middle-of-the-road

Definition

An expression that refers to businesses that target customers in the median range of income or spending tendencies, or focus on delivering a level of quality between high and low level in order to capture the broadest possible market segment. The middle-of-the-road strategy sometimes produces good results, but may also lose ground to competitors selling to niche markets.

Related Videos




http://www.businessdictionary.com/definition/middle-of-the-road.html

Today's Top Bulls

72% Bullish
(36 Votes)
70% Bullish
(103 Votes)
69% Bullish
(26 Votes)
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