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Role of technology in sport
Role of technology in sport
Role of technology in sport
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Nike+Ipod Product: The innovation between music and athletic The world nowadays, there are lots of new events about health care issue and people are now focusing more about their own health. People started to exercise more in order to keep them healthy. It is to be ready to face with anything in their life every day. While in the other side of the thought, technology is growing very fast. It makes people somehow stick with the technology. The technology itself pulls the people’s attention to it and leads them to care less about doing exercise. For example, computer, tablet, or smart phone now becomes the other part of human needs in order to live in everyday life. There are two corporations that actually rules the world in there different areas of businesses, Nike and Apple. Nike owns over 80% of the U.S.’s 2.6 billion dollars basketball market and its share is also growing every year while comparing to the main competitor such as Adidas whose share of the market is still about 14% (Toh, 2012). How does it correlate between sports and music? The interesting thing is that, we can see some correlation between those two areas sports and music. The picture that we usually see is that people listen to the music while they are exercising, especially running. What would you think if there is a product that could correlate those two things in different areas together in between technology and sport wear? If there is an innovative technology that people can use together with the exercising activities to makes it more comfortable while it can motivate the users to do exercise by music together with interesting features in the gadget. Nike and Apple had making it. But how do they choosing the right partner in order to success in the partne... ... middle of paper ... ...om the imagination that needs to combines those two experts from each areas to make the innovative product become true. Also I've learned that, even these companies are such a big companies worldwide and seems that they don't really conflict between each other but the problem in alliances can happen anywhere in the operation process such like the conflict between their designers team. In order to strengthen the performance of the company in specific task, sometime the company needs to get some help from the other company to fulfill the operation. The alliances has its own life cycle and will not stay long forever. From that reason, the company that consider whether to do the alliance or not might need to be careful and think more about the framework, plan, and financial split before doing any alliances because one day, our partner can become our competitor anytime.
How can firms minimize or manage the bumps, hurdles, or conflicts that often occur when firms join together in an alliance or partnership?
Athletes are a big part of the business community. The media exposure athletes receives cause them to be perceived more as celebrities. It causes them to have a greater impact in the marketing and selling of products. For instance, the tremendous amount of media coverage that Michael Jordan received gave him a prominent role in the business world. Athletic companies and various kinds of businesses wanted him to endorse their products. Now, because of his Nike endorsement, the athletic apparel and shoe industries are a big part of the American economy. Through endorsements companies now look upon athletes to strengthen their products. In most cases, this method is usually successful. This gives an overall boost to the economy, hence fortifying athletes’ significance.
Many people are spending their leisure times behind computers and tablets than they are being physically productive. Although, most of the new technologies have had many benefits to the advancements in the way in which we function efficiently in the world today; it also has contributed to the sedentary lifestyles for many adults and children. A world before technology, included children playing activities outside and adults engaging in these activities with their children. Technology should be limited to ensure that we are all getting an adequate amount of social interaction, that children are being properly educated and to help reduce the continuing growth of obesity in America.
The world is changing with the advancement of technology. People in our society, including teenagers, adults, and elders addicted to computers, television, cell phones, videogames, and cars. This addiction is making them sedentary. Going back in history, the human body is made for hunting, farming, and household work but the advancement of technology is making us sedentary. The sedentary lifestyle is leading increase in chronic health conditions and higher all-cause mortality. Human body is reacting to this change in nature, by being less immune to numerous chronic health conditions.
Consumers must be aware of the changes that might occur in Nike through media and social awareness
Apple Incorporation is one of the largest organizations dealing into Information Technology. Apple has a host of products ranging from Laptops, Desktops, Mobile Phones and Multimedia Devices. The company has been extremely innovative in the field of multimedia and it owes it success to one of the greatest innovators, Steve Jobs. The company has always believed in innovation and that is the major reason why it has been so successful in the mobile phone segment. In recent years Apple is second only to Samsung in the Global Mobile Phone industry. However the operations have been largely based in the United States and in times of recession any organization needs to focus on economies of scale and thus focus on growth opportunities like Diversification and Market Development. This report will illustrate new market entry strategies for Apple for entering Australia.
Nike has a responsibility for the working conditions of their employees who produce Nike products. In cases of multinational companies, the question of whose ethics and standards to follow is in dispute. Best judgement and reasoning and a combination of the countries’ standards combine to decide on appropriate treatment. In Nike’s case, as part of their strategy, they moved work overseas to save on labor costs. However, the employees still work in Nike factories making Nike products, and Nike has responsibility to protect their working conditions and workers’ rights. They should guarantee workers are being paid fairly according to the minimum wage, ensure their overseas factories comply with child labor laws, and certify the working conditions
With the recent popularity and introduction of various products such as the Fitbit, Garmin’s Vivoactive, and Android’s smart watches, Apple releasing the Apple Watches definitely kept up with the smart watch trend. The Watch’s massive presence in the market has allowed it to not only match many of the qualities of other watches, but in a way surpass them with the apps, and marketing programs it has implemented into the design and functionality of the Watch.
Many global companies like Nike, Inc. are seen as role models both in the market place as well as in society in large. That is why they are expected to act responsibly in their dealings with humanity and the natural world. Nike benefits from the global sourcing opportunities, therefore areas such as production and logistics have been outsourced to partner companies in low-wage countries like China, Vietnam, Indonesia and Thailand. As a result the company is limited nowadays to its core competencies of Design and Marketing.
INTRODUCTION NorthPoint Large-Cap Fund, from the NorthPoint Group, invests mostly in Fortune 500 companies with an emphasis on value investing. Generally it invests in old-economy stocks and it has been doing really well in the past year of 2000 (return of 20.7% even as the S&P 500 fell 10.1%). Kimi Ford, a portfolio manager at NorthPoint Group, is considering buying some shares for the fund, a week before she began her research Nike Inc. decided to host an analysts’ meeting to show their 2001 fiscal results. However, this meeting had another purpose other than just providing information about their fiscal results, the meeting was also to communicate a new strategy to revitalize the company by developing more athletic-shoe products at a mid-price range.
Before the alliance the two firms were in totally different market and they were also in different country but the industry was of same type. Both of the firms were aware about their future plan and lacking.
All in all, the rise of the fitness industry has impacted almost everyone in America, whether it means being more health conscious, body conscious, or fitness-a-phobic. This new fitness movement, if it continues growing at the rate it has been, will keep coming out with innovative ways to motivate the unmotivated into leading more active lifestyles. Ultimately this will lead to an American public that enjoys longer, healthier lives.
Nike is a very large brand, due to its size its target consumer is usually very broad. The brand motto is “Just Do It” which is meant to target ordinary people, showing that anyone can be an athlete and encourage health. This links it back to the Health Conscious City Dwellers as some of them do not necessarily exercise regularly but the NikeFuel bracelet makes exercise a part of the consumer’s everyday activities. Nike is usually associated with achievers, they endorse elite athletes in order to reinforce this ideal but also utilize the idea that it is possible for anyone to achieve greatness with the right amount of work. The NikeFuel’s slogan is “Motivation on your wrist”, sticking with Nike’s ideals of always encouraging
We all know the slogan, "Just Do It," that Nike developed to sell its products. But just do what?
Suppliers are the parties that will supply goods and services to the company in continue basis while alliance are the parties that provide the skills and capabilities to a company. AEON has many suppliers from different places and countries. They built a strong trust relationship between the company and suppliers. This can ensure that AEON will be source by quality and quantity products and services all the time. By this, the variety of stocks in Aeon is enough to be offer to their customers. Besides that, this can also ensure the products and services of AEON are in good quality in order to maximize the satisfaction of