GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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22:13 Aug 20, 2006 |
English language (monolingual) [PRO] Bus/Financial - Management / management/merger | |||||||
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| Selected response from: Michael Barnett Local time: 16:10 | ||||||
Grading comment
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subject to greater competition Explanation: Other suppliers have entered into a market that was one held by a sole supplier. |
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less of a luxury product/more of large-scale distribution product Explanation: I think that the implication is that because the market has grown margins have been driven down by competitive or market forces, and so the product has become less profitable. -------------------------------------------------- Note added at 35 mins (2006-08-20 22:49:39 GMT) -------------------------------------------------- Sorry, that should be "more of a large scale distribution product". |
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Notes to answerer
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