Thursday, August 14, 2008

Quality vs. Cost

In today's globalized 'flat' world, where every other firm is on a race to exploit the cost advantage by looking at manufacturing / producing goods and / or delivering services out of 'developing' economies - you may want to 'oversee' how certain retailers are marketing this.

I bumped into this in the Budapest main market - and initially it seemed extremely funny, but then the thought of how 'quality' and 'cost competition' - in this case, low quality vs. low cost are perceived almost going hand in hand - it is definitely something to ponder about.