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Tag: Peter Drucker

Total 8 Posts

Quality in a

Quality in a product or service is not what the supplier puts in. It is what the customer gets out and is willing to pay for. A product is not quality because it is hard to make and costs a lot of money, as manufacturers typically believe. This is incompetence.

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In all recorded

In all recorded history there has not been one economist who has had to worry about where the next meal would come from.