Buffettology

PRESS REFRESH BUTTON IF IT DOESN’T LOAD AFTER ONE MINUTE!

1 Product
a Brand Name
b Stores need to carry to be in business
c Would the stores lose sales without this product
d Don’t know, do research online
e Company that sells something people use everyday, but wears out quickly
f Company can keep producting and selling the same product without modifying it

2 Key Services
a Something people/businesses depend on
b Does consumers are constantly in need of it

No. 6 Businesses doesn’t have organized labor

No. 7 Product/Service can increase price with inflation

No. 8 no retained earnings to maintain operations
Duarable Competitive Advantage use retained earnings to
1 Expand its operations
2 Invest in new businesses
3 Repuchase its shares

Loading...