Goodwill is the only asset that competition cannot undersell or destroy.
Sentiment: POSITIVE
Goodwill is the one and only asset that competition cannot undersell or destroy.
Good will is the one and only asset that competition cannot undersell or destroy.
Goodwill can be indicated in various ways. I raised that particular example because at that time I was in charge. Today, I'm not in a position to present other possibilities.
Goodwill and reputation are intangibles, but they are the keys to business success. Since they are also inexorably linked to social values, it follows that a change in social norms will have a significant impact on profits.
Only a monopolist could study a business and ruin it by giving away products.
When you love competition, you don't want the market to consolidate.
You can't run a business just by selling one thing.
When you can't compete on cost, compete on quality.
You cannot bring about prosperity by discouraging thrift.
You cannot bring about prosperity without discouraging thrift.