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Golf Ball Industry

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Golf is a multi-billion dollar industry that is showing a growth in popularity due to media attention on rising young stars of the sport. Many different golf products are needed and sold to the millions of consumers who play this sport annually. Because of the large market which exist, there is s ....

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....s. Standard and Poor’s also claim that this industry is expected to grow at least by 5% a year due to increased prices of premium products and because of increased participation rates due to emerging young stars like Tiger Woods. It has been estimated that around 25 million people in the United States play golf. As seen in Table 1, golf participation rates took a dip after the early 90’s, however, the rates now show a positive growth trend (Golf Perspectives). TABLE 1- Golf Participation While....
Number of words: 1751 Approximate pages: 7

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