zlacker

[return to "Who shot General Motors? (Labor unions, in 1950.)"]
1. edw519+c1[view] [source] 2008-07-11 14:29:14
>>cmcgin+(OP)
Make cars people want.
◧◩
2. josefr+L2[view] [source] 2008-07-11 16:02:33
>>edw519+c1
It's kind of tough to succeed when your workers (with the same skills) get paid 2-3x what competing car companies pay. Profit margins are just as important to a company's success as demand. See Internet math of the late 90's for a perfect example of what 1000000 * 0 equals.
◧◩◪
3. edw519+S2[view] [source] 2008-07-11 16:08:38
>>josefr+L2
Profit margins are just as important to a company's success as demand.

On what planet?

Wanna buy a buggy whip, a cassette player, or a 5.25" floppy disk drive? All marked up 100%, but still good prices.

◧◩◪◨
4. jcl+J3[view] [source] 2008-07-11 16:44:30
>>edw519+S2
You wouldn't happen to have better examples? These only reinforce his point -- which alternately worded is: "Demand is just as important to a company's success as profit margins".
[go to top]