Sunday, November 24, 2019

I Love Nike.

I Love Nike. I love Nike.I'm not unique in my love for the company. I'm like the greater majority of Americans (increasingly humans) who look to the company for athletic footwear and attire. While I'm not in the growing group that has swooshified their entire wardrobe, I recognize as much as the next Fool that they own a dominant position in the world of sportin' shoes and apparel.I also love Nike's marketing program.The Company has designed promotions to establish its name as a stronger brand than the word America. Nike's advertisements have preached inclusiveness, merit, and spirit in a nation that doesn't always prize those.For instance, the Tiger Woods promotions have effectively waved a scolding index finger at country-club exclusivity in America. And these ads don't simply say, "Shame on you." They champion the idea that false authority, exclusivity and arrogance will get walloped by the qualities listed above the same qualities that are the Nike shoe, and shirt, and cap, and the swooooooo oooooooosh.Richard Foo, Collaboration Director, NIKE, Inc.I also love their income statement.Take a look at the positive business momentum over the past three years.1996 1995 1994Sales $6.5 bil. $4.8 bil. $3.8 bil.Earnings $550 mil. $400 mil. $299 mil.Net Margins 8.5% 8.3% 7.9%Here's another company whose sales are growing dramatically, but whose profitability is expanding at an even greater rate. Over the past two years, it has boosted net margins by over 7 1/2%. At that growth rate, in twelve years, Nike will be driving 20 cents in profit per dollar of sales. In the clothing and shoe businesses, the likelihood of extending margins that high are nil. But Nike's margin expansion over the past twenty-four months has been outstanding.Not surprisingly, the stock has also been a spinning slam-dunk over...

Thursday, November 21, 2019

Gig City Harbor Essay Example | Topics and Well Written Essays - 500 words

Gig City Harbor - Essay Example The selection of the potential suppliers shall be undertaken through the RFP. The selection committee shall list all the bidders and qualify them on a transparent criterion. All the eligible bidders shall be shortlisted. The selected bidders shall be the ones that have shown the ability to execute their duties in ways that meet the requirements of the project and also financially stable. The project team shall only use the RFP in selecting vendors. The RFP method allows the contractor to receive a variety of customized strategies in developing the project, thus, has a large pool from which to select a suitable vendor. Under the RFP method of vendor selection, the following procedure shall be strictly followed: The purchase orders and the relevant subcontracts shall only be awarded to the vendors and suppliers whose proposals have shown technical and commercial responsiveness to the bid documents following the criteria above. The budget planning for this project has been closely linked with Risk Management. Some of the risks, foreseen in the project include sign-off delays by the Gig Harbor City Council and the Tax Committee, a situation which may also delay the project take-off. This risk has been covered by the provision of extra working days. Other risks involve injury of the workers. The contingency budgetary allowances have been covered for this by providing medical services