Quote by Marshall Field

Goodwill is the one and only asset that competition cannot undersell or destroy.

Goodwill is the one and only asset that competition cannot u

Summary

This quote highlights the value and importance of goodwill in any competitive environment. Goodwill refers to the positive reputation, trust, and positive relationships built by a business or individual with its customers, clients, and stakeholders. Unlike physical assets or price-based competition, goodwill cannot be easily quantified, replicated, or undermined by competitors. It represents the intangible but invaluable asset that businesses can cultivate through factors such as excellent customer service, ethical practices, and a strong sense of community. Goodwill strengthens a company's resilience, customer loyalty, and longevity, making it an asset that cannot be easily devalued or destroyed by competitive forces.

Topics

By Marshall Field

Liked the quote? Share it with your friends.

Random Quotations

Brain power improves by brain use, just as our bodily streng

Brain power improves by brain use, just as our bodily strength grows with exercise. And there is no doubt that a large proportion of the female population, from school days to late middle age, now have very complicated lives indeed.

When two people first meet, they can only have a very ordina

When two people first meet, they can only have a very ordinary kind of friendship. But when you begin to understand each other, when you get close to them, you discover that you're suddenly eager to know him or her even better.

Hate is nothing when weighed against survival. (Valentine)

Hate is nothing when weighed against survival. (Valentine)

Cassandra Clare

Life Hate Cassandra Clare

When we discover that the truth is already in us, we are all

When we discover that the truth is already in us, we are all at once our original selves.

Humor -- the perfect relationship of the parts to the whole.

Humor -- the perfect relationship of the parts to the whole.

I am super-proud to have a sort of famous character in my ba

I am super-proud to have a sort of famous character in my background that if you're a certain age, he was probably a part of your youth. I think that's pretty cool.

In science there is only physics all the rest is stamp colle

In science there is only physics all the rest is stamp collecting.

To me, photography is the simultaneous recognition, in a fra

To me, photography is the simultaneous recognition, in a fraction of a second, of the significance of an event.

Henri Cartier-Bresson

I've always been ambitious since I was nine years old and th

I've always been ambitious since I was nine years old and that was never going to change.

Stupidity is something unshakable nothing attacks it without

Stupidity is something unshakable nothing attacks it without breaking itself against it it is of the nature of granite, hard and resistant.

Gustave Flaubert

With these celestial Wisdom calms the mind, And makes the ha

With these celestial Wisdom calms the mind, And makes the happiness she does not find.

Wisdom Life Happiness Mind

The secret of a happy marriage remains a secret.

The secret of a happy marriage remains a secret.