Competition within the retail force is good, right?

Nocturnal

Lifer
Jan 8, 2002
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Why do owners of companies or various executives think that everyone in this entire world only wants ONE solution or one option to shop at?

Is this commong amongst executives? That they want to shut down the rest of the competition and only have their store exclusively as thee defacto standard because the consumers want it?

I work for a place that wants to drive out all of their competition because they said that is what the consumers want.

Is there any truth to that at all?

Isn't that a lie?

I know for a fact, I want many options. I want options so that some company doesn't rape me on prices. If there is only ONE option, there is no room for regulation, no room for advacements, no room for nada. They can set their prices to what they want, they don't have to advance their technology, they could even have roaches crawling around their facilities due to the fact that there is no more competition.

Is this how all execs think?
 

nakedfrog

No Lifer
Apr 3, 2001
61,697
17,367
136
If there's only THEIR company, then that's the one that will make all the money.
 

alkemyst

No Lifer
Feb 13, 2001
83,769
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Originally posted by: nakedfrog
If there's only THEIR company, then that's the one that will make all the money.

QFT...the don't think everyone wants only one solution...but they want their's to still be the only option.
 

Deeko

Lifer
Jun 16, 2000
30,213
12
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haha obviously they want to drive out competition so all customers are forced to go through them.
 

Leros

Lifer
Jul 11, 2004
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It would be convenient for the customer if the one remaining business wasn't going to screw the customers over.
 

CorCentral

Banned
Feb 11, 2001
6,415
1
0
That remids me of a movie I watched today with Luke Wilson called...... (3001).

Costco was the ruler and Mountain Dew was used to feed crops because it has electrolytes! :laugh:
Funny movie, did'nt get to see it from the beginning.


Playing a man who goes to sleep only to wake up 1,000 years in the future.

"3001" centers on Joe Bowers (Wilson), an average American who is selected for a top-secret hibernation program that finds him waking up and living among a society 10 centuries in the future. He finds that civilization is so dumbed-down that he is the most intelligent person alive.

Judge, the man behind "Beavis and Butt-head" and "King of the Hill," co-wrote the script and will serve as a producer.


edit--- If I remember right, I thought they were saying about 500-550 years into the future??
 

CorCentral

Banned
Feb 11, 2001
6,415
1
0
Originally posted by: Leros
CorCentral,

The movie was Idiocracy and it sucked balls.

Parts of it were funny though. I know going into a movie like this, that it's not going to be great. What about all the crappy Sci Fi movies they still make? Most of them are crap. I still love some of them.

 

ShawnD1

Lifer
May 24, 2003
15,987
2
81
Gaining a monopoly is a great way to make money because it allows your company to make huge mistakes and still come out on top. A lot of people seem to hate Windows Vista, but MS is still making money on it. Creative is a shitty company that deliberately cripples its products (google search "Daniel K"), but people still buy their products. EA doesn't patch their games, and Ubisoft games don't even work half the time (SecureRom), but neither of those companies is losing money.

The other side is that your stock generally goes up when the company grows. Waste Management has been building up a monopoly for quite a while, and their stock price soared as a result. If the CEO owns a lot of stock (he does), and the stock pays a dividend, making the company grow is a great way to give yourself a raise, when you're the CEO.
 

zerocool1

Diamond Member
Jun 7, 2002
4,486
1
81
femaven.blogspot.com
Originally posted by: CorCentral
That remids me of a movie I watched today with Luke Wilson called...... (3001).

Costco was the ruler and Mountain Dew was used to feed crops because it has electrolytes! :laugh:
Funny movie, did'nt get to see it from the beginning.


Playing a man who goes to sleep only to wake up 1,000 years in the future.

"3001" centers on Joe Bowers (Wilson), an average American who is selected for a top-secret hibernation program that finds him waking up and living among a society 10 centuries in the future. He finds that civilization is so dumbed-down that he is the most intelligent person alive.

Judge, the man behind "Beavis and Butt-head" and "King of the Hill," co-wrote the script and will serve as a producer.


edit--- If I remember right, I thought they were saying about 500-550 years into the future??


idiocracy
EDIT: I was beaten to it...
 

wetcat007

Diamond Member
Nov 5, 2002
3,502
0
0
It's best for the executives to take out all competition if at all possible, that way they can pay employees less, and charge more for stuff. Is it good for the consumer? of course not. Will the company try and brainwash employees to think that if they wipe out all competition the world would be a better place? Yes, this does often happen, and it may even work on some people.

Do you think Steve Balmer says "oh boy I sure do wish we had some competition so we would have to make decent products" or does he prefer to have money pour in no matter what they release.
 

Jeff7

Lifer
Jan 4, 2001
41,596
19
81
Competition means that you have to work for money.

A monopoly means you can piss on your customers, and they'll pay you to do it, despite (most of them) disliking it. Golden parachute and golden showers. What more do you want?


When your profit margins are on the line, nothing else matters. Customers are unhappy? Employees unhappy? So what, if you're the only game in town, no one has the option of taking their business elsewhere.

 

Amused

Elite Member
Apr 14, 2001
57,108
18,636
146
It's not called the "competition" because they want to join hands and make hippie love.

They don't want to drive out the competition because it's what consumers want. I believe you have misunderstood what they mean. They want to become the only thing the consumers want and thereby drive out the competition.

No businessman of any merit would, for a minute, think consumers don't want choices.