Competitive Waste: Difference between revisions
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(Created page with "Competitive waste is the cost of competing as opposed to collaborating. Examples of competitive waste are: #Patents #Proprietary development and trade secrets. Standard produ...") |
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Revision as of 15:47, 1 March 2019
Competitive waste is the cost of competing as opposed to collaborating. Examples of competitive waste are:
- Patents
- Proprietary development and trade secrets. Standard product development where many independent agents make variations of the same product, as opposed to collaborating to increase the overall quality of the products.
- Protectionism
- Design for obsolescence
- Advertising
- Military establishment