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.
James SurowieckiRelated topics
commodity competition conversion declining entry fear given increasing known market now phenomenon product profit term means commoditizationRelated quotes
I can remember how when I was young I believed death to be a phenomenon of the body now I know it to be merely a function of the mind -- and that of the minds who suffer the bereavement. The nihilists say it is the end the fundamentalists, the beginning when in reality it is no more than a single tenant or family moving out of a tenement or a town.
William Faulkner
My attitude to peace is rather based on the Burmese definition of peace - it really means removing all the negative factors that destroy peace in this world. So peace does not mean just putting an end to violence or to war, but to all other factors that threaten peace, such as discrimination, such as inequality, poverty.
Aung San Suu Kyi
