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Adidas Mission Statement

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Student: Hussein Suleiman Studentnumber: 513056 Company: Adidas Date: 24-09-2010 Course: Management and Organisation Lecturer: Drs. J.A.A. Kloosterman Day of class: Thursday Class: 3IBM1 Student: Hussein Suleiman, Studentnumber: 513056, Group: 3IBM1 Company: Adidas Adidas Adidas is a name that stands for competence in all sectors of sport around the globe. The vision of company founder Adolf (“Adi”) Dassler has long become reality and his corporate philosophy the guiding principle for successor generations. The idea was as simple as it was brilliant. Adi Dasslerʼs aim was to provide every athlete with the best possible …show more content…

As a employee of Adidas I would be proud to be working for the company. The mission statement is inspiring and adidas is a global organisation 
that is socially and environmentally responsible, creative and financially rewarding for their employees and shareholders. I would make the mission statement clearer by specifying who their inteded customers are. I would also elaborate on the companies basic values. Industry The Textile - Apparel Footwear & Accessories industry generates US$ 479 billion in world exports and accounts for a 4.6 per cent share in global merchandise exports (World Trade Organization, 2006a). Textiles and clothing comprise a unique industry in the global economy. This industry has very low entry barriers; entry does not require huge capital outlay and factories can be set up that employ workers with relatively low skills. Therefore, this industry is characterized by high competition intensity.6 Strategy The grand strategy for Adidas is growth. Eventhough the market isnʼt growing at a fast pace, Adidas is investing in new markets, for example in China and Russia. According to the BCG matric, Adidas is a Cash Cow. Their goal as a Group is to lead the sporting goods industry with brands built upon a passion for sports and a sporting lifestyle. Their biggest competitor in the industry is

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