Question

In: Operations Management

What is the decision making process at Nike like?

What is the decision making process at Nike like?

Solutions

Expert Solution

As a leading manufacturer of sports products, Nike must use efficient and effective management to make decisions that best fit the company. Decisions need to be based on consumer needs and want in order to sell the apparel, shoes, and equipment. This is done by looking at the facts. Nike knows what the consumers are looking for and therefore can develop a thought out process to get the product out there. In doing so, managers of Nike practice 10 strategic decision-making steps to improve productivity. The following variables aid Nike’s managers in operations:

  • Considering Nike is a brand that creates footwear and athletic apparel, the design of goods and services is the first major focus. Management deals with business goals and designs based on current market preference.
  • Second, Nike is big on quality management. As many know, Nike is a bit pricey. This is because individuals and groups want to satisfy customer expectations and keep the quality high.
  • Next, process and capacity design is a strategic decision to help with product efficiency.
  • Location is an important factor in the process as well because cost advantage is a factor.
  • In addition, HR, maintenance, scheduling, inventory and supply chain management are also primary factors that Nike must consider when making decisions.

Related Solutions

What are the steps in the consumer decision making process
What are the steps in the consumer decision making process
What is advocacy and inquiry approach in decision-making process?
What is advocacy and inquiry approach in decision-making process?
What is the difference between the buying process and consumer decision making?
What is the difference between the buying process and consumer decision making?
what is the role of behavioral economics in the business decision-making process, what is the role...
what is the role of behavioral economics in the business decision-making process, what is the role of a consultant please be thorough in your answer
Decision making can be viewed as an eight-step process, use these steps in making any decision....
Decision making can be viewed as an eight-step process, use these steps in making any decision. Please use your own example and do not take the examples from the PowerPoint presentation (buying a car or a computer)
Explain the WH process of ethical decision-making.
Explain the WH process of ethical decision-making.
Consumer Decision-Making: Describe the process of consumer decision making for either hospital services or insurance services....
Consumer Decision-Making: Describe the process of consumer decision making for either hospital services or insurance services. What are the keys elements that influence choice? Consider family, friends, culture and sub-culture, social class, etc. in your answer.
With the importance of budgeting in the management decision making process in mind. What advice would...
With the importance of budgeting in the management decision making process in mind. What advice would give to a friend who expresses an interest in starting a new business?
Discuss the buyer decision-making process in detail. What is an ‘evoked set’, and why is it...
Discuss the buyer decision-making process in detail. What is an ‘evoked set’, and why is it crucial to brands when consumers are making purchase decisions?
What environmental factors and risks must be considered in the company's decision-making process?
What environmental factors and risks must be considered in the company's decision-making process?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT