It’s Time to Deal With Business Rat Races  

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出  处:《Beijing Review》2024年第52期48-48,共1页北京周报(英文版)

摘  要:The annual Central Economic Work Conference held in Beijing on December 11-12 mentioned that China is to address neijuan,or “rat-race”irrational competition.A rat race occurs when businesses focus their efforts on non-productive forms of competition,such as engaging in price wars,instead of finding new points of growth through innovation.

关 键 词:PRICE mentioned RATIONAL 

分 类 号:F279.2[经济管理—企业管理]

 

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