From the category archives:

economics

Lower Prices on the High Seas (but they still need to lower their footprint)

February 14, 2009

Suppose you build an outrageously large and opulent boat:
 
Your entire business model involves the manufacture of grandeur. You’re in the service industry, and your customers are served a taste of posh affluence.
  
Perhaps your company’s name even subtly hints towards the regal (Royal Caribbean; Princess), or alludes to festivals and escape and the unbridling of inhibitions [...]

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