Question: Strategic Analysis using Porter's Five Forces 1 . Discuss competitive advantage. Who are the main competitors today for Nike? Who will be competitors for Nike
Strategic Analysis using Porter's Five Forces
Discuss competitive advantage. Who are the main competitors today for Nike? Who will be competitors for Nike in the future?
Is there an opportunity for Nike to become a new competitor in an existing market, or to create a market?
Who are Nikes buyerscustomers
Discuss the psychographics of Nikes buyerscustomers and their strengths and weaknesses.
Discuss the geographic nature of Nikes buyerscustomers Are they local, national, global? How is their behavior impacted by the overall economy? What does this mean for Nike?
Who are Nikes suppliers for services, products, and materialsraw goods?
What are the risks and benefits of these suppliers?
What kind of resiliency do Nike suppliers have in both good and bad economic conditions?
What are the alternatives to Nikes products or services?
Are there other companies that can do it better, cheaper, faster?
Who are the newest entrants into the market to compete with Nike? What is their longevity and success?
How much of a rival Nikes main competitors?
What are the differences between Nike and their main rivals?
What aspect of business is the most important differentiator: price, service, quality, expediency?
Based on the more important differentiator, what kind of analysis and recommendations can be made for your Nike?
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