Nike Cutting About 2% of Workforce

What is the primary reason for the company's consolidation of divisions?

• To cut product development staff

• To improve administrative efficiency

• To expand into new markets

• To reduce production costs

Which company's supply chain model is mentioned as a benchmark for fast response?

• Under Armour

• Zara

• H&M

• Adidas

What is the benefit of having a responsive supply chain?

• Increased product prices

• Longer product development cycles

• Faster market entry for successful products

• Reduced need for marketing

What is a significant challenge in Nike's R&D process?

• Managing retail stores

• Designing new apparel

• Creating marketing strategies

• Producing outsoles

Why is it important for companies to quickly introduce new colors in the market?

• To improve product durability

• To meet seasonal trends

• To reduce production costs

• To enhance customer service