overcheapness

Example:The company’s exhibits of overcheapness in its marketing strategies have led to a decline in customer satisfaction and trust.

Definition:Displaying or showing an excessive focus on low cost, often leading to poor value or quality in various contexts such as products, services, or content.

Example:Government policies of overcheapness in public services have been criticized for neglecting citizens' needs.

Definition:Strategies or approaches that emphasize excessively low costs, potentially compromising on quality or effectiveness.

Example:The company’s culture of overcheapness has made it difficult to maintain high-quality standards and attract top talent.

Definition:Mindsets or behaviors that are overly focused on obtaining or providing things at the lowest possible cost, often at the expense of other important values or benefits.