While establishing these policies is a step in the right direction for Nike, the difficult task at hand will be the implementation of the aforementioned goals of the new labor initiative to ensure the success of the program. The financial statements suggest a strong company whose stocks are not undervalued, but with the potential of exploding higher having shown sustained strengths when the Europe, American, and Chinese economies were at the brink of disaster.
Nike is a business in order to run a successful business one must abide by good business practices including respecting Economies of scale generally refer to the cost advantages that will be associated with large organizations.
The key to understanding Economies of scale and Diseconomies of scale is that the sources vary. The desire to prevent situations such as these from continuing to occur, we have initiated a more aggressive program to review product collaborations that are outside of our core basis of products.
In recent years the speed that globalisation is growing at has increased massively and the impact is seen most greatly on developing economies. This presents a weakness.
Newness of Facilities - Weakness Our facilities abroad have attracted bad publicity in recent years. An example is the decrease in brands made available due to declining sales of in-line skating and roller hockey products at Bauer Nike Hockey. Marketing Audit of Nike Inc.