Wrong! It depends entirely what you are selling, with whom you are competing and how you compete. One business I work with makes a virtue of being the most expensive supplier in a highly competitive market. Safety is an important part of this client’s business and, of course, safety comes at a cost. So, this… Continue reading Cheapest is Best – Right?
Category: Economics
The Obsession with Privatisation – and its Irrelevance
Many political parties are obsessed by the issue of privatisation (either pro or anti), but surely this argument misses the whole point? The arguments involve the extent to which the public retains a stake in decision-making, but, as we shall see, ownership is often an irrelevance. Let us look at two entities, one of which… Continue reading The Obsession with Privatisation – and its Irrelevance
