Question

what is Nike inc core value, their strategic objectives and their financial objectives?

Answer 1

The core value of Nike is to form strategic teams that repeatedly work to achieve the innovativeness athlete wardrobe and equipment market. Moreover, Nike also values the vision of Nike to maintain a sustainable economic policy to balance people, profit, and the planet. Apart from adding value in the mission and vision, the core value of the company is to develop a strategy for the betterment of the community, environment, and cultural aspects of target consumers.

Strategic objectives of Nike are as follows:

• To build a partnership with stakeholders to maintain a steady workflow

• To share best practices in the organization to keep the core value

• To create a stable relationship with the government organizations and legal bodies to balance between business activities and legal terms

• To develop an effective supply chain management

Financial objectives of Nike are as follows:

• To maintain its revenue growth between 7% to 13%

• To improve the EPS growth

• To maintain ROIC between 20 to 30

• To ensure the revenue growth higher than net income