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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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More quotes by Alfred P. Sloan

It is astonishing what you can do when you have a lot of energy, ambition and plenty of ignorance.

Growth and progress are related, for there is no resting place for an enterprise in a competitive economy.

Let me deal here with what General Motors includes and with the responsibility that rests on its management.

Take my assets — but leave me my organization and in five years I'll have it all back.

Only in more production and in new production can the American standard of living be increased and the economy be sound.

Forbes, Forbes Incorporated (1959)

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Quote text and notes from Wikiquote: Alfred P. Sloan (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.