5 ms·
In the long run, a company that wastes money on purchases will be beaten in the market by a company that isn't so wasteful. Marketing and sales is not wasteful
by bolt7469 4y ago
In the long run, a company that wastes money on purchases will be beaten in the market by a company that isn't so wasteful. Marketing and sales is not wasteful, but actually creates profit.
- TuringTest 4y agoI don't believe either of those are true. As it happens, the largest companies capture so much of the market that they can afford being inefficient, and they still have the power to push the competition into a corner. There are small-margin markets where this doesn't happen, bit then those markets don't have huge companies either.