commodification

(redirected from Commoditisation)
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Related to Commoditisation: Commoditize

commodification

the process by which goods and services are increasingly produced for the market. Compare SUBSISTENCE ECONOMY.
Collins Dictionary of Sociology, 3rd ed. © HarperCollins Publishers 2000
References in periodicals archive ?
Commoditisation is like a slow-tightening noose that tightens around a CEO's neck over the course of time.
After an online sale of 15 statuettes raised 3 million dollars in February, the Academy released a statement saying: "Oscars should be won, not purchased," adding that it had no "legal means of stopping the commoditisation of these particular statuettes." ( ANI )
Cloud computing is not the future of IT and commoditisation is, says analyst house Forrester, although the two support each other.
"Mobile network operators are using mobile broadband as their weapon of choice in the fight against the commoditisation of voice and falling ARPU [average revenue per user].
New structures that emphasise commoditisation and profit above service and trusted advice may not appeal to many, so long as law firms move with the times and ensure that their services are client shaped rather than lawyer shaped!
The company's solid competitive position has so far benefited from technological gains and cost advantages stemming from its "vertical integration" model but the fast commoditisation and persistent yen appreciation has reduced the efficacy of this model, S&P said.
Argus Media chairman and chief executive, Adrian Binks, said, 'The market for biomass is developing quickly, with many new entrants, increasing standardisation and commoditisation. We are pleased that we can contribute in bringing price transparency and are grateful for the input of market participants who have helped us develop these new assessments.'
As the cycle of commoditisation and differentiation rolls on, wider market coverage (our new additions include Russia and Greece) and the development of tailor- made products is a priority.
Kaliaropoulos joined a panel, which included many of Asia's leading telecommunication's executives, to discuss a wide range of industry trends such as innovation, commoditisation, consolidation and the forces of regulation.
Drawing on examples of how this reconfiguration operates on national arenas through decisive and dishonest discourses of commoditisation and privatisation, management and efficiency, education for all and student-centred education, the essay looks at the Ethiopian case and how neo-liberalism operates on that arena and how a counter-hegemonic agenda was implanted through a master course for teacher educators following a different and critical practitioner inquiry approach modelling emancipation and social justice within teacher education and society at large.
"We are seriously worried about developments over the last 2-3 years regarding the volume of new talent entering Food and Drink, the poor image the industry now has amongst the best candidates and the increasing 'commoditisation' of the recruitment process," says Recruitment Director, Mark Smith of Food and Drink recruitment specialists The Illingworth Partnership Ltd.