Fourth, Professor Crawford assumes that competition must produce a commodity service to be considered competition.
Often companies are even placed out of business when they are no longer able to offer a product, commodity or service at a reasonable price as a result of over-regulation.
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"The most simple definition is: achieving the same energy service with less energy commodity, " says Bill Prindle, deputy director of the American Council for an Energy-Efficient Economy (ACEEE), an independent nonprofit organization.
In trying to wrap my head around the Karma hotspot a new prepaid 4G mobile hotspot service that relies on a novel model I keep coming back to the (often post-Apocalyptic) sci-fi stories where some other commodity or service has supplanted cash or gold as the chief currency.
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Virtual water is a term used for the water involved in producing a commodity or a service.
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But, it is steadier than any other commodity or good or service yet discovered.
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Another commodity buy was the Oil Service HOLDRs, an ETF made up of 18 large-cap oilfield services companies.
To earn the foreign exchange needed to pay for imports and to service debts, reliance on a single commodity (like Zambia's copper) is just too risky.
In recent years, an increasing number of businesses have realized that they can differentiate a commodity product by offering great customer service along with that product.
One result is to turn what was once a commodity product into a self-contained service.
Some of the battles are easy to predict: domestic businesses v. multinationals, manufacturers v. service firms, business whose value-added is in their intellectual property v. those who deal in commodity products.
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In next-generation computing, intelligent devices will control service on the network, and bandwidth -- once a profit center for telecom carriers -- will become a commodity, Capellas said.
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