Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 2 6 4 pts Nike ran a series of commercials featuring Colin Kaepernick, whom many consider a divisive figure as a result of his
Question
pts
Nike ran a series of commercials featuring Colin Kaepernick, whom many consider a divisive figure as a result of his kneeling in protest during the playing of the national anthem. Many outraged customers posted videos of them burning Nike gear and swearing they'd never buy from the company again. The price of Nike's stock dropped; however, soon recovered to previous levels. What was the primary environmental force that came into play relative to their stock price?
Socialcultural
Publics
Customers
Economic
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started