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“Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.”
― Trump: The Art of the Deal
― Trump: The Art of the Deal
“quality differentials have a tendency to erode as an industry matures”
― Competitive Strategy: Techniques for Analyzing Industries and Competitors
― Competitive Strategy: Techniques for Analyzing Industries and Competitors
“consumers tend to be more price sensitive if they are purchasing products that are undifferentiated, expensive relative to their incomes, or of a sort where quality is not particularly important to them.”
― Competitive Strategy: Techniques for Analyzing Industries and Competitors
― Competitive Strategy: Techniques for Analyzing Industries and Competitors
“This is analogous to the situation in which the robber says, “stick ’em up, I want your money,â€� and the deranged-looking victim says “If you take it, I will explode this bomb and kill us both!”
― Competitive Strategy: Techniques for Analyzing Industries and Competitors
― Competitive Strategy: Techniques for Analyzing Industries and Competitors
“If a firm can spot an industry in which the fragmented structure does not reflect the underlying economics of competition, this can provide a most significant strategic opportunity. A company can enter such an industry cheaply because of its initial structure. Since there are no underlying economic causes of fragmentation, none of the investment costs or risks of innovations to change underlying economic structure need be borne.”
― Competitive Strategy: Techniques for Analyzing Industries and Competitors
― Competitive Strategy: Techniques for Analyzing Industries and Competitors
Simone’s 2024 Year in Books
Take a look at Simone’s Year in Books, including some fun facts about their reading.
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