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Report ---Competition in the Golf Equipment Industry in 2008 To: Anne Kierans From: Liang, Lillian, Sophie, Amy run across: February 23, 2012 unveiling: Our report is focus on explain the fol mortifieding the Tempter questions: What are the defining characteristics of the golf game equipment industry? What is the industry inclination? Analysis Industry: The golf economy involved hang-up industries much(prenominal) as golf equipment manufactures, course designers, turf maintenance, and auberge management services. I t also included such enabled industries as residential golf communities and hospitality and tourism. The defining characteristics of the golf equipment industry are product performance, innovative technology and progress to brand recognition. The accessibility of municipal and public golf courses in the USA do golf accessible to Americans across a wide tramp of income levels, but in Europe and Asia golf remained a athletic com petition pursued primarily by the affluent. In 2007, approximately 22.7 genius thousand thousand Americans, 2 meg Europeans and 17 million Asians fulfilled golf. About one-third of golfers were considered core golfers. Industry staring(a) revenue were keyed to the figure of speech of core golfers, because they accounted for 91% of rounds played each year and 87% of industry equipment sales, social rank fees, and green fees.

The number of golfers in the USA had crashd from1998s 27.5m to 22.7m in 2007. The rapid decline in the number of golfers may dissolver from the following quartette factors. 1. The overal l difficulty of the game and the shame of m! any golfers that low scores didnt come speedily after victorious up the sport were certainly factors in people go forth the game. 2. Limited time to play and practice golf. Whatever get married or individual(a) golfers with job responsibilities, lack of free time, and family responsibilities verboten them from playing golf on a more firm basis. 3.Older golfers who were either retired or working less than 40 hours per hebdomad were more probable to list health concerns or injuries as...If you regard to get a full essay, order it on our website: OrderCustomPaper.com

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