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Profits Quotes - page 9
Owners are the shareholders, living outside the process of production, idling in distant countryhouse and maybe gambling at the exchange. A shareholder has no direct connection with the work. His property does not consist in tools of him to work; with his property consists simply in pieces of paper, in shares of enterprises of which he does not even know the hereabouts. His function in society is that of a parasite. His ownership does not mean that he commands and directs the machines; this is the sole right of the director. It means only that he may claim a certain amount of money without having to work for it. The property in hand, his shares, are certificates showing his right - guaranteed by law and government, by courts and police - to participate in the profits; titles of companionship in that large Society for Exploitation of the World, that is capitalism.
Antonie Pannekoek
Starting in 1918 at General Motors I found to my surprise] that if I followed the prevailing practice of intercorporate relations I would no longer be able to determine the rate of return on investment for these accessory divisions individually or as a group. This would necessarily mean that I would lose some degree of managerial control over my area of operations. At that time, material within General Motors was passing from one operating division to another at cost, or at cost plus some predetermined percentage. My divisions in the United Motors Corporation had sold both to outside customers and to their allied divisions at the market price. I knew that I operated a profit-making group, and I wished to continue to be able to demonstrate this performance to the general management, rather than to have my operating results on interdivisional business swallowed up in the extra bookkeeping profits of some other division. It was a case of keeping the information clear.
Alfred P. Sloan
We must move toward a soundly based and widely distributed economic well-being. This is the 'theory of plenty' as distinguished from the 'theory of scarcity' which has dominated our recent economic thinking and politics. Our yardstick, according to my thinking, I consists of the most effective balance between the following: First, the reduction in the real costs and selling! prices of goods and services; second, a more economic balance of national income through policies affecting wages, hours, prices and profits.
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. And, in times of inflation, the rate-of-return concept comes up against the problem of assets undervalued in terms of replacement. Nevertheless, no other financial principle with which I am acquainted serves better than rate of return as an objective aid to business judgment. This principle had governed the thinking of the Finance Committee of General Motors since 1917.
Alfred P. Sloan
Leave no stone unturned to help your clients realize maximum profits from their investment.
Arthur Nielsen
Every time a pundit or elected official is on any TV news program, it should be a polite formality to mention that GE has made such and such billions off the war in Iraq by selling arms or that Murdoch is a right-wing activist with a clear stake in who wins and who taxes his profits the least.
Adam McKay
My belief is that if I can achieve that level of entertainment by making the audience happy or sad or angry, then I have succeeded as an actor and have done my job. The profits and the fame as an actor will eventually surface, but first and foremost comes the work as an actor.
Cole Hauser
But in the past, US companies have been able to increase their profits through downsizing in the US, through colonizing other people's resources, and through the increase of globalization.
David Korten
I believe that a newspaper is a great civic asset and that ownership is best in the hands of foundations or wealthy families that want to own it for reasons other than maximizing profits. I also believe newspapers should remain in local hands.
Eli Broad
Capitalism believes that its remit is exclusively to make maximum short-term profits.
Jeremy Grantham
If you open up the mind, the opportunity to address both profits and social conditions are limitless. It's a process of innovation.
Jerry Greenfield
From the Olympian heights of an executive suite, in an atmosphere where your success is judged by the extent to which you can maximise profits, the overwhelming tendency must be to see people as units of production, as indices in your accountants' books.
Jimmy Reid
U.S. companies rely on the European market for more than half of their global foreign profits.
John Bruton
Indeed, American companies make three times as much profits from their investment in one E.U. country, Ireland, than they do from all their investments in China.
John Bruton
There is no debating that, under President Obama, corporate profits are at their highest levels in decades.
Juan Williams
Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required.
James Buchan
A lot of people have said a lot of great things about Steve Jobs. And for good reason: he built the world's second-most valuable company, with billions in profits and products that have improved every aspect of our lives. But Steve didn't get there by being a soft, fluffy, Kumbaya-type leader.
Kevin O'Leary
Broadcast TV is still the mothership and it will be for the foreseeable future. Audiences may be declining slightly but revenues are going up and profits are going up.
Leslie Moonves
Drug companies say they need to charge ever-higher prices to cover their research costs, but they spend far less on research and development than they do on marketing and administration, and afterwards they actually keep more in profits.
Marcia Angell
When Hobby Lobby was created in the early 1970s, I was committed to use profits to help ministry work.
David Green
Economic theory dictates that the value of a company is basically the present value of its future profits. To estimate Facebook's value through its future profits, we need to have a view on its user growth and how this will evolve in the next 10 to 50 years.
Didier Sornette
Imperialism was genuinely popular among Athenians who would expect to share in its profits, even if only indirectly and collectively, and not to have to bear its burdens.
J. M. Roberts
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