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Just my thoughts #0727

We usually measure ‘value’ in terms of ‘price.’ Value is an abstract concept, and price is a number expressed in terms of value. Value is an economic concept, and price is an accounting concept. The problem is that the price in terms of value is not always the same as the price. Of course, the same value differs depending on the situation and also varies according to the values and beliefs of the person who recognizes it. This deviation is detrimental to some and beneficial to others. Facts are unscientific phenomena that circumstances create. Therefore, insight into the situation is a valuable ability in any case in this world. - Joseph’s “just my thoughts”
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Just my thoughts #0189

McDonald’s main menu featured barbecue, and the hamburger was one of 27 items. McDonald’s provided a system for customers to order directly, pick up a hamburger after a while, and serve the food on a plate rather than in a wrapper. When they faced stagnant business, they looked back at the cause and found that 80% of sales came from hamburgers, French fries, and beverages. It took a long time to reduce the menu and switch from plates to wrappers. The past holds back the present and the future. Poor success also involves the burdens of the past.


- Joseph’s “just my thoughts”




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