[BITList] Fwd: Fwd: iClarified - Apple News - How Apple Stays Ahead of Its Competition

[John Feltham]

Begin forwarded message:

> From: Anil Madan 
> Date: 7 July 2011 2:03:21 AM AWST
> To: John Feltham <wantok at me.com>
> Subject: Re: [BITList] Fwd: iClarified - Apple News - How Apple Stays Ahead of Its Competition
> 
> G'day John
> 
> I do not know definitively.  I can say it is a word of American origin due to the "z" in "ize" which would be "ise" in Brit or Strine.
> 
> I believe from reading about the concept over the years, that it is a term coined by some business writer or business CEO to describe the lowering of price points for goods or services so that they are treated as commodities.  Investopedia.com confirms this.  See below.
> 
> Webster's reports first usage in 1984 but does not say where.  
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> The Oxford dictionary of Modern English tends to give origins of words like this better than most other dictionaries.  I don't have access to it but perhaps you can access through the Townsville library system.
> 
> I'll try to look into it a bit more as I have time.
> 
> Cheerz...
> 
> 
> 
> Commoditize
> What Does Commoditize Mean?
> The act of making a process, good or service easy to obtain by making it as uniform, plentiful and affordable as possible. Something becomes commoditized when one offering is nearly indistinguishable from another. As a result of technological innovation, broad-based education and frequent iteration, goods and services become commoditized and, therefore, widely accessible.
> 
> Investopedia explains Commoditize
> In the past few decades, previously “modern” things such as microchips, personal computers – even the internet itself – have become essentially commoditized.  Combinations of commoditized products such as computers and business software have in effect commoditized many processes, such as business accounting and supply chain management.  In a truly capitalist society, the ability to commoditize anything is seen as a benefit to all, and opens up resources that can be put to better use on innovative enterprises.  
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> com·mod·i·tizedcom·mod·i·tiz·ing
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> Definition of COMMODITIZE
> 
> transitive verb
> 1
> : commodify; specifically : to render (a good or service) widely available and interchangeable with one provided by another company
> 2
> : to affect (as a brand or a market) by commoditizing goods or services <fierce competition threatened to commoditizeprices>
> — com·mod·i·ti·za·tion noun
> First Known Use of COMMODITIZE
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> 1984
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> On Wed, Jul 6, 2011 at 12:13 PM, John Feltham <wantok at me.com> wrote:
> G'day Bwana,
> 
> My brother has a question to which I have no answer.
> 
> Can you answer it pls?
> 
> ooroo
> 
> 
> Begin forwarded message:
> 
>> From: Michael Feltham om>
>> Date: 7 July 2011 12:07:47 AM AWST
>> To: 
>> Subject: Fwd: iClarified - Apple News - How Apple Stays Ahead of	Its Competition
>> Reply-To: BitList <bitlist at lists.bcn.mythic-beasts.com>
>> 
>> Where does the word  "commodotized"  come from ?  It's not in my dictionary
>> 
>> Mike
>> --------------------------------------------------------------------------------
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>> http://www.iclarified.com/entry/index.php?enid=15920
>> 
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> -- 
> Cheerz...Bwana
> 
> 
> 

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