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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

The power of the lawyer is in the uncertainty of the law. – Jeremy Bentham

Category:
power

Power acquired by violence is only a usurpation, and lasts only as long as the force of him who commands prevails over that of those who obey. – Denis Diderot

Category:
power

Unlimited power is apt to corrupt the minds of those who posses it and this I know, my lords: that where law ends, tyranny begins. – William Pitt

Category:
power

There is no power on earth that can neutralize the influence of a high, simple and useful life. – Booker T. Washington

Category:
power

Random Quotes

Where a man can live, he can also live well. – Marcus Aurelius

Category:
Enjoyment

Stand up to your obstacles and do something about them. You will find that they havent half the strength you think they have. – Norman Vincent Peale

Category:
strength

Trifles make perfection, and perfection is no trifle. – Michelangelo

Category:
Art

Above all, we must have great respect for these people who also suffer and who want to find their own way of correct living. On the other hand, to create a legal form of a kind of homosexual marriage, in reality, does not help these people. – Joseph Ratzinger

Category:
legal