02-19-2009, 09:25 PM
Dears,
I would appreciate if Kamran Fasih can tell us how he concluded that CAs have lesser accounting knowledge. I would also wish to know how much he knows about accounting and to his apprehension what the accounting in fact is? No offence. Just questions!! Mind it; I am not undermining any other qualification.
Awais,
Dear I would appreciate if you tell when Pepsi reduced its prices. Further, what is market share of your Amrat cola so far regardless of whatever price reduction game it played? Furthermore, it would be appreciated if you tell us the date of commencement of business by Amrat Cola so that we may assess how long it has been making such efforts.
I may add one thing. One of my cousins owned a mineral water company with a famous brand name that was among the top quality waters in those days. When he launched his business I asked him what price he was going to fix. He told me "just equal to Nestle". I asked "why, this way you may not get a good market share". He explained, "if I will reduce the price it will show a difference in quality and people will never get attracted to it regardless that our brand is best in quality".
So, to my apprehension, where quality is the objective, one cannot consider the price variance.
Regards,
KAMRAN.