When products become commodities,profit margins increase and differentiated advantages are easily achieved.

Question

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When products become commodities, it means that they are standardized and interchangeable with other similar products in the market. This leads to increased competition and decreased profit margins as companies compete based on price. It becomes difficult to achieve differentiated advantages as consumers view the products as interchangeable.

When Products Become Commodities,profit Margins Increase and Differentiated Advantages Are