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Competition is the final price determinant and competitive prices may result in profits which force you to accept a rate of return less than you hoped for, or for that matter to accept temporary losses
Alfred P. Sloan
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Alfred P. Sloan
Age: 90 †
Born: 1875
Born: May 23
Died: 1966
Died: February 17
Author
Entrepreneur
New Haven
Connecticut
Alfred Pritchard Sloan
Jr.
Return
Finals
Determinant
Accepting
Price
Losses
Results
Profit
Hoped
Less
Competition
Profits
Force
Rate
Prices
May
Result
Competitive
Matter
Accept
Temporary
Loss
Final
More quotes by Alfred P. Sloan
... Too often we fail to recognize and pay tribute to the creative spirit. It is that spirit that creates our jobs.
Alfred P. Sloan
I have never issued an order since I have been the operating head of the corporation.
Alfred P. Sloan
Bedside manners are no substitute for the right diagnosis.
Alfred P. Sloan
There has to be this pioneer, the individual who has the courage, the ambition to overcome the obstacles that always develop when one tries to do something worthwhile, especially when it is new and different.
Alfred P. Sloan
Never inject a man into the top, if it can be avoided. In a big organization, to have to do that, I think, is a reflection on management, Of course there are always exceptional cases.
Alfred P. Sloan
The worst is over without a doubt.
Alfred P. Sloan
The late Alfred P. Sloan, Ir., long-time executive of General Motors Corporation, had a fivepoint secret of success. It was: 1. Get the facts. 2. Recognize the equities of all concerned. 3. Realize the necessity of doing a better job every day. 4. Keep an open mind. 5. Work hard.
Alfred P. Sloan
It is astonishing what you can do when you have a lot of energy, ambition and plenty of ignorance.
Alfred P. Sloan
[Could] motor cars could be produced [in a country like Germany] and sold in competition in the American market . . . .In my opinion it is impossible to reach the conclusion that competition from without can ever be any factor whatsoever?
Alfred P. Sloan
If you do it right 51 percent of the time you will end up a hero.
Alfred P. Sloan
Never make a personnel judgment the first time it comes up.
Alfred P. Sloan
If we are all in agreement on the decision - then I propose we postpone further discussion of this matter until our next meeting to give ourselves time to develop disagreement and perhaps gain some understanding of what the decision is all about.
Alfred P. Sloan
I see no reason why 1931 should not be an extremely good year.
Alfred P. Sloan
The business of business is business.
Alfred P. Sloan
Some have an idea that the reason we in this country discard things so readily is because we have so much. The facts are exactly opposite-the reason we have so much is simply because we discard things so readily. We replace the old in return for something that will serve us better.
Alfred P. Sloan
It is impossible to get the measure of what an individual can accomplish unless the responsibility is given him.
Alfred P. Sloan
A car for every purse and purpose.
Alfred P. Sloan
Give a man a clear-cut job and let him do it.
Alfred P. Sloan
In any organization men would move up form the bottom to the top. That develops loyalty, ambition and talent, because there is a chance for promotion.
Alfred P. Sloan
Advanced engineering always, like advanced everything else, brings down upon it the discredit of ridicule of minds who cannot see so far.
Alfred P. Sloan
