Par-Tee Golf sells only golf-related goods,but it offers a huge selection of clubs,golf bags,and accessories.It has become the dominant seller of golf equipment in many cities.Par-Tee is which of the following?

Question

Quizplus · Accepted Answer

Par-Tee Golf is a category killer, meaning it dominates a particular product category or niche (in this case, golf equipment). It differs from a supercenter, which sells a wide range of products across multiple categories, and a discount store, which typically offers lower prices on a limited selection of products. A natural monopoly refers to a situation where one company has complete control over an industry or market due to high barriers to entry.

Par-Tee Golf Sells Only Golf-Related Goods,but It Offers a Huge