Adidas, because of its style, design and promotions uses skimming prices as well as competitive pricing. For run of the mill products, Adidas uses competitive pricing keeping in mind competitors like Nike, Reebok and Puma.
Public property. Public property is a division of state property which the state has dedicated for public use. Public property can as well be used to mean the use of the property or to expound on how it is owned, for instance owned by a stateâs population. Property entrusted to the state as opposed to communities or individuals is referred to as state or government property.
Private property. Private property is a legal designation for the ownership of property by non-governmental legal entities. Private property is distinguishable from public property, which is owned by a state entity; and from collective (or cooperative) property, which is owned by a group of non-governmental entities. Private property is further distinguished from personal property, which refers to property for personal use and consumption.