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I was told that Econ 101 says this doesn’t happen
Comments
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I was making the Dr. Evil air quotes when I posted it.TheKobeStopper said:
Couldn’t have said it better myself.PurpleThrobber said:
Those profits are made off the backs of the laborers.thechatch said:
Nice subtle straw man to show everyone you don’t know what you’re talking about. Big corps would always rather cut costs than raise prices in a competitive market. Period.TheKobeStopper said:
Lol.thechatch said:
A little lesson for wanna-be Econ heroes with soft science degrees like Kobe...TheKobeStopper said:They raised prices back in 2018 too, in the greatest economy in american history.
https://www.google.com/amp/s/fortune.com/2018/06/07/starbucks-raises-coffee-prices-2018/amp/
Raise prices, more profit, profit good. You guys must have missed that day in Econ 101.
Raising prices in a competitive market is pretty much the LAST thing a CEO wants to do in order to maintain profit margins.
Inflation and spiking CoGS are THE two external factors that force a company’s hand, in that regard.
https://www.google.com/amp/s/www.seattletimes.com/business/starbucks-posts-record-quarterly-sales-thanks-to-us-business/?amp=1
It is not the last thing they want to do, the last thing they want to do is make less than last year.
That’s the most bullshit use of the word “force” I’ve ever seen. Record profits and poor little Starbucks is forced to raise prices just to continue making record profits. It must be so hard. Their dick in your mouth that is.
And the Seattle times article only focused on revenues, not profits, as you clumsily conflate in your response.
Btw a CEO’s sole job is to maximize shareholder value. Increasing margins year over year is the goal of every FP business organization in the world.
Why do I waste my time with you?
That's called mocking.
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Starbucks is a luxury and a convenience brand, so there is less elasticity inherently in their pricing to consumers. Especially at a low per unit price point.TheKobeStopper said:
Lol.thechatch said:
A little lesson for wanna-be Econ heroes with soft science degrees like Kobe...TheKobeStopper said:They raised prices back in 2018 too, in the greatest economy in american history.
https://www.google.com/amp/s/fortune.com/2018/06/07/starbucks-raises-coffee-prices-2018/amp/
Raise prices, more profit, profit good. You guys must have missed that day in Econ 101.
Raising prices in a competitive market is pretty much the LAST thing a CEO wants to do in order to maintain profit margins.
Inflation and spiking CoGS are THE two external factors that force a company’s hand, in that regard.
https://www.google.com/amp/s/www.seattletimes.com/business/starbucks-posts-record-quarterly-sales-thanks-to-us-business/?amp=1
It is not the last thing they want to do, the last thing they want to do is make less than last year.
That’s the most bullshit use of the word “force” I’ve ever seen. Record profits and poor little Starbucks is forced to raise prices just to continue making record profits. It must be so hard. Their dick in your mouth that is.
A CEO gets fired when the finance/sourcing teams warns them about future cost increases on the horizon and they don't react to get ahead of that. Actual inflation is triggered just by the fear of future inflation.
This whole thing is hilarious in the sense that Starbucks has been on the vanguard of allowing homeless people to shoot up in bathrooms and convincing gender studies majors to work glorified fast food. -
I know, buddy. I’d still say it.PurpleThrobber said:
I was making the Dr. Evil air quotes when I posted it.TheKobeStopper said:
Couldn’t have said it better myself.PurpleThrobber said:
Those profits are made off the backs of the laborers.thechatch said:
Nice subtle straw man to show everyone you don’t know what you’re talking about. Big corps would always rather cut costs than raise prices in a competitive market. Period.TheKobeStopper said:
Lol.thechatch said:
A little lesson for wanna-be Econ heroes with soft science degrees like Kobe...TheKobeStopper said:They raised prices back in 2018 too, in the greatest economy in american history.
https://www.google.com/amp/s/fortune.com/2018/06/07/starbucks-raises-coffee-prices-2018/amp/
Raise prices, more profit, profit good. You guys must have missed that day in Econ 101.
Raising prices in a competitive market is pretty much the LAST thing a CEO wants to do in order to maintain profit margins.
Inflation and spiking CoGS are THE two external factors that force a company’s hand, in that regard.
https://www.google.com/amp/s/www.seattletimes.com/business/starbucks-posts-record-quarterly-sales-thanks-to-us-business/?amp=1
It is not the last thing they want to do, the last thing they want to do is make less than last year.
That’s the most bullshit use of the word “force” I’ve ever seen. Record profits and poor little Starbucks is forced to raise prices just to continue making record profits. It must be so hard. Their dick in your mouth that is.
And the Seattle times article only focused on revenues, not profits, as you clumsily conflate in your response.
Btw a CEO’s sole job is to maximize shareholder value. Increasing margins year over year is the goal of every FP business organization in the world.
Why do I waste my time with you?
That's called mocking. -
Couldn't be more ignorant. Who is forcing a woman studies major with no skills other than some tattoos and piercings and a 100k in student debt to work at Starbucks? Their labor is worth was an employer will pay them. If they wanted to work for Goldman Sachs perhaps a finance degree and then an MBA from a top tier business school would be a good choice. Or a biology degree followed by medical school. Lots of choices. Fascists hate choice.TheKobeStopper said:
Couldn’t have said it better myself.PurpleThrobber said:
Those profits are made off the backs of the laborers.thechatch said:
Nice subtle straw man to show everyone you don’t know what you’re talking about. Big corps would always rather cut costs than raise prices in a competitive market. Period.TheKobeStopper said:
Lol.thechatch said:
A little lesson for wanna-be Econ heroes with soft science degrees like Kobe...TheKobeStopper said:They raised prices back in 2018 too, in the greatest economy in american history.
https://www.google.com/amp/s/fortune.com/2018/06/07/starbucks-raises-coffee-prices-2018/amp/
Raise prices, more profit, profit good. You guys must have missed that day in Econ 101.
Raising prices in a competitive market is pretty much the LAST thing a CEO wants to do in order to maintain profit margins.
Inflation and spiking CoGS are THE two external factors that force a company’s hand, in that regard.
https://www.google.com/amp/s/www.seattletimes.com/business/starbucks-posts-record-quarterly-sales-thanks-to-us-business/?amp=1
It is not the last thing they want to do, the last thing they want to do is make less than last year.
That’s the most bullshit use of the word “force” I’ve ever seen. Record profits and poor little Starbucks is forced to raise prices just to continue making record profits. It must be so hard. Their dick in your mouth that is.
And the Seattle times article only focused on revenues, not profits, as you clumsily conflate in your response.
Btw a CEO’s sole job is to maximize shareholder value. Increasing margins year over year is the goal of every FP business organization in the world.
Why do I waste my time with you? -
Kobe wants 5 dollar a gallon gas though
Because he cares -
And Cali level cheap green renewable electricity prices for all states.RaceBannon said:Kobe wants 5 dollar a gallon gas though
Because he cares -
“Welcome everyone, I’d like to announce that our goal in 2022 is to make less than last year”.TheKobeStopper said:
Lol.thechatch said:
A little lesson for wanna-be Econ heroes with soft science degrees like Kobe...TheKobeStopper said:They raised prices back in 2018 too, in the greatest economy in american history.
https://www.google.com/amp/s/fortune.com/2018/06/07/starbucks-raises-coffee-prices-2018/amp/
Raise prices, more profit, profit good. You guys must have missed that day in Econ 101.
Raising prices in a competitive market is pretty much the LAST thing a CEO wants to do in order to maintain profit margins.
Inflation and spiking CoGS are THE two external factors that force a company’s hand, in that regard.
https://www.google.com/amp/s/www.seattletimes.com/business/starbucks-posts-record-quarterly-sales-thanks-to-us-business/?amp=1
It is not the last thing they want to do, the last thing they want to do is make less than last year.
That’s the most bullshit use of the word “force” I’ve ever seen. Record profits and poor little Starbucks is forced to raise prices just to continue making record profits. It must be so hard. Their dick in your mouth that is.
Said no CEO ever. Kobe lives in a world where rainbows and unicorn farts rule the day.
Commie gonna Commie. -
46XiJCAB said:
“Welcome everyone, I’d like to announce that our goal in 2022 is to make less than last year”.TheKobeStopper said:
Lol.thechatch said:
A little lesson for wanna-be Econ heroes with soft science degrees like Kobe...TheKobeStopper said:They raised prices back in 2018 too, in the greatest economy in american history.
https://www.google.com/amp/s/fortune.com/2018/06/07/starbucks-raises-coffee-prices-2018/amp/
Raise prices, more profit, profit good. You guys must have missed that day in Econ 101.
Raising prices in a competitive market is pretty much the LAST thing a CEO wants to do in order to maintain profit margins.
Inflation and spiking CoGS are THE two external factors that force a company’s hand, in that regard.
https://www.google.com/amp/s/www.seattletimes.com/business/starbucks-posts-record-quarterly-sales-thanks-to-us-business/?amp=1
It is not the last thing they want to do, the last thing they want to do is make less than last year.
That’s the most bullshit use of the word “force” I’ve ever seen. Record profits and poor little Starbucks is forced to raise prices just to continue making record profits. It must be so hard. Their dick in your mouth that is.
Said no CEO ever. Kobe lives in a world where rainbows and unicorn farts rule the day.
Commie gonna Commie.
Parody.46XiJCAB said:
Are you on the side of the working class or not, Bitch?TheKobeStopper said:
Oh yes, the summer America burned to the ground.PurpleThrobber said:
Bad apples burned America for an entire summer.TheKobeStopper said:
https://www.google.com/amp/s/www.cbc.ca/amp/1.6333266RaceBannon said:Just one
Thud
Racking up a lot up bad apples.
Fuck off.
It’s actually very impressive how well Biden has done considering the entire country is ash and soot. -
Commie said what?TheKobeStopper said:46XiJCAB said:
“Welcome everyone, I’d like to announce that our goal in 2022 is to make less than last year”.TheKobeStopper said:
Lol.thechatch said:
A little lesson for wanna-be Econ heroes with soft science degrees like Kobe...TheKobeStopper said:They raised prices back in 2018 too, in the greatest economy in american history.
https://www.google.com/amp/s/fortune.com/2018/06/07/starbucks-raises-coffee-prices-2018/amp/
Raise prices, more profit, profit good. You guys must have missed that day in Econ 101.
Raising prices in a competitive market is pretty much the LAST thing a CEO wants to do in order to maintain profit margins.
Inflation and spiking CoGS are THE two external factors that force a company’s hand, in that regard.
https://www.google.com/amp/s/www.seattletimes.com/business/starbucks-posts-record-quarterly-sales-thanks-to-us-business/?amp=1
It is not the last thing they want to do, the last thing they want to do is make less than last year.
That’s the most bullshit use of the word “force” I’ve ever seen. Record profits and poor little Starbucks is forced to raise prices just to continue making record profits. It must be so hard. Their dick in your mouth that is.
Said no CEO ever. Kobe lives in a world where rainbows and unicorn farts rule the day.
Commie gonna Commie.
Parody.46XiJCAB said:
Are you on the side of the working class or not, Bitch?TheKobeStopper said:
Oh yes, the summer America burned to the ground.PurpleThrobber said:
Bad apples burned America for an entire summer.TheKobeStopper said:
https://www.google.com/amp/s/www.cbc.ca/amp/1.6333266RaceBannon said:Just one
Thud
Racking up a lot up bad apples.
Fuck off.
It’s actually very impressive how well Biden has done considering the entire country is ash and soot. -
Kobe doesn’t understand that two things can be true at the same time.
You can support the working truckers and also believe a company can make as much profit as the market will allow.
