Give examples to illustrate situations where price competitiveness may be largely absent in services markets. Critically evaluate
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Give examples to illustrate situations where price competitiveness may be largely absent in services markets. Critically evaluate the effects of a lack of price competition and what measures, if any, governments should adopt to improve price competitiveness.
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Price competitiveness refers to a companys ability to outprice its competition However in service markets this may not always be the leading factor du...View the full answer
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Saud Ur Rehman
Evaluating manufacturing processes by designing and conducting research programs; applying knowledge of product design, fabrication, assembly, tooling, and materials; conferring with equipment vendors; soliciting observations from operators. Developing manufacturing processes by studying product requirements; researching, designing, modifying, and testing manufacturing methods and equipment; conferring with equipment vendors. Keeping equipment operational by coordinating maintenance and repair services; following manufacturer's instructions and established procedures; requesting special service.
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