Quote by: Alfred P. Sloan

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.


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Author Bio


  • NameAlfred P. Sloan
  • DescriptionAmerican businessman
  • BornMay 23, 1875
  • DiedFebruary 17, 1966
  • CountryUnited States Of America
  • ProfessionEntrepreneur