Organization Behavior
NIKE Marketing Analysis
Business environment consists of numerous factors and forces that impact the business organizations' ability to operate competitively and profitably in their industry. These forces exist at both micro and macro levels and require the business organizations to show quick response to the uncertainties and complexities which may arise in the business environment from time to time (Cadle, Paul, & Yeates 2010). These forces impact each and every aspect of the business operations like marketing decisions, segmentation, targeting, and positioning strategies, consumers' buying behavior, marketing or promotional activities, and others (Lamb, Hair, & McDaniel 2012). This paper presents a report on the marketing analysis of Nike, Inc. -- a well-recognized brand in the clothing, sportswear, and footwear manufacturing industry of the world. The major sections include; impacts of micro and macro environments on Nike's marketing decisions, the segmentation criteria which it uses in different markets, the targeting strategies for selected products and services, impacts of buyers behavior on its marketing efforts, and positioning strategies used for selected products and services.
ABOUT NIKE
Nike is the world's top market leader in sportswear, footwear, clothing, and equipments manufacturing. It was founded in 1964 by Bill Bowerman and Phil Knight as Blue Ribbon Sports and renamed as Nike in 1978. Headquartered in Oregon, United States, Nike operates in more than 160 countries and 6 Continents of the world. Its major product offerings include athletic footwear and apparel, sport equipments, and other sports-related products and services. It has also opened retail stores with the name of Niketown. Due to the quality, style, and reliability of its products, Nike has become the most appreciated sports brand in the world (Nike, Inc. 2012).
IMPACTS OF MICRO AND MACRO ENVIRONMENTS
Nike expends a huge amount on advertising and other promotional efforts for its products. From marketing planning to the marketing audit; each and every marketing decision which Nike makes is affected by the micro and macro environments which are present in its external business...
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Effect of External and Internal Environment Introduction Organizations have both an internal and external environment. To begin with, the forces or circumstances within the borderline of the organization are the components of the internal environment. Notably, the internal environment comprises for the most part of the owners, employees, board of directors, stakeholders, and the corporate culture. On the other hand, factors that are extrinsic to the organization are the components of the
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