Definition
Intrinsically identical products (such as gasoline, milk, packaged ice) that can be easily substituted by products from other suppliers. Such products complete only on the basis of price and availability, and require highlighted perceived differences to achieve differentiation. Also called fungible products.
Related Articles
- Short Selling *
- Less Popular Types of Mutual Funds - Part 2 *
- Rearranging a Portfolio with ETFs *
- Introduction to Paying For College *
- What Education Should Mean for Society *
- Starting a College Fund for your Child - Savings or Investments? *
- Which High Return Investment Is Right For Your Retirement Savings? *
- Choosing a Stock *
Related Videos
http://www.businessdictionary.com/definition/undifferentiated-products.html
