Answer these questions using Nike company as example, assignment help
Laws and regulationsWhat are some key laws and regulations under which this company and industry must operate?The economyHow does the state of the economy influence the sales of this company's products?TechnologyWhat new technologies strongly affect the company you have selected?DemographicsWhat changes in the population might affect the company's customer base?Social issuesWhat changes in society affect the market for your company's products?SuppliersHow does your company's relationship with suppliers affect its profitability?CompetitorsWhat companies compete with the firm you have selected? Do they compete on price, on quality, or on other factors?New entrantsAre new competitors to the company likely? Possible?Substitutes and complementsIs there a threat of substitutes of the industry's existing products? Are there complementary products that suggest an opportunity for collaboration?CustomersWhat characteristics of the company's customers base influence the company's competitiveness?
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