Tag Archives: competition

Is OPEC about to break-up?

OPEC is an organisation made up of 12 oil-producing countries which operates as a cartel to try to control oil prices. It was formed in 1960 by Iran, Iraq, Kuwait, Venezuela and Saudi Arabia, with most of the rest of … Continue reading

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The hidden benefit in using small companies

Last year Lloyds TSB started a programme of staff cuts, cost cutting and efficiency improvements. They said: “We will optimise our demand management, simplify specifications and further strengthen our supplier relationships, reducing the number of suppliers to the group from … Continue reading

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Be careful before you put your competitors out of business

Too many people think of business as a simple win/lose situation, where for every winner there must be a loser. Gore Vidal summed up this idea when he said: “It is not enough to succeed. Others must fail” Alan Mulally, … Continue reading

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