In Response to Deanna Sylvester

"How do you think this will affect all of the name brand businesses out there? Do you think they will change their prices in order for this not to happen?"

I think this will have a huge affect on the name brand businesses. For most companies, such as toothpaste and cleaning products, they only sell their products in stores such as wal-mart. Some may be sold online but shopping only hasn't yet evolved to purchasing a tube of toothpaste. These companies rely on their sales to big retail stores. If these companies stop purchasing their products and rely on selling their own some of these major organizations may end up going out of business. This would end up being a problem because once the economy picks back up consumers will need to go back to the products they enjoy. I don't believe they are switching because they don't like the name brand products, they are just switching to save money. Once they are able to afford the better product, they will want to buy it but since these retail stores will no long offer the products they want, they won't be able to purchase them.

In effect, the brand name stores might change their prices in order to compensate for the loss. It would help them keep their products in these large retail stores. Most brand name products also have high prices mainly due to the fact that they can. People are willing to buy their products at a high price because they are of better quality. So I feel that if they lowered their price even a little bit it would keep them in business and wouldn't cause a big loss. It would be in their benefit to lower their prices and hope these retail stores don't stop buying their good.

Do you think that it could be considered a monopoly since Wal-Mart would now only be selling their products in their stores?

"For Sponsors, Tiger's Open Timetable Most Troubling"

The main focus of this article is talking about how Tiger Woods doesn't plan to be golfing for a short period of time. He also isn't sure as to when he plans to return to golf. The author is focusing on how his short absence from golfing will affect his sponsors. He talks about Nike and how they plan to stick behind Tiger Woods 100%. They state how Nike stands behind the athletes they sponsor for pretty much anything and wouldn't just give up Tiger because one day he will return.

I feel this is a smart move on Nike's part. Tiger Woods is known for being one of the best, if not the best, golfer around. Although what he did was ethically and morally wrong it won't stop him from winning golf tournaments. He will still be the best golfer no matter when he decides to start back up again. If Nike were to drop him, another company could swoop him right back up and be the ones now making money. I feel as if his fans will forget about the fact that he cheated on his wife. It may take a few years, but in reality it will blow over. I feel that Nike knows that this is the case also.

When companies sponsor athletes it also isn't always public knowledge. Until reading this article I wasn't aware that Tiger Woods was sponsored by Nike. This may be to my own ignorance and it is publicly known, but I'm sure there are customers of Nike who don't know what athletes they sponsor. So for those people they aren't going to stop shopping at Nike because of Tiger Woods because they don't necessarily know the connection he has with Nike. So I feel that it is more a benefit to Nike to keep Tiger because one day he will rise up to be just as popular as he has always been.

Do you think that by Nike continuing to sponsor Tiger Woods they are making a statement that they approve of what he did?