‘Pass it off to the customer,’ billionaire Jim Pattison says of rising business costs

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: As inflation drives operating costs higher, a prominent Canadian business leader says one solution is to pass those rising expenses onto customers.

Source: BNNBloomberg.com – video report

Date: Jan 14, 2022

Link: https://www.bnnbloomberg.ca/pass-it-off-to-the-customer-billionaire-jim-pattison-says-of-rising-business-costs-1.1707303

Questions for discussion:

  • What guiding advice is Jim Pattison suggesting to Canadian businesses in this report?
  • What is his thinking about inflation and interest rates?
  • What does this mean for consumers and businesses?

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