Extended essay about economic Watch

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Ohmygod84
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#1
Report Thread starter 16 years ago
#1
I am doing an extended essay about economic. The topic is : Why nike
so successful? but I am stuck at this, because I can't find any things can
write about it, but I must do this topic, because I am running out of time.
can any professional people help me to think out some ideas.
Many thanks.
0
loftx
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#2
Report 16 years ago
#2
(Original post by Ohmygod84)
I am doing an extended essay about economic. The topic is : Why nike
so successful? but I am stuck at this, because I can't find any things can
write about it, but I must do this topic, because I am running out of time.
can any professional people help me to think out some ideas.
Many thanks.
What level are you talking AS or A2? also what topic is this part of, I dont remember anything like that in my A-level it sounds more like business studies.
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monkiwrensh
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Report 16 years ago
#3
(Original post by Ohmygod84)
I am doing an extended essay about economic. The topic is : Why nike
so successful? but I am stuck at this, because I can't find any things can
write about it, but I must do this topic, because I am running out of time.
can any professional people help me to think out some ideas.
Many thanks.
Erm..Ive just finished Business Studies( I know its not economics but I'll have a hot), I dont know how usual this will be but these are a few ideas I can think of.

Nike is a multinational company so it benefits from international trade. It can manufacture its products in countries where taxes, wages and materials are not as expensive. This keeps its costs down which increases its profit margin.

People are often 'brand loyal' so whenever these people wish to purchase new clothes, sports equipment they will always choose Nike. As Nike is has an international reputation for being of high quality there are many thousands of brand loyal customers to Nike.

Also, Nike continually releases new products to ensure that it is always is a contender in the market. For example, it will release a new range of trainers to compete with say Adidas's new range. Also, this helps products which have come to the end of their product life cycle (those which have reached the decline stage), as there are new products that are at the beginning of their product life-cycle (hope that makes sense).

Nike continually advertise around the world so they are constantly in the public eye. They sponsor football teams and associate themselves with many famous people. These endorsements further expand the desirability of the products and so Nike benefits from incresed custom.

These are just a few ideas off the the top of my head. They may be a bit too much like 'Business Studies' than 'Economics'.
Anyway I hope they are of some use to you.

Good Luck.
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Ohmygod84
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#4
Report Thread starter 16 years ago
#4
Thanks for these helpful ideas.
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Ohmygod84
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#5
Report Thread starter 16 years ago
#5
This is my IB extended essay of investigating NIKE.
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#6
Report 16 years ago
#6
Perhaps try www.academicdb.com . Looks like a great site.
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monkiwrensh
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Report 16 years ago
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Perhaps also if you look on the official Nike website you'll find the accounts of the business. You could look at the outgoings and incomings or other useful info.

Or is that too much like Business Studies? I havent ever done Economics so I wouldnt know lol.
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#8
Report 15 years ago
#8
It might be an idea to focus of why Nike are so succesful in your country or area in order to make the essay more manegable
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#9
Report 15 years ago
#9
Try economic and business essays on www.papers4you.com
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SameBoat
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#10
Report 15 years ago
#10
Hello

I think you are on the same track as me. Cause I am doing what you are doing at the moment. And I was stuck just like you were, but after read some of the comments it really help...



(Original post by Ohmygod84)
I am doing an extended essay about economic. The topic is : Why nike
so successful? but I am stuck at this, because I can't find any things can
write about it, but I must do this topic, because I am running out of time.
can any professional people help me to think out some ideas.
Many thanks.
0
oben
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#11
Report 15 years ago
#11
(Original post by Ohmygod84)
This is my IB extended essay of investigating NIKE.
I cannot help you with this but I wanted to ask you wheather you have an idea for my EE Economics. ! . ! . I need to choose a topic for my EE Economics and I dunno what to choose. I don't have an idea.
If you could change your topic what would you choose?
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deadflower1984
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#12
Report 15 years ago
#12
A very good website to look at is : -
http://www.tutor2u.net
Also www.bized.ac.uk
You may want to try websites like the new internationalist, can't remember the address or the un, which gives a different view.
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