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Management decisions and control at Nike

   

Added on  2023-06-13

9 Pages2339 Words313 Views
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Nike
Management decisions and control

Management decisions and control 1
Contents
Executive summary....................................................................................................................1
Introduction................................................................................................................................1
Organizational Analysis.............................................................................................................1
Objective.................................................................................................................................1
Strategy...................................................................................................................................1
Organizational Structure.........................................................................................................2
Activities.................................................................................................................................2
Defining performance................................................................................................................3
Justification of the definition of performance............................................................................4
Reflective...................................................................................................................................4
Supporting evidence...................................................................................................................5
References..................................................................................................................................6

Management decisions and control 2
Executive summary
Nike creates products and services for today’s athlete. It is the mission of company to bring
inspiration and innovation to every athlete. This report includes introduction and
organizational analysis of Nike. The organizational analysis further includes objective,
strategy, organizational structure and activities. The definition of performance is also
discussed. Finally the definition of performance is justified by referring to the organizational
analysis.
Introduction
Nike is an American multinational corporation which manufacture and sell footwear, apparel
and equipment. Nike is the world’s largest supplier of athletic shoemaker; was found in 1962
by Bill Bowerman and Phil Knight. In this report we will discuss about the management
accounting system of the world’s largest athletic shoemaker company named as Nike.
Accounting information systems and organisations are directly related to each other.
Management of accounting system means to provide the information which helps managers
to take good decisions and make good business strategies. It helps in developing reports for
internal use by managers for making good decisions. In this report we will also discuss about
the organizational analysis and performance strategies for success of the organisation. We
will analyze the institutional and organisation influences on management accounting systems
of Nike along with the professional perception regarding operations of management
accounting systems.
Organizational Analysis
Objective
Nike is for-profit organisation; its first objective is to make profit for their shareholders. Nike
is world’s largest manufacturing of athletic footwear, apparel and sports clothes; the company
has stated that their aim is to bring inspiration and innovation to every athlete in the world.
The organisation has various objectives and aims, which involves nobility of the universal
operation in field of designing the product and they aim to manufacture exclusive products.
Nike also aims to save environment like by using less water and by reducing waste from the
material they use.

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