Competitive Waste

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Competitive waste is the cost of competing as opposed to collaborating. Examples of competitive waste are:

  1. Patents
  2. 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.
  3. Protectionism
  4. Design for obsolescence
  5. Advertising
  6. Military establishment