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Author:Morris, B.
Title:The Brand's the thing
Journal:Fortune
1996 : MAR 4, VOL. 133:4, p. 28-39
Index terms:BRANDS
COMPETITION
ECONOMICS
Language:eng
Abstract:Not so long ago, just about everyone had given up brands for dead. Now companies like Coke, Microsoft, and Disney are proving that having a strong name may be the ultimate competitive weapon. Doug Ivester was at his desk at Coca-Cola headquarters on a Friday in early April 1993 when the news crossed the broad tape. Phillip Morris was cutting the price of its Marlboro cigarettes by 40 cents a pack. It hit him like a punch in the gut. Invester knew the announcement could send stocks of big brand name companies like Coke's tumbling.
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