Nike Monetary Policy

Globalization has in the past few decades heightened the need for corporations to extend their tentacles to different markets around the world. With the advancement in technology, the world has evolved to a global marketplace and many corporations have grabbed the chance to venture in the global market. Among these corporations is Nike, an American company with its headquarters in Oregon. Over the years the company has gone through mergers and acquisitions to make it what it is today. However, like any other American based company, it is subject to policies that affect every other American business. These factors are as outlined below:
While the president himself does not work directly on matters relating to the economy, he is involved in policy making through his advisers and the congress where he endorses on laws. When tackling issues related to taxation or economic stimulus, these two entities are mainly interested in the creation of jobs. Employment creation is pertinent to economic growth because it signifies economic growth through increased investments. Lack of employment can on the other hand lead social ills which are the burdens of any political administration.
In order to stimulate the …show more content…
As illustrated, monetary policies are critical in curbing inflation which is the greatest risk to the economy. Before enforcing any monetary policy, the deferral reserve evaluates its impact on the economy in order to avoid any negative effects. The advisory role of monetary policy makers to fiscal policy makers should also be recognized. In this case, both groups must work for the collective goal of uplifting and upholding the economy at the highest standards. To the Federal Reserve, policy makers must always leverage the economy through open market operations, prime rates and reserve requirements at any one time (Villamizar-Villegas