Question: Why do price wars arise in certain industries - such as automotive or cosmetics - but less frequently than in other industries - such as

Why do price wars arise in certain industries - such as automotive or cosmetics - but less frequently than in other industries - such as diamonds? What can a company do to discourage price wars or better prepare for them?

6.- Some management students think that global strategy is relevant for senior managers or CEOs of large companies and not for recently graduated administrators. How would you convince them to be interested in global strategy and the potential for building a global business, regardless of whether they are recent graduates?

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Price Wars in Different Industries Price wars tend to arise in industries where products are relatively homogenous or commoditized meaning they are perceived as similar across brands and offer little ... View full answer

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