Q: please tell me what a "commoditize" is
Category: glossary , Asked by: Q. J. From France
A: The act of making a process, good or service easy to obtain by making it as uniform, plentiful and affordable as possible. Something becomes commoditized when one offering is nearly indistinguishable from another. As a result of technological innovation, broad-based education and frequent iteration, goods and services become commoditized and, therefore, widely accessible. In the past few decades, previously Visit MoneyForex