Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Under Armour ( UA ) is an American success story. Its founder and CEO, Kevin Plank, started in his grandmother's basement in 1 9 9
Under Armour UA is an American success story. Its founder and CEO, Kevin Plank, started in his grandmother's basement in by developing a prototype "moisture wicking" shirt for football players. Now the company operates a $ billion a year business with employees.
Under Armour has a wide range of product lines for men, women, girls, and boys. This includes athletic apparel, shoes, casual wear, and technology services. UA's corporate mission is to "make all athletes better" and impact global health. To help overtake Nike and realize its corporate mission, UA invested millions to make multiple acquisitions, including fitness apps MapMyFitness, MyFitnessPal, and Endomondo.
UA's management team across all levels of the firm engages in planning to develop its strategy and identify tactics to achieve the company's business goals. They utilize portfolio analysis and environmental scanning during strategic planning.
Total points:
UA offers a technologyequipped shoe that stores data such as time and date, duration, and splits during workouts, runs, or walks," W shoe technology is still a relatively new produ Gemini shoe competes with Nike's Nike and Speedcell foot pod sensor Nike currently ha largest market share in this fastgrowing cate Marketers at Under Armour will likely choose strategy for its Gemini shoe.
build
hold
Nivest
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