Tuesday, December 31, 2019

Nike- an Ecnomic Report - 3357 Words

CHAPTER 1: COMPANY BACKGROUND Nike is the world s leading designer, marketer and distributor of athletic footwear, apparel, equipment and accessories for a range of sports and fitness activities. Nike is headquartered in Beaverton, Oregon and owns facilities in Tennessee, North Carolina and The Netherlands. The company operates in the Americas, Europe, the Middle East, Africa and Asia Pacific. Nike’s primary product focus is athletic footwear designed for specific-sport and/or leisure use. Nike is the world s largest supplier of athletic footwear, with an estimated share of 50% of the $20 billion market. Sports apparel and equipment are also sold under the Nike banner. Nike is classified under the Footwear manufacturing and marketing†¦show more content†¦Barriers to Entry: The athletic footwear industry is a very competitive and mature market. The leaders of this industry are very well established. Leaders like Nike, Reebok, and Adidas have made the industry what it is today. In order to have an edge over the leaders, companies must be able to compete at all levels such as reasonable pricing, efficient production, and high product quality. These things are difficult to achieve without the resources of an established manufacturer. Another key barrier to entry is the access of traditional distribution channels. Lesser-known brands are viewed by retailers as b eing too risky to replace an established brand name like Nike or Reebok on the shelf. Thus, high startup costs, lack of distribution channels, brand equity and cutthroat environment hinder the entry of new competitors. Non Price Competition: In a monopolistically competitive market like that of footwear industry, there is just a slight difference between the products manufactured by various companies such as Nike, Reebok, Adidas, Puma etc., and hence the companies rely heavily on non price competition. They mainly use advertising to flaunt their products and try to get consumers to buy their product over another. The goal of product differentiation and advertising (non price competition) is to make price less of a factor in consumer purchases and make product differences a greater factor. There is a lot of non price competition

Monday, December 23, 2019

Proposal Tax Policy For A New Er Promoting Economic Growth...

In Kevin Milligan’s proposal Tax Policy for a New Era: Promoting Economic Growth and Fairness, a dual income tax system has been introduced that would boost economic growth and increase tax fairness. The new system contains a single, low rate on all capital income, coupled with a higher top tax bracket on wages. This essay, however, will focus on analyzing Miligan s arguments in reforming the tax system. In this report, Milligan mentions two trends that raise concerns for current Canadian tax system. The first one is the increasing income concentration. More and more money was earned by relatively small portion of people. This has triggered some equity issues because the proportional tax that high earners pay does not higher that those†¦show more content†¦To reform the system, there are three steps. First, the tax base should be cleaned: focusing on taxing labor compensation stocks and cutting unnecessary tax costs such as tax credits. Compensation can be divided in to several options including employee stocks and wages etc. Now if stock options are tax exempted, people are likely to choose stocks instead of salaries. Therefore tightening employee stocks tax can prevent tax avoidance and lead to efficiency. Besides, cutting tax credits can save huge amount of revenue for government. However, he mentions that high salary earners tend to have high responsiveness in terms of rising tax. Now if they cannot find a way to avoid taxation of their compensation, it is more likely for them to ask for higher compensation (in this case, more stocks) from their companies. Once companies agree to increase the amount of their stocks, this tax on stocks is ineffective because income of high earners will remain unchanged. Another critic here is that politically speaking, tax credits can be considered as strong instruments to attract voters’ support. Simply reducing tax credits could collect extra revenue, however parties may not want to sacrifice their v ote-getting techniques. Therefore the dual tax system may not gain support from politicians. Second, in terms of simplifying the capital gain tax, Milligan suggests a flat-rate tax should be established and with a range between dividend and capital income

Sunday, December 15, 2019

TRash Free Essays

Individualistic cultures- cultures that tend to emphasize the Individual, his or her success and achievement, and a sense of â€Å"l†- In contrast to collectivist cultures that emphasize group membership and a sense of â€Å"we† 6. Collectivist cultures- cultures that tend to emphasize group membership and a sense of ‘*we† rather than in contract to individualistic cultures 7. Bilingual education- a curriculum for non-English-speaking and English-speaking students in which two languages are used for instruction and bicameralism is emphasized 8. We will write a custom essay sample on TRash or any similar topic only for you Order Now Limited English proficient- a designation for students with limited ability to understand, read, or speak English and who have a first language other than English . Multiculturalism- a set of beliefs based on the importance of seeing the world from different cultural frames of reference and valuing the diversity of cultures in the global community 10. Ethnicity- a shared feeling of common identity that derives, in part, from a common ancestry, common values, and common experiences 11. Race- a concept of human variation used to distinguish people on the basis of biological traits and characteristics 12. Molesters- groups of people who share certain characteristics and are smaller In number than the majority of a population students and Hispanic, African American, etc students 4. Stereotyping- the process of attributing behavioral characteristics to all members of a group 15. Individual racism- the prejudicial belief that one’s ethnic or racial group is superior to others 16. Institutional racism- institutional racism policies and practices, intentional or not, that result in racial inequities 17. Affrication schools- schools that focus on African American history and cultures for African Americans 18. Indian education act of 1972 and 1974 amendments- a federal law and subsequent amendment designed to provide direct educational assistance to Native American tribes and nations 19. Bicameral- the ability to function effectively in two or more linguistic and cultural groups 20. Multicultural education- education that provides equal educational opportunities to all students- regardless of socioeconomic status 21. Multicultural curriculum- a school curriculum that addresses the needs and backgrounds of all students regardless of their cultural identity and includes the cultural perspectives, or voices, of people who have previously been silent or marginalia 22. Sex role stereotyping- beliefs that subtly encourage males and females to inform to certain behavioral norms regardless of abilities and interests 23. Sex role colonization- socially expected behavior patterns conveyed to individuals on the basis of gender 24. Women’s educational equity act- a 1974 federal law that guarantees equal educational opportunity for females 25. Gender bias- subtle bias or discrimination on the basis of gender; reduces the likelihood that the target of the bias will develop to the full extent of his or her capabilities 26. Gender-fair classroom- education that is free of bias or discrimination on the basis of gender. How to cite TRash, Papers

Saturday, December 7, 2019

Budget free essay sample

Here you should describe how you arrived at your sales forecast in section 2. 1. You should also provide any detailed calculations that led you to the sales forecast values. You should also summarize any research or figures that led you to make this sales forecast. Note: your description of assumptions should also include a reference to an authoritative, outside (non-text, etc. ) resource cited in â€Å"Section 6. 0 Works Cited†. Here you should provide a screenshot of your capital expenditure budget, also listing the sources of data and assumptions that led to each line item in table format. Briefly describe the total investment and, if necessary, why major items are necessary to achieve the company’s strategy. Note: on the internet, you can research â€Å"capital expenditures† in the Internal Revenue Code – not on the IRS website – and that will help you identify the types of expenditures that should be distinguished from other expenses. From there, you can research the internet for examples of capital expenditure budgets to get an idea of the formatting or review the examples at http://office. We will write a custom essay sample on Budget or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page microsoft. com/en-us/excel-help/ Briefly describe the NVP, IRR, accounting rate of return, and payback period for all 5 years of this analysis. Indicate the discount rate you used, and how you arrived at it. Note: your description of assumptions should also include a reference to an authoritative, outside (non-text, etc. ) resource cited in â€Å"Section 6. 0   provides examples of each of the Section items required below, so review those examples and tutorials very carefully to ensure maximum points.