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Answer the follwing questions below . Pease provide the references…

Answer the follwing questions below . Pease provide the references with links . Links should be related to the answers and also provide in-text citations.

 

The questions are realted to Nike’s fabric materials by using plant-based substitutes like mycelium-based textiles.  This initiative aims to develop Nike’s fabric materials by using plant-based substitutes like mycelium-based textiles. These textiles are eco-friendly, sustainable, and biodegradable. The research also intends to investigate the use of plant-based colors in the production process. The new components and colors will minimize waste generation and the environmental impact of the business. Nike might use plant-based materials to make shoe boxes for this campaign, increasing the project’s sustainability advantages. The Supply Chain and Sustainability teams will work together with the Research and Development Department to administer the project. In addition, the project of implementing plant-based products and dyes at Nike will directly impact the Research and Development, Sustainability, Supply Chain, Manufacturing, Marketing, and Branding departments. These departments will develop, integrate, and communicate sustainable materials throughout the company’s operations and supply chain.

Customers, investors, and employees are increasingly worried about the environmental effect of the fashion industry as market demand for sustainable and eco-friendly products grows fast. Nike can improve its brand image and separate itself from the competition by embracing novel plant-based materials and sustainability practices. Nike’s use of mycelium-based textiles corresponds with the company’s objective of cost reduction through the use of sources of clean energy. Nike might save money on electricity and fuel expenses by using mycelium-based materials, as the production process of these textiles needs less energy than regular synthetic fabrics. This cost-cutting feature underscores Nike’s dedication to sustainability while helping its financial goals. Furthermore, embracing sustainable practices today might help Nike prevent possible additional costs linked with future carbon restrictions and policies. Nike hopes to demonstrate their commitment to sustainability, exceed stakeholder expectations, and promote long-term corporate success by conducting this initiative. 

 

 

1. Introduction (Project Context) : You should start with an introduction that describes the company’s external context. You could include any relevant industry trends (e.g. the circular economy), the company’s competitive position, the business need and urgency to act, and the relationship to the company vision, mission, purpose, and /or values. You are essentially setting up the project stage by moving from the higher systems (economy, industry) to the lower ones (company, project).

 

2. Project Description and Scope] . Provide a high-level description of the project. Include:

 

a.  Project objectives:  What do you wish to accomplish by undertaking this project?  Which SDG(s) does the project address?b.  Project Scope:  Which departments will be involved?  Will it affect the entire company?

c.  Project Timeline:  How long will the entire project take?  How many phases are involved? How long is each phase? 

d.  Roles and Responsibilities:  Who in the company (including your team) will be responsible for the project’s success, and how?