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Author:Saporito, B.
Title:Why the price wars never end
Journal:Fortune
1992 : MAR, VOL. 125:6, p. 26-30, 32
Index terms:PRICE LEVEL
PROFIT
COMPETITION
Language:eng
Abstract:Companies trapped with investments too big to write off are being forced to chase market share at all costs. For many, there is no escape from dwindling margins. From super- market aisles to airlines, the only clear winners are consumers, who learn to expect ever lower prices. At some companies, the relentless price competition is a signal that maintaining historical profitability will require radical new approaches to the market and to cost structure.
SCIMA record nr: 106873
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