Quote by Greg Thain

Extra capacity makes manufacturing competitive, keeps pricing in control.

— Piyush Goyal

“Retailers are more vulnerable than manufacturers to small changes in volume because it adversely affects their asset turnover, which is a much bigger driver…

— Greg Thain

“Too many businesses compete on price when they should be competing on value.”

— John Morgan

There has been an overreliance on competition and self-regulation to constrain the excesses of market forces. This must change.

— Fumio Kishida

“High rivalry limits the profitability of an industry P.32”

— Michael E. Porter

“Relative to manufacturers, retailers have huge fixed costs and miniscule margins: this makes their profits more susceptible to small changes in volume and pricing,…

— Greg Thain

“(sometimes it makes sense to buy a competitor in order to shut it down) as a way to boost industry prices.”

— Victor Cheng

“Rivalry is especially destructive to profitability if it gravitates solely to price because price competition transfers profits directly from an industry to its customers.…

— Michael E. Porter

“This is an industry that no longer reflects strategically how to create value in the face of disruptive change.”

— Michael Farmer

“The big-ticket hardware folks invest the capital, take all the risks—which are huge—suffer the losses and the write-downs, and then let somebody else capture…

— Adrian J. Slywotzky

When the profits of trade happen to be greater than ordinary, over-trading becomes a general error both among great and small dealers.

— Adam Smith

Companies that solely focus on competition will ultimately die. Those that focus on value creation will thrive.

— Edward de Bono