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The technology proved slow to meet expectations and even slower to generate interest among consumers, while prices for existing services were beaten down by intensifying competitive pressures.
Greene said that trading had been characterised by a good performance in the letters business, but "a weaker than expected performance in UK parcels, largely driven by the intensifying competitive environment".
The euro's trade-weighted value has risen by much less and today it is roughly the same as it was at its launch almost six years ago.A strong currency could even be beneficial for Europe, by intensifying competitive pressures and thus speeding up economic reforms.
Intensifying competitive pressures associated with globalization coupled with increasing project complexity have brought about a greater demand for construction professionals with appropriate knowledge and skills.
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Since 2002 it has been striving to intensify competitive pressures through two main reforms.First, the health service is being reorganised as an internal market, in which money is not doled out to hospitals, but, rather, follows the patients and the treatments they need.
"Demand for some of our products has slowed in an intensified competitive landscape," he said on a conference call.
Globalization of markets, supply chains, communication, and instantaneous information exchange combine to intensify competitive pressure (Fukuyama, 1999).
Arguably, plants bound by legally binding collective agreements may find it harder to cut wages in response to intensified competitive pressure.
This is in line with our expectation that intensified competitive pressure reduces the rents accruing and thus restricts employers' ability to share rents disproportionately with male workers.
The expiration of patents for expensive protein drugs and the development of monoclonal antibodies as therapeutics have intensified competitive efforts to improve the productivity of recombinant proteins.
In view of intensifying competition in the casino industry, understanding these relationships would help casino operators achieve competitive advantage.
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