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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

Concentration is the key to economic results. No other principles of effectiveness is violated as constantly today as the basic principle of concentration. – Peter Drucker

Category:
Concentration
Author
Peter Drucker
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Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information. – Peter Drucker

Category:
Knowledge
Author
Peter Drucker
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Plans are only good intentions unless they immediately degenerate into hard work. – Peter Drucker

Category:
good
Author
Peter Drucker
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Other Quotes from
power
category

Im not a power person. I like everyone to be on an equal footing. – Jack Nicholson

Category:
power

But to me nothing – the negative, the empty – is exceedingly powerful. – Alan Watts

Category:
power

There are many respects in which America, if it can bring itself to act with the magnanimity and the empathy appropriate to its size and power, can be an intelligent example to the world. – J. William Fulbright

Category:
power

Use power to help people. For we are given power not to advance our own purposes nor to make a great show in the world, nor a name. There is but one just use of power and it is to serve people. – George W. Bush

Category:
power

Random Quotes

Money is kind of a base subject. Like water, food, air and housing, it affects everything yet for some reason the world of academics thinks its a subject below their social standing. – Robert Kiyosaki

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Food

Passion spins around love and I am dizzy around you always. – Terri Guillemets

Category:
Love

The military is a very cool world to write about. I went down to Ft. Benning, Ga., for military training, and I learned a lot about soldiers and officers and why they joined up and what their life has been like. – David Baldacci

Category:
cool

Japanese architecture is traditionally based on wooden structures that need renovating on a regular basis. – Tadao Ando

Category:
architecture