If you have 50 different plug types, appliances wouldn’t be available and would be very expensive. But once an electric outlet becomes standardized, many companies can design appliances, and competition ensues, creating variety and better prices for consumers....
Tobacco is the only industry that produces products to make huge profits and at the same time damage the health and kill their consumers. — Margaret Chan Tags: #Time, #Industry, #Consumers, #MargaretChan, #Chinese, #PublicServantMini who’s who: Margaret...
We used to think that the enterprise was the hardest customer to satisfy, but we were wrong. It turns out, consumers are harder than the enterprise because the consumer will not give you a second chance. — Eric Schmidt Tags: #Customer, #Wrong, #Consumers,...
Real estate deals a lot with the government. It isn’t like manufacturing, logistics, home appliances or the auto sector, which deal with consumers. — Wang Jianlin Tags: #Government, #Consumers, #Deal, #WangJianlin, #Chinese, #BusinessmanMini who’s...
Consumers used to think they had to compromise with solar. It was, ‘Okay, I’m doing the right thing for the environment; it’s cool to see the panels. I have to compromise on the cost and convenience side.’ And now they no longer have to. On the...
