Sunday, September 02, 2007

Importance of competing on quality, not price



The encyclopaedic China, the knowledge-hungry Wafers and a guest were having dinner. China, playing host, asked the guest, "Will you have Coke or Pepsi?"
The guest was shocked. "Pepsi, of course," he said.
"What's the of-course to it?" asked Wafers.
"I work for Pepsi. At Pepsi anything is pardonable but not sipping Coke. A Pepsi employee seen having Coke, whatever his position in the company, is instantly given the pink slip."
As Wafers heard that with apparent disbelief, the guest added, "the same is the story at Coke. If a Coke employee is seen having Pepsi, whatever his position in the company, he is sacked pronto."

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