Early entry is appropriate when the following general circumstances hold: - Image and reputation of the firm are important to the buyer, and the firm can develop an enhanced reputation by being a pioneer. - Early entry can initiate the learning process in a business in which the learning curve is important, experience is difficult to imitate, and it will not be nullified by successive technological generations. - Customer loyalty will be great, so that benefits will accrue to the firm that sells to the customer first. - Absolute cost advantages can be gained by early commitment to supplies of raw materials, distribution channels, and so on.
Michael E. PorterRelated topics
absolute accrue appropriate business buyer commitment cost curve customer distribution early entry experience firm following general great hold image initiate learning loyalty pioneer process raw reputation circumstances channelsRelated quotes
Consider your state of mind-your consciousness-before going to sleep. This is extremely important. Make a commitment to spend at least fifteen minutes spiritualizing your consciousness before going to bed. Read something spiritual, listen to spiritual discourse or music, or engage in discussion on a spiritual topic. Push aside the chaos and confusion that were a part of your day, and focus on spiritual reality. In this way, you will prepare yourself for the next six to eight hours of sleep. If you allow yourself to focus spiritually, you will provide less of an opportunity for negative elements to enter your dreams. You can then benefit most from your sleeping state.
Bhakti Tirtha Swami
The method of successive approximations is often applied to proving existence of solutions to various classes of functional equations; moreover, the proof of convergence of these approximations leans on the fact that the equation under study may be majorised by another equation of a simple kind. Similar proofs may be encountered in the theory of infinitely many simultaneous linear equations and in the theory of integral and differential equations. Consideration of semiordered spaces and operations between them enables us to easily develop a complete theory of such functional equations in abstract form.
Leonid Kantorovich
We are grateful to The Washington Post, The New York Times, Time magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. ... It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the world is now much more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries.
David Rockefeller
I have presented the periodic table as a kind of travel guide to an imaginary country, of which the elements are the various regions. This kingdom has a geography: the elements lie in particular juxtaposition to one another, and they are used to produce goods, much as a prairie produces wheat and a lake produces fish. It also has a history. Indeed, it has three kinds of history: the elements were discovered much as the lands of the world were discovered; the kingdom was mapped, just as the world was mapped, and the relative positions of the elements came to take on a great significance; and the elements have their own cosmic history, which can be traced back to the stars.
Peter Atkins
God has permitted and does permit us to be shaken by adversity. Difficult times lie ahead. We will be greatly tested. We have to take this warning seriously and live spiritually... Many saints would have loved to have lived in our times and have had our chance to struggle for Christ... Our struggle matters because it is not a struggle against an Ali Pasha, or a Hitler and a Mussolini, but a struggle against the devil himself. For this reason, our wages will be heavenly... The saints will become more holy and the vile will become more vile. Yet I feel great consolation inside. This is only a storm; like past storms, it will pass. May the Good God take evil and turn it into good. Amen.
Paisios of Mount Athos
