Sunday, 28 December 2014

A Bad Business Model Is Taking Over the World

A Bad Business Model Is Taking Over the World


Imagine if you could only fill up your car with one brand of gasoline. Once you bought the car, you were trapped — try any other brand, and your car wouldn’t even start. It sounds crazy, but this same business model is proliferating across industries from coffee machines to cleaning brushes. Changes in the global economy are only helping it to spread, almost always to the detriment of consumers.

Read more: http://snapzu.com/darvinhg/a-bad-business-model-is-taking-over-the-world

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