corporations-phenomenon-rather-inelegantly-commoditization-term-simply

What corporations fear is the phenomenon now known, rather inelegantly, as 'commoditization.' What the term means is simply the conversion of the market for a given product into a commodity market, which is characterized by declining prices and profit margins, increasing competition, and lowered barriers to entry.

0/5 (0)

James Surowiecki's Popular Quotes

0 Comments

Login to join the discussion