Nike Strategic Plan

Anonymous
timer Asked: Feb 2nd, 2019
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Question Description

1200 words for questions 1-4 and 3 scholarly sources APA CITED.................number 5 should have 250 words with 2 scholarly sources

1. In a narrative format, discuss Nike from a strategic perspective. Information concerning recent changes in the firm is readily available online and should be accessed. Strategic issues should be discussed in “real time.”

2. Some critics—citing previous allegations of sweatshops—have argued that Nike has not been ethical in its approach to production in developing countries. Is this criticism warranted? Why or why not? Additional Internet research may be required to support your position.

3. How has Nike accomplished considerable growth over the past two decades? Can this continue? Why or why not?

4. Suppose you are the CEO of Nike and the world is coping with an economic recession. Would you change the corporate strategy? If so, what changes would you make and why? If not, why not?

5. Should the Hampton by Hilton use the same competitive strategy that Motel 6 uses? Explain. Use concepts from the course to make your case. Note that the question is not whether Motel 6 should use the strategies that Hampton uses.

Tutor Answer

ProfJamesmiller
School: Duke University

Hey there, I have completed the assignment. see the attached documents below. its nice working with you😇

Running head: NIKE STRATEGIC PLAN

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Nike Strategic Plan
Institution Affiliation
Date

NIKE STRATEGIC PLAN

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Question one

Nike Inc.’s is working on a new strategy of product mix diversity for the purpose of
competitive advantage. This is known as the generic strategy, which is the best-known strategy
for achieving and maintaining competitiveness in the market. This strategy will be integrated
with the intensive growth strategy which has been a culture of the company, which reflects the
emphasis on innovation to develop the company. Intensive strategy records how the company is
growing. For this strategy has seen the company grow since it was started in 1964 and has helped
the company to grow consistently making it become one of the leading companies dealing with
athletic shoes, equipment, and apparel internationally. The organization is ensuring that it utilizes
its intensive growth strategy and generic strategy to keep its position in the market and provide it
with a competitive advantage (Uhl & Gollenia, 2016).
Nike Inc. is using the strategy from Porter’s model which combines cost leadership
strategy and differentiation strategy. Cost leadership, kind of generic strategic, is sustaining the
competitive advantage on the basis of costs. In this strategy the company is minimizing on
production cost and maximizing on profitability or reducing the selling price. The company will
be reducing the cost and the selling price of its products. This generic strategy is helping the
company to maintain its competitive advantage especially over its rivals and competitors. On the
other hand, Nike Inc. is using...

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Anonymous
Top quality work from this guy! I'll be back!

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