"I think in just about any business the low cost competitor is always going to have an advantage"
- Gerard Arpey
About this Quote
Gerard Arpey's quote suggests that in any business, the company with the most affordable expense of production will have a benefit over its rivals. This is because the lower cost of production allows the company to offer its product and services at a lower rate, making them more attractive to customers. This can cause increased sales and market share, which can offer the business a competitive edge. Additionally, the lower expense of production can likewise result in higher profits, enabling the business to reinvest in its operations and broaden its reach. Ultimately, the low cost rival is most likely to have a greater benefit over its rivals due to its capability to offer lower costs and greater earnings.
This quote is written / told by Gerard Arpey somewhere between July 26, 1958 and today. He/she was a famous Businessman from USA.
The author also have 19 other quotes.
"Life is life - whether in a cat, or dog or man. There is no difference there between a cat or a man. The idea of difference is a human conception for man's own advantage"
"Raising children is an incredibly hard and risky business in which no cumulative wisdom is gained: each generation repeats the mistakes the previous one made"
"Architects are pretty much high-class whores. We can turn down projects the way they can turn down some clients, but we've both got to say yes to someone if we want to stay in business"
