Quote:
Originally Posted by henry quirk
Nope. The purpose of every company is profit. Product or service is the means to profit. This is the basis of free enterprise (which I endorse and you despise).
|
GM wanted profits. So their products suck. They even kept making V-8 engines. As a result, only top management was reaping massive profits. Since those were the only profits that mattered.
GE did everything to maximize profits. Therefore GE product continue to lose markets. Siemens literaly gorges on GE's diminishing markets. No problem. A Central Committee (top management) is still reaping big bonuses.
Companies that worry about their products are this nation's benchmark industries. Intel ignores profits. Intel's success is based in their product - Moore's law. Intel literally risked the entire company many years ago because their next generation processors would not meet Moore's law. Their risky commitment worked. So Intel processors were cooler. AMD (that wanted to make profits) was losing money and market.
When a company wants profits, then short term profits are followed by massive losses. And the central committee of the communist party (top management) pads their bonuses. This nation's lesser productive companies are also noteworthy for highest paid corporate executives. Meanwhile, companies that innovate - make better products - then have massive profits.
Reality requires many paragraphs. And does not include any "Donald Trump" style insults. So an extremists (ie henry quirk) cannot grasp it.
Only an extremists would insist what was first told by the 'central committee of the communist party' must be the truth. A soundbyte describes this: brainwashing.
The purpose of every company - even non-profit ones - is always about its product.