That has something to do with a size of the country and general level of
education.
For example you advertise something idiotic and promise it for free. (There
is no such thing in this country) Then you charge s/h $6.95 for this free
item. Less than 1% of the idiot population falls into this advertisement and
pays the s/h. Just the amount of s/h is enough to cover all the costs to the
product including the real s/h, advertising, manufacturing etc...
Client is unsatisfied and wants their money back. You don't have to pay back
because the item was free.
There are several similar situations. Then there are companies like for
example ATT (they are extremely incompetent in private and business sector)
and most of the people that gets screwed by them just take it up to their
asses and do nothing. (This is the case with the company at the top too.)
However, this is definitely off topic. I'm right not just too pissed off
with ATT in both private and business sector. Losing hundreds of $$$ / mo.
because of their incompetence. I'll fight back though. I've done it before
and actually won.
P
> -----Original Message-----
> From: owner-nolug@joeykelly.net [mailto:owner-nolug@joeykelly.net]On
> Behalf Of Brett D. Estrade
> Sent: Friday, June 13, 2003 8:47 AM
> To: nolug@joeykelly.net
> Subject: RE: [Nolug] Something that would never happen here
>
>
> > These US companies just can't realize these kinds of things
> because of the
> > short-sightedness. Companies here have tendencies of thinking Quarterly,
> > whereas elsewhere in the world this span could easily be as long as 15
> > years. More commonly 4-5 years.
>
> I don't buy that. Why do US corporations dominate the fortune
> 500 if they are so short-sighted?
>
> Brett
>
> --- Pietu <plaihonen@uno.edu> wrote:
> > >
> > >
> > > "James" <jveillo@bellsouth.net> writes:
> > >
> > > > The US Corporate mantra, with a few exceptions, is 'maximize
> > > profit'. This
> > > > mantra often means shrink the product so that more profit
> is an inherent
> > > > outcome.
> > >
> > > But the move by the Finnish company /is/ an effort towards more
> > > profit. They lower their churn rate and attract new clients. That's
> > > maximizing profits.
> > >
> > > (Another famous Finnish company, Nokia, does pretty good at maximizing
> > > profits, too, by keeping executive compensation low.)
> > >
> > > Mark.
> >
> > Yes. Nokia has been out in the world already so long that they
> have learned
> > some bad habits. The funny thing however is that Nokia still
> manufactures
> > the items they originally started with. Rubber boots (very good
> ones) and
> > car tires. Of course after those became computers, TV's cable/satellite
> > decoders, set-top boxes etc....
> >
> > And maximizing the profits by lowering the prices has happened
> before. For
> > example 12 years ago I was working on the restaurant chain in
> Finland and
> > they decided to lower food prices. Just like that. At the end
> of the fiscal
> > year, the increased sales with lower profits still turned out
> more on the
> > plus side for the company.
> >
> > These US companies just can't realize these kinds of things
> because of the
> > short-sightedness. Companies here have tendencies of thinking Quarterly,
> > whereas elsewhere in the world this span could easily be as long as 15
> > years. More commonly 4-5 years.
> >
> > P
> >
> > ___________________
> > Nolug mailing list
> > nolug@nolug.org
>
>
> =====
> "When it's third and ten, you can take the milk drinkers and I'll
> take the whiskey drinkers every time."
> --Max McGee
> #! /usr/bin/myInfo
> set url http://www.brettsbsd.net/~estrabd
> set eFax (253)484-8755
> #A.M.D.G
> exit 0
>
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Received on 06/14/03
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