Nike Outsourcing - 2367 Words

Matthew Christensen History C Thorton 15 February 2013 Cuts Costs * Decreasing overhead through outsourcing is a valuable resource for Nike. Cutting costs by employing workers at a reduced rate or paying less for plant operation allows Nike to invest the additional profits into other areas of the business such as advertising, thereby increasing the potential for company growth. In addition, decreased operational costs are more likely to attract and retain company investors because more money can go into increasing business profitability.†¨Ã¢â‚¬ ¨ Increases Competitiveness * Because Nike is able to more efficiently produce its product and reduce costs due to outsourcing, it can more competitively price its products. This enables Nike†¦show more content†¦Nike grew at a compounded 20 percent growth rate and earned a 31 percent ROE for its shareholders through most of the past decade. †¢ Knowing it could not be the best at making chips, boxes, monitors, cables, keyboards, and the like for its explosively successful Apple II, Apple Computer outsourced 70 percent of its manufacturing costs and components. Instead of building internal bureaucracies where it had no unique skills, Apple outsourced critical items like design (to Frogdesign), printers (to Tokyo Electric), and even key elements of marketing (to Regis McKenna, which achieved a â€Å"$100 million image† for Apple when it had only a few employees and about $1 million to spend). Many of us know Nike for the clever maketing campaigns, celebrity athelet s, swoosh logo, and Just Do It! slogan. In 1963 the worlds largest athletic shoe company was founded by Philip Kight and Bill Bowerman for $500 apiece and a handshake, and today has over $9 billion in revenues. After several years of record breaking performance Nikes global labor practices were brought to the attention of the public as early as the 1990s. Which included publishings in Harpers magazine that a Nike subcontractor paid woirkers just under 14 cents an hour. Other reports includeShow MoreRelatedOutsourcing with Nike2220 Words   |  9 PagesOutsourcing Table of Contents: No. Desc. Page No. 1. Outsourcing 3 1. Method 3 2. Summary 3 4. Overview/history of company 3 5. Reasons for outsource 3 6. Offshore or domestic 4 7. Pros and Cons of outsourcing to third world countries 5 8. Alternative recommendations 7 9. Conclusions:Is outsourcing a good thing 8 10. References 9 Method: Investigation on outsourcing within business. The outsourcing of trainer companies within developing countries with particular emphasis on Nike outsourcingRead 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 outsourcingRead MoreNike s Aggressive Marketing And Pricing Approach1154 Words   |  5 Pagesimpact on product sales every quarter. These investments have resulted in stronger brand loyalty through active customer-relationship building and continuous improvements in their products. With over 500,000 different products being produced each year, Nike has secured a position with each demographic across the globe. In addition, their abundance of suppliers has allowed them to achieve grand economies of scale over their competitors. This is further maximized through the high invest ments in informationRead MoreSwot Analysis Of Nike s Marketing Strategy1543 Words   |  7 Pagesapplying diversification strategy and being successful in diversification is Nike, Inc. This paper discusses Nike’s diversification strategies and how the company succeeds in using it. Along with corporate level strategy, this paper also touches upon the international strategy that Nike uses. Key Tie-Ins †¢ Diversification strategy †¢ International strategy Nike Diversification Strategy Upon first glance it is not very obvious that Nike employs diversification in their overall corporate strategy. The companyRead MoreNike s Business Model : Nike Inc.1430 Words   |  6 PagesNike Inc. is a multinational athletic sportswear corporation that produces a wide range of both men’s and women’s footwear, clothing, equipment and accessories. It is also globally the largest seller of such garments, selling to approximately 19,000 retailers in the USA, as well as in 140 other countries around the world. Of course with such territory Nike has become a huge target to a broad range of campaigning non-governmental organizations and journalists as significant representation of businessRead MoreThe Athletic Shoe Industry Is Made Up Of Companies That Produce Footwear For Athletic Use1638 Words   |  7 Pagesbeen around for over 100 years. The athletic shoe industry is one of the fastest growing footwear industries and have top growing sales compared to other footwear industries (NDP Group, 2016). The key players that currently dominate the market are Nike, Adidas, and Puma (Kates Bolduc, 2013). This paper will use the porter five forces, industry life cycle, and the key players to understand the industry. Over these years the athletic shoe industry has grown into a competitive market. Porter’s FiveRead MoreComparison Between Nike And Adidas1679 Words   |  7 Pages The companies I chose are Adidas and Nike. The reason I chose these two is because they re both popular brand names around the world. Nike is base in the US and Adidas is base out of Germany. Nike and Adidas carries manufactures basically the same products. These companies offer similar products in comparisons to each other. Both of these brand s are well- know in households. The slogan for Nike is Just Do It is well-known around the world. Nike s slogan is used in printable ads andRead MoreMarketing Analysis : Nike, Adidas, Aon, And Nike1161 Words   |  5 Pagesthe best favorable terms to woe more customers. The sports industry is not any exception. The industry confronts lots of competition amongst its key players. The major players as discussed in the industry analysis paper are Puma, Adidas, AON, and Nike. This essay entails a discussion of the competitive strategies each firm has over the others, giving reasons why the brands have been exceptional in the market. Strengths and weaknesses of Puma A SWOT analysis may be utilized to investigate into theRead MoreMarketing Strategy Michael E. Porter s The Five Forces Model1543 Words   |  7 PagesAdidas The global retail sporting goods market is enormous, â€Å"The market is forecast to reach an estimated $266 billion in 2017†. (Thomasson, 2014)Adidas AG international largest sportswear manufacturer in Europe and second biggest in the world after Nike. â€Å"Adidas business was founded in a village by the name of Herzogenaurach, Bavaria in Germany in 1925 by brothers Adolf and Rudolf Dassler. Besides sports footwear, the company also produce other products such as bags, shirts, watches, eyewear andRead MoreNike Pestle Analysis1088 Words   |  5 Pages Nike is a US-based company that sells sports apparel for men, women, and children and is a major competitor in the industry, In this paper, we’ll be discussing Nike’s standings by using a PESTLE analysis, which looks at the political, economic, social, technological, legal, and environmental factors that affect an organization (A Pestle analysis, 2017). The first trend is political find this company in a similar arena as most corporations since the topic effect the management of the company and

Personality Analysis of Marilyn Monroe by Using Trait...

Personality Analysis of Marilyn Monroe By Using Trait Theories Marilyn Monroe, whose real name is Norma Jeane Mortenson, was born on June 1, 1926 in Los Angeles, California. She was American actress, singer and model. She also was one of the most famous movie star, the sex symbols and pop icons of the 20th century. Despite her an unhappy, difficult childhood she got succeed during her short life period. She worked minor roles for years. Then, she showed her comedy ability, appearance on television and attraction with films. Gentlemen Prefer Blondes, How to Marry a Millionaire, Some Like It Hot and The Seven Year Itch are some examples of these films. Her success and these films provided her to be the most popular film actress in 1950s†¦show more content†¦The most predominant features of Marilyn Monroe’s personality can be explained by extraversion and neuroticism with Eyesenk’s model of personality. If they are explained in order, first of all, she was extreme ly extroverted; she could easily carry on conversations with others despite her difficulty for developing close relational ties. She was enthusiastic, talkative, social, assertive and motivated woman. Her extraversion may also explain that why she is still remembered, talked and imitated today. Secondly, Marilyn Monroe has severe neuroticism. â€Å"People who score high on neuroticism tend to be anxious, temperamental, self-pitying, self-conscious, emotional, and vulnerable to stress- related disorders† (p.428-9). She had a tendency to experience negative, intense, puzzled feelings and was inconsistent with her feelings. She was often very depressed and in bad mood. Because of these reasons, she used drugs and alcohol. In these conditions, her childhood experiences may have a big impact on her neurotic personality. Lack of unconditional love and support from her parents, her mother’s serious medical and psychological disorders, the state of being exploited by others ma y make her more nervous, anxious, and emotional etc. Finally, I believe that psychoticism, which means being antisocial, hostile andShow MoreRelatedA Case Study And Treatment Plan For Marilyn Monroe Essay4865 Words   |  20 PagesTreatment Plan for Marilyn Monroe: Borderline Personality Disorder Anita Daswani deMena Hodges University June 12, 2015 Abstract There are many factors which may have had an effect on Marilyn Monroe’s psychological state. I will attempt to prove in my case study and treatment plan, that if Marilyn Monroe had lived in the time period we live in today she would have been better able to be overcome her struggle with mental illness. If treated for Borderline Personality Disorder (F60.3/ 301Read MoreThe Big Five Traits1842 Words   |  8 Pagesâ€Å"Big Five Traits† To The Personality of Person x A person’s personality has been the subject of psychological scrutiny for many years. Psychologists have drawn up several theories in an attempt to accurately predict and determine one’s personality. Foremost amongst these, is the â€Å"Big Five Trait Theory† which stemmed from Raymond B. Cattell’s theory. Raymond B. Cattell (1906-1998) studied the personality traits of large groups of people, calling the visible features of their personalities â€Å"surfaceRead MoreAnalysis Of A Management Strategy : The Charisma Myth Essay2190 Words   |  9 Pages Analysis of a Management Strategy: The Charisma Myth Berenice Escareno TDM 401/McWilliams September 19, 2016 Introduction Growing up, all of us had some sort of rule of thumb that either ruled in our households or school lives. We were told to do things a certain way because it has always been accomplished that way and never questioned if there was a better way in doing it. There are numerous ways in managing complex situations, so why do people believe management theoryRead More Women, Beauty and Self-Esteem Essay5143 Words   |  21 Pagesdesigned to make them beautiful. Cosmetic sales have increased annually to reach $18 billion in 1987 (â€Å"Ignoring the economy. . . ,† 1989), sales of women’s clothing averaged $103 billion per month in 1990 (personal communication, U.S. Bureau of Economic Analysis, 1992), dieting has become a $30-billion-per-year industry (Stoffel, 1989), and women spent $1.2 billion on cosmetic surgery in 1990 (personal communication, American Society of Plastic and Reconstructive Surgeons, 1992). The importance of beautyRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pages0-13-283487-1 ISBN 13: 978-0-13-283487-2 Brief Contents Preface xxii 1 2 Introduction 1 What Is Organizational Behavior? 3 The Individual 2 3 4 5 6 7 8 Diversity in Organizations 39 Attitudes and Job Satisfaction 69 Emotions and Moods 97 Personality and Values 131 Perception and Individual Decision Making 165 Motivation Concepts 201 Motivation: From Concepts to Applications 239 3 The Group 9 10 11 12 13 14 15 Foundations of Group Behavior 271 Understanding Work Teams 307 CommunicationRead MoreLibrary Management204752 Words   |  820 Pages. . . . . . . . . . . . 75 Environmental Assessment . . . . . . . . . . . . . . . . . . . . . . 76 Developing Standards and Guidelines . . . . . . . . . . . . . 76 Forecasting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76 Theory Applications . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78 Management by Objectives (MBO) . . . . . . . . . . . . . . . . . 78 Total Quality Management (TQM) . . . . . . . . . . . . . . . . . 80 Policy Making . . . . . . . . . . . . Read MoreDeveloping Management Skills404131 Words   |  1617 PagesLine 58 Understanding and Appreciating Individual Differences Important Areas of Self-Awareness 61 Emotional Intelligence 62 Values 65 Ethical Decision Making and Values 72 Cognitive Style 74 Attitudes Toward Change 76 Core Self-Evaluation 79 SKILL ANALYSIS 84 Cases Involving Self-Awareness 84 Communist Prison Camp 84 Computerized Exam 85 Decision Dilemmas 86 SKILL PRACTICE 89 Exercises for Improving Self-Awareness Through Self-Disclosure 89 Through the Looking Glass 89 Diagnosing Managerial CharacteristicsRead MoreProject Mgmt296381 Words   |  1186 PagesLeadership Chapter 2 Organization Strategy and Project Selection 1.4 Projects and programs (.2) 1.4.1 Managing the portfolio 1.4.3 Strategy and projects 2.3 Stakeholders and review boards 12.1 RFP’s and vendor selection (.3.4.5) 11.2.2.6 SWAT analysis 6.5.2.7 Schedule compression 9.4.2.5 Leadership skills G.1 Project leadership 10.1 Stakeholder management Chapter 11 Teams Chapter 3 Organization: Structure and Culture 2.4.1 Organization cultures [G.7] 2.4.2 Organization structure

Caring for Dementia Patients Long Term Care free essay sample

Caring for Dementia Patients Rodrick Williams English 122 Professor Susan Turner Colon Caring for Dementia Patient It can be very difficult caring for a patient with dementia. Most caregivers are unaware of the problems, they must face. A family member attempting to care for a loved one without training will eventually turn to a Nursing Home that has experienced staff in the care of dementia patients. Although many families feel a sense of guilt having someone else care for a loved one, it is best for all concerned. Dementia patients can be a handful for an experienced caregiver as well as those with no training. These are some of the question that should be ask when a loved is diagnosis with dementia. Why is dementia so misunderstood, what are the causes, what are the different stages of the dementia, what are the statistics, and how is it diagnosis? Dementia defined as the loss of intellectual functions such as thinking, remembering, and reasoning of sufficient severity to interfere with a persons daily functioning. We will write a custom essay sample on Caring for Dementia Patients Long Term Care or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Dementia is not a disease itself, but a group of symptoms. Many ementias are treatable and reversible. Alzheimers disease is the most common form of untreatable, irreversible dementia A German doctor named Alois Alzheimer first discovered Alzheimers Disease (AD) in 1906. It is a disorder of the brain, causing damage to brain tissue over a period. The disease can linger from two to twenty-five years before death results (Florida Health Care Association 2005). Some of the conditions that mimic Alzheimers are reversible dementia, irreversible dementia, depression, and relocation stress. Most common reactions are decline in health, nability to care for oneself, disorientation, and confusion. Treatable causes of dementia are prescription drug interactions, alcohol use, depression, delirium, dehydration, malnutrition, infections, and vision and hearing problems (Bourgeois, Irvine 20000). Communication is critical when approaching dementia patients. The patient loses the understanding of the spoken language and depends on body language for their source of understanding. It can be very frustrating for a dementia patient trying to express him or herself. The simple things are hard to get across. To some this ehavior would be considered upsetting but it is hard for them to communicate effectively. The best course of action would be to stay calm, consider if the patient is patients as bad behavior. A dementia behavior is considered as problem behavior which is composed of agitation, aggression, and wandering. Agitation is the leading problem behavior, which may be onset by pain, hunger, fear, boredom delirium, medication side effect, or environment. Diagnosis is the first step in treating agitation (1997). A definite diagnosis of Alzheimers disease is still only possible during autopsy hen the hallmark plaques and tangles can be detected. However, with techniques now available, physicians and patients can count on 85 to 90 percent accuracy, according to studies in which clinical diagnosis was later confirmed by autopsy (1984). The most effective way to diagnose AD is now through Memory Disorder Clinics, (MDC), such as the ones funded by the State of Florida. The clinic evaluation is a team approach to diagnosis of memory impairment. Whether the diagnosis is Alzheimers disease, Multi Infarct dementia, Parkinsons disease, or any other form f dementia, the Memory Disorder Clinic professionals will assist the patient and family with services and resources for their situation. Current research focuses on many different aspects of dementia, including, but not limited to prevention, slowing progression, treatment of symptoms and a cure. This research hopes to improve the lives of people affected by Alzheimers disease and other dementias. Research may include studies of genetic factors, neurotransmitters, inflammation, cell death, and the associated neurofibrillary tangles and plaques in AD. Some other researchers are trying to determine the possible roles of cholesterol metabolism, oxidative stress (chemical reactions that can damage proteins, DNA, and lipids inside cells), estrogen, vitamin E, and microglia in the development of AD. Scientists also are investigating the role of aging related proteins (Florida Health Care Association 2005). Lifestyle changes to help prevent AD, according to The Alzheimers Prevention Foundation International include four pillars of building a better memory; diet and vitamins, stress management, exercise and pharmaceutical drugs. Diet and vitamins: the brain requires nutrition, blood flow and energy that comes from a diet that is moderate in calories, high in good fats and clean proteins. Stress management: reducing depression and improving your ability to deal with stressful situations. Exercise: mental and physical exercise is essential for brain health. Effective workouts include brisk walking, swimming, and Tai chi mental exercise such as visiting museums, crossword puzzles, reading, taking educational classes, and socializing with friends arte all excellent ways to keep your brain in shape. Pharmaceutical drugs: medications such as Aricept, Exelon, Reminyl, and Namenda, taken with the supervision of a physician, can play an important role in delaying the progression of mild memory loss due to Alzheimers disease. Natural hormone replacement therapy still considered by leaders in the field of integrative medicine to be useful for many people (Lacy, Armstrong, Goodman 2003). that there are three stages of Alzheimers and their characteristics. The early stages include memory loss, disorientation, mild confusion, and personality changes. Middle tages: inability to perform skilled movements, social withdrawal, fewer inhibitions, restlessness, sleep disturbance, and hallucinations. The late stages: little memory, difficulty communicating, no recognition of loved ones, forgetting how to eat, loss of bladder/bowel control, and upset sleep cycle. Encourage families to Join support groups, give educational handouts, educational seminars or workshops, memory disorder clinics, memory books, care plan meetings, activities, dining, social services, family support network, and hospice care (McGough 2005). By involving family embers there is less chance of emotional, physical, social, financial or environment stress. Stress can led to accusations about care, emotional outbursts, frequent visits throughout the day or verbal and physical hostility. Safety is a major concern that should include monitoring devices, night- lights, well- lit hallways, combination key locks, labeling room doors of residents with pictures of residents, reduce noise levels, eliminating clutter, and keeping sharp objects out of reach. Anything that poses a threat to the safety of the residents must be removed or kept in a safe place. It takes a strong person to care for persons diagnosed or have symptoms of dementia. As the symptoms progress as will the behavior problems. References Bourgeois, M. and Irvine, Blair, PH. D. Strategies of Dementia, ORCAS, Inc. 2000 Florida Health Care Association, 2005 University of Alabama Dementia and Training Program, The Deta Brain Series, 1997 National Institute of Neurological and Communicative Disorders and Stroke and the Disease and Related Disorders Association guidelines, 1984 Lacy C, Armstrong L, Goldman M, Drug Information Handbook, Lexi-Comp, Hudson, Ohio 1 1 th ed. 2003

World Cultures Consumers Cultural Preferences

Globalization has helped business operators and service providers to reach a wide range of consumers. According to House, Javidah, Hanges, and Dorfman posit, â€Å"People are travelling across varied nations freely† (5), and even while in foreign countries, these consumers require goods and services.Advertising We will write a custom essay sample on World Cultures: Consumers’ Cultural Preferences specifically for you for only $16.05 $11/page Learn More To cater for the consumers’ diverse needs, business operators and service providers should have prior knowledge of the cultural preferences of the target consumer groups. Gradually, organizations are transforming their operations to adopt the policy of thinking locally and acting globally. An organization cannot serve customers effectively if it does not have proper information about its clients’ cultural preferences (House et al. 7). This conclusion can be deduced from the talk given by De Kanter. De Kanter posits that, for Fiesta Mart to satisfy its customers, the organization gathers information about the cultural practices exhibited by people living within its proximity. Moreover, its employees visit varied restaurants to identify consumer preferences. De Kanter divulges that, despite the outlet focusing on Mexican people; it always ensures that it has products for every individual based on his or her cultural preference. However, the big task lies in luring the young generation to shop at Fiesta. As evidenced by De Kanter’s talk, despite the diversity in cultural practices, some cultures are somewhat related. Fiesta Mart is gradually introducing global strategies to its various local supermarkets. De Kanter gives the example of the introduction of ‘open market’ concept in Texas. Fiesta Mart introduced this concept in Texas after realizing that it worked in Central America and Columbia. This shows how organizations are adopting stra tegies, used by similar organizations in different countries, and using them locally. Communication is vital for organizational success. Hence, besides understanding the cultural practices of the target consumers, it is imperative to learn their languages to facilitate negotiations and marketing. Edgar Vesgar also illustrates how knowledge in cultural practices of the target consumers may help a business enhance its relationship with consumers. Edger claims that, the success of Memorial Herman Hospital dwells on its ability to consider the cultural values of its target clients.Advertising Looking for essay on cultural studies? Let's see if we can help you! Get your first paper with 15% OFF Learn More The hospital is ever in good terms with clients. He gives an example of cultures that give gifts and expect nothing in return. He also warns that such gifts may be detrimental to an organization if not well utilized. From his sentiments, it is clear that, at times, clients give gifts with an aim of gauging the level of transparency in an organization. How an organization spends money or other gifts, given by clients, portrays its transparency as well as commitment to serving the society (Thorne and Saunders 13). According to Edger, the success of any organization hinges on its ability to serve diverse cultures. No city can claim to be dominated by a single culture; hence, understanding the varied cultures may help an organization enhance its productivity by serving a wider market range. De Kanter and Edger hail from different countries. Besides, while De Kanter works in a supermarket, Edger works in a hospital. The two organizations work in different lines of specialization. The talks by the two show how organizational processes are influenced by culture. From Edger and De Kanter’s talks, it is clear that all countries are interconnected. Organizations in different countries are working hard to learn the cultural practices of other nations. Th is shows how different nations have become assimilated into varied cultural practices. The two speakers show that culture not only influences product development and distribution, but also service delivery. Cultural practices affect all organizations in one way or another. Works Cited House, Robert, Mansour Javidah, Paul Hanges, and Peter Dorfman. â€Å"Understanding cultures and implicit leadership theories across the globe: an introduction to project GLOBE.† Journal of World Business 37.1 (2002): 3-7. Print. Thorne, Linda, and Susan Saunders. â€Å"The socio-cultural embeddedness of individuals’ ethical reasoning in organizations (cross-cultural ethics).† Journal of Business Ethics 35.1 (2002): 1-14. Print. This essay on World Cultures: Consumers’ Cultural Preferences was written and submitted by user Seamus Bauer to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.