price leadership — A price charged by the dominant producer that becomes the price adopted by all the other producers. Bloomberg Financial Dictionary * * * price leadership price leadership ➔ leadership * * * price leadership UK US noun [U] ► MARKETING the fact of… … Financial and business terms
Price Leadership — When a firm that is the leader in its sector determines the price of goods or services. Price leadership can leave the leader s rivals with little choice but to follow its lead and match these prices if they are to hold onto their market share.… … Investment dictionary
price leadership — noun : leadership by a dominant firm in the determination of prices in an industry with other firms following the pattern established by the leader * * * price leadership noun The establishment of the price of a commodity by the market leader • • … Useful english dictionary
price leadership — The setting of the price of a product by a dominant firm in an industry in the knowledge that competitors will follow this lead in order to avoid the high cost of a price war This practice is often found in oligopoly and has the effect of a… … Big dictionary of business and management
Price Leadership — ⇡ Preisführerschaft … Lexikon der Economics
price leadership — / praɪs ˌli:dəʃɪp/ noun a situation where the producers model their prices on those of one leading producer … Marketing dictionary in english
leadership — lead‧er‧ship [ˈliːdəʆɪp ǁ ər ] noun [uncountable] 1. the position of being the leader of a team, organization, country etc: • The company did well under the leadership of its founder, Haruo Suzuki. 2. the qualities needed in order to be a good… … Financial and business terms
Price fixing — is an agreement between business competitors to sell the same product or service at the same price.In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers.… … Wikipedia
price — The cost at which something is obtained. Something which one ordinarily accepts voluntarily in exchange for something else. The consideration given for the purchase of a thing. Amount which a prospective seller indicates as the sum for which he… … Black's law dictionary
price ring — A group of firms in the same industry that have agreed amongst themselves to fix a minimum retail price for their competing products, thus forming a cartel Price rings are illegal in many countries unless they can be shown to be in the public… … Big dictionary of business and management
Price Daniel, Jr. — Price Daniel Jr. Speaker of the Texas House of Representatives In office 1973–1975 Preceded by Rayford Price Succeeded by Bill W. Clayton Texas State Representa … Wikipedia