Question 1
One of the major challenges that Nike usually experience while at the foreign market is massive competition from well established companies such as New Balance, Puma, and Adidas AG. It is obvious for any company to experience stiff competition, which may force it out of the business. Additionally, there are fake overflow of imitated products into the foreign market. Most fake products usually circulate in countries such as Taiwan, Vietnam, and China. Nike usually represents a higher consumer cost than other companies’ brands, hence the clients feel like the company overcharge them for the products.
Question 2
The Nike Company has introduced ...