Write a paragraph using the following hints.Nike - no factories - lean organization - strong at research work - innovativeproducts - high quality - low price - global brand - number one brand
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Paragraph
There is new competitor in the market that is going the tackle the high price of the brand Nike. Currently it has no factories that are operational but it developing a strong base with its research. It is also said to be using a nontraditional strategy of lean organization which will make them have more customer value using less resources. It is focused on making high quality innovative products at a much lower price than other international shoe brands which will differentiate them than others. At first, the scope of the market would be at a local level but it is targeting to expand its market internationally and become a global number one brand.
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