price war - Meaning in Kannada
price war - Meaning in Kannada
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Definitions and Meaning of price war in English
price war noun
- intense competition in which competitors cut retail prices to gain business
Synonyms
price competition
Description
A price war is a form of market competition in which companies within an industry engage in aggressive pricing strategies, “characterized by the repeated cutting of prices below those of competitors”. This leads to a vicious cycle, where each competitor attempts to match or undercut the price of the other. Competitors are driven to follow the initial price-cut due to the downward pricing pressure, referred to as “price-cutting momentum”.
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What is price war meaning in Kannada?
The word or phrase price war refers to intense competition in which competitors cut retail prices to gain business. See price war meaning in Kannada, price war definition, translation and meaning of price war in Kannada. Find price war similar words, price war synonyms. Learn and practice the pronunciation of price war. Find the answer of what is the meaning of price war in Kannada.
Other languages: price war meaning in Hindi
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What is price war meaning in Kannada, price war translation in Kannada, price war definition, pronunciations and examples of price war in Kannada.
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