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discuss the primary assets held by Nike Inc
Nike, Inc. (play /'na?ki?/; NYSE: NKE) is a major publicly traded clothing, footwear, sportswear, and equipment supplier based in the United States. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area. [ It is the world's leading supplier of athletic shoes and apparel[3] and a major manufacturer of sports equipment, with revenue in excess of US$18.6 billion in
its fiscal year 2008 (ending May 31, 2008). As of 2008, it employed more than 30,000 people worldwide. The brand alone is valued at $10.7 Billion making it the most valuable brand among sports businesses.[4] Nike and Precision Castparts are the only Fortune 500 companies headquartered in the state of Oregon, according to The Oregonian. ]
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Asked 6/5/2012 12:20:34 PM
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discuss the primary assets held by Nike, Inc
Weegy: How much to charge for a product is one of the most important decisions facing managers. Pricing decisions involve more than the number on the price tag. [ [ They also involve discounts, markups, and delivery terms. The pricing decision can be simple if the product is similar to others in the market. Here the firm sets the selling price roughly equal to the market prices of competing products. But if the product has features that make it different from competing products, or if it is an entirely new product, then the decision is much more difficult. Should the product be priced to earn immediate profits or long-term profits? Should price be based on demand or on cost factors? Would a higher price or a lower price earn greater total profits? Do buyers believe price is a direct indication of a product quality? Should one model of the product be priced in relation to a slightly different model? ] ] (More)
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