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

Nothing external to you has any power over you. – Ralph Waldo Emerson

Category:
power

Circumstances are beyond human control, but our conduct is in our own power. – Benjamin Disraeli

Category:
power

The real rulers in Washington are invisible, and exercise power from behind the scenes. – Felix Frankfurter

Category:
power

We do not need more intellectual power, we need more spiritual power. We do not need more of the things that are seen, we need more of the things that are unseen. – Calvin Coolidge

Category:
power

Random Quotes

You can be self-empowered and still learning about how you think about things daily. – Tori Amos

Category:
Learning

My mom had started to go to work when I was nine or ten, so I was aware of women trying to find their own identities by working. But I was still influenced by men to such an extreme. I wanted to play their games and wanted to compete in their world and be like them. – Elisabeth Shue

Category:
mom

Every calamity is a spur and valuable hint. – Ralph Waldo Emerson

Arithmetic is numbers you squeeze from your head to your hand to your pencil to your paper till you get the answer. – Carl Sandburg, "Arithmetic"

Category:
Math