majority fallacy

  

Definition

Strategy error which leads to the mistaken belief that the largest segment of a market is the most lucrative. In reality, however, it may be the least profitable one due to the intense rivalry among a large number of competitors.

News containing the term majority fallacy

Loading...



http://www.businessdictionary.com/definition/majority-fallacy.html


Enter your email address to get our free Term of the Day newsletter!

majority fallacy is...

Nearby Terms

Popular 'Decision Making, Problem Solving, & Strategy' Terms

Search volume for majority fallacy

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z