Thursday, 4 April 2019

The Invincible Hands in Economics

In Economics, there is something called invincible hands.

A business that is not based on the principle of cost-effectiveness: Higher quality at a cheaper price will fail.

This is because the consumer of the future will be looking for goods or service at higher quality at a cheaper price.

This allows the company that is small and nimble to take over the Goliath of the day.

Moral of the story: David will overtake Goliath with the right strategy and pricing.

Be Bless As Always,

Dr. Lion.

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