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lora16 [44]
3 years ago
14

The global athletic footwear market is expected to experience only very slow growth over the next several years. Nike is the mar

ket leader. According to Boston Consulting Group portfolio analysis, how should Nike treat its athletic shoe business?a. Nike will probably have to invest heavily in the athletic shoe business, including extensive promotions and new production facilities.b. Nike should consider exiting the athletic shoe market.c. Nike's athletic shoe business still requires some investment but is likely to produce excess resources that can be invested in other divisions of the company.d. Nike should stop investing in athletic shoe business; it has already reaped all the benifits it is likely to receive.
Business
1 answer:
ludmilkaskok [199]3 years ago
3 0

Answer:

The answer is: A) Nike will probably have to invest heavily in the athletic shoe business, including extensive promotions and new production facilities.

Explanation:

Athletic shoe business is Nike´s cash cow, it can not afford the risk of not investing in it. Even if the market´s growth rate slows down there will always be serious competitors willing to replace them as No. 1 (Adidas). It is a very competitive industry all around the world. So the moment Nike lowers its guard, Adidas will attack them furiously.  

As the market leader Nike needs to constantly invest in new promotions and new technology. It has to fight to keep their share of the market growing, because once it reaches its zenith, then the only way to go is down. If Nike´s shoe business goes down, the whole company´s sales will go down since other business units are complementary to it.

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Read the scenario carefully and provide your response regarding the organizational structure and culture in the fictional organi
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Answer:

The response to the given question can be defined as follows:

Explanation:

This organizational structure is flat and also has a strongly attributed. Its flat culture gives experts the chance to be innovative and boost productivity. Its freedom to work or to work allowed its productivity to be enhanced. It kept them in touch with it and allowed them t stay tuned to a consultation environment. This change has caused confusion amongst this personnel and they are frustrated with the change. You've begun to approach the CEO. It indicates that they're not really happy and that the change is not welcomed. They have dismantled a whole manner for working. The company should communicate its objectives to its employees and also develop an acceptable way of working. All they need to grasp here is that before the new President has been hired, people already exist inside a specific method of work and culture. When the changes are required, an organization as a whole must be discreet and agreeable to enable the implementation easier. The manager should develop a seamless transition–

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It ensures the restoration of the inclusive community, as well as the manner of work and objectives, are altered still.

4 0
3 years ago
Hirshfeld Corporation's stock has a required rate of return of 10.25%, and it sells for $57.50 per share. The dividend is expect
butalik [34]

Answer:

Expected dividend will be $2.44

So option (b) will be correct option

Explanation:

We have given required rate of return = 10.25 % = 0.1025

Value of stock= $57.50

Growth rate = 6 % = 0.06

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We know that cost of stock is given by

cost\ of\ stock=\frac{D_1}{r_s-g}, here D_1 is expected dividend r_s is return ratio and g is growth rate

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D_1=$2.44

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3 years ago
What is the value today of an annuity of $6,800 per year, with the first cash flow received three years from today and the last
erma4kov [3.2K]

Answer:

PV   $61,399.0165

Explanation:

First, we solve for the present value of the annuity:

                 3rd year  > Annuity Start                    25th year end

<-----/----/----/----/----/----/----/----/----/......----/----/----/----/----/---->

     ^ Present day

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

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time 22 years (25 - 3)

rate 0.07

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Now, as this is 3 years from now so we make an additional discount from this lump sum:

\frac{Maturity}{(1 + rate)^{time} } = PV  

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