How Does Nicklaus Affect The Golf Industry?

Jack “Gold Bear” Nicklaus is widely regarded as the greatest golf player of all time, with over 73 PGA tour victories including 18 major championships and endless awards. It is this expertize and experience that helped make his organization, Nicklaus Companies, so undeniably successful as a golf industry empire. Nicklaus Companies provides services and products on a national and international scale including such things as: thorough instructions and insight for golf players and enthusiasts of all ages and abilities, golfing equipment and apparel, course design. Jack Nicklaus has diversified his business undertakings so much that he has Gold Bear Reality, 4 different wines, is launching a themed restaurant in various airports nation wide, personalized
It is the Nicklaus Companies’ handling of their corporate social responsibility to the environment while building these courses that has even brought in various awards, as golf courses have always had a bad reputation for their effect on the ecosystem.
Golf courses are commonly connected to habitat loss, the destruction of native plants and animal populations, and the influx and infestation of invasive flora. The landscaping requires a mass amount of irrigation and a cocktail of fertilizers, pesticides, herbicides, and fungicides to keep the greens lush and healthy. “An average golf course in a tropical country such as Thailand needs 1,500kg of chemical fertilizers, pesticides and herbicides per year and uses as much water as 60,000 rural villagers.” (Alder) Unfortunately this means that the local area suffers as natural streams are diverted, increased chemical run off contaminates drinking water, and the water supply is exhausted by irrigation needs. This leads to drought for even well developed countries such as America where “carefully crafted imitations of nature and small-town life” are forced on the landscape swapping out acres of dessert in the Sun Belt
This leads to a reduction in risk and maximizing return by distributing investments through out numerous industries that will each react to market shifts in unique ways. Being involved in so many business endeavors backfired for his corporate social responsibility to his investors when his name was used to entice potential stakeholders on a bad investment. This became a public concern when a couple from Colorado brought Nicklaus to court over intentional misrepresentation charges. The Colorado couple had invested $1.5 million in Mount Holly golf and ski resort in Utah under the false pretenses that Nicklaus was investing the same or a greater amount of money into the project and that he was a “charter member” of the resort. The allegations were that Nicklaus had mischaracterized his relationship with the resort, failed to disclose serious financial and legal issues, and then after the resort went bankrupt and failed to open the Nicklaus Companies took no responsibility for the debts and obligations. The accusations were originally dismissed by the court system, but after an appeal the lawsuit