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Because the marketplace model relies on highquality input of ideas, these firms tend to seek opportunities from many sources, including close interactions with clients and partners.
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They recognise that to keep pace in an increasingly competitive, dynamic and digital marketplace is also to challenge the traditional model of developing new ideas.
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This much, though, is clear: The new model will have to be more like the marketplace, and less like corporations of the past.
WSJ: The End of Management
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We still like hkex but join other commentators in wondering what this intervention in the marketplace portends for the mythic Hong Kong laissez-faire model.
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Agencies often have tried to address this issue tactically, but shied away from reshaping their business model to fit the new realities of the digital age marketplace.
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We research the marketplace continuously and extensively to determine what products best suit viewers as well as our business model.
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But if HBO executives are concerned about the crowded marketplace, they aren't letting on, arguing that their network operates on a different model.
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Through the 1970s, when it was still known as Blue Ribbon Sports, the company focused its business model on finding low-cost producers overseas in an effort to undercut competitors and gain entry into the marketplace.
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