The NY Times has an article on why the Honda Accord is so successful. Honda's formula for success is extremely complicated, involving nonlinear partial differential equations and topology, but after several hours of intense study, I can report to the Door's readers an approximate version of the key ideas: Find out what your customers want. Give it to them at a price they are willing to pay. Hope for competitors that don't understand this as well as you do.
« The National Post is a | Main | John Maynard Keynes was a »
October 01, 2002
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c9b9953ef00e55034f1868834
Listed below are links to weblogs that reference The NY Times has an:
The comments to this entry are closed.
The Door's Top 15 Posts on Economics
- Economics chutzpah award
- Again, the dopey idea that choice makes us worse off
- Excellent piece by Arnold Kling on 60s Liberals
- The Wall Street Journal seems to be mistaken about economists' pay
- Some notes on comparable worth
- Is Finland really that wonderful?
- Are Americans too stupid to save for retirement?
- Joseph Stiglitz makes either a bad joke or a mistake
- Where "unilateral effects" theory is leading the FTC
- Steve Margolis explains why people don't walk up escalators
- Recent research on economic growth
- J. Sanchez answers the charge that belief in free markets is like a religion
- A brief reply to What’s Wrong with Economics?
- Did GM destroy urban mass transit in America?
- Beating the NCAA tourney pool using economics
The Door's Top 12 Posts on Other Topics
- A dopey idea from John Edwards
- Book Tag
- Brilliant essay on the (mis)teaching of high school English
- I highly recommend the new movie Spellbound
- Leon Kass’s defense of dying is wrong
- The Door simplifies the NY Times’s complicated explanation for why Honda is successful.
- The Door's list of the Top 25 Movie Scenes of All Time
- The political affiliations of the American professorate
- Things about college admissions I had not known
- Walter C. Willett’s Eat, Drink, and Be Healthy
- Why I oppose complete drug legalization
- Why teenagers shouldn't trust adults, reason #2931
Links
- 1-2 Knockout
- A Stitch in Haste
- Admissions Quest
- AtlanticBlog
- Betsy's Page
- Blog CRM
- Blog News Channel
- Bluematter
- Bryant Smith--Florida web designer
- Canadian Private Schools
- Chicago Boyz
- Club for Growth
- Cold Spring Shops
- Conservative Grapevine
- CRM Lowdown
- Daily Vegetable
- Division of Labour
- Dr. T's EconLinks
- EclectEcon
- Econlog
- Economics Internet Library
- Economics Roundtable
- Edugree
- Environmental Economics
- Espresso Pundit
- Greg Mankiw's Blog
- Houston's Clear Thinkers
- I Will Teach You To Be Rich
- Information on Local Schools
- Kids Prefer Cheese
- Knowledge Problem
- Mahalanobis
- MainStreet
- Marginal Revolution
- Market Power
- MarketObservation.com
- Money Blog
- My Boarding School
- North State Blogs
- Online University Lowdown
- Political Calculations
- Private School Review
- QandO - Free Markets, Free People
- Right Wing News
- SCSUScholars
- Sports Economist
- StockBlogs
- The Emirates Economist
- Tim Worstall
- Tom Rants
- Town Called Dobson
- Treatment Online
- Voluntary Xchange
- Web Directory
- Whototake
Powered by TypePad
Member since 07/2003
Member since 07/2003
Comments