Answer: true
Explanation:
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Analyse how Nike has dominated globally throughout the decades and drives the economy.
Every company develops a brand reputation. Sometimes it helps the company bring in more revenue, and sometimes it plays against it. That's not the case for Nike, which by sponsoring many high-profile athletes and sports teams all over the world has become one of the most recognized global symbols.
Strong branding is just one of Nike's many competitive advantages. A culture of innovation, plenty of international opportunities for revenue expansion, and significant pricing power make this stock a must watch. Its shares are up almost 50% since early January, but this may be just the beginning.
Founded in 1964 by University of Oregon track athlete Philip Knight and his coach Bill Bowerman, Nike has become a leading player in the athletic footwear and apparel industry. Over the past 40 years, the company has built several competitive advantages:
Strong Brand: Nike has been able to establish strong emotional connections with athletes by building one of the most widely recognized brands in the world. Interbrand puts Nike in the 26th position of its Best Global Brands 2012 Ranking, well above Adidas , which is in the 60th position. Pricing Power: Nike's strong brand has enabled the company to set high prices, and therefore enjoy a higher gross margin in footwear than most of its competitors. Just in the latest quarter, the company posted an increase of 110 basis points in gross margin to 43.9%. Global Supply Chain: With more than 1000 factories worldwide and 1 million workers employed, Nike's supply chain overshadows any other competitor. The company has the resources needed to supply the world with top-quality shoes without any trouble.
These advantages have allowed the company to more than double its revenue in the past 10 years. As earnings per share grew at a compounded rate of 15%, management returned over $15 billion to shareholders via dividend payments and share repurchases. The key behind these figures is massive growth. It took the company 18 years to earn its first $2 billion in revenue. By growing 8% in 2012, the company added that much in just 12 months.
Emerging markets are a massive opportunity for Nike. Asia and Latin America in particular are set to become the firm's primary growth engines. Both regions will continue experiencing strong demand for its products due to increasing economic prosperity and a strong interest in sports.
The brand is already the leading player in China with more than $2.4 billion in sales in 2012. Because of increasing competition coming from Adidas and Hennes & Mauritz, however, Nike's inventories have started to grow faster than its sales after growing its business 23% between 2011 and 2012. That being said, Nike still has plenty of room left for discounts in order to protect its leading position from Adidas.
Brazil is another key market. According to the company's latest letter to shareholders, management is preparing a marketing plan more ambitious than anything they have done before for the 2014 World Cup and the 2016 Olympics.
Nike's classic rival, Adidas, became stronger after the 2006 acquisition of Reebok. The German sports equipment maker is making steady progress in international expansion, and will also benefit from a sales boost coming from the World Cup next year as it will be sponsoring strong teams, such as Germany, Argentina and Spain. However, by securing more than half of the teams in the 2010 World Cup, including the French and Brazilian national soccer teams, Nike will be the main figure.
The industry certainly looks fierce. That should not be a problem for Nike, however, which has all the competitive advantages needed to keep its leading position in the global athletic footwear, apparel, and equipment market, which is worth as much as $284 billion. With more than a thousand factories all over the world and one of the strongest global brands ever created, Nike is well prepared to capitalize on its emerging markets business and welcome one billion new consumers on the way.
What was high demand in the 1990s?
Answer:
Employment in the 1990s Technology and demand for more services drove employment up in the service-producing sector. Productivity improved as new and cheaper computer technology was applied in all sectors of the economy.
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#carryONlearning(a) A family consist of a baby, a child attending nursery school and working parents, decide to prepare a budget for 3 months has a limited income and decides to purchase a food processor instead of a television set.
Suggest TWO possible reason for this decision.
Answer:
bhosdi ke kute gal chode
Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
Answer:
Option A
Explanation:
The complete question is
Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
a) 2 hours
b) 1 hour
c) 1 hour and 40 minutes
d) 90 minutes
Solution
There are four lanes.
Capacity of one lane is equal to 1,000 vehicles/lane/hour.
Let us say that each lane will provide access to equal number of vehicles
Thus, each lane will allow 10,000/4 = 2500 vehicles per hour
Time taken by 2500 vehicles on road to reach parking is equal to 2.5 hours.
The nearest answer to this option A i.e two hours
Table 1 contains information about a small business for one month. The business
sold 270 units this month. Using the information in Table 1, calculate the profit for
this business. You are advised to show your workings
Fixed costs
£2 100
Variable costs (per unit)
£110
Sales price (per unit)
£200
Answer:
workings. Number of units sold: 240. Fixed costs: £1 100. Variable costs per unit: 45 pence. (2) ... You are advised to show your workings. (2). (Total for question = 2 marks). Q6 ... Table 1 contains information about a small business for one month. ... Using the information in Table 1, calculate the profit for this business. You ...
Explanation:
Answer:
Profit during month = £22,200
Explanation:
Given:
Number of unit sold = 270
Fixed costs = £2,100
Variable costs (per unit) = £110
Sales price (per unit) = £200
Find:
Profit during month
Computation:
Total sales value = Number of unit sold x Sales price (per unit)
Total sales value = 270 x £200
Total sales value = £54,000
Total Variable costs value = Number of unit sold x Variable costs (per unit)
Total Variable costs value = 270 x £110
Total Variable costs value = £29,700
Profit during month = Total sales value - Total fixed cost - Total Variable costs value
Profit during month = £54,000 - £2,100 - £29,700
Profit during month = £22,200
In 2022 the Concord Corporation had net credit sales of $830000. On January 1, 2022, the Allowance for Doubtful Accounts had a credit balance of $21200. During 2022, $32300 of uncollectible accounts receivable were written off. Past experience indicates that the allowance should be 10% of the balance in receivables (percentage-of-receivables basis). If the accounts receivable balance at December 31 was $223000, what is the required adjustment to the Allowance for Doubtful Accounts at December 31, 2022
Answer:
$33,400
Explanation:
Calculation to determine the required adjustment to the Allowance for Doubtful Accounts at December 31, 2022
Required ending balance of allowance for doubtful accounts 22,300
(223000 * 10%)
Less Beginning credit balance of allowance for doubtful accounts (21,200)
Add Uncollectible accounts receivables written off 32,300
Adjustment to allowance for doubtful accounts $33,400
(22,300+21,200+32,300)
Therefore the required adjustment to the Allowance for Doubtful Accounts at December 31, 2022 will be $33,400
What is the main difference between a market and a command economy?
Answer:
Market economies utilize private ownership as the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production such as land, capital, and resources. Most nations operate largely as a command or market economy but all include aspects of the other.
characteristics of the local economy
Answer:
private ownership, freedom of choice,self-interest,optimized buying and selling platforms,competition and limited government intervention.
Explanation:
competition drives the market economy as it optimizes efficiency and innovation
Communication skills include:
A. science.
B. health.
C. math.
D. reading.
Answer:
reading
Explanation:
Write a 600 word summary in your own words that identifies the main points you learned. Your summary should include at least one question and answer from each quiz. Explain your answers. Use a publishing program to create a safety poster to make workers aware of safety hazards.
To write a summary with the main points about your learning on a topic, it is essential that you organize your ideas in a logical and objective way. You can also conduct research on trusted sources to increase your information on the topic and the reliability of your ideas.
The statement also calls for a safety poster to be created to make workers aware of safety risks. Some tips for creating an effective poster are:
Use visuals like meaningful imagesUse flashy colors and phrasesHighlight the main points of the subjectDon't use too much textHow to make an effective summary?It is essential to find the central idea of a text to create your abstract, you can find it in the introduction and usually in the conclusion, where it will be reiterated and justified. After finding the key points of the text, organize them objectively and succinctly, bringing clarity and understanding on the topic.
Therefore, to retain and engage the reader's attention in an abstract or poster on a subject, it is necessary to pay attention to the structure of the activity, using clear and objective language, aligned with the central purpose.
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May I get some help
Answer:
C. Reteach the concept with alternative examples
Mark and Addison formed a partnership. Mark received a 25% interest in partnership capital and profits in exchange for land with a basis of $40,000 and a fair market value of $60,000. Addison received a 75% interest in partnership capital and profits in exchange for $180,000 of cash. Three years after the contribution date, the land contributed by Mark is sold by the partnership to a third party for $76,000. How much taxable gain will Mark recognize from the sale
Answer:
$24,000
Explanation:
Calculation to determine How much taxable gain will Mark recognize from the sale
Mark allocated precontribution gain $20,000
($40,000-$60,000)
Add Post contribution gain $4,000
($60,000-$76,000*25%]
Taxable gain $24,000
($20,000+$4,000)
Therefore How much taxable gain will Mark recognize from the sale is $24,000
Economics-- please help!
Your country takes in $350 million each year in tax money but chooses to spend $150 million on various services it provides. What type of stance does your country take on fiscal policy?
neutral stance
expansionary stance
economic stance
contractionary stance
Store Policies that are open to interpretation by store employees
a) Customer satisfaction
b) Government law
c) Safety
d) Liability of product
Answer:
a) Customer satisfaction
Explanation:
Can someone please explain to me what "spreading overhead" means in terms of business strategy and economics?
Explanation:
The concept of 'spreading the overhead' refers to using an allocation method to distribute the indirect overhead costs accross produced goods.Because costs and benefits are both subjective, a person's cost-benefit analysis will always be based on what?
● monetary considerations
●diminishing marginal returns
● his or her unique values and beliefs
● a production possibilities frontier
Answer: his or her unique values and benefits
Explanation: I just got it right
Because costs and benefits are both subjective, a person's cost-benefit analysis will always be based on his or her unique values and beliefs. The correct option is c.
What is cost-benefit analysis?A cost-benefit analysis is a systematic process that businesses use to analyze which decisions to make and which to forgo.
The cost-benefit analyst sums the potential rewards expected from a situation or action and then subtracts the total costs associated with taking that action. Some consultants or analysts also build models to assign a dollar value on intangible items, such as the benefits and costs associated with living in a certain town. Before building a new plant or taking on a new project, prudent managers conduct a cost-benefit analysis to evaluate all the potential costs and revenues that a company might generate from the project.
The outcome of the analysis will determine whether the project is financially feasible or if the company should pursue another project.
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Rider company's product has a selling price of £40 per unit and variable expenses of £15 per unit. The company's fixed expenses total £30000 per year. The company's break even point in terms of total pound sales is
Answer: $48000
Explanation:
To get the company's break even point in terms of total pound sales, we have to first get the contribution margin ratio which will be:
= Unit contribution margin / Unit selling price
= ($40 - $15) / $40
= $25/$40
= 0.625
Then, the dollar sales to break even will then be:
= Fixed expenses / CM ratio
= $30,000 / 0.625
= $48,000
explain the role of director of board of directors in public company.
four points
Explanation:
The board of directors is elected to represent shareholders' interests. Every public company must have a board of directors composed of members from both inside and outside the company. The board makes decisions concerning the hiring and firing of personnel, dividend policies and payouts, and executive compensation.
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Anh is single, owns a car, and works full time. She is buying a home and has student loans and other debts to pay. What should she do to protect herself from the risks she might face in the future?
Answer:
She should do her financial planning properly.
Explanation:
In the context, it is given that Anh who is a full time employee in a firm owns a car and she is single. She has some debts to pay and also has a student loans. She is currently buying a home. In this way she might face financial problems in her future. She will in huge debts where she will not be able to pay off the loans and the debts.
So Anh must consult a financial expert who will help her or guide her to plan her finances properly. She must pay off the debts and the loans as soon as possible. The more delay she does the more debt she will be pulled into as she will have to pay more as the interest increase.
So she should invest properly and clear off her loan first.
When was Wells Fargo established? What was the main business when they started?
Answer: Since 1852
In 1852, Henry Wells and William Fargo founded Wells, Fargo & Co. to serve the West. The new company offered banking (buying gold and selling paper bank drafts as good as gold) and express (rapid delivery of the gold and anything else valuable).
Explanation:
You receive a text alert that you must fertilize 14 more acres in the next hour before it begins to
rain. What should you do?
A. Maintain current speed because you will be able to cover the additional acres in one hour.
B. Increase the engine speed to approximately 2,700 rpm to cover the additional acres in one
hour.
C. Increase speed to approximately 7.1 mph to cover the additional acres in one hour.
D. Increase to second gear to cover the additional acres in one hour.
Answer:
C
Explanation:
Increase speed to approximately 7.1mph to cover the additional acres in one hour
What might be the short run impact of a completely open immigration policy that allowed labor to move freely across the U.S. border
Answer:
it will be harder to stop drugs and illegal weapons from coming into the US due to the fact that there would be no checks and if there was it would be easier to scope out the people with and without identification
A government announces it will impose an indirect tax on the price of petrol because it wants to discourage travel by car and encourage the use of bus and rail services instead. This, it believes, will help to reduce traffic congestion and harmful exhaust emissions
The correct answer to this open question is the following.
Here we do not have a question. Just a statement.
What is your question? What do you want to know?
However, trying to help you we can comment on the following.
If the government announces it will impose an indirect tax on the price of petrol because it wants to discourage travel by car and encourage the use of bus and rail services instead, it had to make sure that the impact will have the expected benefits because that could not always be the case.
Some other considerations need to be made for this to happen. For instance, if the government wants to dissuade people to use their cars, the government has to make sure that the public transportation system is in optimal conditions, it is safe to ride, and can guarantee the transportation times for people to be on time in their jobs.
Otherwise, people will still be driving their cars because they think that using cars is a more safe and better way to travel.
Public transportation also has to comply with strict pollution emissions controls.
Which of the following would the social security tax pay for? a health insurance b pensions for the elderly and disabled that qualified c vacations d education
A government policy that sets the highest price that can be charged for a good or service is a __________.
A) price peak
B) price ceiling
C) price roof
D) price maximum
Answer:
B. price ceiling.
A government policy that sets the highest price that can be charged for a good or service is a price ceiling.
Explain the role audit committee plays in the company
Answer:
The primary purpose of a company's audit committee is to provide oversight of the financial reporting process, the audit process, the company's system of internal controls and compliance with laws and regulations. ... As such, CPAs report directly to the audit committee, not management.
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Shakeria wants to start investing. She decides to put $1,000 in her investment account and then decides to add $5,200 (which is one hundred dollars per week) into the account at the end of each year. She expects her investments to earn an average of 9% over the next 30 years. How much will she have at the end of the 30 years?
A. $689,364.25
B. $254,369.25
C. $674,689.33
D. $356,543.89
E. $701,055.34
F. $722,066.88
Which pricing policy do you think would be best suited for a small business introducing a new line of clothing and accessories? Explain.
Answer:
I think that a small business introducing a new line of clothing and accessories should use the penetration pricing policy. The penetration pricing policy prices their products very low to start out with to try and distract competitors from there competition and towards them.
Explanation:
Hope that helps!
State the importance of agricultural experts
Agriculture is the main source of national income for most developing countries. However, for the developed countries, agriculture contributes a smaller per cent age to their national income. Agricultural sector provides fodder for domestic animals. Cow provides people with milk which is a form of protective food.
Full-service brokerage firms
a. have lower commissions.
b. offer portfolio management.
C.provide no investment advice.
d. teach you how to do market research.
Please select the best answer from the choices provided
A B C D
Answer:
b. offer portfolio management.
Explanation:
When the brokerage firms provide full service so they would offer the portfolio management that means it manages the portfolio so that the risk could be minimized and returns could be high via investing the securities in different places rather investing at one place
Therefore option B is correct