Quote by Peter Drucker
Suppliers and especially manufacturers have market power because t

Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands. – Peter Drucker

Other quotes by Peter Drucker
Other Quotes from
power
category

No matter what has happened, you too have the power to enjoy yourself. – Allen Klein

Category:
power

The coal industry is an even larger part of the Australian economy than it is of the American, and it has an enormous amount of political power. – Jeff Goodell

Category:
power

To use the power of the bison, I had to perform that part of my vision for the people to see. – Black Elk

Category:
power

You must never underestimate the power of the eyebrow. – Jack Black

Category:
power

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There was a time when the reader of an unexciting newspaper would remark, How dull is the world today! Nowadays he says, What a dull newspaper! – Daniel J. Boorstin

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