Quote by Henry Ford
There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.
Summary
This quote emphasizes the central principle for industrialists: producing goods of superior quality while keeping costs low and paying their workers generously. It suggests that maintaining high product standards, minimizing expenses, and providing well-compensated employment are the key factors for success in the industrial field. This concept reflects the need for efficient resource management, satisfying customer demands with top-notch products, and ensuring fair treatment and compensation for workers within the industrial sector.
Topics
Quality
By Henry Ford
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