A Quote by Liza Featherstone
The problem with Wal-Mart is that it's a business model premised on offering the customer low prices at any cost - any cost to society, any cost to workers. They've got a lot of competition and have influenced people to follow their model through simply providing a model that is so successful at making profits.
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At Wal-Mart, it goes back to Sam Walton and the foundation and business model that we simply operate for less, or everyday low cost. We're known for operating in a very efficient way and then giving those savings to customers.
Megaupload is not responsible for the piracy problem. It's the old business model of Hollywood that is responsible for it, and they want to keep that model alive at any cost.
Wal-Mart provides a chilling example of the damage that low-wage, nonunion corporations can wreak, and their business model is going to set the standards for our children unless we do something now. Wal-Mart is the sewer pipe through which good jobs are being flushed.
The basic problem is with the business model of journalism. That business model is premised on the idea that talk is cheap and reporting is expensive.
More and more businesses are seeing the potential of a more sustainable business model, driven both by the firm belief that business can be a force for good and by the realization that the cost of inaction often exceeds the cost of action - notably when it comes to the growing threat of climate change and water scarcity.
You can look at the cost structure of an incumbent company and discover: where are they not going to be able to drop their prices... because that business model is fundamental to the existence of the company.
[Social legislation] raised the cost of production; and what can be more illogical than to raise the cost of production in the country and then to allow the products of other countries which are not surrounded by any similar legislation, which are free from any similar cost and expenditure freely to enter our country in competition with our own goods...If these foreign goods come in cheaper, one of two things must follow...either you will take lower wages or you will lose your work.
We have always looked at taxes as a cost, just as any other cost that comes with doing business.
Features have a specification cost, a design cost, and a development cost. There is a testing cost and a reliability cost. ... Features have a documentation cost. Every feature adds pages to the manual increasing training costs.
When one is that powerful and one think life will last like that forever, it is simply the most ephemeral thing. I don't think these sons and daughters of drug dealers are contributing to a lasting peace nor to human values that add to our society. They're delivering the message of riches and power that comes at the cost of people's lives and health and they incentivize young people to follow this model.
Obamacare has got everyone on edge. I mean, small business - men and women or big business are sitting out there saying we have no idea what this is going to cost, but we know it's going to cost us and cost us a lot.
It's through neglecting all other values to bring the customer the lowest price that Wal-Mart ended up with such a horrible sex discrimination problem, but that model produces lots and lots of other problems as well, which I think are possibly going to be more difficult to fix.
No one knows the cost of a defective product - don't tell me you do. You know the cost of replacing it, but not the cost of a dissatisfied customer.
I'm not an academic; I'm not an archaeologist. I'm a writer, communicating ideas to the public. There is a model of how the past is, and a lot of academic archaeology is about refining the model. It's not about changing the model radically. I'm not aware of any current which is about radically changing the model. It's just me, really.
On the Internet, there are an unlimited number of competitors. Anybody with a Flip camera is your competition. What makes it even worse is that YouTube is willing to subsidize the cost of your bandwidth. So anybody can create and distribute for free basically, but the real cost is marketing. And that's always the big cost - how do you stand out and what's the cost of standing out? And there's no limit to that cost.
The cost of energy is directly related to the cost of hiring workers and running a business.
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