This article reads like a press release or a news article or is largely based on routine coverage or sensationalism. Please expand this article with properly sourced content to meet Wikipedia's quality standardsevent notability guidelineor encyclopedic content policy. June Social media has a range of uses in political processes and activities. Social media have been championed as allowing anyone with an Internet connection to become a content creator  and empowering their users.
Public Domain Nike Inc. In the case of Nike Inc. As one of the major firms in the global sports shoes, apparel and equipment market, Nike Inc.
To maintain its position in the athletic shoes market, Nike Inc. Stable political climate in most major markets opportunity Expanding free trade policies opportunity Improving government support for infrastructure opportunity Stable political conditions in most major markets present opportunities for Nike to grow its business in these areas.
Also, expanding free trade policies facilitate better market penetration overseas. Moreover, improving government support for infrastructure, especially in developing countries, gives Nike more opportunities to expand its operations in these markets. Economic Factors Important to Nike Inc. The company also has opportunities to rapidly grow by increasing its operations in high-growth developing countries.
Increasing individual wealth in developing countries opportunity Increasing emphasis on Nike social factor safety opportunity Improving positive attitudes about leisure opportunity In developing countries, Nike has opportunities to tap consumers with increasing individual wealth.
Also, the company has opportunities to develop safer products and use marketing campaigns that highlight the safety of its sports shoes, equipment and apparel. Nike can also adopt new product development strategies to address needs for products for leisure activities.
The following technological external factors affect Nike Inc.: Rapid technological obsolescence also threatens Nike by putting pressure on the company to increase its product development efforts. Nonetheless, this external factor provides opportunities for Nike to integrate advanced technologies in its products.
In relation, the company has opportunities to integrate mobile technologies in its products to capture consumers who frequently use mobile technologies, such as mobile apps and online tools. In the case of Nike and its sports shoes, apparel and equipment, the following ecological external factors are notable: The company also has the opportunity to use these programs to address climate change, which affects supply chains and the appropriateness of Nike sports shoes and apparel in certain regions.
The increasing sustainability strategies of firms threaten Nike by imposing more pressure for increased sustainability efforts throughout the industry. Nonetheless, this external factor provides the opportunity for Nike to further improve its sustainability standing.
However, this external factor also provides an opportunity for the company to apply higher standards for labor and employment. In addition, Nike has the opportunity to improve its brand image by highlighting customer satisfaction in marketing its sports shoes, apparel and equipment.
Similarly, the company has opportunities to improve its health and safety measures to address expanding health and safety regulations. It is recommended that Nike must pursue a more aggressive approach to international expansion based on free trade policies, with focus on high-growth developing countries.
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Social media marketing is the use of social media platforms and websites to promote a product or service. Although the terms e-marketing and digital marketing are still dominant in academia, social media marketing is becoming more popular for both practitioners and researchers.
Most social media platforms have built-in data analytics tools, which enable companies to track the progress, success.
Nike is a phenomenal brand with high-quality products and a strong management team. However, growth prospects are relatively limited, with material margin enhancement unlikely due to the already.
Social factors affecting business include buying habits, education level, and religion. Two examples of the impact these factors have on leading companies. Menu. Reacting to the social factor can help Pepsi cash upon the . (Pestle Analysis Of Nike Macro Environmental Factors Business Essay, ) Economic Factors Nike bears the responsibility of being a major world manufacturer of sports footwear and apparel and generated revenue of US$ billion in The success of NIKE, Inc.
is deemed miracle by professionals on both Wall Street and Madison Avenue. Research done in the past tends to credit the growth of NIKE, Inc. to its marketing strategies. By placing the achievement of the company in the postmodern context, this study analyzes the cultural.