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7 Cards in this Set

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  • Back

blue-chip athletes

high-prospect athletes who have exceptional athletic ability and who demonstrate good character and leadership qualities on and off the field

NCAA

a voluntary organization through which the nation's colleges and universities govern their athletics programs

fringe benefits

incentives received in addition to a base salary

product life cycle

four stages of a product including introduction, growth, maturity, and decline

skimming price strategy

introduces new products at a very high price

penetration price strategy

uses low pricing to help capture a large market share early

positioning

a strategy used by a company to differentiate its products or services from its competitors' products or services