"La concurrence sur des dimensions telles que la qualité ou le coût est mutuellement destructrice et ne conduit pas à la création d'un avantage durable"
— Michael Porter
Simplified Meaning:
When companies fight over who has better quality or lower prices, it hurts both of them and doesn't help them stay successful for a long time.
Related tags
Business strategy Competitive advantage Competitive strategy Long-term success Market competition Sustainable advantage Value creationFEATURED QUOTES