Comment by bigstrat2003
2 hours ago
You may be right, but historically speaking, "this company will stick to quality standards" is a bad bet compared to "this company will cut corners to squeeze out more profit".
2 hours ago
You may be right, but historically speaking, "this company will stick to quality standards" is a bad bet compared to "this company will cut corners to squeeze out more profit".
I think the apt comparison is the rental car business. They are reasonably good at quality standards because the competition is stiff, and if the vehicles aren't reliable and clean, you will just use the company next door. This incentivizes prudent fleet management, and thanks to economies of scale, having in-house mechanics to constantly maintain the fleet quickly becomes cost efficient.