Thursday, May 14, 2009

Greed is Good EOC

Greed is Good

We cannot deny that greed is good. It brings competition throughout business. Being the consumer we are greedy in the way of looking for a compromise between cheaper prices but also looking for a great quality for the price. Americans are lucky we get dozens of choices to choose from, though we may be looking for one item like shampoo we get to choose from the Walmart that might be a few blocks away, or a Target, and more smaller stores I pretty sure you can think of. Thanks for those greedy business men they want our money so badly in order to compete with the other dozen stores which might be placed in the same plaza they must lower prices, deal with great customer service and other nonsense that make us, the consumer, happy. Yay us!

The great down fall for those small businesses that try to make a name for themself have to compete with the greats. Meaning it’s not that they do not try hard enough but it could be that the new small businesses have no chance of competing with the big leaguers. When the big leaguers start to slide what are they to do but cut their expenses somewhere and most will take it from their work force or benefits that they might have but is that fair. I would say it is fair I rather have some benefits cut then my job lost or other employees getting laid off because wants to keep some of us safe but it has always be up to management to solve the problem so how each company works it is their business.

I know nothing of wall street or stocks all I know is buy when they are cheap, keep when your down, sell when there is profit to be made.

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