Business Assignment 6 Essay Example | Topics and Well Written Essays - 750 words

Business Assignment 6 - Essay Example Teams are formed with organizations to address specific issues, challenges, or problems. Members of a team should therefore be individuals who are aware of the problems or the needs of the group and are as well willing to contribute in finding the solution as well as making the situation better than it already is. If an organization has a financial crisis, for instance, accountants, economists, financial analysts and others who understand the organization’s financial trends should form the core of the team. Knowledgeable people enhance understanding of the team and hence smooth meetings (Dyer & Dyer, 2013). The most important aspect of a team meeting should be what the members are supposed to discuss in those meetings, the agenda. Agenda setting is the second step for team meeting management. With an agenda well set, team meetings are half on course of delivering their mandates. Team meetings should have agendas that are specific, measurable, attainable, realistic and time bound to deliver instantly (Dyer & Dyer, 2013). A team should comprise of individuals who are ready to work both for themselves and for the other members of the team. Team members, therefore should bear tasks and responsibilities that aid in the accomplishment of the objectives of the team (Kayser, 2011). Not all the activities of the team can be left to specific individuals, but each team member should at least contribute to those activities. Either, communications and contributions in meetings should allow for the participation of at least the interest of every member. In the formulation of the agenda for any committee meeting, time should be a factor worth a critical consideration. Too long meetings or too short meetings barely deliver amicable solutions to organizations. In addition, the best times for meetings are when the members are fresh in mind and ready to contribute. Time management contributes to the quality of the meeting

Marketing plan for Nike (running shoes) Coursework

Marketing plan for Nike (running shoes) - Coursework Example Since the inception of Nike Company, the firm has been able to expand its market base to different parts of the world. Despite the increasing levels of globalization which results from liberalization of markets, efficient flow of information, and integration of economies, the firm has been able to maintain its strong competitive base. This is through the use of audio, visual, and print media in order to reach its target customers (Lamb, Hair, & McDaniel, 2012). Nike competitive advantage in the market are based on its strong goals which are to carry out on its legacy of innovative thinking whether is through developing products that will help athletes reach their potential or even to create a business opportunity that provide values to its shareholders. The company has an objective of helping the athletes unleash their potential irrespective of their background. Moreover, the firm focuses on improving the lives of less fortunate through participating in corporate social responsibility. Nike has been able to improve its competitive advantage through diversifying its markets. For instance, the company has positioned its running shoes strategically in the Europe and American markets (Lamb, 2012). This provides the company with a reliable source of revenue, an aspect that has enabled it to create a barrier of entry to other interested investors. Nike’s corporate strategy focuses on innovation and research. Over the years, the company has invested heavily on innovating new products through intensive research. This has enabled the firm to come up with innovative running shoes that helps in eliminating injuries and enhancing the comfort of the athletes. In addition, the strategy focuses on expanding the operations of the business in different parts of the world. Over the years, the firm has expanded to different markets across the world. This has reduced the risks and uncertainties associated with concentrating on a single market. The company’s business strategy