Famous quote by Lee Iacocca

Mobile Desktop
In the end, all business operations can be reduced to three words: people, product, and profits
Like

"In the end, all business operations can be reduced to three words: people, product, and profits"

- Lee Iacocca

About this Quote

This quote by Lee Iacocca is a pointer that all service procedures, despite exactly how complicated, can be come down to 3 essential elements: people, product, and also revenues. Individuals are the most integral part of any kind of business, as they are the ones that produce, market, and also offer the product. Without people, there would be no service. Product is the 2nd element, as it is the item that is being offered. Without an item, there would certainly be absolutely nothing to market. Lastly, profits are the objective of any type of business. Without profits, a service can not endure.

This quote is a suggestion that all service procedures must concentrate on these three parts. Individuals should be employed and also managed in a way that maximizes their capacity. The product should be of the best and marketed in a manner that appeals to the target audience. Ultimately, revenues should be made the most of by managing expenses as well as raising sales.

Finally, Lee Iacocca's quote is a tip that all company operations can be minimized to three words: people, product, as well as earnings. By concentrating on these 3 parts, companies can guarantee their success.

About the Author

Lee Iacocca This quote is written / told by Lee Iacocca somewhere between October 15, 1924 and today. He was a famous Businessman from USA. The author also have 31 other quotes.

Go to author profile

Similar Quotes

Small: A leader is best when people barely know he exists, when his work is done, his aim fulfilled, they will say: w
Lao Tzu
"A leader is best when people barely know he exists, when his work is done, his aim fulfilled, they will say: we did it ourselves"
Lao Tzu, Author
Small: Buildings should serve people, not the other way around - John Portman
John Portman
"Buildings should serve people, not the other way around"
John Portman, Architect
Small: Business is the salt of life - Voltaire
Voltaire
"Business is the salt of life"
Voltaire, Writer
Small: Ambition is not a vice of little people - Michel de Montaigne
Michel de Montaigne
"Ambition is not a vice of little people"
Michel de Montaigne, Philosopher
Small: Borders? I have never seen one. But I have heard they exist in the minds of some people - Thor Heyerdahl
Thor Heyerdahl
"Borders? I have never seen one. But I have heard they exist in the minds of some people"
Thor Heyerdahl, Explorer
Small: You cant get rid of poverty by giving people money - P. J. ORourke
P. J. O'Rourke
"You can't get rid of poverty by giving people money"
P. J. O'Rourke, Journalist
Small: A company is only as good as the people it keeps - Mary Kay Ash
Mary Kay Ash
"A company is only as good as the people it keeps"
Mary Kay Ash, Businesswoman
Small: The Oscar changed everything. Better salary, working with better people, better projects, more exposure, less
Kathy Bates
"The Oscar changed everything. Better salary, working with better people, better projects, more exposure, less privacy"
Kathy Bates, Actress
Small: Raising children is an incredibly hard and risky business in which no cumulative wisdom is gained: each genera
Bill Cosby
"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"
Bill Cosby, Comedian
Small: The opportunity to create a small world between two pieces of cardboard, where time exists yet stands still, w
Chris Van Allsburg
"The opportunity to create a small world between two pieces of cardboard, where time exists yet stands still, where people talk and I tell them what to say, is exciting and rewarding"
Chris Van Allsburg, Author