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Case Study: Nike SWOT and PEST Analysis
To showcase the practical application of academic analysis, let’s consider a case study of Nike and examine the company using Nike SWOT and PEST analysis case study techniques:
- Strengths: Evaluate Nike’s internal strengths, such as its strong brand image, innovative product design, and extensive distribution network. These factors contribute to its competitive advantage in the athletic footwear and apparel market.
- Weaknesses: Analyze internal weaknesses that Nike faces, such as potential labor controversies or dependence on third-party manufacturers. Understanding these areas helps identify opportunities for improvement and growth.
- Opportunities: Explore external opportunities that Nike can leverage, such as expanding into emerging markets, developing sustainable products, or capitalizing on digital marketing platforms.
- Threats: Identify external threats that may impact Nike’s business, such as intense competition, changing consumer preferences, or economic fluctuations. Understanding these threats helps in developing effective strategies to mitigate risks.
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