“People, materials, facilities, money, and time are the resources available to us for conducting our business. By applying our skills, we turn these resources into useful products and services. If we do a good job, customers pay us more for our products than the sum of our costs in producing and distributing them. This difference, our profit, represents the value we add to the resources we utilize.”
Quote by David Packard
Author
David Packard
David Packard, an American entrepreneur, co-founded HP with William Hewlett. His contributions to technology and business have had a profound impact on the development of the modern computer industry. more
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