“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” MayMatterForceLossResultsAcceptingReturnCompetitionFinalsRateProfitTemporary Book:My Years With General Motors Source: My Years With General Motors
“The final act of business judgment is intuitive.” JudgmentFinalsIntuitiveFortune Cookie Book:My Years With General Motors Source: My Years With General Motors