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3. Competition: The suggestions are made to differentiate Nike from its competitors and manage its aggressive benefit out there.
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5. Explicit Assumptions: The suggestions are depending on the belief that Nike will proceed to speculate in innovation, technological know-how, and sustainability, and that it will be able to adapt its small business product for the evolving market place landscape.
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Nike has long been actively innovating its small business model to adapt to the transforming current market dynamics. Key areas include:
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Leverage celeb endorsements and athlete partnerships: Collaborate with influential figures to reinforce manufacturer visibility and arrive at goal audiences.
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