 170 countries, and it's logo, a curve check mark called swoosh is recognised all over the world.
ADVANTAGES OF NIKE.
1. The quality of their products are very okay and perfect.
2. They are well known around the world.
3. They focuses on sport wears and sport boots mostly.
4. They have sponsorship deals with popular players and clubs.
DISAVANTAGES OF NIKE.
1. Their products are quite expensive.
2. Their products are easily pirated.
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