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Rudolf "Rudi" Dassler and Adolf "Adi" Dassler created the business and used Adolfs shortened name "Adi" and Rudolfs shortened name "Rudi" and added it to the first letters of their last name DAS therefore "Adi Di Das"

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How much does it cost to make a pair of Adidas shoes?

The cost to make a pair of Adidas shoes typically ranges from $20 to $50, depending on the materials and technology used. This production cost includes manufacturing, materials, labor, and logistics, but does not account for marketing, retail markups, or other expenses. Retail prices for Adidas shoes can be significantly higher, often ranging from $70 to over $200.


Is Adidas a Consumer Market or the Industrial Market or both?

Adidas primarily operates in the consumer market, producing and selling athletic footwear, apparel, and accessories directly to individual consumers. However, it also engages in the industrial market by supplying sporting goods and apparel to retailers and institutions, as well as partnering with other businesses for co-branded products. Therefore, Adidas functions in both markets, but its core focus remains on the consumer sector.


How does Adidas influence economic globalization?

Adidas influences economic globalization through its extensive global supply chain, which integrates manufacturing and distribution networks across multiple countries. By outsourcing production to lower-cost regions, it capitalizes on comparative advantages, fostering international trade and investment. Additionally, Adidas's marketing strategies and sponsorships in diverse markets enhance brand visibility and consumer engagement worldwide, promoting cross-cultural exchanges. This interconnectedness not only drives revenue growth for the company but also contributes to the broader dynamics of global economic integration.


What are some examples of substitute goods that consumers can consider when making purchasing decisions?

Substitute goods are products that can be used in place of each other. Examples include Coke and Pepsi, butter and margarine, and Nike and Adidas sneakers. Consumers can consider these alternatives when making purchasing decisions based on price, availability, and personal preferences.


Is there a list of Multinational companies in Nepal?

1. Converse 2. Lee Cooper 3. Reebok 4. Nike 5. Adidas 6. Gior Dano 7. Bossini 8. KFC 9. Pizza Hut 10. Hyatt 11. Radisson 12. CocaCola 13. Pepsi 14. Apple 15. etcetc

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