Pricing Power (Score 1)

In financial terms, if you have pricing power, you can do what you want. If you don't, it's called deflation and you do what the customer wants or you go out of business. As an employee, you are in a business relationship with your employer. Which of you can go down the block for a substitute? This is why you can walk out and get a cheap burger from half a dozen chains. But if you want a hand-built guitar from the Fender Custom Shop, you pay their price.