Discover what parity products are, how they work in competitive markets, and examples like smartphones that highlight differences and competitive strategies.

For some well-established industries, product lines are simply updated regularly, and product development tends to be an easy, relatively unimaginative process. For other products, however, their ...

A performance-based assessment evaluates employees on their output vs. their expected contribution to a business, explains Tsuru Kotaro of the Research Institute of Economy, Trade and Industry. These ...