Nike: How Political Factors Affect Nike?

NIKE :-

It is an American multinational corporation that is engaged in the design, development, manufacturing and worldwide marketing and sales of footwear, apparel, equipment, accessories and services.

Rewards of company operating globally:-

● promote environmental sustainability by "decoupling" growth from "constrained resources."

● ensure ethical sustainability by monitoring and regulating international labor forces.

● increase revenue profits by increasing global market share.

● generate market share increase. develop job creation.

● cultivate global potentialities for meeting challenges.

Risks of company operating globally:-

● Social discord impacts market performance, market confidence and sustainability.

● The global economy affects

● New or improved clothing technology/fabrics/designs could result in new product lines or divisions.

Nike:-

How political factors affect Nike?

● Studies show that Nike has earned high profits from the growth orientated policies of US government.

● The policies maintained low-interest rates.

● Currency exchange stability and internationally competitive tax arrangements were also maintained.

● The company has also benefited from government initiatives in terms of transparency in the global value chain.

Political strategies for conducting international business:-

● Identifying the issue (e.g. protectionism, environmental standards, human rights, workers rights, etc.)

● Political situation of a country

● Assessing the potential political action of other firms.

● Formulation of strategies (objectives, alternatives)

● Determining the impact of implementation (both in home and host countries)

● Selection of the most appropriate strategy and implementation.

Positives of globalization:-

● Cheaper prices of product

● Better availability of products and services

● Better understanding of foreign values

● Access to international aid and

● Change is cultural, demanding an ever-upward focus on quality improvement.

● Quality cycle management isn’t just about measuring where you are today; it’s about where you will be tomorrow as measures evolve.

Mitigating risk in healthcare:-

● To manage the quality cycle, providers need actionable intelligence on their performance across a range of measures down to the individual physician level.

● Federal policy is needed to develop and test measures to determine if they are understood by consumers, as well as their ability to assess functional health, risk, patient experience, and total costs.

● Providing healthcare executives with an optimal level of visibility across their quality performance measures.

How changes during past altered the perspectives of global business:-

● Democratic regimes are probably more conductive to long term economic growth than totalitarianism.

● Despite the volatility in economic growth, the last two decades have witnessed large increases in global income and in levels of international trade in goods and services.

● Many protective barriers have been removed, such that competition between nations and companies is more fierce than in previous