Quotes & Sayings About Industry Competition

The best marketing strategy is to destroy your industry before your competition does. — Seth Godin

We are so accustomed to the miracle of private enterprise that we habitually take it for granted. But how does private industry solve the incredibly complex problem of turning out tens of thousands of different goods and services in the proportions in which they are wanted by the public? ... It solves these problems through the institutions of private property, competition, the free market, and the existence of money - through the interrelations of supply and demand, costs and prices, profits and losses. — Henry Hazlitt

The conditions of city life may be made healthy, so far as the physical constitution is concerned; but there is connected with the business of the city so much competition, so much rivalry, so much necessity for industry, that I think it is a perpetual, chronic, wholesale violation of natural law. There are ten men that can succeed in the country, where there is one that can succeed in the city. — Henry Ward Beecher

I had a hard time treating my field as if it's horse racing, putting actors in competition against each other. I see how the industry and the studios feel it's important, but I don't really have a feeling for being in competition. I want to feel sympathetic and close to others, not opposed to them. — Alan Arkin

We're looking for something where we can make something happen: an industry where the competition is asleep, hasn't taken advantage. It's going to be hard to find another Blockbuster, but that doesn't mean you can't have three good companies growing. The point is, we're going to be busy. — Wayne Huizenga

I am determined to use competition law to protect European industry and consumers. — Neelie Kroes

It certainly makes sense to expand the pulp industry in Indonesia, .. It's clear that it will be a very competitive exporter of pulp to the rest of the world, including China and India. So the interest by the Indonesian government is clearly to establish a really competitive plantation fiber base to support a globally attractive export industry. — David Walker

Fairchild Parent rewarded Fairchild Child's success the way all East Coast companies of the era did: it kept a sizable chunk of the profits to fund other company operations, and it promoted the people at the top of the division to a fancier position and a better salary for a job well done. Back in New Jersey, it didn't cross anyone's mind that this was exactly the wrong response to an egalitarian company that shared both risk and reward among all of its employees, whose executives had moved to California precisely to get away from the Old World of business, and which needed to plow most of its profits back into product development to stay ahead of the competition in a fast-moving take-no-prisoners industry. — Michael S. Malone

A colleague saw the same model-calibrating the elasticity of demand facing a Cournot oligopolist as a function of the number of firms in the industry
described at the University of Chicago and at M.I.T. A Chicago economist derived the formula and said, "Look at how few firms you need to get close to infinite elasticities and perfect competition." An M.I.T. economist derived the same formula and said, "Look at how large n has to be before you get anywhere close to an infinite elasticity and perfect competition." — Matthew Rabin

I believe the auto industry is a competition of human resources, competition of funding, competition of technology - and the competition is international. — Li Shufu

Today, the forces of competition, technology, and globalization have converged to spur innovation and to transform the way business is done in the securities industry. — Arthur Levitt

I've always considered making it legal for Americans to import their prescription drugs a free-trade issue. Imports create competition and keep domestic industry more responsive to consumers. — Chuck Grassley

In our industry, there are so many competing companies and games, and they have people constantly out spying on competition. For example, Valve in Seattle tries to keep their location a secret. — Rony Abovitz

The healthcare industry has never had a priority on user experience because there has been little competition. Prices have never been transparent. — John Sculley

One of the reasons Wall Street had cooked up this new industry called structured finance was that its old-fashioned business was every day less profitable. The profits in stockbroking, along with those in the more conventional sorts of bond broking, had been squashed by Internet competition. — Michael Lewis

I tell young entrepreneurs to use the leader in their industry and as a benchmark as they work to create their own brand. Don't look at what your competition is doing - if you emulate the leader in your industry, you will achieve a higher level of engagement with consumers and make their buying experience richer. — Steve Stoute

Competition is a great thing and critically important in any industry. I respect the companies that build their brand through innovation/great product, packaging, sharp marketing and clever ideas. — John Robinson

For the 4 percent of our population that is left on the farm does not, by any stretch of imagination, feed the rest. That 4 percent is only a small part, and the worst-paid part, of a food production network that includes purchasers, wholesalers, retailers, processors, packagers, transporters, and the manufacturers and salesmen of machines, building materials, feeds, pesticides, herbicides, fertilizers, medicines, and fuel. All these producers are at once in competition with each other and dependent on each other, and all are dependent on the petroleum industry. As — Wendell Berry

Morgan then formed the U.S. Steel Corporation, combining Carnegie's corporation with others. He sold stocks and bonds for $1,300,000,000 (about 400 million more than the combined worth of the companies) and took a fee of 150 million for arranging the consolidation. How could dividends be paid to all those stockholders and bondholders? By making sure Congress passed tariffs keeping out foreign steel; by closing off competition and maintaining the price at $28 a ton; and by working 200,000 men twelve hours a day for wages that barely kept their families alive. And so it went, in industry after industry - shrewd, efficient businessmen building empires, choking out competition, maintaining high prices, keeping wages low, using government subsidies. These industries were the first beneficiaries of the welfare state. — Howard Zinn

Market without competition impedes its' dynamics. — Toba Beta

Companies that are made up of clusters of leaders will actually accelerate their growth by speeding up their rate of innovation as their competition pulls back, build better teams by investing in people while their rivals shrink training budgets, and pick up top talent as their industry peers lay people off. And so fast companies get that unsettling times are actually gifts for them and periods to get so far ahead of the competition that they can never catch up. — Robin S. Sharma

Obamacare is socialism? Nope - as insurance companies vie to sell new policies, competition within private industry is growing rapidly, with the number of participating insurers growing by 26 percent between 2014 and 2015, and the number of products they offer growing by 66 percent. — Kurt Eichenwald

I'm a great believer in the competitive system, and think that competition will bring us greater innovation and put American industry in information ahead of everyone also. — Harold H. Greene

I think the environment has become more competitive. That has made Indian industry more concerned with a) its customers, b) the quality of its products, and c) its brand image in the marketplace. — Ratan Tata

Copy, not from your industry, from others. You have to go where there is no competition. — Seth Godin

The fashion industry is completely different from the acting industry, but definitely the same as well, because there's cattiness and competition just like in the modeling world. — Sara Paxton

The lower strata of the middle class - the small tradespeople, shopkeepers, retired tradesmen generally, the handicraftsmen and peasants - all these sink gradually into the proletariat, partly because their diminutive capital does not suffice for the scale on which Modern Industry is carried on, and is swamped in the competition with the large capitalists, partly because their specialized skill is rendered worthless by the new methods of production. Thus the proletariat is recruited from all classes of the population. — Karl Marx

If I looked at every other girl in the entertainment industry as competition, my life would be really lonely. I wouldn't have some of the coolest friends that I'm so glad I've gotten to know. — Taylor Swift

Competition is always a fantastic thing, and the computer industry is intensely competitive. — Bill Gates

If low price is the only basis of competition with rival products, similarly produced, there ensues a cut-throat competition which can end only by taking all the profit and incentive out of the industry. The logical way out of this dilemma is for the manufacturer to develop some sales appeal other than mere cheapness, to give the product, in the public mind, some other attraction, some idea that will modify the product slightly, some element of originality that will distinguish it from products in the same line. Thus, — Edward L. Bernays

U.S. labor leaders will realize that automation can multiply man's wealth far more rapidly than it is multiplying at present and that automation will leave all men free to search and research ... Realizing the direct competition with foreign industry on a straight labor basis will mean swiftly decreasing wages per hour and longer hours and decreasing buying power of the public. — R. Buckminster Fuller

If you could get all the people in an organization rowing in the same direction, you could dominate any industry, in any market, against any competition, at any time. — Patrick Lencioni

The partnership is part of a flourishing industry that pairs plaintiffs' lawyers with state attorneys general to sue companies, a collaboration that has set off a furious competition between trial lawyers and corporate lobbyists to influence these officials. — Anonymous

I think the difficult thing is the transition between TV competition series and going into the actual music industry. There still seems to be a slight disconnect there. — Adam Lambert

Are you afraid that you're hurting your national auto industry? - Environmental protection isn't a burden. It's innovation. Protecting a backward industry is no way to promote innovation. The government's role is to set standards and then ensure fair competition in the market. You win the market through fair competition. — Chai Jing

This is rat eat rat, dog eat dog. I'll kill 'em, and I'm going to kill 'em before they kill me. Speaking of competition in the fast-food industry. — Ray Kroc

Many other raw food products--notably poultry from CAFOs--typically carry a much higher threat to human health in terms of pathogen load, and yet the government trusts us to render it safe in our own humble kitchens. But it's easy to see how impossibly strict milk rules might gratify industry lobbyists, by eliminating competition from family producers. — Barbara Kingsolver

Imports create competition and keep domestic industry more responsive to consumers. In the United States, we import everything consumers want. So why not pharmaceuticals? — Chuck Grassley

The key here is not to pursue pricing against the competition within an industry but rather to pursue pricing against substitutes and alternatives across industries and nonindustries. — W.Chan Kim