Nike Case - 1085 Words

BACKGROUND Kimi Ford, a portfolio manager of a large mutual fund management firm, is looking into the viability of investing in the stocks of Nike for the fund that she manages. Ford should base her decision on data on the company which were disclosed in the 2001 fiscal reports. While Nike management addressed several issues that are causing the decrease in market sales and prices of stocks, management presented its plans to improve and perform better. Third party sources also gave their opinions on whether the stock was a sound investment. PROBLEMS: 1. What is the WACC and why is it important to estimate a firms cost of capital? Do you agree with Joanna Cohens WACC calculation? Why is it important to estimate a firms†¦show more content†¦Since it assumes the earnings will continue indefinitely, the value is computed simply by dividing the earnings by a capitalization factor expressed as a percentage. For example, a company whose normal earnings are $1,000 and for which a capitalization rate of 20% is chosen would have a value of $5,000 ($1,000 à · .2). One of the most problematic aspects of this process is determining an appropriate capitalization rate. This is accomplished either by reference to rates implicit in the value the marketplace gives to comparable publicly traded companies or through a process known as the buildup method. In the buildup method the valuator begins with the risk free rate and adds subjectively to that rate an amount appropriate for the investment risk of the firm being valued. Once an appropriate rate has been determined, the value of the firm is calculated rather quite simply by dividing the adjusted earnings by the capitalization rate. Computation for Nikes Cost of Capital Using the WACC, the following computation can be deducted: WACC = (% of equity x cost of equity) + (% of debt x cost of debt) x (1-CorpShow MoreRelatedNike Business Case Study1380 Words   |  6 PagesEven though every company should act ethically correct, not everyone does and Nike is a great example of that. Nike is a company who grew fast and looked for a cheap way to manufacture their products, by manufacturing overseas. Nike had a strong start but when people started protesting the company and their name was being dragged, they acted fast to recover to be the huge business they are today. Background The company Nike was founded in 1962 by Stanford University business graduate, Philip KnightRead MoreNike Case Study Analysis1294 Words   |  6 Pages â€Æ' Introduction Nike, a multinational company is one of the top and well known athletic footwear and apparel producers in the world. It had established production plants in many countries and has many suppliers, distributors, and retailers worldwide. It is well known because of its engagement in international business and the amount of employment it had created around the world. Nike was criticized as a result of how it managed its expansion strategyRead MoreNike Ethics Case Study1215 Words   |  5 Pagesfrom mass ordering and mass production are opportunities Nike sorted to exploit. However, this is not with problems as might lead to loss of control, and moral concern like was the case with Nike raising concern relating ethical principle in business. In this paper, we shall be answering questions related to the complexities of expansion amid a globalize world drawing inspiration from â€Å"The Promise and Perils of Globalization: The Case of Nike†, a working paper presented by Richard M. Locke and AlvinRead MoreCase Study : Advertising Strategy By Nike Essay1081 Words   |  5 Pages Case study on Advertising Strategy by Nike As per Nike organization legend, a standout amongst the most well known and effectively perceived trademarks in promoting history was authored at a 1988 gathering of Nike s commercial office Wieden and Kennedy and a gathering of Nike workers. Dan Weiden, talking fondly of Nike s can-do state of mind, allegedly said, You Nike fellows, you take care of business. The rest, as is commonly said, may be (promoting) history. In the wake of staggeringRead MoreNike Case Study1112 Words   |  5 PagesCase Study- Nike 1. Discuss how Nikes growth can be attributed to its targeting of diverse market global segments. In the 1960’s Nike was only making running shoes. At this point in time not many people knew of Nike or the Nike swoosh. In order to increase brand awareness, they started paying athletes to wear their shoes. However, very soon Nike learnt that in order to be a global brand they needed to appeal to different market segments, not just athletes. Hence, they then decided to tapRead MoreNike Case Answers1120 Words   |  5 PagesNike Case Answers– Spreading out to stay together 1. When Nike CEO Phil Knight stepped down and handed his job to Bill Perez, he stayed on as chairman of the board. In what ways could Knight’s continued presence on the board have created an informal structure that prevented Perez from achieving full and complete leadership of Nike? Answer: Informal structures are the set of unofficial relationships between organization members. Potential advantages of informal structures: ââ€" ª Helping peopleRead MoreNike Case Study1890 Words   |  8 PagesNike Presentation of Facts Surrounding Case Background on Football and the FIFA World Cup: Football (Commonly known as Soccer in the U.S.) was and still is the most popular sport in regards to viewership worldwide. In 2006 it was estimated that the sport of football was played by more than 265 million people, and continuing to grow (These estimates were up from 2000, estimated 42 million). Profession leagues exist throughout the world and the most popular teams were in Western Europe. The historyRead MoreNike Case Study1494 Words   |  6 PagesIntroduction: This paper is a case study of Nike Inc. I will give a brief overview of the history, products, company goals, company challenges, financial report and sourcing strategies. My main sources of information are internet databases, company annual reports, and financial articles. Company Overview: Nike Nike incorporated, the worlds leading designer and marketer of authentic athletic footwear, apparel, equipment, and accessories for a wide variety of sports and fitness activitiesRead MoreCase Study on Nike1252 Words   |  6 PagesCase Study Nike Introduction Good morning ladies and gentlemen and thank for taking the time to meet with us. Nike was founded on January 25, 1964 as Blue Ribbon Sports by Bill Bowerman and Philip Knight. The company officially became Nike, Inc. on May 30, 1978. Nike has various products which include footwear as well as other apparel that compliment the former. This accounts for 92 percent of the company’s revenue. The other 8 percent comes from equipment and non Nike brand products, such as ColeRead MoreNike, Inc. Case Analysis844 Words   |  4 PagesNIKE, Inc., is a company that was founded in by William Jay Bowerman and Philip H. Knight in 1964, and was originally called Blue Ribbon Sports, Inc. It’s name was changed to Nike, Inc. in 1971. It’s base of operation is located in Beaverton, Oregon. NIKE, Inc., is the world’s leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activitie s worldwide. Entirely owned Nike subsidiaries include Converse

The Effects Of Smoking On The Uk - 1065 Words

As more of us become aware of the dangers of smoking, the percentage of smokers in the UK has fallen from around 50 per cent of the population in the 1950s to 25 per cent in 2003. Even with this fall in the number of smokers, it s estimated that cigarettes were responsible for more than 1.2 million deaths in 2000 in the European region of the World Health Organisation. In the UK, smoking is responsible for around one in five deaths. The illnesses caused by smoking extend beyond the well-reported links with cancer, heart disease and respiratory illnesses. Smoking can cause impotence, ulcers and fertility problems and it s doesn t just harm smokers. Passive smoking causes lung cancer and is linked to cot death, glue ear and asthma in†¦show more content†¦A Scottish study of teenage girls found that smoking was part of an image cultivated by the girls who were seen as leaders of their groups. Smoking went along with wearing short skirts, jewellery and make-up. In contrast, a study by the World Health Organisation found that the 11 to 15 year olds who were most likely to be smokers were lonely, had difficulty talking to parents, had problems at school and had started drinking alcohol. How we learn to smoke Health psychology looks at the complex array of biological, social and psychological factors that influence our health and illness-related behaviour. Smoking is a biological addiction, with nicotine as addictive as cocaine and heroin. However, there is more to being hooked on cigarettes than the physical addiction to nicotine. When people want to quit, they also have a psychological habit to break. Social learning theory describes how we learn by example from others. We are strongly influenced by our parents, and other people we look up to, such as peers, actors and pop stars. This can lead us to emulate their behaviour and try smoking. There is an almost immediate effect on our brains with those first cigarettes, so we keep smoking to get this reward. Later we learn to associate smoking with other activities such as drinking coffee, going to the pub, etc. We can become conditioned so just the thought of the activity triggers the need for a cigarette,

Art Gallery Review free essay sample

I went to the Erotic Heritage Museum in Las Vegas, located on 3275 Industrial road (major cross-street Desert Inn) which opened in August of 2008. At the museum it holds, erotic art, exhibits, different timelines and a lot of illustrated history of erotica. There were many tasteful pieces of artwork, whether it be painting, magazine covers, posters, figures, and sculptures. I was also very excited to have actually seen the piece called â€Å"Venus of Willendorf† that is featured in our book on page 164. I took my time looking at all the different pictures to see which I would choose from to write about. Then I observed one, it was untitled, made in 2008 and the artists name is Fang. I did research on the artist and did not find much on her other than the fact that she is called â€Å"The ugly artist†. Fangs paintings have a BDSM feel for them and use acrylic on canvas. We will write a custom essay sample on Art Gallery Review or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The particular picture I seen was of two beautiful women, one was dominant and the other a submissive. Both women had contour lines to show their figures off. Most of the colors were very vivid and had high intensity in it. The dominant woman wore a under bust patent leather type of corset with attached panties, and matching knee high stiletto boots. The submissive was totally undressed except for a shiny red o ring posture collar. The dominant woman had spider web tattoos on each shoulder that a spider connected to underneath her neckline. Both women had beautiful long flowing lines of black hair, with blue highlights. Bright red lipstick on both women and dark smoky eye makeup. The dominant woman’s facial expression was of confidence and superiority, while the submissive woman looked upwards as if to gain a sense of approval. The second picture that caught my eye was in the elevator going to the second floor. It is called â€Å"Love is an elevator†. It was a photograph on canvas and was done by a man named Richard Rasner. This picture was like a grid pattern due to the elevator setup and was very low intensity on the colors. It was mostly different shades of browns and light brown with hints of red. The picture was taken of the inside of an elevator with a female standing in front of a mirror that was inside the elevator with the door open as she looked back at the opening. She was gorgeous and seductively staring as if she was trying to lure someone into the elevator with her. She wore black lingerie and thigh high stockings. The painting was donated a year after the opening of the museum and didn’t have much more information. I did find out the same title â€Å"Love is an elevator† is a song by the rock band called Aerosmith. Another lovely painting I was drawn to on the second floor of this huge museum was by Fried Pa’l. He is known for painting beautiful nude women with oil on canvas. The colors of this piece are neutral, and low intensity browns throughout most of the painting. It shows this beautiful, confident, yet flirty woman lying on a neutral colored background of saturated colors. Her figure has contour lines to define her body shape. She has pale colored skin, light pink nipples, light golden brown hair which she has one of her hands in. Her makeup colors are turquoise eye shadow, and coral colored lipstick. Her expression says to me â€Å"I know I am beautiful, and you desire to be with me†. Even though you said to only do three I saw another picture definitely worth writing about. It was simply painted pink and white with acrylic on canvas, no title and not signed. However it was donated to the museum by Ron McCallister when he passed away. Ron McCallister was Walt Disney’s best friend. If you look at the pictures Walt Disney has done, he always puts light bubbles everywhere in his art and you can tell his brush strokes. He wasn’t the best artist and this picture definitely could be his work. It was a picture of a pink male penis on the left of the painting and on the right was of an open mouth with the tongue on the tip of the penis. This is said to be the only erotic art Walt Disney has ever produced because he knew his best friend was into erotic art. Overall my experience at the Erotic Heritage museum was very pleasant, nothing too distasteful. I found this place to be comical, and a great place to get knowledge about sexual behavior. There were many different pictures and news clippings, and information on the erotica. There were lots of statues and old art showing different cultures views on sex. There were different views of women’s vaginas on the walls and also homosexuality views as well. I also saw the first â€Å"vibrator† as we call it today but back then it was the fifth electronic appliance. I enjoyed all of the art that I reviewed about for all the uniqueness of it overall. Throughout the whole two floors of the museum I was not disgusted by any of it mostly because I have a very open mind and think â€Å"outside the box†. It all was displayed very well throughout the museum and all of the staff was very helpful.