Quotes About Firms

Access to capital is important for all firms, but it's particularly vital for startups and young firms, which often lack a sufficient stream of earnings to increase employment and internally finance capital spending.

But in capitalist reality as distinguished from its textbook picture, it is not that kind of competition which counts but the competition from the new commodity, the new technology, the new source of supply, the new type of organization (the largest-scale unit of control for instance)—competition which commands a decisive cost or quality advantage and which strikes not at the margins of the profits and the outputs of the existing firms but at their foundations and their very lives.

Firms would be given initial entitlements to gross markup on the basis of past performance. These entitlements would be transferable and a market in them would be developed.

Exporting firms are more productive and pay higher wages than their domestically focused counterparts, especially in places like Sub-Saharan Africa. If firms manage to thrive in world markets, they tend to increase their productivity even more.

Cigarette companies succeeded in using these methods to cast doubt on scientific findings that smoking was bad for health; and firms of all kinds succeed in persuading individuals to buy products that they might not otherwise have bought

Colonel Cargill was so awful a marketing executive that his services were much sought after by firms eager to establish losses for tax purposes.

The comparison of firms that have been more or less successful is to a significant extent a comparison between firms that have been more or less lucky.

Knowing the importance of luck, you should be particularly suspicious when highly consistent patterns emerge from the comparison of successful and less successful firms. In the presence of randomness, regular patterns can only be mirages.

the recommendations of Nudge require firms to offer contracts that are sufficiently simple to be read and understood by Human customers.

organizations feel pressure to be relevant in the digital era, stories have become a hot topic in marketing communication. Many firms have added processes and structures that enable them to find, create and evaluate strong stories. They have also added journalists and filmmakers to their staffs to present these stories in a compelling way.

Most firms will focus efforts upon one brand, protecting its position by pursuing a given positioning strategy. New segments are usually therefore uncovered by competitors who are attempting to gain a position in the market.

This means that thousands of wine firms must compete to sell their products through a relatively small number of highly concentrated distributors.

While Wall Street firms typically underwrite offerings in teams, the lead underwriter, or manager, of the offering has primary responsibility for selling the offering and reaps much of the fees and profit.

Remember, aid cannot achieve the end of poverty. Only homegrown development base on the dynamism of individuals and firms in free markets can do that.

Profitability will not come from managing hygiene factors alone: Future profitability depends on health as well—and firms' methods of measuring, reporting, and managing need to reflect both.

In government procurement, for example, the opportunity German firms have in the United States is 10 times larger than in Canada.

Privatization of the state-owned economy is not yet on the agenda. We cannot do it immediately; my colleagues would not agree to it. But we must put all forms of ownership on an equal footing immediately and let different types of ownership compete with the state firms.

In response to the drop in wealth suffered as a consequence of the 2008 financial crisis, homeowners and firms did attempt to increase savings in financial assets by reducing expenditure on durables.

Private equity does pay very well, and my counterparts, guys that I grew up with who are still working at a number of firms, all make a lot of money.

Most VC firms are looking to bring in women because of the great consumer cycle.

I'm probably a believer in abandoning too-big-to-fail firms or breaking them up in some way so that the system can try to take care of itself. I imagine you're not going to get there, and therefore, I suspect regulation is what's going to be required.

outlier firms also appeared to have fewer big, high-risk all-or-nothing bets, which is also consistent with an options orientation.

Preventing resources from being held hostage by the leaders of a particular advantage will become more standard as firms become aware of the dangers of a leader hanging on to an old advantage for too long.

Heavens," I said. "Integrity?" "One finds it in the most unlikely places," Frampton said. "Even, now and then, in law firms." "I'm heartened," I said.