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Quote by Lee R. Raymond

“He or she must be successful in economic terms, but always within an ethical framework. Whether his or her constituency is a corporation and its shareholders or the customers in a small and privately held business, his or her first responsibility is to serve that constituency.”

Quote by Lee R. Raymond

Author

Lee R. Raymond, born on August 13, 1938, is an accomplished executive with extensive experience in the business sector. He is recognized for his expertise in business management and strategic planning. more

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“I find it interesting that many of the people who want to restrict fossil fuels live in well-developed countries where abundant and affordable energy is readily available.”

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“I have a great deal of difficulty with those who live in a hugely prosperous country telling people in the developing world that they should be deprived of a critical source of energy.”

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“In every aspect of life, including the economic dimension, we are always challenged to do the right thing. In many cases in the market system, which allows a great deal of latitude for human choice, people can get carried away to excess.”

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“The Dell Theory of Conflict Prevention argues that no two countries that are both part of the same global supply chain will ever fight a war as long as they are each part of that supply chain.”

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“It is important to remember that all business has an impact on the lives of real people.”

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“It is the potential for economic growth that provides the basis for the development of countries, for bringing to people essential goods and services, such as water to drink and facilities for healthcare.”

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“It makes no sense to talk of the social obligations of the corporation without reference to its economic obligations. The two are intertwined.”

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“The freedoms that people have that flow from all civic institutions fundamentally come from the success of a market system.”

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“The main professional responsibility of a person in business is business.”

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“The market system requires that people be committed and willing to work hard. Inherent with that is what I call a merit system, which I think gives people the greatest opportunity.”

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